Lamberti has acquired Covestro’s facility in East Providence, Rhode Island, marking a strategic expansion of its U.S. operations. The site will specialize in producing polyurethane dispersions (PUDs), including matte and ultra-matte polymers for CASE applications, industrial coatings, digital printing, and more. Read More…
INX International Ink Co. has completed its acquisition of Servicom New Zealand Limited and signed a definitive agreement to acquire Galaxy Inks & Coatings Australia Pty Ltd. The Galaxy transaction is expected to close by the end of the month, pending customary conditions. Read More…
PPG announced that it will invest $380 million to build a new aerospace coatings and sealants manufacturing facility in Shelby, N.C. Construction on the 62-acre site is set to commence in October 2025 and is expected to be completed in the first half of 2027. Read More…
WEG has signed a contract to acquire the assets of Heresite Protective Coatings, a Wisconsin-based industrial coatings company, for $9.5 million, subject to typical closing adjustments. The acquisition will be reflected in WEG’s financials beginning May 2025. Read More…
AkzoNobel announced that it has partnered with IPG Photonics on applying laser technology for curing powder coatings. Read More…
Strategic Value Partners, LLC and its affiliates (together, "SVP") and Blantyre Capital Limited ("Blantyre") announced that SVP-managed funds and Blantyre-managed funds have acquired OQ Chemicals (OXEA), a global producer and merchant of oxo chemicals. As part of the acquisition, OQ Chemicals will reinstate its name to OXEA, reaffirming its heritage and longstanding presence in the global chemicals industry. Read More…