Latest Business News

Novomer to Open Innovation Center in New York

October 23, 2017 Business News
Novomer will occupy the leased space in December where it is currently undertaking significant renovations and improvements, and the larger facility will house technology research, product development activities, and a COEth™ Process demonstration unit to make customer samples for a variety of products, Novomer stated.

Nexeo Solutions and Yparex Sign Distribution Agreement in Europe

October 23, 2017 Business News
Yparex is a product family of The Compound Company, whose portfolio includes a range of tie-layer resins, coupling agents, and compatibilizers.

Spherix Mineral Products Partners with ChemSpec

October 23, 2017 Business News
The partnership will allow ChemSpec to deliver enhanced solutions to the silicone compounding market, the company stated

DSM Partners with RP America

October 23, 2017 Business News
According to the company, this latest addition of Somos materials to their portfolio complements the offering of equipment and service for their growing SLA customer base.

BASF Expands Distribution Relationship with Azelis Americas

October 23, 2017 Business News
Through this expansion, GMZ becomes the sole distributor of BASF’s Dispersions & Resins Division portfolio of products across the Midwest and Northeast markets including Illinois, Wisconsin, Minnesota, Indiana, and Michigan.

High Road Sells the Crown Group to PPG

October 9, 2017 Business News
High Road Capital Partners has completed 43 transactions — 17 platform investments, 20 add‐on acquisitions and six exits — since its founding in 2007.

Ferro Expands Ceramic Coatings Business

October 9, 2017 Business News
Ferro expects the transaction to be accretive to earnings and 2018 post-synergy adjusted EBITDA, which is forecasted to be approximately $13-14 million.

Wacker Expands Production Plants in South Korea

October 9, 2017 Business News
Capital expenditures of around €60 million are budgeted for the capacity increase and for expanding local infrastructure. Construction is scheduled to start before the end of the year and is expected to be finished by Q1 2019.

Azelis Americas Combines P.T. Hutchins and Ribelin

October 9, 2017 Business News
According to the company, it is comprised of a team of technical sales representatives, supported by application labs with degreed chemists, technical marketing, and best in class customer service and will continue to bring value and accelerated growth to Azelis’ principal partners and to over 7,000 customers across the United States.

IMCD Adds Coatings Application Laboratory

October 9, 2017 Business News
The coatings laboratory will support customers and suppliers, offering market trend advice, problem solving, formulation guidance, and product performance testing, IMCD stated.