My watch list
my.chemeurope.com  
Login  

12-02-2005: Arch Chemicals, Inc. reported completion of the previously announced divestiture of its 50 percent share in Planar Solutions to FUJIFILM Electronic Materials U.S.A., Inc., a U.S. subsidiary of Fuji Photo Film Co., Ltd., for approximately $17 million, consisting of $10 million in cash and the assumption of approximately $7 million of guarantees of the joint venture's debt.

Planar Solutions, a joint venture with Wacker Chemical Corporation for the production of chemical mechanical planarization (CMP) slurries sold to semiconductor manufacturers, has manufacturing and customer-support facilities in Adrian, Michigan, and Mesa, Arizona.

The Company expects to record a pretax gain of approximately $10 million on this transaction. The Company reported equity in earnings of $0.5 million for the nine months ended September 30, 2005 for its share in Planar Solutions.

Watchlist

This is where you can add this news to your personal favourites

Facts, background information, dossiers
  • Fuji Photo Film
More about Wacker Chemie
Contact
Wacker Chemie AG
Hanns-Seidel-Platz 4
81737 München
DEUTSCHLAND
Phone
0049-89-6279-0
Fax
0049-89-6279-1770
More about Arch
  • News

    Lonza extends tender offer for all outstanding shares of Arch Chemicals common stock

    Lonza Group Ltd announced that LG Acquisition Corp., an indirect wholly owned subsidiary of Lonza, has extended the expiration date for its previously announced tender offer for 100 percent of the outstanding shares of common stock of Arch Chemicals, Inc.. The tender offer is at a price of ... more

    Lonza to acquire Arch Chemicals

    Lonza Group Ltd and Arch Chemicals, Inc. announced that they have signed an agreement pursuant to which Lonza has agreed to commence a tender offer for 100 percent of Arch Chemicals’ outstanding shares of common stock at a price of USD 47.20 per share in cash. Lonza’s offer represents a 36. ... more

    Arch Chemicals Hires Dr. Alex Valcke as Vice President, Innovation

    Dr. Alex Valcke will be joining Arch Chemicals as Vice President, Innovation, effective November 1, 2009 and reporting to Arch Chairman, President and CEO Michael E. Campbell. In this capacity, he will work closely with Arch’s senior management team and its businesses to ensure that Arch is ... more

  • Companies

    Arch Sayerlack Coatings S.r.l.

    Founded in 1954 Sayerlack set itself the goal of producing the best possible wood coatings that advanced technology could formulate. With this aim Sayerlack quickly became one of the leaders in the wood coatings industry increasing its production volumes from 50 tons in 1954 to 44517 tons i ... more

    Arch Química, S.A. de C.V.

    Innovative, Chemistry-based Solutions Driving Profitable, Global Growth Headquartered in Norwalk, Connecticut (USA), Arch Chemicals, Inc. is a global Biocides company with approximately $1.5 billion in annual sales. Together with our subsidiaries, we have 3,000 employees and manufacturing ... more

Most read news
Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE