Latest Business News

Synthomer Sells Leuna Site to Alberdingk Boley

January 16, 2018 Business News
The ongoing operational savings related to the sale of the site form the final part of Synthomer’s $12 million synergy target relating to that acquisition, the company stated.

Huron Capital Acquires US Coatings

January 16, 2018 Business News
US Coatings was purchased in 2013 by Mike Reed, Don Thomas, and Larry LeSeure, who are now partnering with Valentus to leverage the infrastructure, technology and manufacturing capacity that Valentus has assembled, the company reported.

PPG to Acquire ProCoatings

January 16, 2018 Business News
PPG expects the transaction to close in the first quarter 2018, subject to customary closing conditions. Financial terms of the transaction were not disclosed.

Jebsen & Jessen and Jebsen Group Announce Joint Venture

January 16, 2018 Business News
According to the companies, this partnership combines the expertise of both organizations, establishing a stronger regional presence that provides better service capability to customers in Asia.

Nordson ASYMTEK Acquires Infiniti Dosing o.m.s. Product Lines

January 16, 2018 Business News
The transaction reportedly provides Nordson ASYMTEK with dispensing and dosing products marketed by Infiniti under the Dot Streamer (DS) and Accura brands.

BASF Opens Automotive Coatings Plant in Shanghai

December 14, 2017 Business News
The facility will be a production hub for solventborne and waterborne coatings, closely connected to the company’s existing infrastructure for automotive coatings, resins, and electrocoat production as well as R&D laboratories.

Orion Completes Carbon Black Production Line

December 14, 2017 Business News
The Yeosu plant has also completed an upgrade to a Technical Rubber Carbon Black production line.

Sika to Acquire Certain Assets of Group Industrial Alce

December 14, 2017 Business News
The product offerings of the two companies are highly complementary and will allow Sika to become market leader in bituminous membranes and number two in liquid‐applied membranes in the fast‐growing Mexican market, the company stated.

Azelis CASE and GMZ Open Headquarters in Ohio

December 14, 2017 Business News
The 13,000-sq. ft. building serves as the corporate office for both the CASE U.S. headquarters and the Azelis Company, GMZ.

BASF to Supply Coatings for Automotive Plant in Belarus

December 4, 2017 Business News
BASF's Coatings division will supply all the paint layers for the vehicles, including electrocoat, primer, basecoat, clearcoat, and plastic parts.