SANTA ANA, CALIF. - John P. Jacobson is assembling a network of compounders to use his Talaurian Technologies Inc. system of imprinting product messages on block copolymer compounds previously unbrandable in a commercially viable way. He also is raising $500,000 in capital to market the system.
The imprints, in single or multiple colors, can be applied during either conventional hot stamping or injection molding, the latter with pre-inked labels placed directly in the cavity.
The applicable block copolymer compounds are styrene ethylene butylene styrene and styrene ethylene polyethylene styrene, such as Shell Oil Co.'s Kraton polymers.
The patented ink formulations bond chemically with the substrate and, with sufficient heat and pressure, become part of the substrate, providing adhesion for the life of the part.
Jacobson works with end-user product distributors in determining the feasibility of specific projects, advises on the necessary hot-stamp machine and builds the tooling.
Witco Corp. closing PU additives plant
GREENWICH, CONN.-Witco Corp. plans to close a polyurethanes additives plant in Brainards, N.J., as part of a global consolidation project.
The Greenwich-based company will close a total of five plants, it announced Jan. 19. The other plants make petroleum finishes and oleo surfactants.
The plants will be phased out throughout 1996 and into 1997, according to a Witco spokeswoman.
The firm will move production at the factories to other Witco facilities, she said. The five plants employ 168. Many of those workers will transfer to other units, but the number has yet to be determined, she said.
A fourth-quarter 1995 charge of nearly $34 million on outstanding shares will cover the cost of closing the units, the firm said. An additional charge of $25 million relates to litigation and environmental remediation expenses.
Witco posted annual sales of $2.2 billion in 1994.
Solvay may acquire Hoechst business
FRANKFURT, GERMANY - Hoechst AG is negotiating to sell its worldwide fluorochemicals business to Solvay NV of Brussels, Belgium, Hoechst announced Feb. 2.
The Frankfurt company said the deal includes chlorofluorocarbons production units in Frank-furt and Tarragona, Spain, and a CFC recycling plant in Frankfurt. However, Hoechst will keep its R22 unit in Frankfurt to supply raw material for its fluoropolymer business.
The Hoechst business had sales of about 113 million deutsche marks (US$75.7 million) last year. Solvay's annual fluorochemical sales are about DM250 million (US$167.5 million). It plans to expand Frankfurt's CFC 134a capacity to about 22 million pounds per year if it completes the deal.
UTI's Brin-Mont buy not completed yet
SANTA ANA, CALIF. - Urethane Technologies Inc. continues to work on the purchase of Brin-Mont Corp., a Greensboro, N.C., chemical supplier.
UTI agreed in principle in November to acquire the firm's assets from Detroit-based Evans Industries Inc. for $2 million in cash and $800,000 in common stock, according to UTI.
However, details of the acquisition still are being worked out, a UTI spokeswoman said.
Brin-Mont produces polyether and polyester polyols for poly-urethane systems. It posted sales of about $8 million in 1994.
UTI manufactures PU systems for the construction and recreation industries, and auto aftermarket. Its 1995 sales were estimated at $26 million to $28 million.
TopWave USA Inc. has relocated its headquarters from South Plainfield, N.J., to larger quarters in Marietta, Ga. Top-Wave provides quality-control systems and devices to the plastic bottle and film industries. Its new address is 1351 Dividend Drive, Suite D, Marietta, Ga. 30067; tel. (770) 937-0044.