Markets & Companies
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Axalta’s Automotive Colour of the Year 2023: “Techno Blue
Axalta Coating Systems has announced its 2023 Global Automotive Colour of the Year – "Techno Blue". This is the 9th year the company has featured a trending colour.
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Cost-saving measures: Dow cuts 2000 jobs
Dow has outlined a series of targeted actions aligned to its previously stated plan to achieve aproximately EUR 0,92 billion in cost savings in 2023.
News Markets & Companies
BASF publishes “Color Report 2022 for Automotive OEM Coatings
As they have for several years, achromatic colours dominated the automotive market around the globe in 2022. But as BASF’s designers found in the company’s Color Report for Automotive OEM Coatings,...
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Byk production expansion successfully completed in Shanghai
Following Byk Tongling, the integrated site in Shanghai is now Byk's second production plant in China. The company has invested a total of a low double-digit million EUR amount.
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Penn Color opens new “Singapore Technology Center
In addition to the company’s existing Technology Centers in Hatfield PA, USA, and Venray, The Netherlands, Penn Color has opened a new site in Singapore.
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Sika to sell selected MBCC Group admixture assets
Sika and Ineos Enterprises have signed an agreement for the acquisition of MBCC Group’s admixtures assets in the US, Canada, Europe, and the UK and its entire operations in Australia, and New Zealand....
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BASF breaks ground on MDI capacity expansion project
BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022.
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Teknos Germany plans to relocate its production
Teknos Germany has recently completed a strategic review of its production footprint in Germany. As a result, a relocation of production from Fulda to Brüggen is now planned.
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Elementis and Grolman sign exclusive distribution agreement
Grolman Group and Elementis have signed an exclusive distribution agreement for the Elementis Talc range for the CAS industry in UK and Ireland, effective 1st Jan 2023.
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Azelis extends partnership with Sun Chemical
Azelis and Sun Chemical have extended their distribution partnership to France and Benelux for the industrial chemicals market.
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Büfa acquires composites business from JKS
Büfa Composite Systems from Oldenburg, Germany, has taken over the distribution activities in the composites sector of Joh. Klinglhuber & Söhne (JKS) in Austria. The company now operates under the...
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Altana acquires stake in technology startup Saralon
The specialty chemicals group Altana has acquired a stake in the tech startup Saralon. The young company specialises in the development of inks for printing electronics.
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Brenntag expands plant in Brazil
Brenntag has presented the renovation and expansion of its facilities in Nova Esperança, Paraná, Brazil. This site was taken over in 2019 with the acquisition of Quimisa.