AkzoNobel has signed an agreement to sell Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, which is part of the Packages Group. The transaction is based on a total enterprise value of 16.2 billion Pakistani rupee (approximately $58 million), at an EV/EBITDA multiple of 14x. Read More…
Evonik has inaugurated the expansion of its specialty amine production facility in Nanjing, China. According to the company, this investment significantly strengthens the Evonik’s capability to supply amine‑based additives for polyurethane and epoxy applications, supporting future market development and advancing the company’s long‑term global strategy. Read More…
PPG has completed the acquisition of Ozark Materials, LLC, a U.S.-based provider of pavement marking solutions, from Ingevity Corporation. The all-cash transaction includes a purchase price of $65 million, subject to customary adjustments. Read More…
Shrieve Chemical Company (Shrieve), a portfolio company of Gemspring Capital and a global distributor of specialized chemicals, announced it has acquired Vertec BioSolvents (Vertec), a manufacturer of bio-based solvents headquartered in West Chicago, Ill. Terms of the transaction were not disclosed. Read More…
Nouryon is expanding production capacity for its Levasil® colloidal silica at its manufacturing site in Guangzhou, China, to serve fast-growing segments like emissions control catalysts, electrical steel coatings, and non-stick coatings for cookware across Asia Pacific. According to the company, by bringing production closer to customers, Nouryon will supply a broader range of Levasil grades with shorter lead times. Read More…
Syensqo and Shell Chemicals Europe B.V. have partnered to supply mass-balanced, low-carbon ethylene oxide (EO) solutions for the agricultural and industrial markets, it says enable reduced product carbon footprint (PCF) without compromising performance. Read More…
WACKER has opened a new 15,000-square-meter production complex for manufacturing silicone emulsions that is operational at its Panagarh site in India. The facility produces GMP-certified silicones for the cosmetics and personal care industries. According to the company, the new plant will increase the Group’s silicone emulsion production capacities in India significantly. The expansion will create 60 new jobs at the site. Read More…
Chemetall and Azelis, the reference innovation service provider in the specialty chemicals and food ingredients industry, have expanded their distribution partnership agreement in Canada. Azelis has been appointed to distribute Chemetall’s surface treatment for general industrial applications throughout Canada. Read More…
Biesterfeld, a distribution and service company in the field of polymers, rubber, specialty chemicals and ingredients, and the Turkish specialty chemicals manufacturer Organik Kimya have entered a strategic distribution partnership where Biesterfeld will distribute the ORP® and ORGAL® product families in Germany, Austria and Switzerland. Read More…
RPM International Inc. announced that it has completed the previously announced acquisition of Kalzip GmbH (“Kalzip”) for its Tremco Construction Products Group (“Tremco CPG”). Kalzip, a designer and producer of metal-based roofs and facades for building envelopes headquartered in Koblenz, Germany, specializes in customized lightweight, weather-resistant building envelope technologies. Read More…