Ciba Specialty Chemicals Expands Its Product Range Through Acquisition of DSM Melapur Flame Retardants.Business Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com BASEL, Switzerland--(BUSINESS WIRE)--May 2, 2002 Ciba Specialty Chemicals “Ciba” redirects here. For the pre-1971 company, see Novartis. Ciba Specialty Chemicals is a chemical company based in and near Basel, Switzerland. It was formed as the non-pharmaceuticals elements of Novartis were spun out in 1997, following the merger in the (NYSE NYSE See: New York Stock Exchange :CSB CSB Kashubian (SIL code, Poland) CSB Chemical Safety and Hazard Investigation Board CSB Chemical Safety Board (Washington, DC) CSB Community Services Board CSB Computational Systems Bioinformatics ): - Acquisition of DSM's melapur(R) flame retardants expands Ciba Specialty Chemicals' position in flame retardants - Melamine-based flame retardants provide halogen-free fire protection - Ability to combine flame retardancy with other effect additives in customized solutions Ciba Specialty Chemicals has acquired the flame-retardant technology of DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. . The acquisition of DSM Melapur, a leading range of halogen-free, melamine-based flame retardants, expands Ciba Specialty Chemicals' plastic additives offer. Armin Meyer, Chairman and Chief Executive Officer of Ciba Specialty Chemicals, comments: "The acquisition of the flame retardant technology of DSM will further expand our range of effect additives for the plastics markets. melapur(R) flame retardants complement Ciba's existing portfolio and will strengthen us as provider of novel, halogen-free flame retardants. Ciba will also offer integrated packages that include combinations of effects. As a leading supplier to the plastics industry, Ciba Specialty Chemicals will open up more and greater opportunities to develop and expand the promising technology and business of melamine-based flame retardants." With the acquisition by Ciba, the melapur(R) range of flame retardants will also become available in customer-specific blends, complementing the current powder and granulate gran·u·late v. gran·u·lat·ed, gran·u·lat·ing, gran·u·lates v.tr. 1. To form into grains or granules. 2. To make rough and grainy. v.intr. forms. The range will continue to be marketed under the melapur(R) tradename. Furthermore, Ciba Specialty Chemicals and DSM Research will cooperate to find innovative flame retardant solutions based on melamine melamine (mĕl`əmēn'), common name for 2,4,6-triamino-1,3,5-triazine. Melamine is a trimer (see polymer) of cyanamide, H2NC≡N, and is synthesized from calcium carbide. chemistry. The melapur(R) range, which comprises melapur(R) 200, melapur(R) MC, melapur(R) P46, melapur(R) MP and a number of development products, is mainly intended for use in engineering plastics, typically for automotive, electronic and electrical applications. Ciba's existing flame-retardant offer, which focuses on polyolefins and styrenics, includes Ciba(R) FLAMESTAB(R) technology and Ciba(R) TINUVIN(R) FR systems. FLAMESTAB NOR 116 is a new non-halogenated, melt-processable flame retardant for polyolefins, especially fibers. TINUVIN FR is a system developed specifically to impart light stability and flame retardancy to polypropylene moldings for exterior applications, such as stadium seats and other public outdoor furniture. The latest commercial application can be found in the new St Jakob football stadium in Basel. Ciba Specialty Chemicals (SWX SWX Swiss Exchange (trademark of SWX Swiss Exchange) SWX SolidWorks (3D solid modeling CAD software) SWX Splitter / Wave Division Multiplexer :CIBN, NYSE: CSB) is a leading company dedicated to producing high-value effects for its customers' products. Our specialty chemicals, added in small quantities, enhance the performance, look and feel of the final product. Business success is driven by our long-term strategy of innovation and continuous operational improvements. Ciba brings new and creative thought to the processes and products of our customers in more than 120 countries. Ciba's continuing operations generated sales of CHF CHF In currencies, this is the abbreviation for the Swiss Franc. 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. 7.4 billion in 2001 and CHF 276 million was spent on R&D to foster innovation across the Company. Virtual news kit: www.cibasc.com/media - News release - Link to Ciba Specialty Chemicals Plastic Additives website: www.cibasc.com/view.asp?id=890 - Photo (JPG See JPEG. jpg - JPEG ): St Jakob football stadium (Basel, Switzerland) seats with color, light stability and flame retardancy provided by Ciba Specialty Chemicals Note: A Photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.050202/bb13 |
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