Rohm & Haas to buy unit of Finnish emulsions maker

martedì 15 gennaio 2008 14:35

Jan 15 (Reuters) - Specialty chemicals maker Rohm and Haas Co ROH.N agreed to buy the polymer dispersions division of OY Forcit AB, a Finnish paint emulsions operation, for about 60 million euros (about $85 million), to expand into the Finnish market.

The acquisition of the Hanko, Finland-based division, which makes water-based emulsions used in the manufacture of paints and coatings, would add two plants to Rohm and Haas's operations. (Reporting by Aditi Samajpati in Bangalore; Editing by Amitha Rajan)