The agreed sale of Ciba Specialty Chemicals’ Performance Polymers business to a new company established by Morgan Grenfell Private Equity was completed in late May 2000.
Eastman Chemical manufactures a variety of raw materials for hot melt adhesives that feature different properties for various formulations and applications.
In mid-May, ATOFINA, BASF, Bayer, BP Amoco, Dow Chemical, DuPont, Mitsui Chemicals, Mitsubishi Chemicals, Rhodia, Rohm and Haas, Sumitomo Chemical and Van Waters & Rogers announced an agreement to create a new business-to-business (B2B) e-commerce company that will operate an on-line marketplace for the worldwide chemical industry.