Arch Treatment Technologies and Osmose, Inc. Announce Licensing Agreement
12 Aprile 2011 - 3:00PM
Arch Treatment Technologies, Inc., a subsidiary of Arch Chemicals,
Inc. (NYSE:ARJ), and Osmose, Inc., both leading suppliers of wood
preservative technologies, announced that they have entered into an
agreement whereby Arch Treatment Technologies, Inc. and its
affiliates have been granted a worldwide license to practice under
certain patents owned by Osmose, Inc. covering the use of
micronized wood preservatives, including the patent that was
the subject of a previous dispute between the parties. Terms
of the licensing agreement are confidential.
Micronized wood preservatives are utilized to pressure treat
wood products commonly used in decks, fences, landscaping,
agricultural, house framing and other general construction
uses. Both parties will continue to supply the market with
their respective portfolios of preservative products that offer
numerous important benefits to consumers, contractors and
builders.
About Arch
Headquartered in Norwalk, Connecticut (USA), Arch Chemicals,
Inc. is a global Biocides company with annual sales of over $1
billion. Arch and its subsidiaries provide innovative,
chemistry-based and related solutions to selectively destroy and
control the growth of harmful microbes. The Company's
concentration is in water treatment, hair and skin care products,
wood treatment, preservation and protection applications such as
for paints and building products, and health and hygiene
applications. Arch Chemicals operates in two segments:
Biocides Products and Performance Products. Together with its
subsidiaries, Arch has approximately 3,000 employees and
manufacturing and customer-support facilities in North and South
America, Europe, Asia, Australia and Africa. For more information,
visit the Company's Web site at http://www.archchemicals.com.
Except for historical information contained herein, the
information set forth in this communication contains
forward-looking statements that are based on management's beliefs,
certain assumptions made by management and management's current
expectations, outlook, estimates and projections about the markets
and economy in which the Company and its various businesses
operate. Words such as "anticipates," "believes," "estimates,"
"expects," "forecasts," "intends," "opines," "plans," "predicts,"
"projects," "should," "targets" and variations of such words and
similar expressions are intended to identify such forward-looking
statements. These statements are not guarantees of future
performance and involve certain risks, uncertainties and
assumptions ("Future Factors"), which are difficult to predict.
Therefore, actual outcomes may differ materially from what is
expected or forecasted in such forward-looking statements. The
Company undertakes no obligation to update any forward-looking
statements, whether as a result of future events, new information
or otherwise. Future Factors which could cause actual outcomes to
differ materially from those discussed include but are not limited
to: general economic and business and market conditions; no
improvement or weakening in U.S., European and Asian economies;
increases in interest rates; changes in foreign currencies against
the U.S. dollar; customer acceptance of new products; efficacy of
new technology; changes in U.S. or foreign laws and regulations;
increased competitive and/or customer pressure; loss of key
customers; the Company's ability to maintain chemical price
increases or achieve targeted price increases; higher-than-expected
raw material and energy costs and availability for certain chemical
product lines; unexpected changes in the antidumping duties on
certain products; increased foreign competition in the calcium
hypochlorite markets; inability to obtain transportation for our
chemicals; unfavorable court decisions, including unfavorable
decisions in appeals of antidumping rulings, arbitration or jury
decisions, tax matters or patent matters; the supply/demand balance
for the Company's products, including the impact of excess industry
capacity; failure to achieve targeted cost-reduction programs;
capital expenditures in excess of those scheduled; environmental
costs in excess of those projected; the occurrence of unexpected
manufacturing interruptions/outages at customer, supplier or
Company plants; unfavorable weather conditions for swimming pool
use; inability to expand sales in the professional pool dealer
market; the impact of global weather changes; changes in the
Company's stock price; ability to obtain financing at attractive
rates; financial market disruptions that impact our customers or
suppliers; gains or losses on derivative instruments;
implementation of the Company's R&D consolidation consistent
with the Company's expectations; achievement of the Company's
multi-faceted margin improvement plan, including technology
improvements which result in lower processing, energy and other
costs; and unfavorable changes in the regulatory status of the
Company's products.
CONTACT: Investor Contact:
Mark E. Faford
(203) 229-3820
Press Contact:
Dale N. Walter
(203) 229-3033
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