Markets & Companies
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Covestro revises full-year forecast after weak second quarter
Persistent price pressure, new trade tariffs and overcapacity weighed on Covestro’s performance in Q2 2025. The company has lowered its full-year EBITDA and cash flow outlook but continues to pursue...
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Market overview: Industrial wood coatings
Nearly two-thirds of the European market for industrial wood coatings are concentrated in Western Europe, with Italy and Germany being the most important national markets.
News Markets & Companies
Organik Kimya boosts water-based emulsion polymer capacity
Turkish speciality chemicals producer Organik Kimya has commissioned a new high-performance reactor at its Istanbul site, significantly expanding production of water-based emulsion polymers. The investment...
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Lanxess responds to weak demand with plant closures and reduced earnings guidance
Lanxess has announced further cost-cutting measures, including the closure of production sites in Germany, the UK and the USA. The company has lowered its 2025 EBITDA forecast, citing continued weak demand,...
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Covestro expands isocyanate portfolio with acquisition of former Vencorex sites
Covestro has acquired two production sites for HDI derivatives in the USA and Thailand, strengthening its global network for aliphatic isocyanates and advancing its growth strategy in the Solutions &...
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“India is a key market” – Lanxess invests in innovation hub in India
Namitesh Roy Choudhury, Vice Chairman & Managing Director, Lanxess India Private Limited, talks about the inauguration of the new India Application Development Center (IADC), the growth potential of...
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Bodo Möller Chemie strengthens Spanish market presence by integrating Quitec customer base
Bodo Möller Chemie Group has acquired customer contacts from long-standing Henkel partner Quitec. The move aims to expand the company’s position in surface treatment and deepen cooperation with Henkel....
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Songwon reports Q2/2025 revenue decline amid ongoing margin pressure
South Korea’s Songwon Industrial Group posted a 3.0 % year-on-year revenue drop and a loss of KRW 1.48 billion in Q2/2025. While Industrial Chemicals faced weak demand, Performance Chemicals achieved...
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Songwon strengthens polymer stabiliser distribution in Southeastern Europe with extended Biesterfeld partnership
Songwon Industrial is expanding its market presence in Southeastern Europe. Since July, Biesterfeld Spezialchemie has been the exclusive distributor for polymer stabilisers in seven countries across the...
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Siegwerk expands packaging coatings portfolio with Allinova acquisition
Siegwerk has signed an agreement to acquire Dutch coatings specialist Allinova, strengthening its expertise in functional and sustainable packaging solutions and expanding its product portfolio with water-based...
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Śnieżka publishes 2024 integrated report in line with CSRD Directive
The Śnieżka Group has released its 2024 annual report, combining financial and operational data with ESG information prepared for the first time in accordance with the CSRD Directive and externally...
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Jotun reports revenue and profit growth in early 2025
Norwegian paints and coatings manufacturer Jotun recorded higher revenues and earnings in the first four months of 2025, with all regions and product segments contributing to growth.
News Markets & Companies
Interview: Construction chemistry in transition
Sustainability, circular economy and technological innovation are driving forces shaping the construction industry. We spoke to Ana Sampaio, Team Leader at CeNTI (Centre for Nanotechnology and Advanced...
News Markets & Companies
Axalta posts record Adjusted EBITDA in Q2 2025
Axalta Coating Systems reported Q2 2025 results with record Adjusted EBITDA of USD 292 million and a margin increase to 22.4 %. While net sales declined slightly, disciplined cost management and price-mix...