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The Dow Chemical Co. acquires a division of Celotex Corp.

The Dow Chemical Co., Midland, Mich., purchased the rigid foam insulation products division of Celotex Corp., Tampa, Fla. The transaction includes all Celotex brand polyisocyanurate insulation products for residential and commercial markets and accessory products. The products will be integrated into Dow’s North American Building Materials Division.

The Celotex products sold include Tuff-R, Super Tuff-R, Sturdy-R and Thermax Insulating Sheathing; HY-Therm Nail Line Roof Insulation; Celo-Vent Insulated Shingle Deck; and Tuff-Wrap Air Infiltration Barrier.

Dow also acquired five of Celotex’s manufacturing facilities located in Charleston, Ill.; Elizabethtown, Ky.; Pennsauken, N.J.; Texarkana, Ark.; and Tracy, Calif.

“Adding a full line of high-performance polyisocyanurate foam insulation products to our existing line of Styrofoam™ brand insulation extruded polystyrene products allows us to offer homebuilders, architects, specifiers, building owners and consumers a more robust product offering to meet diverse residential and commercial building needs,” said John Somerville, Dow’s commercial director of North American Building Materials and Fabricated Products.

8/14/2001  

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