First Trade Date for Rohm and Haas Company
Company Name | First Trade Date (yyyy-mm-dd) |
Rohm and Haas Company | 1949-04-20 |
Company Name | Symbol |
Rohm and Haas Company | ROH |
History and Business of Company (this information may include date of incorporation) | |
Rohm and Haas Company was incorporated in 1917 under the laws of the State of Delaware. Our shares are traded on the New York Stock Exchange under the symbol "ROH." We are a global specialty materials company that began over 90 years ago when a chemist and a businessman decided to form a partnership to make a unique chemical product for the leather industry. That once tiny firm, now known as Rohm and Haas Company, reported sales of $6.4 billion in 2003 on a portfolio of global businesses including specialty chemicals, electronic materials and salt. Today, we leverage science and technology in many different areas to design materials and processes that enable our customers' products to work. We serve many different market places, the largest of which include: construction and building; electronics; household products and personal care; packaging; food and retail; and automotive. To serve these markets, we operate over 100 manufacturing and 30 research facilities in 27 countries with approximately 17,300 employees. Our geographic reach continues to expand with 53% of our sales in North America, 27% in Europe, 17% in Asia-Pacific and 3% in Latin America. Yet, despite the remarkable changes our company has undergone since it was founded by Otto Röhm, the scientist, and Otto Haas, the businessman, Rohm and Haas remains remarkably true to the original vision of its founders: to be a high quality supplier of specialty materials that improve the quality of life. Over five years ago, we began to diversify our portfolio of product offerings to enhance our specialty chemical business by acquiring Morton International's Chemical and Salt businesses, and complementing our Electronics Materials business through the acquisitions of LeaRonal and Rodel. With the acquisition of these and other important businesses in the past five years, we have doubled our sales, balanced our portfolio seasonally, expanded our geographic reach and product opportunities to meet market demand and enhanced our cash generating abilities. |
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