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Dow Chemical acquires Union Carbide business.


Dow Chemical, Midland, MI, has purchased Union Carbide Union Carbide Corporation (Union Carbide) is one of the oldest chemical and polymers companies in the United States, and currently has more than 3,800 employees. , Danbury, CT, for $9.3 billion. The merged company, which will operate as Dow Chemical, will have $24 billion in annual revenue. Approximately 2,000 jobs will be cut as a result of the merger, leaving about 49,000 employees. Dow Chemical produces plastics, as well as chemicals used in various industries, including Styrofoam insulation and herbicides. Union Carbide produces basic and specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. , including ethylene oxide ethylene oxide Occupational medicine A gas used to sterilize medical supplies and other materials  and ethylene glycol ethylene glycol: see glycol.
ethylene glycol

Simplest member of the glycol family, also called 1,2-ethanediol (HOCH2CH2OH). It is a colourless, oily liquid with a mild odour and sweet taste.
.

Cooper Tire & Rubber, Findlay, OH, has signed a definitive merger agreement to acquire Standard Products of Dearborn, MI. The combination is said to make Cooper North America's largest manufacturer of automotive sealing systems. On a combined basis, the company expects to generate approximately $3.2 billion in annual revenues in its first full year of operation, of which approximately half will come from tire operations and half from engineered products.

Akrochem, Akron, OH, has completed a 12,000 square foot addition to its manufacturing plant in Norton, OH, where it produces color dispersions for the rubber and plastics industries. The project, valued at over $1 million, included new equipment that increased the plant's production capacity by more than 30%. With the expansion, Akrochem's Norton plant now encompasses 40,000 square feet.

Montell Polyolefins has started up a Spherilene process polyethylene plant, operated by OPP OPP Opposite
OPP Opportunity/Opportunities
OPP Office of Pesticide Programs
OPP Ontario Provincial Police (Ontario, Canada)
OPP Office of Polar Programs (National Science Foundation) 
 Petroquimica in Brazil under license from Montell.

Davis-Standard is doubling the size of its technical center at its headquarters in Pawcatuck, CT. Davis-Standard's Extrusion Process Technology Group and screw design engineers will soon be housed in a laboratory setting that will facilitate continuous advancements of the company's extrusion technology, increasing the company's current 7,600 square feet of lab space to approximately 15,000 square feet. Davis-Standard Killion will relocate from Cedar Grove Cedar Grove can refer to: Locations
  • Cedar Grove, Alabama
  • Cedar Grove, California
  • Cedar Grove, Florida
  • Cedar Grove, Indiana
  • Cedar Grove, Kentucky
  • Cedar Grove, Maryland
  • Cedar Grove, Missouri
  • Cedar Grove, New Jersey
, NJ to the state-of-the-art facility in Pawcatuck.

Uniroyal Chemical, Middlebury, CT, a subsidiary of Crompton & Knowles, plans to open its first Adiprene low-free TDI TDI - Transport Driver Interface  (toluene diisocyanate Toluene diisocyanate (TDI) is an aromatic diisocyanate. It is produced for reaction with polyols to form polyurethanes. It exists in two isomers, 2,4-TDI (CAS: 584-84-9) and 2,6-TDI (CAS: 91-08-7). ) plant in Europe by March 2000. The facility is currently under construction in Latina, Italy, and represents a multi-million dollar investment. The company operates two other LFTDI plants in the U.S., both located in Gastonia, NC.

Commercial Plastics' Trenton and Warminster, NJ branches have merged and moved to a new facility in Trevose, PA.

Testing Machines, Islandia, NY, a manufacturer of testing instrumentation for various industries, purchased Messmer Buchel Ltd. in the U.K. and Buchel van der Korput in The Netherlands. This multi-million dollar acquisition is said to enable TMI TMI Too Much Information
TMI Three Mile Island
TMI TRMM Microwave Imager
TMI Transactions on Medical Imaging
TMI Texas Military Institute
TMI Teen Missions International
TMI Tauber Manufacturing Institute
 to further its global presence in the specialized testing instrument market.

Freudenberg-NOK's board of directors approved the formation of Vibracoustic 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. , an independent, wholly-owned subsidiary of Freudenberg-NOK, to align its automotive vibration control business with recently announced plans for Vibracoustic worldwide. Vibracoustic North America will be based in Plymouth, MI, at its 20,000 square foot headquarters. In addition to office space, the $7 million facility, which will open later this year, includes laboratories and test equipment. Freudenberg-NOK also completed the purchase of Farnam-Meillor, a manufacturer of gaskets and gasket assemblies, rounding out the company's in-house capability of providing total transmission sealing to automakers. Terms were not disclosed. Farnam-Meillor and its 177,000 square foot gasket production facility in Necedah, WI, will become part of Freudenberg-NOK's Automotive Sector and will be renamed Farnam Sealing Products. Farnam-Meillor's sales office and technology center in Troy, MI will be integrated into Freudenberg-NOK's Concept Center in Plymouth, MI.

SKM SKM Sinclair Knight Merz Pty Ltd.
SKM Szybka Kolej Miejska (Warsaw, Poland railway)
SKM Singapore Kindness Movement
SKM Sigaret Kretek Mesin (Indonesian: Machine-Rolled Cigarettes) 
 Applied Technology Partners, Radnor, PA, announced the acquisition of three plastic injection molders, including Tri-Molded Plastics, Apollo Packaging and Cascade Die Mold. ATP ATP: see adenosine triphosphate.
ATP
 in full adenosine triphosphate

Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms.
, a venture formed in 1997, has now completed six acquisitions, investing a total of approximately $120 million. These most recent acquisitions bring ATP's combined annual sales to approximately $115 million.

CAD Cut, Marblehead, MA, a provider of industrial fabric laser and knife cutting services, has expanded its manufacturing plant. CAD Cut has added 6,000 square feet to its Vermont facility.

Solutia, St. Louis, MO, has opened a regional customer service center in Singapore to better serve its customers throughout the Asia-Pacific region.

Deublin, Waukegan, IL, completed its plant expansion, which increases manufacturing floor space from 80,000 square feet to 130,000 square feet. Deublin's state-of-the-art plant features over 25 new CNC (Computerized Numerical Control) See numerical control.

CNC - Collaborative Networked Communication
 machines.

EG&G, Wellesley, MA, completed its acquisition of Perkin-Elmer's Analytical Instruments Division, headquartered in Norwalk, CT, a producer of analytical testing instruments and consumables.

Omya U.K. Limited, Surrey, U.K., purchased Lafarge Redland Industrial Minerals, a division of Lafarge Redland Aggregates, for an undisclosed sum. Omya U.K. supplies industrial minerals and specialty chemicals to industries such as rubber, plastics, paints and building products.

Azco Mining, Ferndale, WA, has made considerable progress in the development of its muscovite muscovite: see mica.
muscovite
 or common mica or potash mica or isinglass

Abundant silicate mineral that contains potassium and aluminum and has a layered atomic structure. It is the most common member of the mica group.
 mica project and related commercial processing plant, located near Phoenix, AZ. It is estimated that the facility will have an annual capacity of 22 million pounds and could supply 10% of the U.S. market for in excess of 20 years.
COPYRIGHT 1999 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Dow Chemical acquires Union Carbide business.
Publication:Rubber World
Article Type:Statistical Data Included
Geographic Code:1USA
Date:Aug 1, 1999
Words:826
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