Latest Business News

HORN to Partner with Borregaard

April 10, 2018 Business News
“Borregaard breaks through the norm with Exilva by offering a new, sustainable material that not only complements ‘green’ trends and water-based products, but delivers unique performance for new product lines.”

Axalta Announces New Names for the Spencer Coatings Group

April 9, 2018 Business News
Axalta has announced the new legal entity names for Spencer Coatings after its acquisition by Axalta in May 2017.

Brenntag North America to Partner with StanChem Polymers

April 5, 2018 Business News
Brenntagg will distribute StanChem Polymers’ emulsion polymers for adhesive, coating, elastomer, and sealant applications.

Grace Acquires Albemarle Polyolefin Catalysts Business

April 5, 2018 Business News
The acquired business primarily develops and manufactures proprietary and custom-manufactured single-site catalysts as well as metallocenes and activators used in the production of plastic resins.

AkzoNobel to Sell Specialty Chemicals to The Carlyle Group and GIC

April 5, 2018 Business News
This transaction reportedly creates two focused and high performing businesses — Paints and Coatings, and Specialty Chemicals — as part of its strategy announced in April 2017.

AkzoNobel Forms Partnerships to Explore Opportunities for Green Hydrogen and ‘Electrofuels’

March 26, 2018 Business News
Earlier this year AkzoNobel Specialty Chemicals and Dutch gas network operator Gasunie joined forces to investigate the possible large-scale conversion of sustainable electricity into green hydrogen via the electrolysis of water.

WACKER Opens Plant for Functional Silicone Fluids in India

March 26, 2018 Business News
The expansion is WACKER’s response to growing regional demand for specialty silicones for use in the textile, personal-care, rigid and flexible polyurethane foam, and agrochemical sectors, the company reported.

Oxea Names German DOTP Production Partner

March 26, 2018 Business News
The global chemical company Oxea aims to annually produce 60,000 metric tons of dioctyl terephthalate (DOTP), a general purpose non-ortho-phthalate plasticizer, in Europe by the second half of 2019.

Covestro to Sell its Global Polycarbonates Sheets Business

March 26, 2018 Business News
Covestro’s PCS sheets business located in Sheffield, Mass., which generated sales of about USD 170 million in 2017, has been sold to US-based acrylics sheets manufacturer Plaskolite LLC.

SONGWON Begins Bulk Manufacture of Monomers in South Korea

March 26, 2018 Business News
According to the company, these monomers provide resins and polymers with special functions, one of the most important being improvement of the physical and chemical properties of the final product.