Sun Chemical Corporation has acquired the assets and business of RJA Dispersions LLC, effective March 1, 2017.
Based in Hudson, Wis. of the United States, RJA Dispersions is a leader in ultra-fine particle and pigment dispersions for the digital inks market. Primarily used for energy cure (UV), eco-solvent and aqueous inkjet inks, RJA’s full range of dispersions will join Sun Chemical Performance Pigments’ diverse product lineup.
“RJA Dispersions is a technology-based company with an excellent reputation for its innovative, high-quality and cutting-edge specialty dispersions for the rapidly growing digital market,” said Myron Petruch, President of Sun Chemical Performance Pigments and Executive Officer of Sun Chemical’s parent company, DIC Corporation. “This is an excellent bolt-on acquisition for our global pigments business and will immediately expand our product offerings for this growing market segment. This acquisition supports our strategy of continuing to expand our global pigments business into sustainable high growth, high value product lines and markets.”
RJA Dispersions will become part of Sun Chemical’s Performance Pigments’ digital business unit led by Peter O’Loughlin. As the director of digital, O’Loughlin will lead the RJA Dispersions integration and be responsible for the global growth of the combined product portfolio of this business unit.
Source: Sun Chemical
Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia. With this new facility in one of the country’s main industrial agglomerations, Sika is positioning itself for continued growth in the dynamic Bolivian construction market.
Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) announced on Monday a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.
Lotte Chemical Corp. will invest 10 trillion won ($8 billion) on hydrogen and battery materials through 2030 to achieve annual revenue of 50 trillion won and carbon neutrality. The Korean chemical producer on Thursday unveiled its new corporate vision outlining key corporate strategies with focus on growth through hydrogen energy and battery materials businesses.
