Hercules Inc.

Infobox_Company
company_name = Hercules Incorporated
company_
company_type = Public (nyse|HPC)
company_slogan = We make chemistry work for our customers.
foundation = 1912
location = Hercules Plaza, Wilmington, DE, USA 19894
key_people = Craig A. Rogerson, President and CEO
Allen A. Spizzo, VP and CFO
Paul C. Raymond III, VP and President, PTV
John E. Panichella, VP and President, Aqualon
Edward V. Carrington, VP of HR
num_employees = 4,430
homepage = [http://www.herc.com/ Herc.com]

Hercules Inc. (NYSE|HPC) is an S&P 500 chemical company in Wilmington, DE that was created in 1912 as Hercules Powder Company from DuPont as a result of government antitrust action. The company globally manufactures and markets chemical specialties used in a variety of home, office, and industrial markets and employs over 4,500 people. It consist of two major assets: Paper Technologies and Ventures (PTV) and Aqualon. In 2005, the former accounted for 49% of sales and 35% of operating sales with the latter producing 37% and 68% respectively. [cite book
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title = Standard and Poor's 500 Guide
publisher = The McGraw-Hill Companies, Inc.
date = 2007
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pages =
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isbn = 0-07-147906-6 ]

As of July 11, 2008, Hercules was to be acquired by Ashland Inc. for $3.3B. [ [http://www.herc.com/abouthercules/news/08/Ashland.asp Ashland to Acquire Hercules] , Hercules News Release, Accessed July 11, 2008.]

Business Segments

Aqualon Group

Aqualon produces products for physical property modification of aqueous systems which are sold into a wide variety of industries including personal care, food additives, and construction.

Paper Technologies and Ventures Group

Paper Technologies

Paper Technologies produces specialty chemicals to the pulp and paper industry. These products include functional, process, and water treatment chemicals for a wide variety of pulp and paper applications.

Ventures

Ventures produces specialty chemicals for a variety of markets, including adhesives and sealants, paints, inks, coatings, lubricants, rubber, plastics, and building and construction.

History

Hercules Incorporated, in collaboration with Professor Kaichang Li of Oregon State University and Columbia Forest Products, received a 2007 Presidential Green Chemistry Challenge Award for the Greener Synthetic Pathways category in developing and commercializing a formaldehyde-free adhesive made from soy flour and Hercules’ unique polymer chemistries.

References

External links

* [http://www.herc.com/ Hercules Incorporated website]