Hanes Geo Components of Winston Salem, N.C., has announced that its new location in the St. Louis market. This is the company’s second Missouri...
Deal will create largest specialty chemical company in the U.S.
Dow Chemical Corp. and Rohm and Haas have signed a definitive agreement whereby Dow will acquire all of the outstanding shares of Rohm and Haas common stock for $78 per share in a transaction valued at $18.8 billion.
The deal would not only create the largest specialty chemical company in the U.S. but would also consolidate further the market for water treatment chemicals.
Recently, Ashland, Inc. signed a definitive agreement to acquire Hercules, Inc., a major player in the water treatment chemicals business. Nalco Co. remains the leader in the sector, recording revenues totaling $3.912 billion in 2007, an increase of 8.6% over 2006.