Coatings World - January 2011

further increases the downstream integration of its acrylics chain, while offering major potential for growth and synergies. The businesses concerned include the coatings resins of Cray Valley (Europe, Asia, South Africa) and Cook Composite Polymers (United States), as well as the photocure resins of Sar-tomer (Europe, United States, Asia). These make up a coherent group of specialty products used in the high value-added paints and industrial coatings markets.

Chemicals after receiving approval of the
Chinese authorities. Located in Zhangji-
agang near Shanghai, Feixiang Chemi-
cals is China’s leading producer of
amines and surfactants, and employs
about 650 people. This acquisition will
allow Rhodia to integrate specialty
amines technologies, key intermediates
of surfactants, into its Novecare business
portfolio. Through the integra-
tion of Feixiang Chemicals,
Rhodia becomes the largest in-
ternational surfactant player in
Asia. Furthermore, Rhodia enhances its
footprint in the world’s fastest growing
region by generating one third of its net
sales in Asia. CW

DSM to acquire 51% of AGI Corporation Royal DSM N.V. of the Netherlands intends to acquire a 51 percent stake in AGI Corporation of Taiwan (AGI). AGI offers a broad range of UV (ultraviolet) curable resins and other products that are used in coatings for paper, wood, plastic and graphic arts applications. AGI reported net sales in 2009 of NTD 3,561 million (approximately €90 million). AGI is listed on the emerging companies board of the Gre Tai Securities Market in Taipei. The intended acquisition will be for a 51 percent stake for about € 48 million. DSM said the public tender offer will be launched through a wholly-owned DSM subsidiary towards the end of Q1 2011 following AGI corporate approvals for the private placement of new shares.

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Patented blending/dispersing blade design makes radical
improvement over old saw tooth designs

POLY STAINLESS

Hydrite Chemical Co. launches new website Hydrite Chemical Co. has launched their improved and updated website - www.hydrite.com. The site offers a fresh new design and details of their updated industrial cleaning, sanitizing, ingredient, foam control and bulk chemical offerings. “We invite our customers past, present and future to view our new website and read how we continue to help improve our customers’ products by connecting their needs with our technical resources and products,” said John Honkamp, president and CEO of Hydrite Chemical Co. For more information, please contact Melissa Udovicic, Hydrite Chemical Co. marketing manager, at 262.792.2363 or visit the new website at www.hydrite.com.