BASF has divested its shares in the joint venture companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. Following approval by the relevant authorities, the transaction was completed effective April 21, 2025. Both parties have agreed not to disclose financial details of the transaction. Read More…
Nouryon has been recognized with a 2025 Gold rating by EcoVadis for its sustainability and corporate social responsibility (CSR) initiatives and achievements. This is the fourth consecutive year that Nouryon has been awarded an EcoVadis Gold rating or higher. Read More…
PPG announced the opening of an automotive coatings color creation studio at the PPG Global Coatings Innovation Center in Tianjin, China. According to PPG, the studio, which is equipped with state-of-the-art equipment to ensure high-precision color presentation and immersive experiences for clients as well as the latest software tools to enhance color design support, enables brands to quickly respond to market trends and strengthen product competitiveness. Read More…
Nordson Industrial Coatings Solutions (ICS), has announced the opening of its state-of-the-art manufacturing facility, designed to significantly enhance production capabilities and meet the growing demand of its customers. Located in Clinton, S.C., ICS says its new facility spans 225,000 square feet and is equipped with advanced technology, cutting-edge machinery and enhanced production lines. Read More…
CRTS Global LLC (CRTS), a portfolio company of Voyager Interests and a Houston-based private equity firm announced its acquisition of RAE Energy’s coatings business (RAE Coatings). The acquisition allows CRTS to deliver internal and external pipeline field joint coating solutions for the offshore sector. Read More…
BASF Coatings and Li Auto Inc. have announced the signing of a Memorandum of Strategic Cooperation, with the primary goal of promoting and implementing painting innovations powered by sustainability and digital innovations. Read More…
The Bodo Möller Chemie Group is expanding its portfolio through a strategic partnership with Henkel Sonderhoff. Bodo Möller Chemie is distributing Sonderhoff formed-in-place foam gaskets technology (FIPFG) by Henkel Sonderhoff in 28 European countries, including Germany, Austria, France, and Switzerland. Read More…
Covestro has completed the modernization of its TDI (Toluene Diisocyanate) plant in Dormagen, Germany. At an event with around 60 invited guests from politics, business, and staff, Covestro officially commissioned the plant and announced its new target for increasing energy efficiency in production. Read More…
Microban International has launched AkoTech, an advanced platform of multifunctional coating technologies that enhance and protect a broad spectrum of products, and which it says provides benefits such as excellent hardness, adhesion, water and oil repellency and chemical resistance. Read More…
The Chemours Company and Energy Fuels Inc. announced they are forming a strategic alliance to expand the companies’ existing relationship to enhance U.S. domestic rare earth and critical mineral supply chains to meet increasing demand. Read More…