The Board of Directors of Eastman Chemical Company (NYSE: EMN) has increased the quarterly cash dividend by 15 percent to $0.30 per share on the company’s common stock.
Momentive Specialty Chemicals Inc. today announced plans to build a new plant in Chonburi, Thailand, which will increase its capacity to produce acrylic-based resins and service customers in Southeast Asia.
New light booth and X-Rite Visual Color Assessment Institute aids manufacturers that want to raise the bar on visual evaluation of products distributed through global supply chains
Strengthening of BASF’s film business globally
The Munich-based WACKER Group has developed two new condensation-curing silicone rubber grades for textile coating: ELASTOSIL E 91 and ELASTOSIL E 92 N.
Uni Core Holdings Corporation (OTC Bulletin Board: “UCHC”), a Hong Kong-based holding company, is pleased to report Mr. Kim, Chairman of Korea JEWON, together with Mrs. Kim, from Korea, joined by Mr. Thomas Lee, Chief Operating Officer & Chief Financial Officer of UCHC from Hong Kong, visited Prosperous Agriculture Company Limited (“Prosperous Agriculture”) in Xian and later, its strategic partner, Luxi Chemical, in Liaocheng of Shandong, on Dec 14, 2012. Mr. Thomas Lee, Chief Operating Officer & Chief Financial Officer of UCHC is elated to announce that it has reached a series of cooperation plans.
PPG Industries (NYSE:PPG) today announced that it has commenced its exchange offer related to the split-off transaction of its commodity chemicals business. The split-off transaction is in connection with the separation and merger of Eagle Spinco Inc., a wholly-owned subsidiary of PPG that will own substantially all of the assets and liabilities of PPG’s commodity chemicals business, with a subsidiary of Georgia Gulf Corporation (NYSE:GGC). As previously announced, PPG entered into definitive agreements as of July 18, 2012, to separate and merge its commodity chemicals business with Georgia Gulf.
