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The new facility will focus on innovation and technical customer support across several market segments, including coatings, adhesives, construction, textiles, mineral processing, paper and graphic arts.
BASF invests EUR 4 to 6 million in its facilities in order to improve the efficiency of the production lines.
Strengthening innovation activities in economically attractive regions supports Evonik’s growth strategy.
NRC distributes redispersible polymer powders, specialty additives and cellulose ethers by AkzoNobel for the construction and paint industries throughout Germany.
Italy is the third largest chemical distribution market in Europe and still very fragmented. It is therefore an ideal target market for Krahn Chemie.
The enterprise value of the transaction before debt and assumed liabilities amounts to EUR 257 million.
FutureCarbon GmbH will acquire the bulk of the corresponding patents from the past ten years.
Brenntag expands market coverage in Latin America through acquisition of specialty solvents distributor.
IST East Asia K.K., the new subsidiary of Germany-based UV curing systems supplier IST Metz GmbH, will be responsible for the Japanese and Korean market.
Groundbreaking for new HDI plant in Shanghai: with an annual capacity of 50,000 metric tons, the plant will be one of the largest facilities of its kind in the world.
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