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Saudi Aramco stated it plans to manufacture and market Converge and associated products through its subsidiary, Aramco Performance Materials LLC (APM).
The AUDIOGUARD line includes waterborne, spray-applied coatings that provide vibration damping and interior vehicle noise reduction.
According to the company, Green Biologics is in the process of starting its first commercial production facility for renewable n-butanol and acetone in Little Falls, Minn., and aims to begin commercial shipments to customers by late 2016.
Ferro expects synergies in excess of $10 million, with $6 million realized within the first three years of operation.
The three-year project has doubled the size of the production installation, warehouse, and office space to more than 6,000 square meters.
The acquisition of the UK-based company is intended to expand Sun Chemical’s position in the printed electronics global marketplace, the company stated.
Shaver stated that with the new facility, Axalta will be more effective and efficient in building the brand and enabling customers to maximize the benefits of Axatla’s products, especially waterborne coating systems.
According to Sika, bonding technology has huge advantages over welding and helps the automotive industry respond to current trends in modern vehicle construction, such as crash resistance, lightweight construction, and mixed material design.
The group’s first agreement is to buy electricity from Windpark Krammer, which was established by two cooperatives together with 4,000 members in the province of Zeeland and the island of Goeree-Overflakkee.
A new manufacturing unit and a dedicated new laboratory to provide both application development and technical support is included in the project, Arkema stated.