LAGUNA NIGUEL, CALIF. - Furon Co. has completed its $19 million acquisition of the Fluroglas Division of AlliedSignal Inc. Fluorglas produces a line of specialty polymer-based products. Its principal product lines includes pressure-sensitive adhesive tape, Teflon-coated fabrics, Teflon sheet, films and laminates.
Based in Hoosick Falls, N.Y., Fluorglas had sales of more than $30 million in 1995.
Furon, headquartered in Laguna Niguel, makes engineered polymer components for the industrial equipment, transportation, electronics and health-care markets.
ICI Acrylics plans new research center
MEMPHIS, TENN. - ICI Acrylics Inc. is building a new corporate operations and research center.
Construction of the 50,000-square-foot facility on a 5-acre site is expected to be completed this fall, said Paul J. Drechsler, chief executive.
The company has three manufacturing sites in the Memphis area: a methyl methacrylate and continuous acrylics sheet facility in North Memphis; an acrylic polymer plant at President's Island; and an extruded sheet plant in Olive Branch, Miss.
Hoechst AG is expanding production for 2-ethylhexanol, a plasticizer raw material, at its Oberhausen, Germany, plant. It will add 176 million pounds per year of capacity for the alcohol by the first quarter of 1997. The Frankfurt, Germany, firm said it also is expanding capacity for butanol and butyraldehyde at Oberhausen and Bay City, Texas.
Plastics distributor Bamberger Polymers Inc. of Lake Success, N.Y., announced recently that it has secured refinancing with a $25 million revolving line of credit. The refinancing will allow the company to expand its markets, said Fred Garcia, president and chief executive.
Aristech Chemical Corp. of Pittsburgh has authorized Ashland Chemical Co.'s General Polymers Division to distribute its homopolymer, impact copolymer and random copolymer polypropylene grades within North America. The Ashland unit is based in Columbus, Ohio.
Union Carbide Corp. of Danbury, Conn., has named M.A. Hanna Resin Distribution Co. and Prime Polymers Division of Osterman and Co. as national distributors of Unipol Process high density and linear low density polyethylene resins.
Ultra Gelcoats color selection guide is available from Ferro Corp.'s Liquid Coatings and Dispersions Division in Plymouth, Ind.*...*Plastics supplier Midland Plastics Inc. has opened warehouse and sales offices in Wausau, Wis., and Rockford, Ill.*...*Screen Tech Designs, a company that provides finishing processes, recently opened a manufacturing facility in Columbus, Ind.