Latest Business News

BASF to Acquire Solvay’s Polyamide Business

September 25, 2017 Business News
The acquisition would complement BASF’s engineering plastics portfolio and expand the company’s position as a solution provider for the transportation, construction, industrial applications, and consumer industries, the company stated.

Maroon Group Acquires Seidler Chemical

September 25, 2017 Business News
Seidler's management team, led by Richard and Martha Seidler, will remain in place and continue to actively manage the business.

Clariant Enters Partnership with Tiangang

September 25, 2017 Business News
To support the growing demand of customers in China, Clariant and Tiangang will jointly manufacture process and light stabilizers and plan to install a new production site in the Cangzhou National Coastal-Port Economy and Technology Development Zone, Hebei province.

ASRC Industrial Services Acquires US Coatings

September 25, 2017 Business News
USC will become a component of AIS’s Construction, Maintenance and Repair (CMR) operating group.

Axalta Partners with National Transportation Center

September 25, 2017 Business News
Axalta is extending its training resources to NTC and positively impacting the future of the transportation industry, the company stated.

AkzoNobel Acquires Disa Technology

September 11, 2017 Business News
According to AkzoNobel, the acquisition strengthens the company’s global leadership position in supplying innovative industrial coatings and aerospace and automotive coatings.

Eastman to Increase CHDM capacity at Kingsport Facility

September 11, 2017 Business News
The series of debottlenecks and expansion projects will occur over the next 18 months and will increase capacity by 15,000 metric tons, the company reported.

Huber Completes Sale of Silica Business to Evonik

September 11, 2017 Business News
The $630 million transaction, completed after approval from the European Commission and other global regulatory bodies, transfers to Evonik ownership of the HEM Silica facilities in North America, Europe and Asia.

American Colors Expands Sandusky Manufacturing Plant

September 11, 2017 Business News
The expansion includes an additional warehouse featuring a new receiving facility and delivery access point. This will provide additional packaging and manufacturing capabilities to meet customer’s needs, the company stated.

ChemSpec Enters Distribution Agreement with DOW

September 11, 2017 Business News
ChemSpec will be DOW’s distribution partner for WALSRODER™ Nitrocellulose and WALSRODER NC-Chip products across the United States.