Chemical Week Magazine :: Newsbriefs
Sealed Air Acquires Dow’s Ethafoam Product Line
12:37 PM MDT | October 3, 2007 | Chemical Week Editorial Staff
Sealed Air (Elmwood Park, NJ) says it has agreed to acquire Dow Chemical’s Ethafoam brand polyethylene foam packaging product line for an undisclosed amount. The deal is expected to close in the fourth quarter, pending regulatory approval. The acquisition includes a license to process technology, customer contracts, trademarks, and certain production and process equipment. Under the deal, Dow will supply Ethafoam and related products to Sealed Air from Dow’s Hanging Rock, OH and Drusenheim, France facilities for up to 18 months; Sealed Air will then...
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