Latest Business News

Arkema to Increase Kynar® Fluoropolymer Capacities at its Changshu Plant

October 18, 2019 Business News
Arkema stated that this increase in capacity is driven by the continued strong growth in the lithium-ion battery market for electric vehicles and it is consistent with their strategy to supply its customers from plants located in the same region.

Trinseo Acquires Dow’s Latex Binders Assets and Rheinmunster Site in Germany

October 18, 2019 Business News
The transaction includes full ownership and operational control of both latex production facilities at Rheinmunster, as well as site infrastructure and services contracts, and approximately 108 employees who have transferred from Dow to Trinseo.

LCY Elastomers LP Appoints Azelis Americas CASE as Distributor for Globalprene® Thermoplastic Elastomers in the United States

October 18, 2019 Business News
Customers will now have access to LCY’s Globalprene® product line from all Azelis Americas CASE regions and be able to utilize the formulation expertise from Azelis CASE applications labs, the company reported.

Axalta Acquires Manufacturing Site in Turkey for Powder Coatings

October 18, 2019 Business News
The facility, which is currently being upgraded, is expected to host the production of all Axalta’s premium powder product ranges including the Matt (AE30 & SD30), Fine Textured (AE03 & SD03), and Semi-Gloss (AE70 & SD70) collections all designed for architectural applications. 

Nouryon to Expand Ethylene Amines Offering with New Technology

October 18, 2019 Business News
Front-End Engineering Design (FEED) activities for a world-scale manufacturing facility based on this new technology are expected to start by the end of 2019.

Maroon Group Acquires Cambrian Solutions Inc.

October 7, 2019 Business News
Cambrian’s leadership team will continue to actively manage the business on a day-to-day basis while leveraging Maroon Group’s global network of resources, according to the companies.

Azelis to Acquire Orkila

October 7, 2019 Business News
Azelis stated that the acquisition creates a unique combination of its innovation and formulation potential, its EcoVadis Gold status, and international reach on one side and the strong local presence, regional expertise, and excellent reputation of Orkila on the other.

Omya and Cimbar Announce U.S. Distribution Agreement

October 7, 2019 Business News
Cimbar Performance Minerals stated that it sees the partnership with Omya as a continuation of its goal to be a premier supplier of mineral based additive solutions.

ALTANA Acquires Office Color Science Co.

October 7, 2019 Business News
Within the ALTANA Group, the business will be integrated into the Instruments business line of the BYK division (BYK-Gardner), and marketed as BYK-Gardner V/R Solutions.

BASF Acquires Majority Share of UBench

October 7, 2019 Business News
The transaction includes UBench International NV, CarRoll BVBA, and DLight BVBA. Regulatory approvals are not required.