Plant Opening Schwarzheide, 16 March 200515 Mar 2005
CROMPTON CORPORATION AND GREAT LAKES CHEMICAL CORPORATION ANNOUNCE MERGER TO CREATE MAJOR NEW SPECIALTY CHEMICALS COMPANY
Middlebury, CT and Indianapolis, IN, March 9, 2005 –Crompton Corporation (NYSE: CK) and Great Lakes Chemical Corporation (NYSE: GLK) announced today that they have entered into a definitive merger agreement for an all-stock merger transaction, which will create the third-largest publicly traded U.S. specialty chemicals company. The new company will have combined pro forma 2004 revenues of more than $4.1 billion and a market capitalization of nearly $3.2 billion. It will hold leading positions in high-value specialty chemical niche businesses including plastics additives, petroleum additives, flame retardants and pool chemicals. Additionally, the combined company will maintain strong positions in castable urethanes and crop protection chemicals.
ISH International Trade Fair14 Mar 2005
GREAT LAKES INCREASES PRICES OF ALL BROMINE-BASED FLAME RETARDANTS
INDIANAPOLIS, INDIANA—Great Lakes Chemical Corporation (NYSE:GLK) today announced it will increase prices worldwide on Firemaster® 550/552 flame retardants, Tetrabromophthalic anhydride and Tetrabromophthalic anhydride (PHT-4™) derivatives by $0.10/lb. Additionally, the company will increase prices on all other brominated flame retardants worldwide by up to 15%. These price increases are in addition to all other increases previously announced and will be effective for shipments beginning April 1, 2005, or as contracts allow.
14 Mar 2005
Peguform Bohemia and Exatec teaming up to advance Polycarbonate Automotive Glazing
The cooperation of a leading automotive equipment supplier and the leading international polycarbonate glazing specialist heralds a new era in automotive design. Czech Republic based Peguform Bohemia and Exatec, the PC Glazing Technology Joint Venture of Bayer MaterialScience and GE Advanced Materials, announced on March 8, 2005 their cooperation in a major effort to bring advanced Exatec PC Glazing Technology to the automotive market. Peguform Bohemia will build a new polycarbonate glazing facility based on Exatec’s comprehensive glazing system technology. This will make Peguform Bohemia the first company to use Exatec’s advanced Glazing technology including Plasma technology to manufacture clear, light weight and impact resistant polycarbonate side and rear car windows as well as panoramic roofs for car manufacturers worldwide.
14 Mar 2005
Borealis appoints Ultrapolymers as European rotomoulding distribution partner
Borealis has appointed Ultrapolymers as distribution partner in Europe for its full range of polyethylene and polypropylene rotomoulding (RM) resins effective March 14, 2005.
14 Mar 2005
GE Advanced Materials and Exatec Fuse Function and Aesthetics for Leading Innovative Large Surface Glazing Technologies
BERGEN OP ZOOM, THE NETHERLANDS — GE Advanced Materials, Automotive, working in collaboration with Exatec, offers premium design options for large three-dimensional (3-D) glazing panels for rear and roof window applications and other 3-D parts by combining high-performance LEXAN* GLX resin with unique coating technologies from Exatec.
10 Mar 2005
Borealis achieves major increase in operating profit to EUR 278 million for 2004
Borealis today announced its fourth quarter results, reporting an operating profit of EUR 104 million for the quarter. The result compared positively to the EUR 24 million achieved in the same quarter of 2003, benefiting from improved operations and higher industry margins.
