Dutch paints and chemicals group Akzo Nobel NV AKZA is acquiring U.K.-based Flexcrete Technologies Ltd. and French manufacturer Disa Technology, or Disatech, in a move aimed at strengthening Akzo Nobel’s coatings business.
Akzo Nobel didn’t give any financial details,
“Both acquisitions support our strategy of investing in growth and innovation and are strongly aligned with our growth strategy,” Chief Executive Ton Buchner said Monday.
Akzo Nobel said the acquisition of Disatech is subject to regulatory approval.
By Razak Musah Baba
Source: Market Watch
Neste Corporation’s Board of Directors has appointed Heikki Malinen, M.Sc. (Econ.), MBA (Harvard) as the President and CEO of Neste as of 2 November 2024, at the latest. Malinen joins Neste from Outokumpu Corporation where he has held the position of President and CEO since 2020.
Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a successor. Rossouw will still oversee the publication of Sasol’s reports for the financial year ending June 30, to allow for a structured handover period.
Chemours announced its CFO Jonathan Lock has resigned from all positions within the company, according to an SEC 8-K filing on April 23. The resignation comes in the aftermath of the company announcing that Lock, former CEO Mark Newman, and principal accounting officer Camela Wisel, had been placed on administrative leave.
