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Rohm and Haas Headquarters Philadelphia, PA, USA

The company axed about 1,860 jobs during the global slow-down in 2002. It now has sales of aroimd US 6.4 billion in over 100 coimtries. Research and development expenditure in 2003 was US 238 M. [Pg.173]

A few companies have reduced their commitment to polymer additives. The Swiss company Lonza places increasing emphasis on pharmaceutical intermediates in its European operations, but also makes oleochemicals for plastics. Other additive products include plasticisers, both general-pm tose types and linear phthalates, together with polymeries and trimellitates. It is a leading supplier in the US of polymer lubricants such as EBS (ethylene bis-stearamide) and other amide waxes. First half profits overall were down 16% in 2004. Research and development expenditure in 2003 amoimted to US 65 M. A new CEO, Stefan Borgas, has been appointed from BASF. [Pg.173]


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