Make your products visible globally with Elite Membership.
I agree to the terms and conditions
Existing User?
Sign In with Email
Remember Me Forgot Password?
New User?
Enter your registered Email ID to get reset password.
Elite Member
Individual Register
ST PAUL, US: H B Fuller Company has signed an agreement to sell its Central American paints business to Compania Global de Pinturas, a company of Grupo Mundial. The purchase price to be paid for the business is $120 million. In 2011, the business to be sold had revenue of $113.5 million and generated EBITDA of $13.3 million, before allocation of corporate expenses. The Central American paints business will be accounted for as a discontinued operation in H B Fuller’s current 2012 fiscal year.
“This business has a strong market position and excellent leadership. Our strategic vision is to be the best adhesives company in the world and the paints business is not, therefore, core to our strategic plan. Our divestiture enables this excellent business to be part of a company with a strategic position in the paint industry,” said Jim Owens, President and CEO, H B Fuller.
© WOC News
Login
KASSEL, GERMANY/MOSCOW, RUSSIA: K+S Aktiengesellschaft has signed an agreement with EuroChem regarding the sale of K+S Nitrogen, one of the leading su ...
ZUG, SWITZERLAND: Foster Wheeler’s Global Engineering and Construction subsidiary has signed an Asian Enterprise Framework agreement (EFA) with ...
LONDON, UK: The United Kingdom allocated 60 million pounds ($97 million) to encourage the development of carbon capture and storage (CCS) technology i ...
RADNOR, US: Airgas appointed Michael L Molinini as President and Chief Executive Officer effective immediately. Molinini will succeed Peter McCausland ...
ALBANY, US: Momentive introduced its SilTRUST transparent silicone encapsulant material, a new transparent silicone encapsulant technology that ensure ...
GAINESVILLE, US: According to research by University of Florida astronomers, ‘Hot Jupiter-type’ planets are most likely to be alone in the ...
Stay updated with the latest chemical industry trends and innovations.
Verification Code has been sent to
Please enter the Verification Code below to verify your Email Address.If you cannot see the email from "noreply@worldofchemicals.com" in your inbox,make sure to check your SPAM Folder