Covestro has signed an agreement to acquire the Resins & Functional Materials business (RFM) from Royal DSM. By expanding its portfolio in the attractive growth market for sustainable coating resins, Covestro is taking a significant step in its long-term corporate strategy to strengthen its sustainable and innovation-driven businesses. Adding about €1 billion in revenues and […]
Read MoreIn the first quarter of 2020, sales of decorative paints declined three percent from the previous year’s level, while sales of industrial coatings were down about eight percent year-on-year. For the second quarter of 2020, a sharp sales drop of up to 35 percent is expected, especially in the industrial coatings segment, as production volumes […]
Read MoreMitsubishi Chemical America entered into a definitive agreement to acquire all of the issued and outstanding shares of Gelest Intermediate Holdings, Inc., the parent of Gelest, Inc., Mitsubishi Chemical Corporation announced. Completion of the transaction is expected in 2020, pending customary regulatory review and approval. Gelest is a manufacturer and supplier of silicones, organosilanes, metal-organics, […]
Read MorePerstorp’s Ymer range is to include two new grades to increase the formulation window. The new Ymer products increase formulation height, reaching out to new applications and reduces harmful amines and solvents for low VOC PUDs, better for health and the environment. Perstorp, a global leader in the specialty chemicals market, has announced the extension […]
Read MorePilot Chemical Corporation announced that it has purchased the Mexican chemical manufacturer for the personal care, disinfection, sanitizing, cleaning, oil and gas, and water treatment industries, ÓrganoSíntesis S.A. de C.V. (OSSA). OSSA’s technology, testing/research plant facility, certification under the FDA’s Current Good Manufacturing Practice (cGMP) regulations, and R&D capabilities give Pilot Chemical new ways to […]
Read MoreTrinseo has completed the acquisition of Dow’s latex production facilities and related infrastructure at Rheinmunster, Germany. The transaction includes full ownership and operational control of both latex production facilities at Rheinmunster, as well as site infrastructure and services contracts, and approximately 108 employees who have transferred from Dow to Trinseo. “The completion of this acquisition […]
Read MoreJapanese printing ink maker DIC Corp has announced that they are buying BASF’s pigments business for 1.15 billion euros ($1.3 billion), to gain a broader footprint in Europe. DIC will gain European plants, to complement its mainly Asia and North America-based operations, as well as products such as pearlescent pigments for cosmetics and better access […]
Read MoreHuntsman’s Performance Products division has appointed Azelis CASE as its sole distributor in the United States regions, for its portfolio of coatings, adhesives, sealants and elastomers (CASE) specialty products.
Read MoreEvonik Industries AG, largest Speciality chemicals company made a collaboration with Lintech International Ltd for distribution of its Organo functional Silanes(used as resins and adhesives) in US region.
Read More