In April 2009, Dow Chemical completed its $78/share takeover of Rohm and Haas. Dow Chemical will integrate its acquired Rohm and Haas business into the newly formed ‘Advanced Materials Division’ and will be headed by Pierre Brondeau.
Rohm and Haas provides speciality chemicals for end use markets such as building and construction, electronic devices, packaging, household and personal care products. The company is organised into three business groups of Specialty Materials, Performance Materials and Electronic Materials, and also has two stand-alone businesses of Powder Coatings and Salt.
Rohm and Haas has implemented a strategy to strengthen its ability to deliver sustained, long-term results, focused on five areas; portfolio, emerging markets, innovation, operational excellence and global talent.
One of its key priorities is to better leverage the strength of its monomer and polymer chain. It is also making investments to build on its “leadership positions” in what it calls a “rapidly growing electronic materials space”.
Rohm and Haas is customising its presence in several key developing markets, including China, India, Turkey, central/eastern Europe and Latin America.
The company says that it already has strong global R&D capabilities and is focusing its investments on key customer groups, societal needs and geographic markets.
With headquarters in Philadelphia, US, Rohm and Haas had sales of $9.6bn in 2008 and around 15,490 employees.
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Rohm and Haas Company 100 Independence Mall West Philadelphia PA 19106-2399 USTel: +1 215 592 3000 Fax: +1 215 592 3377
Rohm and Haas provides speciality chemicals for end use markets such as building and construction, electronic devices, packaging, household and personal care products. In April 2009, Dow Chemical completed its $78/share takeover of Rohm and Haas.
More about Rohm and Haas Structure
Rohm and Haas will implement its “Vision 2010” strategy to strengthen its ability to deliver sustained, long-term results, focused on five areas: portfolio, emerging markets, innovation, operational excellence and global talent. (Edited from annual report and company website). ICIS also provides you with key financial data listed in table form.
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