Alcoa Inc. recently announced that Alcoa World Alumina & Chemicals (AWAC), a global alliance between Alumina Limited (40%) and Alcoa (60%), has completed the sale of Alcoa Specialty Chemicals to two private equity firms led by Rhone Capital LLC for approximately $342 million, which includes the assumption of debt and other unfunded obligations.
The Fluid Sealing Association (FSA) and its member companies recently presented Dyneon with its Environmental Achievement Award in the Non-metallic Gasketing Division, recognizing the significant contributions the company has made to a safer and cleaner environment.
Air Products and Chemicals, Inc. and Tomah3 Products, Inc. have announced the formation of a commercial and product development relationship intended to leverage each company's expertise, products and technology to better serve customers in the industrial and institutional cleaning industry, as well as the coatings, inks, and adhesives industries.
Avery Dennison Corp. recently provided an overview of its operations and strategies for long-term growth at an annual New York meeting of security analysts and investors hosted by the company.
An estimated 75 new jobs will be created at MACtac's Columbus, IN, manufacturing facility as the result of a 130,000 sq. ft. expansion, targeted to be completed by the fourth quarter of this year.