CHILE: HOLDERBANK GIVES UP BUILDING CHEMICAL ARM

Article Abstract:

Holderbank Financiere Glarus AG of Glarus, Switzerland, takes a step closer to concluding the divestment of building chemicals interests by selling Sociedad Petreos SA in Chile to Grace Construction Products. Sociedad Petreos SA is a subsidiary of Holderbank's Chilean subsidiary Cemento Polpaico SA, while Grace Construction Products belongs to W.R. Grace & Co.

Asset sales & divestitures, Chile, Grace Construction Products, Holderbank Financiere Glaris Ltd., Sociedad Petreos SA, WR Grace and Co.

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JAPAN: NEW TECHNOLOGY BY KANSAI PAINT

Article Abstract:

In early 2001, Kansai Paint Co. Ltd is to launch cold-hardened, oil-based alkyd resin coatings with recycled polyethylene terephthalate (PET). The PET coatings are said to be less expensive than conventional ones. The company is to use 1,000 tonnes of recycled PET per year.

Japan, Manufacturing processes, Paints & Allied Products, Paint and Coating Manufacturing, Paints and allied products, Coatings, Paints, Kansai Paint Company Ltd.

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CZECH REPUBLIC: SALES SUBSIDIARY FOR ARDEX

Article Abstract:

Ardex Baustoff s.r.o, a newly established subsidiary of German Witten-based construction chemicals maker Ardex in Brno, should make the Ardex brand better known in the Czech Republic. The young company employs 6 staff.

Czech Republic

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