Industry

Gelest Completes New Production Facility

Gelest, Inc., a supplier of specialty silicones, organosilanes, metal-organics, and acrylate monomers for advanced technology end markets—including coatings and adhesives—announced the grand opening of a new 50,000-square-foot production facility at its global headquarters in Morrisville, Pa. Located on a revitalized U.S. EPA Brownfield site, the facility expands Gelest’s production capabilities and supports applications ranging from microelectronics and medical devices to advanced thermal coatings and mobility. Read More…

AkzoNobel Launches New Coating System in China

AkzoNobel has introduced in China a new thermal insulation coating system designed to reduce building temperatures and enhance energy efficiency. Developed by the company’s Decorative Paints business, the company says its innovative system features a radiative cooling topcoat and a thermal radiation barrier mid-coat—together functioning like a sunscreen for buildings. According to AkzoNobel, the mid-coat can lower surface temperatures by up to 10% during hot summer months compared to traditional coatings. Read More…

Covestro Receives ISCC PLUS Certification for Site in West Virginia

Covestro has secured the ISCC (International Sustainability and Carbon Certification) PLUS certification for its site in South Charleston, West Virginia. The site specializes in the production of base polyether polyols and polymer polyols. These materials are used in a range of applications including automotive seating, mattresses, furniture, and more. Read More…

Strategic Value Partners and Blantyre Capital Acquire OQ Chemicals

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…