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Altana acquires can end sealants business of Watson Standard Adhesives Company

Enhances position in the U.S.

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

The specialty chemicals Group Altana has acquired the can end sealants business for the metal can packaging market of U.S.-based Watson Standard Adhesives Company (WSAC). By way of an asset deal, Altana primarily acquired customer relationships, products, know-how and inventories. WSAC’s can end sealants business will be integrated into the ACTEGA Coatings & Sealants division. The former WSAC can end sealant products will be produced at ACTEGA’s existing site near Philadelphia and incorporated into ACTEGA Artística business.

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