Latest Business News

Sherwin-Williams and Valspar Extend Term of Merger Agreement

March 28, 2017 Business News
The extension of the merger agreement to June 21, 2017, is intended to provide sufficient time to complete the Valspar acquisition.

Vencorex Appoints New Distributor

March 28, 2017 Business News
“We strongly believe that Interplast is the ideal partner to bring to Turkish customers the local service they are looking for. This is a step forwards in the implementation of our growth strategy, following the completion of our industrial projects as announced earlier this year.”

Hempel Opens Factory in Kuwait

March 28, 2017 Business News
With a 40 percent higher capacity than Hempel’s existing production facility in Safat, Kuwait, the EUR 13 million factory in Mina Abdullah will help the company meet growing demand for its coatings in Kuwait and other Gulf Cooperation Council (GCC) countries, the company stated.

Chromaflo Inaugurates Manufacturing Facility in India

March 28, 2017 Business News
“The investment in people, laboratories, and machinery will allow us to offer our global technologies throughout the India Sub-Continent (ISC).”

WACKER Opens International Training Center in Japan

March 28, 2017 Business News
With the addition of the WACKER ACADEMY, the site now combines under one roof production, R&D, application technology, and a training center for WACKER’s silicones.

Axalta Announces $675 Million Share Repurchase Program Authorization

March 13, 2017 Business News
Axalta expects the share repurchases to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws, regulations, and approvals.

Sun Chemical Acquires RJA Dispersions Business

March 13, 2017 Business News
Primarily used for energy cure (UV), eco-solvent, and aqueous inkjet inks, RJA’s full range of dispersions will join Sun Chemical Performance Pigments’ product lineup.

Perstorp Sells Additives Activities to Synthomer

March 13, 2017 Business News
The total consideration for the sale is €78 million. The divestment is in line with Perstorp’s strategy to focus on and expand its core chemicals activities, the company stated.

Maroon Group Acquires Lincoln Fine Ingredients

March 13, 2017 Business News
Lincoln Fine Ingredient’s management team, led by Jim Noon and Walter Martish III, will remain in place and continue to actively manage the business, the companies stated.

Atlas Opens Worldwide Accelerated Laboratory

March 13, 2017 Business News
This lab also has a fully operational evaluations laboratory that reportedly offers instrumental color, gloss, and visual evaluations performed by Atlas technicians.