Sika has agreed to acquire Crevo-Hengxin, a Chinese manufacturer of silicone sealants and adhesives used in both industry and construction applications. With this takeover, Sika is expanding its Target Markets Industry and Sealing & Bonding presence in China and the
German Chemical Industry in the Doldrums
Lack of demand from industrial customers and the global economic uncertainties continue to create problems for the German chemical and pharmaceutical industry. Weak numbers for the second quarter of 2019 have prompted the German Chemical Industry Association (VCI) to lower
Quaker Houghton to Acquire Operating Divisions of Norman Hay plc
Quaker Houghton announced on Thursday, 29th Aug that it has agreed to acquire the operating divisions of Norman Hay plc, a private UK company that provides specialty chemicals, operating equipment, and services to industrial end markets, for a purchase price
DIC to Acquire BASF’s Global Pigments Business
BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is €1.15 billion ($1.27 billion). The transaction is expected to close in
Nouryon to Double Surfactants Capacity in Sweden
Nouryon will double capacity at its surfactants plant in Stenungsund, Sweden to support the growth of several existing products as well as new sustainable technologies for markets including oil and gas, lubricants and fuels, and asphalt. The €12-million expansion and
Meridian Adhesives Group Acquires Epoxies, Etc
Meridian Adhesives Group announced on Thursday the acquisition of Epoxies, Etc., a leading resin formulator of epoxies, urethanes and silicones. Arsenal Capital Partners created Meridian in 2018 as its platform in the global adhesives and sealants sector, focusing on high-value
Elkem ASA Acquires Silicones Producer Basel Chemie
Elkem ASA acquires Basel Chemie, a Korean producer of specialty silicone gels for cosmetics and water repellents for the construction industry. The acquisition gives Elkem access to leading technology in attractive end-user silicone segments and provides a solid platform for
Ion Exchange Inaugurates R&D Centre in Telangana, India
Ion Exchange (India) Limited, a leading water and environment management solutions provider, announces the launch of its new Research & Development Centre at Patancheru in Telangana, of Southern India. The centre will focus on the company’s Chemicals, Resins and Membranes
Huntsman Sells its Intermediates, Surfactants Businesses to Indorama for $2.1 B
Huntsman Corporation announced on Friday that it has entered into a definitive agreement to sell its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures in a transaction valued at $2.076 billion. The transaction comprises a
Clariant, Sabic Talks on Specialties JV Collapse, Clariant to Divest Masterbatches
Clariant and SABIC have agreed to temporarily suspend the discussions on the intended business combination High Performance Materials (HPM), consisting of Clariant’s Additives and high value Masterbatches and parts of SABIC’s Specialties business. The JV talks with Saudi Basic Industries
Givaudan to Acquire German Fragrance Maker Drom
Givaudan, the global leader in flavours and fragrances, announced that it is to acquire Drom to further extend its leadership in the global Fragrance market. While terms of the deal have not been disclosed, Drom’s business would have represented approximately
AkzoNobel to Acquire Mapaero, Strengthening its Global Aerospace Coatings Business
AkzoNobel has announced its intention to acquire French aerospace coatings manufacturer Mapaero. The intended acquisition will strengthen AkzoNobel’s global position in aerospace coatings, notably in the structural and cabin coating sub-segments, and contribute directly towards delivering the company’s 2020 guidance.
DSM will further Upgrade its Vitamin C facility in Jiangshan
DSM, a nutrition chemicals and materials multinational has announced it will extend the annual summer shut down period at its Jiangshan vitamin C site in China so further upgrades to the facility can be carried out. “DSM continues to invest
Toray to Build New Battery Separator Film Production Facility in Hungary
Toray Industries, Inc., one of the largest battery separator films manufacturer from Japan announced on 16 July the construction of a new production facility for battery separator films (BSF) for lithium-ion batteries in Nyergesújfalu, Hungary. The new manufacturing site will
Nouryon Doubles Capacity for Dicumyl Peroxide in China
Nouryon has doubled production capacity for dicumyl peroxide (DCP) at its site in Ningbo, China after completing a major expansion project. The plant is the largest of its kind in the world and can now produce up to 38,000 tons
BASF Increases Capacity for Higher Carboxylic Acids
BASF has increased its global production capacity for the Higher Carboxylic Acids (HCA) Isononanoic Acid (INA) and 2-Ethylhexanoic Acid (2-EHA) from 55,000 metric tons to 68,000 metric tons per year. With world-scale and highly flexible production facilities at its Verbund
BASF India to Divest Stilbene-based Optical Brightening Agents Business to Archroma
BASF India Limited has entered into an agreement to divest its stilbene-based Optical Brightening Agents (OBA) business for paper and powder detergent applications to Archroma India Private Limited for about Rs 33.50 crore ($4.9 million). The transaction includes stilbene-based OBA
Oxea to build New Plant for Carboxylic Acids in Oberhausen, Germany
Oxea, a global chemical company has decided to build a new world-scale production plant for carboxylic acids in Oberhausen, Germany to meet rising demand. The new unit is the sixth of its kind in Oxea’s global production network. Once brought
Arkema Completes Acquisition of US Specialty Surfactants Manufaturer
Arkema completed the acquisition of ArrMaz, a global leader in specialty surfactants for crop nutrition, mining and infrastructure markets. The acquisition of this profitable, resilient and low capital intensive business, which has an accretive impact from the first year, is
Nouryon Completes Capacity Expansion for Dialkyl Peroxide in China
Nouryon has increased production capacity for dialkyl peroxide at the company’s Ningbo site, China, by 25 percent after completing a major expansion project. The product, branded as Perkadox 14, is essential in the manufacture of many elastomer-based products, ranging from