Solvay announced the installation completion of its new thermoplastic composites (TPC) manufacturing facility at its Greenville, S.C., site. Solvay says that at full production capacity, the new line will add more than 30 positions at the 27,000-square-foot facility.
Axalta Coating Systems has completed the acquisition of U-POL Holdings Limited. The acquisition of U-POL, a supplier of paint, protective coatings and accessories primarily for the automotive aftermarket, supports Axalta’s broader growth strategy, according to the company.
RPM International Inc. has procured a 178,000-square-foot chemical manufacturing facility in Texas from ChampionX Corporation for an undisclosed amount. It will be owned and operated by RPM’s Tremco Construction Products Group.
Ferro Corporation, a supplier of technology-based functional coatings and color solutions, announced it will be acquired by an affiliate of Prince International Corporation, PMHC Fortune Merger Sub, Inc.
Barentz has entered a distribution agreement with Dixie Chemical, a manufacturer of anhydrides and smart materials for thermoset composites, coatings materials, fuel additives, lubricants and paper sizing.
Azelis entered a new distribution agreement with Forward AM, the BASF 3D Printing Solutions brand, for their additive manufacturing range in India, Australia and New Zealand. According to the company, the partnership, which is effective immediately, is designed to strengthen the Azelis portfolio in the highly innovative segment of the rubber and plastics industry across the Asia Pacific region.
LANXESS says it has signed an agreement to take over the microbial control business of the U.S.-based International Flavors & Fragrances Inc. (IFF). IFF Microbial Control is a supplier of antimicrobial active ingredients and formulations for material protection, preservatives and disinfectants. According to the company, the products are used in a wide range of applications, particularly in personal care and...
Nouryon recently announced that Nouryon B.V., an affiliated entity that is expected to become the parent company of the Nouryon group, has confidentially submitted a draft registration statement on Form F-1 with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering (IPO) of its ordinary shares.
Ashland Global Holdings, Inc. has entered an uncollared accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank, National Association, to repurchase an aggregate of $450 million of Ashland common stock, with an initial delivery of approximately 3.9 million shares. The program is subject to the $1 billion share repurchase program authorized by Ashland Board of Directors on March 15, 2018,...
Odyssey Investment Partners has acquired Painters Supply & Equipment Co. (PSE), a specialty distributor of paint, coatings and related consumables serving the automotive refinish, commercial and diversified industrial markets. Financial terms of the transaction were not disclosed.