ALTANA Acquires Effect Pigment Business of USBP
ALTANA has signed a contract to acquire the effect pigment business of the American company United States Bronze Powders Inc. (USBP). In 2007, USBP achieved sales of approximately $8 million in this business area. USBP retains its powder business as well as its aluminum pigments business. Within the ALTANA Group, the acquired business will be integrated into the ECKART effect pigments division. The acquisition is subject to approval by the antitrust authorities.
The acquired business mainly comprises the production of copper pigments, bronze pigments, stainless steel pigments, as well as press-ready metallic printing inks. USBP generates about 60% of its sales of these pigments in the NAFTA region, and about 15% in each of Asia and Europe. No manufacturing site and no employees are included under the agreement with USBP; the production for this business will be transferred to ECKART’s US Affiliate ECKART America in Painesville, Ohio, and to its main factory in the Bavarian town of Güntersthal in Germany.
Other news from the department business & finance
Most read news
More news from our other portals
Last viewed contents
Supra-molecular chemistry yields new materials with outstanding properties
Water impurities key to an icicle's ripples
Beer-Lambert_law
AI for perovskite solar cells: Key to better manufacturing - Artificial Intelligence methods guide researchers in developing improved manufacturing processes for highly efficient solar cells – a blueprint for other research areas
Unique material from marine bath sponge skeleton - Novel carbon sponge could serve as a centimetre-thin catalyst for industry in the future
Category:American_Chemical_Society
Bio-based compound offers a greener carbon fiber alternative
Microorganisms produce elemental carbon - Researchers identify a new kind of pure carbon production by microorganisms
"Hand in hand in hand": three catalysts solve chemical problem - Research team develops new strategy to create molecular compounds without multi-step syntheses
N-Realyzer | Elemental analyzers | C. Gerhardt
M&A in chemicals and life sciences slowed down by global lockdowns - Race for COVID-19 vaccine
