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Article: News Digest.(Briefs)
- Article from:
- Rubber & Plastics News
- Article date:
- January 20, 2003
CopyrightCOPYRIGHT 2003 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Chemcentral to buy C.P. Hall unit
Chemcentral Corp. has signed a definitive agreement to buy C.P. Hall Co.'s Specialty Additives business.
Terms of the deal, expected to close in early 2003, were undisclosed. The acquisition is part of the distributor's plan to expand its product line of specialty chemicals that offer the potential for higher growth and profitability, said John R. Yanney, Chemcentral president and chief operating officer.
C.P. Hall said the divestiture will allow it to focus on its patented materials, applications technologies and ongoing material science innovations in polymer additive chemistries and personal care solutions.