Business

Graco Inc. to Acquire Color Service S.R.L.

Graco Inc. announced it has entered into a definitive agreement to acquire Color Service S.R.L., a global manufacturer of automated dosing systems for powder and liquid applications for €63 million, subject to customary adjustments. The transaction is expected to close in Graco’s fiscal third quarter, following the satisfaction of closing conditions. Read More…

Dürr and Cetec Partner on Liquid Painting Solutions

Dürr, a provider in painting and industrial automation technologies, has entered a partnership with Cetec, the first integrator of liquid painting solutions for general industry in Brazil. This partnership enables the structured delivery of Dürr technologies to a broader range of Brazilian industries. Cetec is one of Brazil's leading manufacturers of industrial paint systems. Read More…

IMCD N.V. Announces New Appointments

IMCD N.V., a global partner for the distribution and formulation of specialty chemicals and ingredients, announced that Andreas Igerl, currently regional president of APAC and a member of the IMCD Executive Committee, has been appointed regional president of Europe, the Middle East, and Africa (EMEA) effective September 1. In this new role, he will assume leadership of the global Industrial Business Groups progressively over the course of 2025. Narendra Varde, currently managing director of India, has been appointed president of Asia-Pacific (APAC), succeeding Andreas Igerl. Read More…

Evonik Uses Green Electricity in Germany

Evonik’s Coating & Adhesive Resins business line is now using green electricity for its polybutadiene production in Marl, Germany. This initiative is part of Evonik’s sustainability strategy, aimed at achieving environmental goals it set for 2030, which include a 25% reduction in Scope 1 and 2 emissions from 2021 to 2030. Read More…