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BASF Announces Alliance With Heidelberg
MOUNT OLIVE, N.J. -- Nov. 8, 2001--BASF announced today that its North American Printing Systems Group has formed an alliance with Heidelberg Canada Graphic Equipment Limited to distribute BASF's line of K+E Printing Inks in Canada.
``This new and exciting relationship between BASF and Heidelberg enhances tremendously the support that each company can provide to our customers,'' said Pat Janssen, General Manager, Performance Chemicals for the Printing Industry. ``Both companies have demonstrated their strong commitment to the graphic arts industry and the announcement today is further proof of that commitment. BASF's technology in printing inks combined with Heidelberg's expertise in printing is a winning combination, for both companies and our customers.'' Formation of this alliance will allow both BASF and Heidelberg to improve their distribution of printing inks and related products to major businesses in Canada. The alliance will also allow each company to focus on their respective strengths, offer a higher level of service to customers and achieve growth in the graphic arts industry. The benefits of this alliance include: The synergy between existing product lines Greater customer service and development of growth opportunities BASF's comprehensive range of high performance printing inks and related products Excellent technical expertise for the customer's benefit Since 1990 BASF's investment of over 400 million DM in research, technology, rationalization and international joint ventures, in addition to its recent expansion of Printing Systems in North America, demonstrate BASF's commitment to achieving leadership in growth markets. BASF, a world leader in the supply of commercial printing and packaging inks, exerts strong technical and manufacturing expertise as evidenced by its K+E line of high performance printing inks recognized the world over. A diverse range of K + E Printing Inks for sheet-fed and web offset printing, publication gravure and packaging, includes a new line of UV-curable and hybrid inks. BASF inks are available in cans, drums and novel plastic cartridges that afford less waste and offer a cleaner working environment. K+E Printing Inks are specially formulated to run on high speed and perfecting presses, while providing outstanding rub resistance and high gloss. BASF K+E inks are used in publication, commercial printing and specialty printing applications. BASF is the world's largest producer of chemicals and related products. Based in Mount Olive, New Jersey, BASF Corporation is the North American affiliate of BASF AG (Ludwigshafen, Germany) which is listed on the New York Stock Exchange under the trading symbol ``BF.'' BASF Corporation had sales of $7.9 billion in 2000. BASF in North America employs more than 15,000 people at more than 50 locations. BASF Corporation can be found on the Internet at www.basf.com/usa.
Celanese Chemicals to Shut Down Its Vinyl Acetate Unit in Edmonton. Cangrejera VAM Unit to Remain Operational DALLAS, Nov. 2 -- As part of the company's ongoing performance and process improvement efforts, Celanese Chemicals, the chemicals business of Celanese AG, has announced it will shut down its 85,000 ton capacity VAM unit in Edmonton, Canada by the first quarter of 2002. Chase Corporation Acquires TapecoatBRIDGEWATER, Mass.--Nov. 2, 2001--Chase Corporation today announced that it has concluded the purchase of certain assets of Tapecoat, a Division of TC Manufacturing Co., Inc. of Evanston, Illinois. Tapecoat is a provider of protective coatings for the transportation, marine and geo-synthetics industries and for underground oil, gas and water pipelines. Tapecoat is expected to report sales of about $9 million for 2001. The company recently celebrated its 60th anniversary. Hercules Executive Officers File CertificationWILMINGTON, Del.-- Aug. 19, 2002--Hercules Incorporated today filed its Quarterly Report on Form 10-Q for the second quarter 2002. Rohm and Haas Temporarily Reduces Supply Of Methyl Methacrylate Monomer (MMA)PHILADELPHIA, Aug. 19 -- Rohm and Haas Company today said that an unexpected power outage damaged production equipment at its Deer Park, Texas, methyl methacrylate (MMA) facility and caused the company to temporarily reduce its supply of that raw material. The company said it expects to restore production within the week and return to full supply levels within 8 weeks. Ecolab's Baker Promoted to President and Chief Operating OfficerST. PAUL, Minn.- -Aug. 20, 2002--Ecolab Inc. announced that, effective immediately, Douglas M. Baker, Jr. has been promoted to President and Chief Operating Officer. In this position, all business units will report to him. Baker previously served as President - Institutional Sector, and was responsible for the Institutional, Kay and Textile Care businesses. He has held previous leadership positions with Ecolab's Institutional, Kay and European operations. webMethods launches two solution suites for EDI-based operationsFAIRFAX, Virginia (August 20, 2002) - webMethods, a provider of integration software, has launched two new solution suites designed to enable global organizations to upgrade and expand current EDI-based operations by leveraging the webMethods integration platform to gain end-to-end, enterprise integration for automated business processes. Slovnaft: A Middle European refinery’s experience with e-procurementSlovnaft is a refinery and petrochemical company based in Bratislava in the Slovak Republic. Since being privatized in 1992, the formerly state-run company has worked aggressively to modernize and adopt Western business practices, including creating a series of subsidiaries and launching a Strategic Partnership with MOL, one of Hungary’s biggest corporations, in 2000. Transaction hubs turn two, but future cloudyIt’s hard to believe, but Elemica announced the other day that it is celebrating its second anniversary. It’s a milestone worth noting, for it says a great deal about the current state of e-business in the chemical industry. Urecoats Industries Announces Second Quarter Results; Company Continues its Sequential Quarter-by-Quarter GrowthDEERFIELD BEACH, Fla. --Aug. 20, 2002--Urecoats Industries Inc., a technology-driven sales, marketing and product development company, today reported results for the second quarter ended June 30, 2002. ChemFirst Inc. Announces Quarterly Cash DividendJACKSON, Miss. --Aug. 20, 2002--ChemFirst Inc. announces a quarterly cash dividend on common stock of 10 cents per share, payable September 20, 2002, to shareholders of record at the close of business September 5, 2002. Ciba Specialty Chemicals Further Strengthens Its Position With Solid PerformanceBASEL, Switzerland--Aug. 21, 2002--Ciba Specialty Chemicals: Second quarter of 2002 outpaces the second quarter of 2001; Proactive measures pay off; Net income up in Swiss francs, despite strong adverse currency effect; Net debt down 46 percent, very strong free cash flow; Outlook 2002: Higher sales and EBITDA in local currencies and higher net income in CHF expected. Solvay Advanced Polymers launches new Web siteALPHARETTA, Georgia (August 21, 2002) – Solvay Advanced Polymers, has launched a new Web site designed to help manufacturers and their end users better understand the benefits of using polymers for membranes. Argonaut forms consortium to develop automated process development instrumentFOSTER CITY, California (November 5, 2001) - Argonaut Technologies has formed a new consortium comprised of two major pharmaceutical and specialty chemical companies with the aim of developing a state-of-the-art, multi-channel synthesizer for chemical process optimization. Joining in the collaboration are Pfizer and ICI. CDEX Inc. Introduces New Member to the Board of DirectorsROCKVILLE, Md.-- Nov. 5, 2001--Today CDEX Inc., a Nevada Corporation announced the addition of Dr. B.D Liaw to its Board of Directors. Foster Wheeler Awarded Contract for Escravos Gas-to-Liquids ProjectHAMILTON, Bermuda--Nov. 5, 2001--Foster Wheeler Ltd. announced that its subsidiaries in the United Kingdom and Nigeria have been awarded a $20 million, front-end engineering and design (FEED) contract, by Chevron Nigeria Ltd (CNL) for a gas-to-liquids (GTL) project. Air Products Polymers introduces emulsions Web siteLEHIGH VALLEY, Pennsylvania (November 5, 2001) - Air Products Polymers airproducts, has introduced an emulsions Web site for its customers worldwide. Rohm and Haas partners with CitiBank to launch electronic commerce platform in Latin AmericaSAO PAULO, Brazil (November 6, 2001) - Rohm and Haas, a specialty materials company, has launched an e-commerce solution for its business in Latin America LatinRohmHaas. The solution has been developed and hosted by Citibank e-Business, a unit of Citigroup, a global financial services company. Aspen Technology Names Gérard Simon Senior Vice President EMEA SalesLondon, U.K. - November 06, 2001-Aspen Technology, Inc. (Nasdaq: AZPN) today announced it is strengthening its senior management ranks with the appointment of Gérard Simon as Senior Vice President of Sales for Europe, Middle-East and Africa (EMEA). Before joining AspenTech, Simon served as Executive Vice President and COO of Evolutionary Technologies International, a leading data-integration software company. In his new position at AspenTech, Simon will assume direct responsibility for the sales and business support organisation in the EMEA region. Planet Polymer Announces Third Quarter ResultsSAN DIEGO--Nov. 6, 2001--Planet Polymer Technologies Inc. today reported its financial results for the third quarter, reflecting continuing progress to secure commercial success for the company's Metal Injection Molding ("MIM") feedstock technology. ClearCross announces availability of ClearCross Fast TrackRESTON, Virginia (November 5, 2001) - ClearCross clearcross has revealed plans to offer pre-packaged cross-border trade solutions for accelerated implementation to enable companies to address the problems associated with heightened security.
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