Ashland acquires rights to Valspar gelcoat blend

Ashland gets the rights to a majority of the gelcoat unsaturated polyester resin (UPR) blend technologies; the transaction includes technologies and formulations, but not manufacturing facilities.

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DUBLIN, OH. – Ashland Inc. (Dublin, Ohio, USA) on Sept. 12 announced that it has acquired the rights to a majority of the gelcoat unsaturated polyester resin (UPR) blend technologies from The Valspar Corp. (Minneapolis, Minn., USA).

The transaction includes the technologies, formulations and processing information for the gelcoat and UPR blend products but does not include any of Valspar’s manufacturing facilities.

“We are pleased to bring the Valspar technologies in gelcoat and UPR blends into our product portfolio. We are committed to the growth of the composites industry, and this acquisition allows us to provide an even broader set of solutions to our customers,” says Gary Landsettle, Ashland vice president of sales for the Americas.