Markets & Companies
News Markets & Companies
Collaboration between Perstorp, Fortum and Uniper wins support from EU
The European Union Innovation Fund has selected Project Air, a unique production facility for sustainable methanol in Stenungsund, Sweden, as one of 17 large-scale green tech projects to be granted more...
News Markets & Companies
Vencorex is now owned by a single shareholder
Vencorex has announced that the Vencorex Group is now owned by a single shareholder: PTTGC International (Netherlands), a wholly owned subsidiary of the Thai company PTT Global Chemical.
News Markets & Companies
Akzo Nobel announces Gregoire Poux Guillaume as new CEO
Akzo Nobel has announced that Gregoire Poux-Guillaume will become the company’s new Chief Executive Officer (CEO) as of November 1, 2022. He will succeed Thierry Vanlancker, who has been CEO and member...
News Markets & Companies
Wood coatings: only modest growth
Competing factors affect the architectural wood coatings market. What are the main drivers of growth and challenges?
News Markets & Companies
Krahn Chemie renames subsidiary Petrico to Krahn UK
By renaming its subsidiary Petrico Limited to Krahn UK Limited, the Germany based chemical distribution company Krahn Chemie is taking a further step towards a uniform brand presence in Europe.
News Markets & Companies
Akzo Nobel announces EUR 20 million investment
A EUR 20 million investment has been announced by Akzo Nobel to increase and improve production at two of its sites in France. Around 30 new jobs will be created.
News Markets & Companies
Covestro to built two new production facilities
Materials manufacturer Covestro broke ground on two new plants in Shanghai to meet the rising demand for polyurethane dispersions (PUDs) and elastomers.
News Markets & Companies
Lanxess completes acquisition of IFF’s microbial control business
Specialty chemicals company Lanxess has completed the acquisition of the microbial control business unit of the U.S. group International Flavors & Fragrances (IFF).
News Markets & Companies
Akzo Nobel to acquire the Rims and Wheel business from Lankwitzer
Akzo Nobel is about to acquire Lankwitzer Lackfabrik’s aluminum wheel liquid coatings business.
News Markets & Companies
Confoil and BASF develop coated paper trays for ready-to-eat meals
Confoil and BASF have cooperated to develop a certified compostable and dual ovenable food tray based on paper. The paper tray is coated on the inside with a partly bio-based and certified compostable...
News Markets & Companies
Azelis strengthens its position in Africa and the Middle East
Azelis has reached an agreement to acquire 100% of the shares of Chemical Partners and Chempart Polymers’ entities in Lebanon and Belgium. The company is an independent distributor of specialty chemicals...
News Markets & Companies
Sika expands production of concrete admixtures in the USA
Sika is bringing a new manufacturing plant for concrete admixtures on stream in Stafford, Virginia. With the opening of the plant near Washington D.C., Sika is increasing its production capacity in the...
News Markets & Companies
PPG to increase U.S. aerospace products manufacturing output
PPG will increase the manufacturing output to meet rising demand for commercial aerospace aftermarket products.
News Markets & Companies
The South American coatings market
The changes in the market have settled definitively, challenging the survival decisions of coatings businesses in South America. Changes in consumer priority reached all countries. However, countries supported...