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Markets :: Specialty Chemicals :: Paints and Coatings
Altana Completes USBP Unit Buy
11:01 AM MDT | October 20, 2008 | Chemical Week Editorial Staff
Altana says it has completed the acquisition of United States Bronze Powders’ (USBP) effects pigments business, for an undisclosed sum. The acquired business includes bronze, copper, and stainless steel pigments, as well as press-ready metallic printing inks. Production will be transferred to Altana’s Eckart America and to its main facility at Güntersthal, Germany, the company says. The business generates about $8 million in sales, 60% of which are from North America (CW, Aug. 25, p. 4). No manufacturing site or employees are included in the...
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