Hercules to sell water treatment portion of BetzDearborn.Hercules Hercules, in astronomy Hercules (hûr`kyəlēz'), in astronomy, northern constellation located between Lyra and Corona Borealis. It is traditionally depicted as the hero Hercules in a kneeling position. Inc., Wilmington, Delaware Wilmington is the largest city in the state of Delaware and is located at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. , USA, has agreed to sell the water treatment business of its BetzDearborn Division to GE Specialty Materials, a unit of General Electric. The paper process chemicals business, approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. one-third of the BetzDearborn company purchased by Hercules in 1998, will remain with Hercules. In addition, Hercules will have an agreement with GE to distribute and service BetzDearborn's water treatment products to the pulp and paper industry The global pulp and paper industry is dominated by North American (United States, Canada), northern European (Finland, Sweden) and East Asian countries (such as Japan). Australasia and Latin America also have significant pulp and paper industries. . The purchase price is US$ 1.8 billion in cash. |
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