COVA Products Now Doing Business as Solvay Draka Inc.Business Editors COMMERCE, Calif.--(BUSINESS WIRE)--Jan. 27, 2004 COVA COVA Colorado Organization for Victim Assistance COVA Central Oregon Visitors Association COVA Central Orleans Volunteer Ambulance (New York) COVA Change of Vehicle Assignment Products, located in Swedesboro, N.J., is now doing business as Solvay Draka Inc. COVA has been operated as a division of Solvay Draka Inc. since it was acquired in 2001. Product lines impacted by the change include the company's line of decorative laminates and industrial foils serving the consumer electronics, manufactured home, furniture and stationery markets throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The company will continue to sell these products, which are manufactured by its European affiliates, through its existing sales force and distribution operation located in the New Jersey office. Solvay Draka, headquartered in Commerce, Calif., produces a variety of specialty industrial film and tubing products for medical applications and other markets. The company's mono and multi-layered barrier films are used in the development of bio-products for use in the diagnosis and treatment of cancer, production of hundreds of vital proteins and genetically engineered genetically engineered adjective Recombinant, see there products, stem cell therapies stem cell therapy Cell therapy Molecular medicine A technology in which a person's own cells–eg, neuronal stem cells are triggered to revert to their primitive embryonic form, then redifferentiate into mature cells of various organs and containment of tissue culture media. Solvay Draka has been a pioneer in medical film technology for use in blood collection, storage and component separation for more than 40 years. "We have a unique position in decorative laminates with a very broad product offering of PVC PVC: see polyvinyl chloride. PVC in full polyvinyl chloride Synthetic resin, an organic polymer made by treating vinyl chloride monomers with a peroxide. and non-PVC foils, as well as design capabilities that are unmatched by our competition," said Fred Young For the Native American physicist of the same name, see . Fred Matthews Young (died December 1993) was a Canadian politician, ordained minister and long time organizer for the Co-operative Commonwealth Federation (CCF). , president of Solvay Draka Inc. "The purpose of this change is to achieve synergies with our New Jersey operation, thereby improving operational effectiveness," Young added. Solvay Draka Inc. is a member of the Solvay Group, an international chemical and pharmaceutical group headquartered in Brussels, Belgium. The Solvay Group, whose companies employ more than 30,000 people in 50 countries, recorded consolidated sales for 2002 of EUR EUR In currencies, this is the abbreviation for the Euro. 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. 7.9 billion, generated by activities in its four business sectors: chemicals, pharmaceuticals, plastics and processing. Solvay is listed on the Euronext 100 index of leading European companies. Details are available at www.solvay.com. |
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