Perstorp has closed a deal to buy out its minority partner in the joint venture Shandong Perstorp Chemical Co., Ltd. (formerly Shandong Fufeng Perstorp Chemical Co., Ltd.), which owned and operated the polyol manufacturing operation at Site Zibo located in Shangdon province in China. Read More…
AkzoNobel has opened a €26 million manufacturing plant in Faisalabad, the company’s largest investment in Pakistan to date. Read More…
The Brazilian company WEG has announced an investment of R$100 million in its new industrial coatings factory in Mexico. Read More…
Cytek® Biosciences, Inc. has announced the opening of a 50,000-square-foot facility in Wuxi, China to increase the company's manufacturing capacity and meet the growing worldwide demand for comprehensive cell analysis solutions. Read More…
ACA's new U.S. Market Analysis for the Paint & Coatings Industry (2023–2028) offers quantitative and qualitative data analysis, with 5-year projections for sector and segment performance. Read More…
Bodo Möller Chemie has acquired 50.1 percent of distribution company Losi Group, a solutions provider for bonding composite materials and surface technologies for the aerospace industry, defense sector, MRO, motorsport, and the high-tech automotive industry. Founded in 1988 and based in Casalpusterlengo, Italy, the Losi Group advises and supplies more than 250 clients in more than 50 countries. Read More…
Sweden-based specialty chemicals company Perstorp has built and commissioned an ISCC Plus certified plant in Sayakha, Bharuch, in the state of Gujarat, India to produce Penta chemicals. Read More…
LANXESS Corporation’s Material Protection Products business unit has expanded distribution partnerships with Lintech International, Omya Specialty Minerals, and DKSH for industrial preservatives in North America. The agreements enlarge the distributors’ portfolios into the Coatings, Adhesives, Sealants and Elastomer (CASE), and other building materials markets, following LANXESS’ acquisition of IFF’s microbial control business in July, 2022. All three distributors now represent LANXESS’ full industrial preservatives portfolio for these markets. Read More…
INEOS Automotive and BASF’s Coatings division have signed an agreement for global automotive refinish body and paint development. The companies report that they will commit to a long-term collaboration that enables them to exceed the industry standard in vehicle body repair and paint refinish. The partnership includes the supply of sustainable refinish solutions, expertise, and latest digital color-matching solutions, and training. Read More…
Energy supplier Vattenfall and specialty chemicals company Evonik have concluded new long-term electricity supply contracts. As of 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of 10 years and fixed conditions. Read More…