Chemicals & Converting
March 23, 2017
On March 23 2017 Stahl announced that it signed an agreement with BASF to acquire its Leather Chemicals assets, which is part of BASF Performance Chemicals Division. BASF will receive 16% of the equity of Stahl, which is a leading company in process chemicals for..
March 23, 2017
US-based Huntsman is planning to close its titanium dioxide (TiO2) manufacturing facility in Calais, France, by the third quarter of this year. As part of the plan, the white end finishing and packaging operation of the Calais TiO2 facility will shut down, leading to the..
H.B. Fuller has officially opened its new Pune, India, business office and a new R&D center in its Shirwal, India manufacturing facility. The facilities were inaugurated by Jim Owens, president and chief executive officer, on March 18 and 19, marking the conclusion of its first..
Shareholders piled pressure on Dutch paint maker Akzo Nobel to open talks with U.S. rival PPG Industries on Wednesday after Akzo rejected a revised 22.7 billion euro takeover offer as too low, too risky and a bad fit culturally. With Akzo insisting that the interests..
“We regret to inform our employees and other stakeholders that we are considering closing the Yara Pardies plant and seeking buyers interested in taking over the plant. I would like to assure our employees that the cessation process will be handled in a respectful and..
March 21, 2017
Endress+Hauser acquires SensAction AG, a manufacturer of systems for measuring the concentration of liquids. The move is reportedly intended to strengthen Endress+Hauser’s quality measurement portfolio. SensAction will remain headquartered in Coburg, Germany and keep its current staff of 13 employees. SensAction will operate as a..
March 21, 2017
Avery Dennison Corporation today announced that its board of directors has elected Gregory S. Lovins as vice president and interim chief financial officer, effective immediately. As interim CFO, Mr. Lovins will lead the company’s finance function, including audit, financial reporting, investor relations, financial planning and..
March 20, 2017
H.B. Fuller announced today the official opening of its new office in Dubai, United Arab Emirates. Inaugurated by Patrick Kivits, senior vice president, Europe, India, Middle East and Africa, on March 16, 2017, the new office will support the company’s growing base of customers in..
March 17, 2017
Lanxess AG continues to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some €100 million in expanding production facilities for chemical intermediates. Around €40 million each will be invested in the Leverkusen and Krefeld-Uerdingen sites in the..
March 16, 2017
China’s state-owned Sinopec Group and Saudi Basic Industries Corp signed a strategic cooperation agreement in Beijing on Thursday to look into opportunities for cooperation in both countries, Sinopec said on its website. The agreement covers several strategic projects, including developing joint venture petrochemical projects in..