Perstorp buys Ashland’s Penta business
Perstorp has acquired the pentaerythritol,
Penta, business from Ashland Inc. The acquisition is part of a larger, investment
campaign to increase polyol capacity. Perstorp has, through its subsidiary Perstorp
Polyols Inc., signed an agreement with
Hercules Inc., a subsidiary of specialty
chemicals company Ashland Inc., for the
acquisition of its Penta business, related
technology and certain assets. It does not
include the manufacturing plant in
Louisiana, Missouri, any real estate or employees. The acquisition is subject to fulfillment of certain conditions and is
expected to be completed within 60 days.
The polyalcohol Penta is used in applications such as alkyd resins, PVC stabilizers,
synthetic lubricants, varnishes and other
products and Perstorp is now producing
Penta in three different production plants
in Germany, the U.S. and Sweden. Investments will mainly take place in Perstorp’s
U.S. facility.
wholly owned subsidiary of DuPont and
part of the company’s Sustainable Solu-
tions business effective Dec. 31, 2010.
Terms of the agreement were not dis-
closed. DuPont Sustainable Solutions
offer collaborative consulting and solu-
tions-driven technologies and services that
help organizations transform their work-
places and work cultures to become safer,
more efficient and more environmentally
sustainable. Its offerings are grouped into
four practice areas: safety resources, sus-
tainable operations, clean technologies
and training solutions. CW
Index to Companies
This index gives the starting page for a department or feature with a signifi-
cant reference to a manufacturer of paint, coatings, adhesives and sealants.
Subsidiaries are indexed under their own names.
Merck inaugrates
new application and
technology center in India
Merck Limited has opened its new Application and Technology Centre at Nerul,
Navi Mumbai which enables the global
pharmaceutical and chemical company to
offer customized application and technology solutions to various industries including drug discovery, decorative paints,
automobiles and cosmetics. This new center
has eight laboratories out of which four of
the labs address cosmetic actives, cosmetic
pigments, printing and coating applications.
DuPont acquires MECS
DuPont has completed its purchase of
MECS from affiliates of American Securi-
ties LLC. The previously announced trans-
action strengthens the DuPont clean
technologies portfolio and will provide ac-
cess to additional high-growth markets,
particularly in developing regions such as
Asia Pacific, the Middle East and Africa.
Per the agreement, MECS becomes a
AkzoNobel .................................................. 10
8 | Coatings World
www.coatingsworld.com
January 2011