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Business

Hexion takeson waxes

January 30, 2006 | A version of this story appeared in Volume 84, Issue 5

Hexion Specialty Chemicals has signed a definitive agreement to purchase Rohm and Haas's wax compounds business in Semoy, France. Hexion, owned by the private investment firm Apollo Management, will transfer production of solvent-based wax compounds and water-based wax emulsions, used in printing inks and coatings, to its own sites.

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