AkzoNobel has signed an agreement to sell Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, which is part of the Packages Group. The transaction is based on a total enterprise value of 16.2 billion Pakistani rupee (approximately $58 million), at an EV/EBITDA multiple of 14x. Read More…
Evonik has inaugurated the expansion of its specialty amine production facility in Nanjing, China. According to the company, this investment significantly strengthens the Evonik’s capability to supply amine‑based additives for polyurethane and epoxy applications, supporting future market development and advancing the company’s long‑term global strategy. Read More…
PPG has completed the acquisition of Ozark Materials, LLC, a U.S.-based provider of pavement marking solutions, from Ingevity Corporation. The all-cash transaction includes a purchase price of $65 million, subject to customary adjustments. Read More…
Shrieve Chemical Company (Shrieve), a portfolio company of Gemspring Capital and a global distributor of specialized chemicals, announced it has acquired Vertec BioSolvents (Vertec), a manufacturer of bio-based solvents headquartered in West Chicago, Ill. Terms of the transaction were not disclosed. Read More…
Nouryon is expanding production capacity for its Levasil® colloidal silica at its manufacturing site in Guangzhou, China, to serve fast-growing segments like emissions control catalysts, electrical steel coatings, and non-stick coatings for cookware across Asia Pacific. According to the company, by bringing production closer to customers, Nouryon will supply a broader range of Levasil grades with shorter lead times. Read More…
Syensqo and Shell Chemicals Europe B.V. have partnered to supply mass-balanced, low-carbon ethylene oxide (EO) solutions for the agricultural and industrial markets, it says enable reduced product carbon footprint (PCF) without compromising performance. Read More…