Latest Business News

PPG to Invest $1.7 Million in Coatings Manufacturing Facility

December 3, 2018 Business News
The cell, expected to be fully operational in January 2019, will reportedly increase production flexibility and productivity at the site, while also delivering significant cost savings, shortened delivery cycles, and reduced emissions.

Univar Expands Capability in Latin America

December 3, 2018 Business News
The sales center brings additional product, market and technical expertise to the region, and expands Univar’s overall presence in important growth markets, the company stated.

Covestro Becomes Majority Stakeholder in DIC Covestro Polymer JV in Japan

December 3, 2018 Business News
Covestro invested a sum in the low double-digit million EUR. Both parties agreed to not disclose any further financial details of the transaction.

Evonik Purchases Facilities in Lehigh Valley

December 3, 2018 Business News
According to the company, as part of its commitment to employees to remain in the Lehigh Valley, Evonik will purchase R&D 1, R&D 3, a pilot plant, ancillary support buildings along with an additional 41 acres.

Eastman Completes Construction of Isobutyric Acid Manufacturing Facility

December 3, 2018 Business News
The facility, when added to the Longview, Tex. site isobutyric acid manufacturing facility, doubles Eastman's production capacity, the company reported.

Univar and Buckman Announce Distribution Agreement

November 19, 2018 Business News
Buckman selected Univar due to its large-scale distribution capabilities, leading supply chain network and innovative digital technologies, Buckman reported.

Stahl Opens Center of Excellence for Performance Coatings in China

November 19, 2018 Business News
Stahl stated that at each center, the company’s experts work side-by-side with partners to meet the growing demand for products and solutions that have less impact on the environment.

Sika Opens Factory in Peru

November 19, 2018 Business News
With this new plant, Sika reported that it is tripling its production capacities and strengthening its mar-ket position in Peru.

Burgess Pigment Expands JNS-SmithChem Territory

November 19, 2018 Business News
The Burgess Pigments kaolins are used for a variety of applications, including paints and coatings, inks, sealants and adhesives, concrete, cement, plastics, and rubber.

Ashland Agrees to Sell Composites Business and Butanediol Facility in Germany

November 19, 2018 Business News
The transaction, valued at approximately $1.1 billion, is expected to close prior to the end of the June 2019 quarter, contingent on certain customary regulatory approvals, standard closing conditions, and completion of required employee information and consultation processes.