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OM Group, Inc. (NYSE:OMG) and Rahu Catalytics sign their global licence deal ahead of the European Coatings Show in Nuremberg, Germany
OMG and Rahu have signed the global exclusive arrangements announced in December 2008, for the sale and marketing of new oxidative drying technology; the signing of this deal is in time for the technology's global launch at the forthcoming European Coating Show in Nuremberg, Germany, which starts on 30 March.
Representatives from both companies will attend the Nuremberg show to present the technology at the Congress (Session 12) on the morning of Tuesday 31 March, and will be on hand throughout the show to share the technology benefits with customers at the OMG Borchers GmbH stand; please visit us in Hall 7, Stand no 7-543.
About OM GROUP, INC.
OM Group, Inc. (NYSE: OMG) is a diversified global developer, producer and marketer of value-added specialty chemicals and advanced materials that are essential to complex chemical and industrial processes. Key technology-based end-use applications include affordable energy, portable power, clean air, clean water, and proprietary products and services for the microelectronics industry. Headquartered in Cleveland, Ohio, OM Group operates manufacturing facilities in the Americas, Europe, Asia and Africa. For more information, visit the company's Web site at www.omgi.com.
About Rahu Catalytics
Rahu Catalytics Limited sells catalyst based solutions for reducing energy, water and waste costs in a range of industrial processes. Its technology is based on three families of oxidation catalysts acquired from the Unilever Group in 2006. These specialty chemical products contribute significantly to the development of clean technologies designed to reduce operating costs and meet current and future legislation, both in the developed world and the growing economies of Asia and Latin America. The company is headquartered in Nottingham, UK and operates laboratories in Rotterdam, the Netherlands and Shanghai, China. For more information, visit the company's Web site at www.rahucat.com
Contact:
Tracey Edinboro, Rahu Catalytics Limited, tracey.edinboro@rahucat.com
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