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HuntsmanClariant will leverage shared knowledge in sustainability and boast a much stronger joint innovation platform to enable the development of new products in order to deliver superior returns and drive shareholder value, the companies stated.
The transaction is expected to be completed at the beginning of July 2017, and the business will then be integrated within IMCD US.
These innovative and sustainable solutions can improve end-product properties, extend energy conservation or have higher recyclability, and will fill unmet needs of new products with stronger sustainable characteristics and improved performance for customers in Asia, the company stated.
The new Polynt-Reichhold (the Group) is a global company in the Intermediates, Coating and Composite Resins, Thermoset Compounds, Gel-coats, and niche specialties with more than €2 billion in revenue.
Reportedly, Cargill can now offer customers products that incorporate higher levels of natural polyols, which reduces dependence on petroleum polyols, without sacrificing performance.
Spencer products include AcothaneTM polyurethanes for internal and external pipeline coatings, CorrolessTM coatings that provide a range of corrosion control solutions for steel structures, and water-based coatings for glass and general industrial segments.
The expansion of HP Indigo digital printing into mainstream flexible packaging required a validation of various adhesive performances with the HP Indigo ElectroInk.
The ATC project was an 18-month endeavor to transform and expand existing laboratory space and spray facilities.
Among the upgrades is a new chemical immersion room, which allows Tnemec’s R&D team to conduct more expansive performance testing, including in-house autoclave tests and severe wastewater analysis testing (S.W.A.T.), the company stated.
At the center of this facility is a new 8-station SOMA printing press equipped with web handling and both water-based and UV printing capabilities.