Norway’s Elkem said on Friday it has agreed to sell the majority of its Silicones division to its biggest owner, China’s Bluestar, and that the Chinese company would cease to be a shareholder in the Norwegian group following the transaction.
Ahead of the European Council meeting in Alden Biesen, the Antwerp Declaration Community called on EU Heads of State and Government to take urgent and bold action to restore Europe’s industrial competitiveness, safeguard high-quality jobs for European workers, and turn the Clean Industrial Deal into outcomes felt on factory floors in 2026.
Sika has agreed to buy Turkey-based adhesives manufacturer Akkim Sealants & Adhesives, the Swiss specialty and construction chemicals major said on Friday. Akkim operates two facilities in Turkey and Romania producing polyurethane (PU) foams, adhesives, sealants, coatings and other chemicals, with an additional site in Turkey in the works.
