Akzo Nobel to divest epoxy curing agents and adhesion promoters.ARNHEM, The Netherlands--(BUSINESS WIRE)--June 29, 1995--Akzo Nobel NV, the Netherlands and Air Products and Chemicals Inc., of Allentown, Penn., United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. have signed an agreement on the divestment of Akzo Nobel's epoxy epoxy Any of a class of thermosetting polymers, polyethers built up from monomers with an ether group that takes the form of a three-membered epoxide ring. The familiar two-part epoxy adhesives consist of a resin with epoxide rings at the ends of its molecules and a curing curing agents and adhesion promoters business. The transaction includes several high-performance, water-based curing agents which complement Air Products' portfolio in this area. Akzo Nobel's operations are based in Duren, Germany, Arese, Italy and Campo Limpo, Brasil. The Epilink curing agents are mainly used for epoxy coating formulations for concrete and steel, whereas Nourybond adhesion promoters are widely applied in the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , for underbody coatings of cars. With manufacturing facilities for epoxy additives in the U.K. and the United States, Air Products is a leading global supplier of curing agents and modifiers for epoxy resin systems. Air Products and Chemicals Inc. is a leading supplier of industrial gases and related equipment, chemicals, and environmental and energy systems. The company operates on a global scale and has annual revenues approaching USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 4 billion. Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. , headquartered in the Netherlands, is one of the world's leading companies in selected areas of chemicals, coatings, healthcare products, and fibers. More than 70,000 people in over 50 countries make up the Akzo Nobel workforce. CONTACT: Nick Sommers 312/906-7612 |
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