Latest Business News

Tnemec Company Purchases Assets of Textured Coatings of America

November 4, 2019 Business News
Majority ownership of the company was acquired from the founders by Stuart Haines in 1961, and under his leadership, the company expanded its sales throughout North America and internationally to more than 23 countries.

Emerald Kalama Chemical Opens European Central Office in Rotterdam

November 4, 2019 Business News
According to Emerald, the office will house the company’s growing team for order fulfillment and technical service, focused on serving customers worldwide for products manufactured at Emerald’s operations in Europe.

BASF Opens Elastollan TPU Development Center

November 4, 2019 Business News
The development center allows customers to create and test new TPU solutions without having to interrupt their own production facilities, BASF said.

Arkema Starts Up Acrylic Acid Reactor in the United States

November 4, 2019 Business News
This investment of approximately $90 million reportedly consolidates Arkema’s position as the second largest producer of acrylic acid in the region.

PPG Invests in Cleveland Automotive Adhesives and Sealants R&D Facility

November 4, 2019 Business News
PPG scientists will also reportedly use the new lab to continue their development of next-generation coatings for lithium-ion battery cells, modules, and packs used in battery-electric and autonomous vehicles.

Arkema to Increase Kynar® Fluoropolymer Capacities at its Changshu Plant

October 18, 2019 Business News
Arkema stated that this increase in capacity is driven by the continued strong growth in the lithium-ion battery market for electric vehicles and it is consistent with their strategy to supply its customers from plants located in the same region.

Trinseo Acquires Dow’s Latex Binders Assets and Rheinmunster Site in Germany

October 18, 2019 Business News
The transaction includes full ownership and operational control of both latex production facilities at Rheinmunster, as well as site infrastructure and services contracts, and approximately 108 employees who have transferred from Dow to Trinseo.

LCY Elastomers LP Appoints Azelis Americas CASE as Distributor for Globalprene® Thermoplastic Elastomers in the United States

October 18, 2019 Business News
Customers will now have access to LCY’s Globalprene® product line from all Azelis Americas CASE regions and be able to utilize the formulation expertise from Azelis CASE applications labs, the company reported.

Axalta Acquires Manufacturing Site in Turkey for Powder Coatings

October 18, 2019 Business News
The facility, which is currently being upgraded, is expected to host the production of all Axalta’s premium powder product ranges including the Matt (AE30 & SD30), Fine Textured (AE03 & SD03), and Semi-Gloss (AE70 & SD70) collections all designed for architectural applications. 

Nouryon to Expand Ethylene Amines Offering with New Technology

October 18, 2019 Business News
Front-End Engineering Design (FEED) activities for a world-scale manufacturing facility based on this new technology are expected to start by the end of 2019.