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Because of these abilities, cyclodextrins are used in numerous industries, from household and personal care to pharma, cosmetics, textiles, food and agrochemicals, as well as in the coatings sector. "By enhancing research efforts in the field of cyclodextrin tech - nology, our emphasis will be on developing new and advanced applications in growth markets, such as smart polymers, functional coatings and environmental remediation," said Dr. Jörn Winterfeld, Vice President Business Line Agro & Pharma at WACKER BIOSOLU - TIONS, the group's life sciences and biotechnology division. With the Mayor of Ulsan, South Korea, Gi-Hyeon Kim and numerous customers in attendance, WACKER Executive Board member Dr. Christian Hartel, head of WACKER POLYMERS Peter Summo and head of WACKER Korea Dal-Ho Cho celebrated the official start of construction on the project during a symbolic ground-breaking ceremony. Borchers Americas Buys Owensboro Specialty Polymers MILWAUKEE - Grace Matthews Inc. and Owensboro Specialty Polymers Inc. (OSP) announced the acquisition of OSP by Borch - ers Americas Inc., Westlake, Ohio, a leading manufacturer of additives for the coatings, paints and printing inks markets and a portfolio company of The Jordan Co. L.P. Based in Owensboro, Kentucky, OSP is a leader in polyvinyl - idene chloride (PVdC) latex emulsions, a specialty polymer bar - rier coating used in the flexible packaging, metal coatings, and oil and gas markets.