Latest Business News

Emerald Realigns Polymer Additives and Nitriles Business

September 11, 2017 Business News
The Polymer Additives business will now be known as Antioxidants and Accelerators (AOA).

Nagase America Acquires Fitz Chem

August 28, 2017 Business News
With reported revenue of over $60 million, Fitz Chem is focused on the coatings, adhesives, sealants, and elastomer (CASE) markets, as well as the plastics and personal care markets. NAGASE Group is a supplier to these markets in Japan, with a portfolio of distributed products and proprietary products it manufactures.

PPG Opens Automotive Refinish Training Center in Argentina

August 28, 2017 Business News
PPG experts will train technicians from Argentina, Chile, and Uruguay on all of PPG’s automotive refinish product lines and color modules, as well as application techniques, the company stated.

Axalta Opens Technology Center in Vadodara, India

August 28, 2017 Business News
The new laboratory space will feature contemporary robotic spray applicators that can simulate line application conditions inside customer manufacturing plants.

Evonik Constructs Specialty Copolyester Plant in Witten

August 28, 2017 Business News
The company is investing a mid-double-digit million euro sum in the plant, which will have annual production capacity of several thousand metric tons, the company stated.

Sika Acquires Turkish Manufacturer of Sealants and Adhesives

August 28, 2017 Business News
Sika stated that the acquired production site will not only improve Sika’s ability to serve customers in the Turkish market but will also function as a distribution and production hub for the Middle East and Africa, reinforcing the supply chain in this region.

Axalta to Acquire Plascoat

August 15, 2017 Business News
As part of the transaction, Axalta will acquire both Plascoat manufacturing facilities in Farnham, England and Zuidland, Netherlands.

FTC Approves Final Order with Sherwin-Williams and Valspar

August 15, 2017 Business News
Axalta will also acquire certain Valspar research and development facilities, warehouses and testing facilities, as well as customer contracts, intellectual property, inventory, accounts receivable, government licenses and permits, and business records.

DuPont and Dow Set Merge Date

August 15, 2017 Business News
Shares of Dow and DuPont will cease trading at the close of the New York Stock Exchange (NYSE) on Aug. 31.

Cortec Selects EMCO Chemical Distributors

August 15, 2017 Business News
EMCO will distribute Cortec’s additives throughout the Midwest and East Coast.