Latest Business News

Covestro to Invest in World-scale MDI Plant in Baytown, Texas

October 22, 2018 Business News
Covestro’s total MDI capacities in the NAFTA region will reach around 740 kilotons per year making Covestro the industry capacity leader in the region by 2024, the company stated.

Stahl Opens Center of Excellence for Powder Coatings in Barcelona

October 22, 2018 Business News
The strategic location of this knowledge and testing center will also enable Stahl to accelerate its services for the main European markets, the company stated.

AkzoNobel Specialty Chemicals is Now Nouryon

October 22, 2018 Business News
The move follows the recent acquisition of the business by The Carlyle Group and marks the company’s transition to becoming an independent, global specialty chemicals leader, AkzoNobel stated.

Evonik Appoints EMCO-INORTECH ULC as Distributor for Polyurethane CASE in Canada

October 22, 2018 Business News
According to Evonik, this new partnership with EMCO-INORTECH ULC will give Canadian formulators access to the highest level of products and services.

INX International Opens Brazil Metal Decorating Facility

October 22, 2018 Business News
Located in Sao Paulo, the 24,000 square-foot facility is its first new complex in South America since Creative INX was acquired in December 2016 and is designed to manufacture approximately nine million pounds of product annually.

Arkema Expands Manufacturing of Alkyd Emulsions for Sustainable Formulating

October 22, 2018 Business News
Arkema reported that the investment to localize production of SYNAQUA in North America will enhance the company’s ability to meet growing customer demand.

Hempel Group Completes Acquisition of J.W. Ostendorf

October 8, 2018 Business News
The acquisition also includes Decorative Europe as part of Hempel.

ShayoNano to Build Manufacturing Facility

October 8, 2018 Business News
The company’s $14.7 million investment is expected to bring approximately 40 new jobs to the community, ShayoNano reported.

Univar Appointed Distributor for Braskem's Polyisobutylenes

October 8, 2018 Business News
The agreement is reportedly an extension of Univar's lubricants, adhesives, and cosmetics portfolio featuring a combination of products and services designed to meet increasing customer demand.

OMNOVA Acquires Resiquímica, S.A.

October 8, 2018 Business News
Geographic markets served by Resiquímica include Portugal, Spain, France, and North Africa.