Industry News, Mergers and Acquisitions, Suppliers News

Versum Materials is Selected Name for Materials Technologies Business Spin-off of Air Products

Tax-free spin-off of business to U.S. shareholders anticipated on or before September 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Versum Materials has been selected as the new company name for the Materials Technologies business of Air Products. The company announced plans in September for a tax-free spin-off of this business to U.S. shareholders on or before September 2016. Derived from the Latin word for “toward,” the name “Versum” communicates the new company’s ability to continuously move toward materials, which is core to its own business, and provide cutting-edge solutions and innovation. The name also communicate...

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