BASF and PQ have signed an agreement for the sale of BASF’s silicates business, including assets at the Düsseldorf/Holthausen site to PQ, a supplier of silicates, silicas and derivative products. Subject to customary closing conditions such as regulatory approvals, the transaction is expected to be completed in H2 2026. The parties have agreed not to disclose the financial details of the transaction. Read More…
H.I.G. Capital ("H.I.G.") announced that one of its affiliates has completed the acquisition of International Aerospace Coatings (IAC). Read More…
Covestro plans to reduce its energy consumption in Germany with the investment of a new steam compressor at its Dormagen site. The compressor is the company’s largest energy efficiency project to date and will save a low three-digit GWh volume of energy and more than 40,000 tons of CO2 emissions per year. Read More…
WEG announced the inauguration of its newest Coatings Distribution Center in Bogotá, Colombia, which took place on May 7, 2026. Read More…
Biesterfeld, an international distribution and service company in the field of polymers, rubber, specialty chemicals and ingredients, has acquired a majority stake in South Korean company OSP, a distributor of specialty chemicals and polymers for industrial applications. Read More…
PPG has announced the launch of its SEM® brand to the automotive repair industry in Mexico. The SEM brand manufactures products for vehicle surface preparation and repair, including abrasives and finishing products. Read More…