Rockwood acquires additives, clay business units.Rockwood Holdings, Inc., Princeton, NJ, has reached an agreement to acquire the rheological rhe·ol·o·gy n. The study of the deformation and flow of matter. rhe  o·log additives and carbonless developers businesses
of Sud-Chemie AG, Munich, Germany. With annual sales of approximately
$50 million, these business units include the technology to Tixogel[R]
organoclays, Optiflo[R] associative as·so·ci·a·tive adj. 1. Of, characterized by, resulting from, or causing association. 2. Mathematics Independent of the grouping of elements. thickeners, Optigel activated clays, and the Copsil[R] clay product line, which are used in the coatings, ink, and personal care industries to improve the flow properties of finished products. The agreement also includes the Sud-Chemie AG rheological additives and carbonless developers production facilities in Germany and Kentucky. Both business units will be incorporated into Rockwood's Clay Additives business unit. The transaction is subject to approval by the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community antitrust Antitrust The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade. authorities. |
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