Sector News

Akzo Nobel to buy Flexcrete, Disatech

July 5, 2017
Energy & Chemical Value Chain

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

comments closed

Related News

February 17, 2024

INEOS Inovyn launches Ultra Low Carbon Chlor-Alkali range

Energy & Chemical Value Chain

INEOS Inovyn announces a new Ultra Low Carbon range (ULC) of Chlor-Alkali products that reduce the carbon footprint of caustic soda, caustic potash and chlorine by up to 70% compared to industry averages. The new range uses renewable energy sources to power INEOS Inovyn manufacturing sites.

February 17, 2024

Solvay completes coal phase-out at Wyoming soda ash plant

Energy & Chemical Value Chain

Solvay operates seven soda ash plants worldwide. Beyond Green River, coal is being phased out at two of the company’s plants in France and Germany. By the end of 2024, the Rheinberg, Germany site will become the first soda ash plant in the world to be powered primarily with renewable energy.

February 17, 2024

Chemours names new board member

Energy & Chemical Value Chain

The Chemours Company has named Pamela Fletcher to its board of directors, effective March 1. Fletcher, formerly the chief sustainability officer at Delta Air Lines Inc., takes the seat of Sandra Phillips Rogers, who has opted not to stand for reelection to the company’s board.

How can we help you?

We're easy to reach