Strategic Value Partners, LLC and its affiliates (together, "SVP") and Blantyre Capital Limited ("Blantyre") announced that SVP-managed funds and Blantyre-managed funds have acquired OQ Chemicals (OXEA), a global producer and merchant of oxo chemicals. As part of the acquisition, OQ Chemicals will reinstate its name to OXEA, reaffirming its heritage and longstanding presence in the global chemicals industry. Read More…
Impact Coatings and Smoltek Hydrogen have entered a collaboration to explore the potential integration of Smoltek Hydrogen’s carbon nanofiber (CNF) technology into the Impact Coatings INLINECOATER™ series of PVD systems. Read More…
BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. Following approval by the relevant authorities, the transaction was completed effective April 21, 2025. Both parties have agreed not to disclose financial details of the transaction. Read More…
Nouryon has been recognized with a 2025 Gold rating by EcoVadis for its sustainability and corporate social responsibility (CSR) initiatives and achievements. This is the fourth consecutive year that Nouryon has been awarded an EcoVadis Gold rating or higher. Read More…
PPG announced the opening of an automotive coatings color creation studio at the PPG Global Coatings Innovation Center in Tianjin, China. According to PPG, the studio, which is equipped with state-of-the-art equipment to ensure high-precision color presentation and immersive experiences for clients as well as the latest software tools to enhance color design support, enables brands to quickly respond to market trends and strengthen product competitiveness. Read More…
Nordson Industrial Coatings Solutions (ICS), has announced the opening of its state-of-the-art manufacturing facility, designed to significantly enhance production capabilities and meet the growing demand of its customers. Located in Clinton, S.C., ICS says its new facility spans 225,000 square feet and is equipped with advanced technology, cutting-edge machinery and enhanced production lines. Read More…