AkzoNobel to Acquire Dow's Powder Coatings Business

AkzoNobel says it has agreed to acquire Dow Chemical's powder coatings business for an undisclosed price. Dow purchased the business as part of its acquisition of Rohm and Haas and has said that powder coatings is not a core business for Dow. The acquisition, expected to close in the second quarter of 2010 subject to approvals by antitrust authorities, will reinforce AkzoNobel's position as the global leading producer of powder coatings. Dow's powder coatings operations with five plants based in the U.S., Europe and China, has sales of some $250...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers