Sika has agreed to acquire Akkim, a Turkey-based global manufacturer of adhesives and sealants. According to Sika, the acquisition will strengthen its position in the global adhesives and sealants market and create significant growth opportunities. Read More…
Westlake Corporation announced that Westlake Epoxy will expand its long-standing distribution agreement with Brenntag to South and West India. The move builds on a successful collaboration spanning Europe, North and South America, and Southeast Asia. Read More…
Henkel has agreed to acquire the Dutch-based Stahl Group (“Stahl”), which is majority-owned by the French Private Equity firm Wendel SE, for a purchase price of €2.1 billion. Read More…
BASF is advancing the transformation of its Global Business Services organization. The company plans to bundle Finance and Human Resources services into a new global hub in India and consolidate Supply Chain services at its existing hub in Kuala Lumpur, while keeping certain activities regional or local to stay close to operations. Read More…
Lubrizol announced the opening of its new office in Bangkok, Thailand, which it says underscores its continued commitment to Southeast Asia market and supporting the success of local customers in Thailand. Read More…
Evonik is reinforcing its growth strategy by strengthening its global production infrastructure for hydroxyl-terminated polybutadienes (HTPB). This follows significant investments made over the past two years, including the expansion of HTPB production capacity at its Marl, Germany site in 2024 and the establishment of a production facility for POLYVEST® ST-E 60 polybutadienes in Shanghai, China, in 2025. Read More…