Markets & Companies
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2021 will see large numbers of deals brought to closing
Covid-19 will drive consolidation in specific sectors of the chemicals industry, says Dr Otto Schulz, Partner and Head of Chemicals Practice at EY-Parthenon, a strategy consulting organisation. The paints...
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Lanxess acquires biocides specialist Intace
Specialty chemicals company Lanxess aims to expand its position as a leading manufacturer of biocides and antimicrobials by acquiring French company Intace.
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Akzo Nobel proposes to acquire Tikkurila for EUR 31.25 per share
As a reaction to PPGs offer to acquire Tikkurila, Akzo Nobel has made a comprehensive non-binding proposal to acquire the Finnish company as well. The proposal includes an all-cash public offer for all...
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PPG to acquire coatings manufacturer Versaflex
PPG announced that it has reached a definitive agreement to acquire Versaflex, a manufacturer specialising in polyurea, epoxy and polyurethane coatings for water and waste water infrastructure, flooring,...
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PPG to acquire Wörwag
PPG announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first...
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Songwon further strengthens its commitment to China’s coatings industry
Over the past year, Songwon, manufacturer of polymer stabilisers, has continued to strengthen its commitment to the coatings industry in China.
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BCF welcomes FTA but calls for more significant changes to UK REACH
The British Coatings Federation (BCF) has welcomed the news of a Free Trade Agreement between the UK and EU.
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Huntsman completes the sale of shares in Venator
Huntsman has completed the sale of approximately 42.4 million ordinary shares of Venator to funds advised by SK Capital Partners.
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Akzo Nobel acquires New Nautical Coatings
Akzo Nobel is set to increase its presence in the North American yacht coatings market after agreeing to acquire New Nautical Coatings. Financial details are not disclosed.
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Safic Alcan announces extended partnership with Orion Engineered Carbons
Safic-Alcan has entered into an extended distribution agreement with Orion Engineered Carbons in South Africa, effective January 1st., 2021.
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IGM Resins successfully produces first batch of photoinitiator in Anqing
Precisely 13 months after the formal groundbreaking ceremony, IGM Resins has produced the first batch of photoinitiator in Anqing, China.
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Brenntag signs distribution agreement with Elementis Specialties
Brenntag Canada, part of the Brenntag Group, has signed an agreement with Elementis Specialties for distribution in Canada.
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Eastern Coatings Show rescheduled to June 2021
The Eastern Coatings Federation announced the Eastern Coatings Show (ECS) has been rescheduled to June 9-11, 2021 at Harrah’s Resort in Atlantic City.