Empresas y finanzas

Rohm and Haas Completes Acquisition of Polymer Dispersions Division of OY Forcit AB



    Rohm and Haas Company (NYSE:ROH) said today it has completed the
    acquisition of FINNDISP, the polymer dispersions division of OY Forcit
    AB for EUR 60 million (approximately US$85 million).

    FINNDISP, based in Hanko, Finland, makes water-based emulsions
    used in the manufacture of paints and coatings, lacquers and
    adhesives. Their portfolio includes low-temperature, high performance
    products specifically designed for use in Northern Europe and the
    Commonwealth of Independent States. The acquisition also includes two
    plants - one in Hanko, and another under construction in Ramenskoye,
    Russia, near Moscow. These will become a part of a network of more
    than 30 plants worldwide that provide consistently high quality
    products tailored to meet local and regional needs.

    Rohm and Haas says it intends to expand the capabilities of the
    Ramenskoye plant so that it can make a broader range of products,
    including acrylic emulsions and polyacrylic acid dispersions used in
    detergent and industrial applications. The expanded facility plant
    should be fully operational during the second half of 2009.

    Luis Fernandez, Vice President and Group Business Director for
    Rohm and Haas´s EUR 1.4 billion (US$2 billion) Paint and Coatings
    Materials business, commented, "We are very excited about our future
    together, and fully committed to serving both current and future
    customer needs in this important part of the world." He said he is
    most excited about the talented workforce that is joining Rohm and
    Haas. "FINNDISP employees have developed significant expertise in
    developing the right technology for their customers in a fast-growing
    region. Over time, we will share that knowledge across our global
    network while preserving the culture that brought them to where they
    are today."

    Gray Wirth, President of the company´s Europe, Middle East and
    Africa Region, confirmed Fernandez´ observations about growth. "The
    FINNDISP acquisition extends our reach in Nordic Countries and the
    Commonwealth of Independent States. It also contributes to our
    expanding manufacturing footprint in Eastern Europe, and our desire to
    build a strong and diverse talent pool across the region. This
    acquisition is further evidence of our commitment to this part of the
    world."

    To learn more about FINNDISP and its operations, please visit:
    www.rohmhaas.com/finndisp.

    About Rohm and Haas Company

    Leading the way since 1909, Rohm and Haas is a global pioneer in
    the creation and development of innovative technologies and solutions
    for the specialty materials industry. The company´s technologies are
    found in a wide range of industries including: Building and
    Construction, Electronics and Electronic Devices, Household Goods and
    Personal Care, Packaging and Paper, Transportation, Pharmaceutical and
    Medical, Water, Food and Food Related, and Industrial Process.
    Innovative Rohm and Haas technologies and solutions help to improve
    life every day, around the world. Based in Philadelphia, PA, the
    company generated annual sales of approximately $8.9 billion in 2007.
    Visit www.rohmhaas.com for more information. imagine the
    possibilities(TM)

    The company´s Paint and Coatings materials business is the world´s
    leading supplier of materials used by the global coatings industry; no
    competitor can offer this range of technology, along with the
    capability to provide customized products in all four regions. It
    includes acrylic emulsion binders and additives for decorative
    architectural paints used by do-it-yourself consumers and professional
    contractors. Industrial materials serve as the foundation for
    industrial coatings, caulks and sealants, home insulation and floor
    care products.