Industry News
ported by our operating growth as
well as acquisitions.”
“With this acquisition our product
range is strategically complemented,
we create synergies and improve our
position in particular in the North
American market”, said Dr.
Christoph Schlünken, president division Eckart Effect Pigments. Of particular interest and advantage was
the fact that with the further diversification of its portfolio, Eckart is now
able to enter a new, future-oriented
area of business with pigments for
stainless steel.
BRENNTAG ACQUIRES DIPOL
CHEMICAL INTERNATIONAL
Brenntag has acquired Dipol Chemical
International, Inc., a company focused
on the distribution of chemicals in
Ukraine, Russia and the Baltic States
and also provides its services in
Belorussia and Moldova.
Founded in 1994, Dipol is now a
leading company in the distribution
of polymers and specialty chemicals
in Ukraine, Russia and the Baltic
States. With sales in 2007 of $100
million, Dipol operates a well-established distribution network via
offices and warehouses in Kiev, St.
Petersburg, Moscow and Riga. The
company serves a variety of industries and acts as distributor for companies such as DOW, Ineos, Ineos
Nova, DuPont and DSM.
“We see huge potential in this area
and want to participate in the growth
of this region,” said Helmut Struger,
managing director, Brenntag Central
and Eastern Europe. “The acquisition enables Brenntag to enter the
market in the Ukraine and substantially increases our presence in
Russia. Furthermore this cooperation is an ideal foothold to enhance
Brenntag’s attractiveness for suppliers and customers in fields such as
food, cosmetics, construction, paint
and varnish , and oil and gas.”
NORDSON GROWS
IN SOUTH AFRICA
Nordson Corporation has acquired
MLT Systems Holdings (Pty) Ltd.
and its subsidiary MLT Application
Systems (Pty) Ltd. of Cape Town,
South Africa. Revenues of MLT were
not disclosed.
MLT employs a total of 15, operates
additional field offices in Johannesburg
and Durban, and has been the exclusive distributor of Nordson products in
South Africa since 1989. The company
distributes and services Nordson’s
adhesive dispensing, EFD and Primarc
UV product lines.
“For twenty years, we have had a
very strong partnership with MLT,”
said Edward P. Campbell, Nordson
chairman, president and CEO. “We
have mutually agreed that this transaction is the next step in our relationship and the best way to continue
growing Nordson’s business in the
country of South Africa and the
greater region.”
HEXION WINS PRESTIGIOUS
2008 R&D 100 AWARD
Hexion Specialty Chemicals, Inc. has
been named a recipient of a prestigious
R&D 100 Awards for 2008, which recognize the 100 most significant proven
technological advances of the year,
according to R&D Magazine.
These awards have been called the
“Oscars of Invention.” For more than 45
years, the R&D Awards have provided
“...a mark of excellence known to industry, government, and academia as proof
that the product is one of the most
innovative ideas of the year,” R&D
Magazine stated.
The award recognizes Hexion for its
leadership in the development of commercially viable technology for a bio-based powder coating in conjunction
with Battelle and the Ohio Soybean
Council. Hexion’s bio-based powder
coating technology delivers a durable
and cost-effective solution that is based
on renewable resource feedstocks, such
as soybeans and corn. The bio-based
powder coating technology also enables
low-temperature curing, which leads to
lower overall energy costs, although it
can also be used on high-temperature
substrates, such as metals. As a
Battelle licensee, Hexion is focused on
commercializing the technology.
“There is great interest in the
replacement of some petrochemical
feedstocks with bio-based feedstocks
for use in a wide range of applications,”
said Rich Myers, executive vice president and chief technology officer,
Hexion. “The R&D 100 Award recognizes our ongoing commitment to innovation and Hexion is pleased to be part
of such a respected group of industry
leaders.”
The global awards are selected annually by an independent panel of judges
and the editors of R&D Magazine. The
R&D 100 Award winners will be recognized at a formal ceremony in Chicago
in October 2008.
IN BRIEF
Cray Valley received ISO 9001:2000
registration for its Sartomer C5 resins
plant for Wingtack in Beaumont,
TX...Reichhold honored E. W. Kaufman
for achieving “Most Sales of Target
Technologies” during the 2007 sales
year at the American Coatings
Show.............Emerald Performance
Materials has formed CVC Thermoset
Specialties Division–the combination of
CVC Specialty Chemicals and
Emerald’s reactive liquid polymers busi-ness...Cray Valley has announced it is
lifting sales control on its Norsolene A
series and S series hydrocarbon resins
manufactured in its Channelview,
Texas, facility, effective immediately. The
sales control was placed on the product
in late May, affecting only customers in
the Americas. The company cited
improved conditions surrounding the
availability of feedstock as the reason
for lifting the sales control. CW
