Covestro has signed an agreement with Vencorex Holding SAS, a subsidiary of Thai chemical company PTT Global Chemical Public Company Limited, to acquire two legal entities with stand-alone production sites for hexamethylene diisocyanate (HDI) derivatives in Rayong, Thailand and Freeport, Texas. HDI derivatives are an essential component of polyurethanes coatings, adhesives and sealants. Read More…
The Chemours Company (Chemours) announced that it has signed strategic agreements with SRF Limited (SRF), a manufacturer of industrial and specialty intermediates, including fluoropolymers. Read More…
Global New Material International Holdings Limited (GNMI) has completed its €665 million acquisition of Merck’s Surface Solutions business (“Surface Solutions”), which will continue under the “Susonity” brand. Read More…
Hempel A/S has inaugurated its new office in Pune, India. According to the company, the office will accommodate colleagues primarily within Digital and Finance. Its proximity to Mumbai, where the company already has a strong presence, will give the company access to more talent in the region and position it perfectly to support their global operations. Read More…
Engineered Resin Solutions (ERS), a division of Schmidt Industrial Services and a provider of advanced epoxy coatings and surface protection solutions, announced its expansion into Florida and the broader Southeast. The move includes the opening of a regional office in Fort Lauderdale, and the hiring of Taylor Greene to lead operations in the region. Read More…
Teknos Group Oy and UP Catalyst, an Estonian deep-tech company that converts CO₂ emissions into carbon materials, have signed a memorandum of understanding (MoU) to advance sustainable carbon materials for paint and coating applications. The collaboration represents a strategic step towards developing and commercializing sustainable alternatives to fossil-based carbon black for use in powder coatings and wet paints. Read More…
NCP Coatings LLC, (NCP), a manufacturer of industrial and military coatings backed by Century Park Capital Partners, has acquired Glyptal Inc., (Glyptal), a specialty provider of insulating coatings used in electric motors, transformers, coils, and other industrial applications. Read More…
BASF has reached a major construction milestone at its Zhanjiang Verbund site in China, with the successful mechanical completion of the first batch of plants in the acrylics complex, including the glacial acrylic acid (GAA) and butyl acrylate (BA) plants. Read More…
Graco Inc. announced it has entered into a definitive agreement to acquire Color Service S.R.L., a global manufacturer of automated dosing systems for powder and liquid applications for €63 million, subject to customary adjustments. The transaction is expected to close in Graco’s fiscal third quarter, following the satisfaction of closing conditions. Read More…
Dürr, a provider in painting and industrial automation technologies, has entered a partnership with Cetec, the first integrator of liquid painting solutions for general industry in Brazil. This partnership enables the structured delivery of Dürr technologies to a broader range of Brazilian industries. Cetec is one of Brazil's leading manufacturers of industrial paint systems. Read More…