DuPont Co. completed the sale of its INVISTA resins and fibers business to subsidiaries of Koch Industries Inc. for $4.2 billion, including the assumption of debt and certain joint-venture and equity interests.
BASF announced the introduction of the "Larolux" curing system for ultraviolet (UV)-cure coatings, which the company said employs low-energy UV light in a carbon-dioxide atmosphere to rapidly cure coatings applied to three-dimensional metal, plastic or wood objects.
DuPont Co. said it has presented its Lavoisier Medal for Technical Achievement to Michael Fryd, a retired coatings-technology scientist who played an important part in advances in automotive finishes.
Elementis plc announced an agreement to acquire Sasol Servo, a supplier of coatings additives, from Sasol Ltd. for approximately 48.5 million euros in cash.
The Lubrizol Corp. announced a definitive agreement to acquire Noveon International Inc., a supplier of coatings resins and other specialty chemicals, in a transaction valued at $1.84 billion.
Rockwood Specialties Group Inc. said it will acquire four businesses of Dynamit Nobel, based in Troisdorf, Germany, including titanium dioxide (TiO2) pigment supplier Sachtleben Chemie GmbH and surface-treatment and lithium-chemicals producer Chemetall GmbH. Financial terms were not disclosed.
A study commissioned by RPM Inc.'s Rust-Oleum subsidiary concludes that business owners, plant-facility managers and health and safety executives are interested in reducing workplace hazards related to painting activities while allowing such activities to take place during normal business hours.
The NPCA reported that Environment Canada, the country's environmental regulatory agency, is conducting a survey of VOC content in architectural and industrial (AIM) coatings, an action that could lead to the development of a VOC regulation on AIM coatings.