Company Overview of Rohm and Haas Company
Rohm and Haas Company manufactures and markets chemicals. The company offers leather bate, chemicals for the manufacture of printed circuit boards, acrylic sheets, agricultural chemicals, and acrylic latex paints; and water softeners for industrial, commercial, and scientific water-purification uses. The company sells its products in the United States and internationally. The company was founded in 1917 and is based in Philadelphia, Pennsylvania with offices worldwide. As of April 1, 2009, Rohm and Haas Company operates as a subsidiary of The Dow Chemical Company.
100 Independence Mall West
Philadelphia, PA 19106
Founded in 1917
Key Executives for Rohm and Haas Company
Chief Financial Officer, Chief Strategy Officer, and Executive Vice President
Vice President, President of Morton Salt and Business Unit Director for Salt
Vice President, Business Group Director of Electronic Materials and President of Microelectronic Technologies - Rohm & Haas Electronic Materials
Vice President and President of CMP Technologies for Rohm & Haas Electronic Materials
Vice President, President of Microelectronic Technologies and Business Unit Director of Microelectronic Technologies
Compensation as of Fiscal Year 2015.
Rohm and Haas Company Key Developments
Environmental Protection Agency and 16 Companies Reach $14.3 Million Deal to Clean Chemical Site in Hagerstown, Maryland
Aug 17 15
The Environmental Protection Agency (EPA) and 16 companies reached a $14.3 million settlement to clean a chemical site in Hagerstown, Maryland. In addition, the companies will reimburse the EPA $945,000 for past costs and reimburse the regulator for future ones connected to its oversight of the cleanup. The settlement needs court approval. Under the settlement, the companies agreed to stabilize and cap waste and contaminated soils at the Central Chemical superfund site. The 16 companies include: Arkema, Bayer Cropscience, FMC, Honeywell International, Lebanon Seaboard, Montrose Chemical Corp. of California, Occidental Chemical, Olin, Rohm and Haas, Rhone-Poulenc, Shell Oil, Syngenta Crop Protection, The Chemours Co FC, Union Carbide, Wilmington Securities, 21st Century Fox America.
Dow Chemical Settles Brain Cancer Lawsuits with Rohm & Haas Co
Dec 31 14
Dow Chemical Co. has settled two lawsuits, both alleging that chemists contracted brain cancer while working at a Rohm & Haas Co. research lab in Montgomery County. Dow bought Rohm & Haas in 2009. The lawsuits, which were settled for $950,000 and $450,000 according to reports, were brought nearly a decade ago and accused Rohm & Haas of not providing enough protection against toxic materials.
The Dow Chemical Company and Rohm and Haas Company Announces Early Results of Debt Tender Offers
Nov 14 13
The Dow Chemical Company announced the early results for its previously announced cash tender offers for certain notes issued by Dow and its subsidiary Rohm and Haas Company. In addition, the company announced it raised the tender cap, such that the aggregate principal amount sought in the tender offers is $700 million, versus the $500 million that was initially sought. As of 5:00 p.m., New York City time, on November 13, 2013 (the 'early tender time), Dow received tenders for approximately (i) $581 million aggregate principal amount of the 6.00% notes due 2017 issued by Rohm and Haas listed below, and (ii) $402 million aggregate principal amount of the 5.70% notes due 2018 issued by Dow listed below. The amount of tendered notes exceeds the previously announced tender cap of $500 million. Based on the revised $700 million tender cap and the proration terms of the tender offers, Dow accepted for purchase $414 million and $286 million aggregate principal amount of the 6.00% notes due 2017 and the 5.70% notes due 2018, respectively, validly tendered at or prior to the early tender time, resulting in aggregate consideration of $816 million (plus an additional $4.5 million in aggregate accrued interest). The notes that have been validly tendered at or prior to the early tender time and accepted in the tender offers will be purchased, retired and cancelled by the relevant issuer on the early settlement date, which is expected to occur on November 18, 2013. Dow also announced that it raised the tender cap from $500 million to $700 million. The expiration time of the tender offers is 12:00 midnight, New York City time, on November 27, 2013, unless extended. Because the amount of notes tendered at or prior to the early tender time exceeded the tender cap, Dow does not expect to accept for purchase any additional notes in the tender offers. Withdrawal rights for the tender offers have expired and have not been extended. Dow has retained BNP PARIBAS and BofA Merrill Lynch as Dealer Managers for the tender offers. Global Bondholder Services Corporation is the Information Agent and Depositary for the tender offers.
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