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
Evonik Commissions Second Complex for Methionine Production in Singapore
Evonik officially commissioned its second complex for the production of MetAMINO® (DL-methionine) and strategically important precursors in Singapore on June 18, 2019. “Our methionine complex on Jurong Island, which we commissioned in late 2014 has been a real success story.
Unifrax Acquires Stellar Materials
Unifrax, the leading global provider of high-performance specialty materials backed by Clearlake Capital Group, L.P., announced it has acquired Stellar Materials, LLC, a manufacturer of highly proprietary, mission-critical and innovative specialty chemistries and materials. Financial terms of the transaction were
Elkem Silicones Expands Local Offering of Basic Silicones
Elkem Silicones, the world’s second largest silicone siloxane capacity producer, announces it has expanded its local product offering to include upstream basic silicones to meet the growing demands of the North American marketplace. These basic silicone materials, including cyclosiloxanes D4
Northleaf Acquires Stake in Odfjell Holdings (US) Inc.
Northleaf Capital Partners (Northleaf) announced that funds managed by Northleaf have acquired a 49% equity interest in Odfjell Holdings (US) Inc. (OHUS), a portfolio of bulk liquid storage terminals in the United States. The remaining 51% interest continues to be
Altana Inaugurates New Innovation Center at Grevenbroich Research Site
Altana’s ACTEGA Rhenania, a globally leading coatings and adhesives specialist, inaugurated its new laboratory building in Grevenbroich on June 5th. The company invested around 10 million euros in the new building. The building has an area of 5,700 square meters,
Showa Denko to Acquire ILAG Group, Global Non-stick Coatings Manufacturer
Showa Denko has decided to acquire all shares in ILAG Industrielack AG, which leads the ILAG Group (ILAG), a specialty non-stick coating chemicals manufacturing company headquartered in Wangen, Switzerland, and signed a stock purchase and sale agreement with the current
Sika Completes Acquisition of Parex
Sika has completed the acquisition of Parex on May 23, 2019. The deal was announced on January 8, 2019. With the acquisition, Sika expects to expand its product portfolio for the building finishing market, further strengthening its world leader position
BASF to Provide 3D Printing Materials to Paxis LLC
BASF announced that it will provide innovative 3D printing additive manufacturing materials to Paxis LLC for their new WAV technology. This is currently in development and is designed to meet the needs of additive manufacturing users, advanced manufacturing as well
Arkema to Acquire ArrMaz, US-based Leader in Specialty Surfactants
Arkema announced on Thursday that it is to acquire ArrMaz Products (Mulberry, Florida), a producer of specialty surfactants, from Golden Gate Capital for $570 million. ArrMaz is a leader in specialty surfactants for crop nutrition, mining and infrastructure with $290
Petronas Chemicals to Acquire Da Vinci Group
Petronas Chemicals Group Berhad (PCG) has announced on Thursday that it has entered into a Sale and Purchase Agreement (SPA) to acquire 100% of Da Vinci from its shareholders for $163 million (about RM 760.6 million). Da Vinci’s shareholders include
Venator Files Lawsuit Against Tronox over Cristal Titanium Dioxide Transaction
Venator Materials announced the filing of a lawsuit against Tronox at the Delaware Superior Court. The lawsuit resulting from Tronox’s refusal to honor its contract to pay Venator a $75 million “break fee” over the divestment of the Cristal North American titanium