Business

Covestro Expands Specialty Isocyanate Footprint

Covestro has signed an agreement with Vencorex Holding SAS, a subsidiary of Thai chemical company PTT Global Chemical Public Company Limited, to acquire two legal entities with stand-alone production sites for hexamethylene diisocyanate (HDI) derivatives in Rayong, Thailand and Freeport, Texas. HDI derivatives are an essential component of polyurethanes coatings, adhesives and sealants. Read More…

GNMI Finalizes Acquisition

Global New Material International Holdings Limited (GNMI) has completed its €665 million acquisition of Merck’s Surface Solutions business (“Surface Solutions”), which will continue under the “Susonity” brand. Read More…

Hempel A/S Opens New Office in India

Hempel A/S has inaugurated its new office in Pune, India. According to the company, the office will accommodate colleagues primarily within Digital and Finance. Its proximity to Mumbai, where the company already has a strong presence, will give the company access to more talent in the region and position it perfectly to support their global operations. Read More…

Engineered Resin Solutions Expands

Engineered Resin Solutions (ERS), a division of Schmidt Industrial Services and a provider of advanced epoxy coatings and surface protection solutions, announced its expansion into Florida and the broader Southeast. The move includes the opening of a regional office in Fort Lauderdale, and the hiring of Taylor Greene to lead operations in the region. Read More…

Teknos Group Oy and UP Catalyst Collaborate on Carbon Materials

Teknos Group Oy and UP Catalyst, an Estonian deep-tech company that converts CO₂ emissions into carbon materials, have signed a memorandum of understanding (MoU) to advance sustainable carbon materials for paint and coating applications. The collaboration represents a strategic step towards developing and commercializing sustainable alternatives to fossil-based carbon black for use in powder coatings and wet paints. Read More…