Chemicals
The companies featured on PressReleaseFinder are active in several industries.
5 Mar 2007
Asian PPG Industries Ltd. to acquire auto refinish business of ICI India Ltd.
PITTSBURGH, Feb. 20, 2007 – PPG Industries (NYSE: PPG) has signed a Memorandum of Understanding with ICI India Ltd., Mumbai, India, to facilitate the acquisition of ICI’s premium automotive refinish business. Upon closing, the business would be acquired by Asian PPG Industries Ltd., a 50 percent joint venture of PPG and Asian Paints Ltd., also of Mumbai. The closing is scheduled for mid-March and is subject to certain conditions. The transaction is valued at approximately $12 million.
28 Feb 2007
PPG Further Develops in China and Plans to Build a Resin Plant
Feb. 25 2007, PPG Industries, the world's leading manufacturer of coatings, glass and chemicals, held a ground breaking ceremony in Zhangjiagang and plans to build up the first resin plant in China. The Party Secretary, mayor and chief officers of Zhangjiagang government as well as officers from Zhangjiagang bonded area attended the ceremony and highly appraised the scope and technologies of PPG.
SHANGHAI, 1st February, 2007 – This month marks PolyOne’s 10th year of operations in China. With over 500 employees and 2006 regional revenues exceeding US$100 Million, PolyOne’s Asia Operations are poised for a new era of growth in this highly dynamic environment. The company has built a legacy of quality, consistency and superior performance in meeting the stringent specifications of today’s global customers. 
January 26, 2007 – Reichhold has named chemicals distributor Univar as the company’s new distribution partner for vinyl ester resins in the United Kingdom (UK) under the brand names DION® and HYDREX®.
Urmond (NL), January 26, 2007 – The “Tribunal de Grande Instance” of Paris, France, has ruled in favor of DSM Dyneema, the inventor and manufacturer of Dyneema®, the world’s strongest fiber™, in a patent infringement lawsuit instituted against Hangzhou Pivot International Co. Ltd., of Hangzhou, Zhejiang Province, China.