Dow to Acquire Wolff Walsrode from Bayer
Wolff Walsrode, with 2005 revenues of more than US Dollar 400 million, would become an integral part of Dow's Water Soluble Polymers business. According to the company, Dow and Wolff Walsrode are complementary, bringing different products, processes, applications and expertise to the combined business.
The new business would combine Wolff's advanced production technology and proficiency in HEMC (Hydroxyethyl Methyl Cellulose) and CMC (Carboxymethyl Cellulose) chemistry with Dow's HPMC (Hydroxypropyl Methyl Cellulose) product brands and industry expertise. Cellulose derivatives produced by the combined businesses are used across a broad range of industry sectors, including construction materials, personal care, pharmaceuticals, food and a number of specialty applications.
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