CPS Color, a major supplier of tint systems, announced an agreement to acquire COROB Group, a manufacturer of
automatic tinting equipment, from Swisslog AG.
UCB Group and Solutia Inc. announced a definitive agreement under which UCB will acquire
Solutia's Resins, Additives and Adhesives businesses for $500 million in cash, plus a $10 million exclusivity fee.
DuPont Co. has given a Marketing Excellence Award to a team from the company's Textiles & Interiors Nylon
Intermediates, Specialties and Polymer business that developed the Vapor Hazard Ratio.
Akzo Nobel said it may cut more jobs in its coatings and pharmaceutical businesses in addition to
previously announced reductions, according to news reports in Europe.
Ciba Specialty Chemicals announced that the company's quinacridone pigments currently sold in the United
States under the MONASTRAL brand name will be marketed as CINQUASIA pigments.
Reichhold Inc. said it is expanding production of glycidyl methacrylate acrylic (GMA) resins by 4
million lbs. per year at the company's facility in Vienna, with the added capacity expected to become operational in the second
quarter of 2003.