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Dow Corning, Rohm & Haas form healthcare alliance.


Dow Corning and Rohm & Haas have formed a strategic alliance to create materials and services for healthcare applications. Dow Coming will combine its silicone-based technology with Rohm & Haas' acrylic and adhesives technologies to make products for wound care and delivery of drugs through the skin. Dow Corning is equally owned by Midland, MI-based Dow Chemical and Corning of Corning, NY. The joint venture has annual sales of about $2.7 billion. Rohm & Haas, with 2002 sales of $5.7 billion, is a Philadelphia, PA-based producer of specialty materials.

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Title Annotation:Contracts, Licenses
Publication:Rubber World
Date:Nov 1, 2003
Words:88
Previous Article:Sears Roebuck & Co., Memphis, TN, agreed to sell its National Tire & Battery unit to TBC.(Acquisitions, Expansions)
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