OQ Chemicals is rebranding and returning to its earlier name, Oxea, following its acquisition via funds managed by Strategic Value Partners, LLC and by Blantyre Capital. In 2013, Oxea was acquired by the Oman Oil Company (OOC). Subsequently, in 2020, Oxea was rebranded as OQ Chemicals to reflect its integration into the newly formed energy conglomerate OQ, which consolidated several Omani energy companies. Read More…
WACKER has commenced production of hybrid polymers at its Nünchritz site in Saxony, Germany. The new high-efficiency facility, which the company says will create 50 new jobs, is set to replace the existing production plant in Burghausen and significantly expand the WACKER’s hybrid polymer manufacturing capacity. These polymers are used as binders in the formulation of high-performance adhesives and sealants. Read More…
After successful launches in Europe and Asia, BASF’s ReSource, Glasurit® Eco Balance and R-M® eSense brands for the automotive refinish coatings market will now be introduced in North America this year. The company says these products further contribute to the reduction of CO2 emissions and circular economy. Read More…
California’s South Coast Air Quality Management District (SCAQMD) on May 6 issued a notice of public hearing for Proposed Amended Rule 1171 (Solvent Cleaning Operations). The district has also published the draft rule language and draft staff report on its website. Read More…
Perstorp and BRB, subsidiaries of PETRONAS Chemicals Group Berhad (PCG), have opened an innovation hub in Shanghai, China to boost technical support and accelerate growth in the Asian market. Read More…
Lamberti has acquired Covestro’s facility in East Providence, Rhode Island, marking a strategic expansion of its U.S. operations. The site will specialize in producing polyurethane dispersions (PUDs), including matte and ultra-matte polymers for CASE applications, industrial coatings, digital printing, and more. Read More…
INX International Ink Co. has completed its acquisition of Servicom New Zealand Limited and signed a definitive agreement to acquire Galaxy Inks & Coatings Australia Pty Ltd. The Galaxy transaction is expected to close by the end of the month, pending customary conditions. Read More…
PPG announced that it will invest $380 million to build a new aerospace coatings and sealants manufacturing facility in Shelby, N.C. Construction on the 62-acre site is set to commence in October 2025 and is expected to be completed in the first half of 2027. Read More…
WEG has signed a contract to acquire the assets of Heresite Protective Coatings, a Wisconsin-based industrial coatings company, for $9.5 million, subject to typical closing adjustments. The acquisition will be reflected in WEG’s financials beginning May 2025. Read More…
ACA presented its 2025 CoatingsTech Best Paper Award to David Fairhurst, Ph.D., president of Colloid Consultants, Ltd. Fairhurst received the honor at the 2025 CoatingsTech Conference for his paper, “Low Field (LF)-NMR Relaxation – A Useful Technique for QC and to Determine the Equivalency of Materials for Coatings Formulations,” coauthored by Ravi Sharma, Ph.D., and principal research fellow at Mageleka Inc.; and Ralph Jan Wörheide, M.Eng., and president and founder of Metromation Inc. Read More…