S-W buys accurate dispersions from Eastman.
"With the consolidation occurring in the chemical industry in general and the colorant business in particular, this acquisition ensures a continuing supply of high-quality colorants to Accurate's customer base, the coatings industry and our company," said Christopher Connor, chairman and CEO of Sherwin-Williams Co. "Accurate Dispersions will operate as an independent business unit with the Sherwin-Williams consumer division under the direction of the current Accurate Dispersion management team who have joined Sherwin-Williams."
Eastman acquired Accurate Dispersions in 2000 as part of its acquisition of McWhorter Technologies. Approximately 140 Eastman employees associated with the Accurate Dispersions operations will become employees of Sherwin-Williams.
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|Title Annotation:||Industry News; Sherwin-Williams Company; Eastman Chemical Co.|
|Date:||Jan 1, 2004|
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