PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Paint and Coatings Industry News

Main News Page


Cognis to Sell UV Acrylates Business

Thursday, April 1, 2010

Comment | More

Cognis, a global specialty chemicals producer based in Monheim, Germany, announced an agreement to sell its UV acrylates business to IGM Resins B.V., based in Waalwijk, The Netherlands.

The UV acrylates business is part of Cognis’ Functional Products strategic business unit. The sale is expected to be formally completed by June 2010.

The UV acrylates business manufactures monomers and oligomers for UV applications marketed under the Photomer brand name. Applications of the materials include UV-cure coatings, adhesives, and ink.

The proposed sale includes trademarks, intellectual property, inventory, and the UV acrylates business’s Charlotte, N.C., manufacturing site. The manufacturing employees at the site will be transferred to the new owner, along with several employees in the U.S., France, and Asia. Cognis said the sale reflects a strategy to focus on core businesses and product groups supporting the wellness and sustainability market trends.

John Huiberts, CEO of IGM Resins, said the acquisition “complements and strengthens IGM Resins’ position as a fully integrated, leading supplier of raw materials to the radiation-curing industry globally, and is a significant boost for our business.” He said IGM Resins plans “to further develop and strengthen” the business’s market position.

IGM Resins, founded in 1999, is a global specialty chemicals company focusing on UV- and radiation-curing markets. The company has offices and production facilities in several European countries, the U.S., South America, and China.

   

Tagged categories: Acquisitions; Cognis; Mergers; Raw materials; UV coatings

Comment Join the Conversation:

Sign in to our community to add your comments.

BASF
New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
polyorders@basf.com
800-231-7868


Montipower, Inc.
The MBX Bristle Blaster

Get a 2.7 to 3.3 mil profile and a Near White Metal Clean. For info visit www.mbxit.com or call 877 629-8777


Polyval Coatings
Polyflex® Polyurea Linings

Polyflex ™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.
www.polyflexlinings.com


Midsun Specialty Products
Stopaq 30+ Year Coatings

Use Stopaq corrosion prevention coatings on pipelines, field joints, tank chimes, structural steel and more. Learn more at www.midsunsp.com/stopaq


Tinker & Rasor
Holiday Detectors Made in the USA

When it comes to coating inspection, get the right instrument for the job. Tinker & Rasor pulse –type DC holiday detectors come standard with the widest voltage range available, 800 volts to 35,000 volts in one instrument.


Axxiom Manufacturing
Schmidt Improves
Portable Blasters

Schmidt's VBS System reduces blowdown intensity, prevents exhaust from damaging floor while using no screens or filters. Reduces sound; Increasing safety.
Call 1-800-231-2085


Clemco Industries Corp.
Powerful Protection in a Small Package

Mounts inside blast helmet, alerts operator to dangerous breathing-air condition by audible, visual, and vibratory alarms. Easily calibrated, battery operated.


Hempel (USA) Inc.
HEMPEL PROTECTIVE COATINGS

Efficient systems and high quality products to reduce your maintenance costs. Visit Hempel Protective for more information.


Dampney Co., Inc.
Rubber In a can!

Rubberized Spray in a
Handy Aerosol Can

• Stays flexible
• Seals off moisture penetration
• Non sagging formulation
• Will not crack, chip or peel
• Apply to wet and dry surfaces
• Paintable

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com