Syensqo achieved validation from the Science Based Targets initiative (SBTi) for its greenhouse gas (GHG) emission reduction targets for 2030. The company now aims to reduce its Scope 1 and 2 GHG emissions by 42% compared to its 2021 level1. It also commits to reduce its Scope 3 GHG emissions by 25% in the same timeframe. Read More…
The Portuguese-based CIN has acquired Hempel Industrial B.V., based in the Netherlands, to strengthen its position in the European market and broaden its product portfolio internationally. Read More…
Covestro announced plans to expand its site in Hebron, Ohio, by constructing multiple new production lines and infrastructure to manufacture customized polycarbonate compounds and blends. Covestro says this will enhance its capacity in the Solutions & Specialties business for the American market. Read More…
BASF and RBTS have jointly signed a memorandum of understanding at Automechanika Shanghai to collaborate on the automotive aftermarket business. This partnership aims to create an innovative platform that enhances the automotive refinish sector, delivering higher quality and more sustainable solutions. Read More…
AkzoNobel says it is contributing to China’s increased focus on developing a greener and safer water supply system. The company, along with the China Building Metal Structure Association, is devising a new group standard for the application of powder coatings in drinking water pipelines and valves in China. Read More…
ECKART, a manufacturer in the effect pigment market, has entered into a joint venture agreement with Runaya, a manufacturer focusing on sustainability, to establish a facility in Orissa, India for production of spherical atomized aluminum granules. The granules serve applications in aerospace, solar panels and high value effect pigments. The companies have also signed a Memorandum of Understanding to manufacture high quality aluminum pigments. Read More…