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International Specialty Products Completes Acquisition of the Biocide Business of Milker & Grüning

Published on 2006-04-17. Author : SpecialChem

WAYNE, NJ -- International Specialty Products Inc. (ISP) announced that, through one of its subsidiaries, it has completed the previously announced acquisition of the assets of the biocide business of Milker & Grüning GmbH (M&G). M&G, located outside of Frankfurt, Germany, is the leading European-based manufacturer of iodopropynyl butylcarbamate (IPBC), a highly effective and versatile preservative for paint, coating, cosmetic and industrial applications, as well as other specialty preservative formulations.

International Specialty Products Inc. (ISP) is a leading multinational manufacturer of specialty chemicals, industrial chemicals, synthetic elastomers and mineral products. ISP sells over 400 specialty and industrial chemicals and synthetic elastomer and minerals products to approximately 6,000 customers from a variety of industries in over 90 countries. ISP's headquarters is located in Wayne, New Jersey, USA.

This press release may contain "forward-looking statements" within the meaning of the federal securities laws and, as such, concerns matters that are not historical facts. These statements are subject to risks and uncertainties that could cause the actual results to differ materially from those expressed in such statements. Important factors that could cause such differences are discussed in the Company's filings with the U.S. Securities and Exchange Commission and are incorporated herein by reference.

Source: International Specialty Products Inc. (ISP)

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