Industry News

Harima Chemicals, Inc. Announces its Purchase of IAR Business from Momentive

Lawter, Inc. is the new company formed by this acquisition

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Harima Chemicals Inc., a leading producer of pine-based products, announced that it has purchased the global Ink & Adhesive Resins (IAR) business of Momentive Specialty Chemicals Inc. With 2009 annual revenues of $279 million, IAR is one of the world’s leading suppliers of resins and additives to the graphics arts, adhesives, aroma chemical, synthetic rubber and specialty coating industries. Harima has purchased the complete business including 11 manufacturing facilities on five continent...

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