Sika is buying Romanian mortar and thermal insulations company Adeplast, the Swiss construction chemicals maker said on Monday.
Adeplast generates sales of 120 million Swiss francs ($120.34 million)with a workforce of 460 employees, said Sika, which did not disclose how much it was paying for the business. ($1 = 0.9972 Swiss francs)
By John Revill
Source: Reuters
Synthomer announced the appointment of Lily Liu as Chief Financial Officer (CFO). Lily will take up the role no later than 1 July 2022, succeeding Steve Bennett who announced in August 2021 that he would step down once a suitable successor was in place.
Westlake Chemical (Houston, Texas) has reached agreement to acquire Hexion’s (Columbus, Ohio) epoxy business for approximately $1.2 billion. Westlake says the deal enhances chlorine and olefins integration and brings attractive opportunities in high-growth epoxy markets, including wind turbine blades, automotive lightweighting, aerospace and consumer coating applications.
Tetra Pak Iberia is launching a gamified app experience in partnership with digital studio Appetite Creative. The technology is enabled though scannable QR codes printed on drinking cartons and available to all brands in Southern Europe.
