Business

Red outline of nation of China

Hempel Inaugurates New Production Facility in China

Hempel has announced the opening of a new production facility in Zhangjiagang, China, which the company says is designed to substantially enhance capacity to serve its marine, energy and infrastructure customers. The Zhangjiagang site, Hempel’s largest production site in the region, is online and servicing customers three years after the company broke ground in 2020. Read More…

Brazil map

Nouryon Transitions to Renewable Sources in Brazil

Nouryon has announced that its nine manufacturing sites in Brazil are now powered with electricity solely from renewable energy sources, which it says will help to reduce greenhouse gas emissions and transition to a low-carbon economy. The company has 60 manufacturing sites around the world including nine in Brazil, which represent 25% of the company’s total electricity usage. Read More…

Covestro Headquarters

Covestro AG Enters Talks with ADNOC

Covestro and Abu Dhabi National Oil Company (ADNOC) have entered open-ended discussions over a takeover approach, the German company said in a statement. Covestro’s Board of Management stated the discussion will address the safeguarding of the continued implementation of its future- and sustainability-oriented corporate strategy. Read More…