Sale

The Düsseldorf site is among the divested assets of BASF's silicates business.
News Markets & Companies News

BASF sells silicates business to PQ

BASF has signed an agreement to sell its silicates business, including the assets at the Düsseldorf site, to PQ Corporation. With this step, BASF is focusing on its core activities.

News Markets & Companies

INEOS Enterprises sells sulphur dioxide business to Ecovyst for EUR 180 million

INEOS Enterprises has reached an agreement to sell its ultra-pure sulphur dioxide and derivatives business, INEOS Calabrian, to Ecovyst for EUR 180 million. The sale aligns with INEOS’ portfolio strategy...

News Markets & Companies

BASF to sell Coatings business to Carlyle in EUR 7.7 billion deal

BASF has agreed to sell its automotive OEM coatings, refinish coatings, and surface treatment businesses to Carlyle and the Qatar Investment Authority (QIA) for EUR 7.7 billion. The closing is expected...

News Markets & Companies

BASF reportedly considers sale of its Coatings division

According to Bloomberg and Der Aktionär, BASF has initiated a sale process for its Coatings business. The unit could be valued at around EUR 6 billion, with several bidders already showing interest....

News Markets & Companies

500-million-euro transaction: Lanxess sells Urethane Systems business to UBE

Specialty chemicals company Lanxess has agreed to sell its Urethane Systems business to Japan's UBE Corporation for around 500 million euros, marking the company's final exit from the polymer business....

News Markets & Companies

Sale to Fidelium Partners: J.W. Ostendorf announces new management level and structure

Following the completion of the sale of J.W. Ostendorf and its subsidiaries FLT Handel und Service, and Renaulac in France to Fidelium Partners on 1 August 2024, the company is now announcing the new management...

News Markets & Companies

Hempel announces the sale of J.W. Ostendorf and Renaulac as next step on strategic journey

The prospective new owner, Fidelium Partners, would take over the production site in Germany and stores in France, together with around 500 employees and a portfolio of customers.

News Application Areas

“Helping to increase energy savings or enable high-speed, high-throughput applications”

Dmitry Chernyshov, Lead Application Development Engineer at Momentive, expands on currents trends and challenges in the protective coatings sector. 

News Coatings Technologies

Abrafati: Call for Papers open until May 24

The most important event of its kind in South America, the ABRAFATI Show and Conference will open its doors on November 21. The deadline for the call for papers for the conference has been extended until...

A graphic shows a stylised handshake.
News Markets & Companies

Biesterfeld Spezialchemie joins forces with Scott Bader

Biesterfeld Spezialchemie, distributor of specialty chemical products, pharma and food ingredients, and UK headquartered chemicals company Scott Bader, enter into a new partnership.

News Legislation

Business leaders must do more to change the trajectory of climate change

We are living in arguably the most critical moment for climate change. The recent COP27 summit recognised the need for urgent action on a number of issues, but greater focus on reducing fossil fuel emissions...

News Sponsored Content

A long-term durable and profitable partnership

San Marco Group is a family-owned business in its fourth generation, leader in Italy in the architectural coatings’ segment, as well as in ETICS, organic plasters and effect paints for the building industry,...

News Markets & Companies

Happy Holidays and Happy New Year

The European Coatings team wishes you happy holidays and all the best for 2023.

News Sponsored Content

Enhance wet scrub and dirt pick-up resistance in architectural exterior coatings

Over time, the cleanliness of exterior coatings is impacted by dirt, debris, and general wear and tear. Discover a new solution engineered to reduce dirt pick-up, enhance wet scrub resistance, and increase...