The mazda pharma Guide 5th August to 11th August 2013 | Page 32
CHEMICALS NEWS
ROCKWOOD ENTERS DEFINITIVE AGREEMENT TO SELL ADDITIVES BUSINESS
PRINCETON, NJ : Rockwood Holdings, Inc announced today it entered into a definitive agreement to sell its Clay Based Additives suspension. End products in which these additives are used include industrial and architectural coatings, oil and gas drilling fluids, consumer and household care products, and inks, paper and composites. It had net sales of $191.4 million, $202.3 million and $169.6 million for the years ended December 31, 2012, 2011 and 2010, respectively. The announced today the signing of a Memorandum of Understanding (MOU) with the intent to form a joint venture to manufacture high-density polyethylene (HDPE). “This joint venture demonstrates INEOS's continued commitment to the HDPE market and to growing end-use applications that benefit from bimodal technology. It enables two global companies to integrate with each partner's upstream businesses the leading bimoda ? \??H X?????H?H ?? \??[H\??] 8?'H ?ZY[??\??Z] ?S??S?S???Y?[?? ?? [Y\??T?K?H[??\?[?Y?X?[] H ??[ ?? X?H
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