Omnova terminates RohmNova paper

Omnova Solutions Inc. recently announced that it has completed the acquisition of The Dow Chemical Company's hollow sphere plastic pigment (HPP) product line and terminated the RohmNova paper coatings joint venture. The transaction closed late Friday night, May 14.

Omnova announced on Thursday, May 13, 2010, that the Federal Trade Commission had approved the sale of Dow's HPP business to the company. In the same announcement, the Omnova said the companies would also terminate the RohmNova joint venture upon close.