PHILADELPHIA (Oct. 13) — Rohm and Haas Co. announced a set of strategic initiatives designed to accelerate growth and profitability. Initiatives include a realigning of the company into three business groups — Electronic Materials, Specialty Materials and Performance Materials.
Included in the Specialty Materials are Packaging and Building Materials, which includes the existing plastics additives, adhesives and sealants businesses, as well as the graphic arts, paper, leather, textile and non-woven segments of today's Architectural and Functional Coatings business. The segment earned $1.8 billion in 2005 sales.