News Markets & Companies
Peter Lacke breaks ground on high-performance coatings plant in China
German coatings manufacturer Peter Lacke has begun construction of a new production facility in Huizhou, China. The plant, with an annual capacity of 5,000 tonnes, is central to its global growth strategy...
News Markets & Companies
BASF announces 2025 results and outlines job cuts amid cost-saving drive
BASF has published its 2025 financial results, revealing progress in its restructuring under the “Winning Ways” strategy. The company confirmed significant workforce reductions as part of its efforts...
News Markets & Companies
Covestro concludes fiscal year 2025 within narrowed guidance range
Despite declining revenues and a net loss, Covestro has achieved its revised targets for 2025. Strategic initiatives such as partnerships, acquisitions, and efficiency programmes highlight the company’s...
News Markets & Companies
Elkem announces sale of majority stake in Silicones division to Bluestar
Elkem ASA has announced a definitive agreement to sell the majority of its Silicones division to Bluestar, its largest shareholder. The transaction will be settled by redeeming Bluestar’s 338,338,536...
News Markets & Companies
Toyo Ink Europe rolls out GIO-compliant UV flexo and UV offset ink portfolio
Toyo Ink Europe has introduced a comprehensive portfolio of UV and LED UV curable inks compliant with the German Printing Ink Ordinance (GIO). Designed for food-safe packaging applications, these inks...
News Markets & Companies
Sun Chemical invests in quinacridone pigment production in Delaware
Sun Chemical, a subsidiary of DIC Corporation, is investing EUR 9.2 million to expand its quinacridone pigment production in Newport, Delaware. The initiative aims to enhance production capacity, improve...
News Markets & Companies
Sika to acquire Akkim, advancing global adhesives and sealants expansion
Sika has confirmed plans to acquire Akkim, a Turkey-based adhesives and sealants manufacturer, in a strategic move aimed at strengthening its position in high-growth markets and expanding production capabilities....
News Markets & Companies
Mutares acquires Venator’s ultramarine blue pigments business
Mutares has completed the acquisition of Venator Pigments France SAS, a leading global producer of ultramarine pigments. This move strengthens Mutares’ Chemicals & Materials segment and positions...
News Markets & Companies
BASF strengthens production capacity in India with new dispersions line
BASF is expanding its operations in India by adding a new dispersions production line at its Mangalore site. This investment aims to meet growing local demand for high-quality dispersions in paints, coatings,...
News Markets & Companies
Akzo Nobel achieves significant profit margin growth in 2025 through strategic measures
The Dutch coatings manufacturer Akzo Nobel closed its 2025 fiscal year with a substantial increase in profit margins. Cost efficiency improvements, product portfolio optimisation, and investments in sustainable...
News Markets & Companies
European chemical sector faces closures and investment crisis
The European chemical industry is grappling with significant challenges as plant closures multiply and investment levels plummet. A new report by CEFIC highlights alarming trends that threaten the sector's...
News Markets & Companies
Evonik expands global production of hydroxyl-terminated polybutadienes
Evonik is strengthening its global footprint with a significant capacity expansion for hydroxyl-terminated polybutadienes (HTPB). The German chemicals group is investing in its Marl facility and establishing...
News Markets & Companies
Visco Tec strengthens North American market presence with new branch in Mexico
Visco Tec has expanded its global footprint by acquiring its long-standing Mexican partner MEI Representaciones and establishing a new branch in Querétaro.
News Markets & Companies
Henkel partners with Sekab to introduce bio-based adhesives
Henkel has announced a collaboration with Swedish company Sekab to replace fossil-based ethyl acetate with bio-based alternatives in adhesive production. This strategic move aims to enhance sustainability...