The Sherwin-Williams Co. has acquired a majority interest in Shanghai Kinlita Chemical Co. Ltd., a Shanghai, China-based manufacturer of electrodeposition OEM coatings for trucks and buses.
DuPont Co. announced plans to reduce its worldwide work force by 6%, or 3,500 positions, by the end of 2004 as part of a $900 million cost-cutting program announced late last year.
ICI Paints announced a three-month program encouraging customers and employees of the company's eight Cleveland-area stores to support the Red Cross's "Together, We Prepare" initiative.
Employees at BASF's Whitehouse, OH, coatings site turned a fading 1985 Chevrolet Corvette into this colorful rolling ambassador of the Lucas County, Ohio, Drug Abuse Resistance Education (D.A.R.E.) program using a new BASF color dye system called "Carizzma."
Science and technology institute Battelle and the Ohio Soybean Council recently received an "R&D 100" Innovation Award for the development of soy-based toner for use in laser printers, copy machines and fax machines.
The Sherwin-Williams Co. announced a definitive agreement to acquire 100% of the stock of Duron Inc. in a transaction valued at $253 million plus the assumption of "certain financial obligations."