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AIR PRODUCTS TAKES OVER ASHLAND FIRM FOR $US300MLN.
(Full text of a statement. Contact details below.)
LEHIGH VALLEY, Pa., Sept 1 PRNewswire-FirstCall-AsiaNet - Air Products (NYSE: APD) - a globally diversified gases and chemicals company, and a leading materials and services solution provider to the semiconductor industry - announced today that it has acquired the Electronic Chemicals business of Ashland Specialty Chemical Company, a division of Ashland Inc. (NYSE: ASH), in a cash transaction valued at approximately million.
The acquisition has received the necessary regulatory approvals.
Ashland's Electronic Chemicals business now will be integrated with Air Products' $1 billion worldwide Electronics Division, one of the company's four major growth platforms along with Refinery Hydrogen and Energy Solutions, Performance Materials and Healthcare.
The USD $200 million Electronic Chemicals business of Ashland has a global network of sales and marketing offices in North America, Europe and Asia, and offers a suite of products, including:
- ACT(R) photoresist strippers, etch residue strippers, and low-k
dielectric and copper strippers;
- Air Products Electronic Chemicals/AlliedSignal to Join Forces to Supply...
- Press release article from: PR Newswire July 14, 1998 700+ words
...PRNewswire/ -- Air Products Electronic Chemicals (APEC) (Carlsbad...a newly created Air Products and Chemicals, Inc...He explained that Air Products' portfolio of electronic chemicals -- including ultra...
- Air Products Appoints New President of Electronic Chemicals.
- Press release article from: PR Newswire April 7, 2000 700+ words
...PRNewswire/ -- Air Products and Chemicals...Mattimore president of Air Products Electronic Chemicals (APEC), a business...company's global electronic chemicals business. This...continued growth of Air Products' Schumacher business...
- Air Products Electronic Chemicals Introduces New GCG-CHEMPURE(TM) System to...
- Press release article from: PR Newswire July 14, 1998 700+ words
...FRANCISCO, July 14 /PRNewswire/ -- Air Products Electronic Chemicals (APEC)-- a newly created Air Products and Chemicals, Inc. (NYSE: APD...CHEMPURE System, Julia M. Hara, Air Products' chemical systems manager, said...
- Air Products' Schumacher Unit Unveils New Chemical Refill System With Solvent...
- Press release article from: PR Newswire July 16, 2001 700+ words
...Schumacher became part of Air Products' Electronics Division in the late 1980s and a member of the Air Products Electronic Chemicals family in mid- 1998. The...Europe and the Pacific Rim. Air Products and Chemicals, Inc. (www...
- Air Products to Acquire Ashland's Electronic Chemicals Business.
- Press release article from: PR Newswire June 30, 2003 700+ words
...Ashland's Electronic Chemicals business makes...many levels for Air Products," said Gerald...general manager of Air Products' Electronics...more intimate electronic chemicals process knowledge...Ashland's Electronic Chemicals business would...business to ...
- Air Products acquires Ashland's electronic chemicals business. (United...
- Magazine article from: Chemical Week Hunter, David July 2, 2003 700+ words
Air Products (AP) says it has acquired Ashland...Chemical's $200-million/year electronic chemicals business for $300 million in...the late 1990s, and Ashland's electronic chemicals sales have been flat sales since...
- Air products' acquisition of Ashland's electronic chemicals business highlights...
- Magazine article from: Chemical Market Reporter Lerner, Ivan July 14, 2003 700+ words
...competitive nature of the electronic chemicals market, Ashland Inc...Chemical Company's electronic chemicals unit to Air Products and Chemicals Inc...Ashland Inc. APC says the electronic chemicals unit will add to its...
- Air Products Completes Acquisition of Ashland's Electronic Chemicals Business.
- Press release article from: PR Newswire August 29, 2003 700+ words
...Ashland's Electronic Chemicals business...integrated with Air Products' $1 billion...portfolio of electronic chemicals complements Air Products' existing...Ashland's Electronic Chemicals business...manager of Air Products' Electronics...
Source: HighBeam Research, AIR PRODUCTS TAKES OVER ASHLAND FIRM FOR $US300MLN.