IHS Chemical Week

Altana acquires Rockwood's rheology additives business

11:17 AM MDT | July 29, 2013

Altana says it has signed a definite agreement to acquire the global rheology business or the clay-based additives business of Rockwood Holdings, for $635 million. The unit, currently part of Rockwood’s performance additives business segment, is one of the world’s leading manufacturers of rheology additives that optimize the flow characteristics of various materials, Altana says. The clay-based additives business, which operates production sites at Gonzales, TX; Louisville, KY; Widnes, United Kingdom; and Moosburg, Germany, employs about 340 people and...

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