CP KELCO STAKE
January 26 2004 - 9:09AM
UK Regulatory
RNS Number:6334U
Hercules Inc
26 January 2004
Release Immediately
04-01-S
HERCULES TO SELL STAKE IN CP KELCO
WILMINGTON, DE, JANUARY 26, 2004 . . . Hercules Incorporated (NYSE: HPC)
announced today that it has signed a definitive agreement to sell its minority
ownership stake in CP Kelco ApS to J.M. Huber Corporation. Terms of the
transaction have not been disclosed.
The transaction, which is subject to certain regulatory approval, is expected to
close during the first quarter of 2004.
# # #
Hercules Incorporated
Hercules manufactures and markets chemical specialties globally for making a
variety of products for home, office and industrial markets. For more
information, visit the Hercules website at www.herc.com.
Media Contact: John S. Riley (302) 594-6025
Investor Contact: Allen A. Spizzo (302) 594-6491
J.M. Huber Corporation
J.M. Huber Corporation is one of the largest family-owned companies in the U.S.
It is a diversified multinational supplier of engineered materials, natural
resources and technology-based services to markets ranging from paper and energy
to plastics and construction. For more information visit the Huber website at
www.huber.com.
CP Kelco
CP Kelco is a leading global producer of xanthan gum, pectin and carrageenan.
The company has more than 2,000 customers in over 100 countries, with facilities
in North America, Europe, Asia and Latin America. For more information on the
company, please visit www.cpkelco.com.
Contact: Charles Oswald (302) 594-6117
This information is provided by RNS
The company news service from the London Stock Exchange
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