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Air Products forms new Performance Materials Division

Published on 2002-12-12. Author : SpecialChem

 

Air Products announced the formation of a new Performance Materials Division combining its technology and market leadership strengths in specialty surfactants, vinyl acetate-ethylene copolymer emulsions, specialty amines and curatives. This division will focus on furthering Air Products' efforts to meet customers' increasingly stringent needs for environmentally-friendly products and solutions. By leveraging the company's vast skills in surface and material sciences, the Performance Materials Division will move into new higher growth markets while increasing its penetration into the adhesives, coatings, automotive and construction markets. Additionally, the division will provide technical, applications and product development support for other Air Products performance materials initiatives, such as those in its Electronics Division.

The Performance Materials Division initially will consist of the following three businesses:

  • Performance Products, uniting Air Products' Polyurethane Additives, Epoxy Additives, and Specialty Amines businesses.
  • Performance Polymers, focusing on Airflex® VAE (vinyl acetate-ethylene copolymers) emulsions by building on Air Products Polymers, L.L.P.'s long-term investment in process technology and applications know-how.
  • Performance Solutions, combining Air Products' existing Specialty Additives product lines with new high-performance additives and solutions.

The Performance Materials Division will remain part of Air Products' Chemicals Group, which also includes high-value intermediate industrial chemicals.


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