OQ Chemicals is rebranding and returning to its earlier name, Oxea, following its acquisition via funds managed by Strategic Value Partners, LLC and by Blantyre Capital. In 2013, Oxea was acquired by the Oman Oil Company (OOC). Subsequently, in 2020, Oxea was rebranded as OQ Chemicals to reflect its integration into the newly formed energy conglomerate OQ, which consolidated several Omani energy companies. Read More…

WACKER has commenced production of hybrid polymers at its Nünchritz site in Saxony, Germany. The new high-efficiency facility, which the company says will create 50 new jobs, is set to replace the existing production plant in Burghausen and significantly expand the WACKER’s hybrid polymer manufacturing capacity. These polymers are used as binders in the formulation of high-performance adhesives and sealants. Read More…

After successful launches in Europe and Asia, BASF’s ReSource, Glasurit® Eco Balance and R-M® eSense brands for the automotive refinish coatings market will now be introduced in North America this year. The company says these products further contribute to the reduction of CO2 emissions and circular economy. Read More…

Perstorp and BRB, subsidiaries of PETRONAS Chemicals Group Berhad (PCG), have opened an innovation hub in Shanghai, China to boost technical support and accelerate growth in the Asian market. Read More…