Covestro and Encina have reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic. Specifically, Encina will supply Covestro with benzene and toluene pending the completion of Encina’s production facility, anticipated to come online at the end of 2027. Read More…
Evonik has announced the full takeover of former joint venture Thai Peroxide Company Limited (TPL), located in Saraburi, Thailand. With the acquisition, the global peroxides producer is expanding its offer of specialty-grade hydrogen peroxide and peracetic acid in the growing Asia-Pacific market. According to the company, the move supports Evonik’s Active Oxygens business line in pursuing a strategic focus on specialties for future-forward applications. Read More…
BYK Netherlands B.V. has broken ground for the construction of a new factory in Deventer, the Netherlands. The new production facility will manufacture solvent-based wax dispersions and replace the current facility with a process installation. Read More…
The specialty chemicals group ALTANA has entered into an agreement to acquire the Silberline Group, which specializes in developing and manufacturing effect pigments utilized in applications including automotive coatings and printing inks, plastics, protective coatings, and packaged consumer goods. Read More…
International Inc. has officially opened its Innovation Center of Excellence in Greensboro, North Carolina. According to the company, the 60,000-square-foot facility is the first shared research and development center for RPM companies, and is designed to foster partnership and harness collective expertise among RPM companies to accelerate innovation for their customers. The company says that the facility represents a continuation of the increased collaboration developed through MAP 2025 (Margin Achievement Plan) initiatives. Read More…
Peninsula Polymers, a distributor of specialty coatings and raw materials, has announced the acquisition of a new 32,000 square foot facility in Fort Wayne, Indiana. Read More…