PPG announced that Kevin Braun, currently senior vice president, industrial coatings segment, will become senior vice president, operations, effective October 1, 2024. Braun will succeed Ram Vadlamannati, who announced his intention to retire from PPG after 25 years with the company.
Johnson Matthey announced its new Nature Strategy, outlining the company’s commitments and actions to minimise its environmental footprint, promote circularity, and enhance the local environments and communities where it operates. The strategy sets ambitious goals for the responsible use of natural resources.
Azelis has signed an agreement to acquire 100% of the shares of Hortimex, a Polish speciality chemicals distributor active in the food ingredients and nutraceuticals segments. Hortimex is a distributor of food ingredients with a particular focus on non-meat applications, such as human nutrition, functional preparations, confectionery and bakery.
BASF SE is preparing its agriculture business for an IPO as it grapples with a challenging business environment in Europe, sources familiar with the plan told Bloomberg News. BASF’s Agricultural Solutions business reported sales of €10.1 billion in 2023, 14.6% of the company’s total net revenue.
INEOS has completed the pilot phase of its European cross-border carbon capture and storage (CCS) project, which has transported CO2 from Belgium to the North Sea. Project Greensand comprises of a consortium of 23 Danish and international companies, startups, and research institutes aiming to store up to 1.5m t/y of CO2 in the Danish North Sea by 2026, and a further 8m t/y by 2030.
