8 January 2015
READ MORE MEAD WESTVACO ANNUAL REPORT 2013
READ MORE MEAD WESTVACO PRESENTATION SEP 2014
ABOUT MEAD WESTVACO SPECIALTY CHEMICALS
ABOUT ASPHALT INNOVATIONS BUSINESS
READ ASPHALT PRODUCTS BROCHURE
ABOUT CARBON TECHNOLOGIES BUSINESS
ABOUT OILFIELD CHEMICALS BUSINESS
View MMV oilfield products list
View pine chemicals products list
DETAILS
announced today that its board of directors has approved
a plan to fully separate
its Specialty Chemicals business
from the rest of the company.
The separation is expected to be executed
by means of a tax-free spinoff of
the Specialty Chemicals business to
MWV shareholders, resulting in
two independent, publicly traded companies.
The spinoff is expected to be completed
by the end of 2015.
MWV remains open to other value-creating alternatives
for the Specialty Chemicals business
throughout this process.
READ MORE SPINOFF PRESENTATION
The Specialty Chemicals business
will be well positioned
to accelerate profitable growth in
its megatrend aligned markets of energy, infrastructure and
transportation.
The business is a leading provider of
* performance chemicals used in
printing inks, asphalt paving and adhesives, as well as in
the agricultural, paper and petroleum industries.
The business also produces
* activated carbon products used in
gas vapor emission control systems
for automobiles and trucks, as well as
applications for air, water and food purification.
The Specialty Chemicals business
will have greater ability
to grow and expand its leadership positions
in attractive global markets.
The business is expected to
extend its ‘best-in-class’ financial performance record
with the appropriate capital structure to
allow the new company to accelerate
the pursuit of attractive profitable growth opportunities.
As a stand-alone chemicals company
with a strong margin profile,
Specialty Chemicals will continue to be
a leader among its peers.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
