FAIRLAWN, Ohio (Oct. 12)—Specialty chemical suppliers Omnova Solutions Inc. and Rohm and Haas Co. signed a letter of intent Oct. 9 to form a strategic alliance to serve the paper and paperboard coatings market. The two companies will combine resources to increase each firm´s product offerings, improve research and development capabilities and optimize their supply chains. Products will continue to be manufactured independently. Fairlawn-based Omnova and Philadelphia-based Rohm and Haas anticipate finalizing a binding agreement by the end of the year.
Omnova, Rohm and Haas to form alliance for paper and paperboard industry
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