ICI plc announced an agreement to sell its 30% stake in the Huntsman International Holdings joint venture to CSFB Global Opportunities Partners L.P. for ¿295 million, or approximately $430 million.
Noveon Inc. announced the acquisition of technology and other assets from American Finish & Chemical Co. as part of a strategy to expand its Performance Coatings business.
Day-Glo Color Corp., Cleveland, has acquired the fluorescent pigment business unit of Sun Chemical Corp. in a transaction involving the transfer of inventory, equipment and intellectual property.
The Dutch Boy Paint business of The Sherwin-Williams Co., Cleveland, has introduced a "Twist & Pour" all-plastic gallon container with a twist-off lid, side handle and pour spout.
Professional Paint Inc. and Jones-Blair Co. announced the completion of Professional Paint's acquisition of Jones-Blair's 27 service centers and related dealer-distribution operations through Professional Paint's newly formed, wholly owned subsidiary Stellar Kwal Paint.