Altana Acquires Wax Additive Manufacturer
ChemCor, USA
The specialty chemicals group Altana, has signed a contract to acquire the business of ChemCor Corporation
of America Inc., a U.S. manufacturer of
specialty wax additives. The business, headquartered in Chester, New York, generated
yearly sales of approximately $17 million.
By way of an asset deal, Altana will acquire
the production site in Chester together
with the staff employed there. The business will be integrated into Byk USA Inc.,
which is based in Wallingford, Connecticut
and belongs to the Altana Additivesand
Instruments division.
ChemCor produces water-based wax
products and specialty additives for a
wide range of industries including floor
finishes, exterior paint and deck stains,
graphic arts coatings and inks as well as
mold release products.
BASF (China) Co., Ltd. and the
Management Committee of Wujin Green
Building Industry Demonstration Area
in Changzhou, Jiangsu Province signed a
framework agreement of strategic cooperation on Dec. 8, the opening day of the
9th International Green Habitat Forum
in Wujin, Jiangsu.
The range of solutions BASF pro-
vides to the GBIDA in Wujin include,
thermal insulation material and exterior
insulation finishing systems, eco-friendly
coatings, flooring and waterproofing sys-
tems as well as waste management solu-
tions. Under a ten year plan, Wujin Green
Building Industry Demonstration Area,
with an area of 15. 6 square kilometers,
will be come a national hub for green
building demonstration and developmen,
as well as a hub for the development of
talent in this field, entrepreneurial culti-
vation and international exchange. CW
Index to Companies
This index gives the starting page for a department or feature with a significant reference to a manufacturer of paint, coatings, adhesives and sealants
Subsidiaries are indexed under their own names.
AkzoNobel .......................................................................................... 10, 28, 46
BASF Supports Sustainable
Construction Initiatives
BASF’s expertise in energy efficiency in
buildings and municipal waste management will be applied at the Green Building
Industry Demonstration Area (GBIDA)
in Wujin, Jiangsu. This GBIDA in Wujin
is the first Green Building Industry
Demonstration Area nominated by the
Ministry of Housing and Urban-Rural
Development, which sets an example for
green buildings in China.
“With the urgency in enhancing energy
savings in China and more Chinese consumers looking for highly energy-efficient,
environmentally friendly solutions that
suit their lifestyles at their living places,
we see the rising demand for innovative
solutions that support sustainable living
environments. With our extensive network and further strengthened research
and development platform in China, BASF
is committed to supporting the sustainable construction initiatives in China with
tailor-made innovative solutions, high-quality products and reliable supply,” said
Andrew Lee , vice president, business management, BASF Greater China.
BASF ......................................................................................................8, 10, 40
Carboline ........................................................................................................ 40
Dunn Edwards .......................................................................................... 10, 26
Hempel ........................................................................................................... 10
International Paint .......................................................................................... 10
Jotun ............................................................................................................... 28
PPG...................................................................................................... 10, 26, 46
SCIGRIP ......................................................................................................... 10
Resene Paints .................................................................................................. 10
RPM ............................................................................................................... 40
The Sherwin-Williams Company.................................................... 10, 19, 26, 28
Spies Hecker.................................................................................................... 26
Valspar...................................................................................................... 10, 50
Whitford ......................................................................................................... 10
8 | Coatings World
www.coatingsworld.com
December 2012
