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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 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.
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.
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.
The transaction includes UBench International NV, CarRoll BVBA, and DLight BVBA. Regulatory approvals are not required.
The company stated that the plant is built in accordance with Henkel’s highest sustainability standards and that it is equipped with technologies to ensure an efficient use of natural resources and to limit the impact of its operations on the environment.
Prior to this laboratory opening, the research activities conducted in Besigheim had mainly taken place in Ludwigshafen. Haunschild stated that the laboratory opening shows that the company regularly invests in the Besigheim site.
Covestro reported that the decision was part of the company’s ongoing portfolio optimization process, which includes the divestment of all polycarbonate sheets businesses.
This new opportunity allows the Group to leverage our proprietary technologies and deep experience operating intermediates facilities in Europe and Asia.
U-C Coatings stated that with the addition of Eco Chemical’s innovative products and customization capabilities, it is well positioned for accelerated growth and will be able to serve customers as a complete provider of stains and coatings in both the hardwood and softwood markets.