Paint & Coatings Industry - April 2008 - (Page 27)

M ERGERS & ACQUISITIONS trademark for wood and building materials preservation markets and to the BIOBAN ™ trademark for all other industries as registrations allow. The assets are expected to be fully integrated into Dow Biocides by the end of the first quarter 2008. WACKER Finalizes Acquisition of Polymer Joint Ventures MUNICH, Germany — Wacker Chemie AG has successfully concluded its acquisition of full ownership of Air Products Polymers (APP) and Wacker Polymer Systems (WPS), its two joint ventures with Air Products and Chemicals Inc. WACKER expects APP and WPS to be fully integrated into the group structures by year-end. WACKER will take full ownership of the two companies’ activities in Allen- town, PA; Calvert City, KY; Cologne and Burghausen, Germany; South Brunswick, NJ; and Ulsan, South Korea. In return, Air Products is to receive the production facilities at Elkton, MD, and Piedmont, SC, as well as related business. Air Products will also receive a payment of $265 million. WACKER estimates that the acquisition will help boost the group’s 2008 polymer business to about €1 billion. WACKER expects the acquisition to benefit its global polymers business on several strategic fronts. Advantages include backward integration at U.S. and Asian dispersion plants, as well as the expansion of its supply chain outside the Eurozone. In addition, the deal strengthens WACKER’s portfolio in application areas such as adhesives and coatings. Thermolon and Shinwoo Merge/$15-Million Investment Planned HONG KONG — Thermolon, a supplier of non-stick coatings used in cookware, has announced that it has merged with Shinwoo Trading Co., the South Korean company that manufactures the coating. Thermolon™ coatings are completely PTFEfree; therefore, no PFOA (sometimes known as C8) is used at any stage during its manufacture. In Phase One of the new company, a new investment of $15 million is planned to further expand the production capacity of Thermolon. Both companies will operate under the umbrella of Thermolon Ltd., and all products will be branded as Thermolon. More choices. Sweet results. Everybody enjoys more of a good thing. That’s why we’re constantly working to deliver more choice in leading-edge latex technologies for architectural coating applications. In fact, our latest technological twist is resulting in next-generation latex platforms that offer enhanced dirt resistance in low-VOC elastomeric wall coatings with excellent elongation properties. You can also expect sweet results from binders designed to help meet SCAQMD Rule 1113 requirements. UCAR™ all-acrylic and vinyl acrylic latexes, and EVOCAR™ ethylene modified polymers are just three more examples of increased choice for low-VOC coatings. The cherry on top? Dow Coating Solutions – our new business organization – which provides you with a single portal to more advanced technologies, more comprehensive solutions, and more success. So, go ahead, treat your coatings formulations to more choices. They deserve it. www.dow.com/ucarlatex ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow Element # 550-1KT97 http://www.dow.com/ucarlatex

Table of Contents Feed for the Digital Edition of Paint & Coatings Industry - April 2008

Paint & Coatings Industry - April 2008 Contents Viewpoint Industry News Calendar of Events Company News Mergers and Acquisitions Names in the News Snapshots of Success – Automotive Applications Designing UV-Curable Materials for High-Temperature Optical Fiber Applications The Future of UV Coatings is Now! Milling Media Review Part 1 – Bead Density Effect Preparation and Properties of UV-Curable Polyurethane Acrylate Resins for Metal Surfaces Conquering Color Harmony High-Performance PU Crosslinkers for Two-Component Waterborne Applications Decorative Film Laminates How Long Will the Gilding Glitter? Gaining a Competitive Advantage Using Benchmarking Supplier Showcase Materials Watch Products and Literature Classifieds Advertiser Index Automotive Color Trends New England Museum Solves Century-Old Vanderbilt Mansion Mystery

Paint & Coatings Industry - April 2008

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