Lonza acquires Arch Chemicals for $1.2B
The world’s biggest manufacturer of drug
ingredients, Lonza Group AG, Basel,
Switzerland has come into an agreement
to buy Arch Chemicals Inc. for approximately $1.2 billion creating a global
leader in the bacteria and fungi killing
business.
Arch Chemicals’ products are used for
disinfecting swimming pools, protecting
wood from fungus, preventing the growth
of molds and mildew in paints and dandruff treatment. This deal with Norwalk,
Connecticut based Arch Chemicals will
make Lonza Group the leader in the $10
billion market which is exhibiting growth
of as much as six percent per year and it
will also reduce its dependence on manufacturing pharmaceutical ingredients for
drug makers said the company.
Lonza Microbial Control, a new business sector formed by the acquisition
and led by Jeanne Thoma as previously
announced, will offer a complete portfolio of microbial control solutions. Lonza
will offer this complementary range of
products and actives to a broader range
of customers in both established and
emerging markets.
about meeting rapidly increasing customer
demand,” said Leif Darner, AkzoNobel’s
executive committee member responsible
for performance coatings. “We are also
seizing an ideal opportunity to further
strengthen our leadership position.”
“The automotive and aerospace mar-
ket in China is forecast to further increase
steeply in the coming years and this in-
vestment will allow us to capture our
share of this growth,” said Jim Rees, man-
aging director of AkzoNobel’s automotive
and aerospace coatings business.
Changzhou is the ideal location for this
facility as there is a good infrastructure al-
ready in place and it is ideally situated in
the coatings ‘center’ of China, with close
access to many of our customers.” 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.
AkzoNobel to raise production
capacity in China
AkzoNobel said it is investing around €60
million to increase the production capacity of its automotive and aerospace coatings business in China. This investment
will provide additional momentum for the
company’s accelerated growth strategy of
achieving revenue of $3 billion in China
by 2015, and strengthen its leadership position in the country’s automotive refin-ishes market.
As well as constructing a new production
facility in Changzhou, the company will
build related warehousing, quality control
laboratories, support facilities and offices on
the new site. The project will increase capacity by around 25 million liters and the site is
projected to be operational in early 2014.
“This investment builds on last year’s
acquisition of Prime Automotive and is all
AcePaint.................................................... 50
AkzoNobel..............................................8, 10, 27
BASF....................................................... 10
Cortec...................................................... 27
Datum...................................................... 27
DepositionSciences............................................ 27
DSI ........................................................ 27
Dunmore.................................................... 10
Dunn-Edwards................................................ 10
FinePaintsofEurope........................................... 10
H.B.Fuller............................................. 10, 32, 44
Henkel................................................... 32, 44
InternationalPaint............................................. 10
Jotun....................................................... 27
KansaiPaint.................................................. 20
LordCorp.................................................... 27
NortekPowderCoating......................................... 27
PPG..................................................... 10, 36
RedSpot .................................................... 20
RPM .................................................... 10, 32
Rust-Oleum.................................................. 27
Seal-Krete ................................................... 10
Sherwin-Williams.............................................. 27
Sika........................................................ 32
Standox..................................................... 27
TennantCo................................................... 27
Tikkurila.................................................... 10
www.coatingsworld.com
November 2011
