Japanese chemical manufacturer Kuraray Co Ltd will buy U.S. activated carbon firm Calgon Carbon Corp for $1.107 billion, Kuraray said on Thursday, adding the carbon materials firm as one of its core businesses.
Kuraray said it would buy all of Calgon Carbon’s shares for $21.50 each, making the Pittsburgh-based company a wholly-owned subsidiary. It said it planned to complete the debt-funded acquisition – which is subject to shareholder and regulatory approval – within the year.
By Thomas Wilson
Source: Reuters
Dulux paint maker Akzo Nobel said on Thursday it had appointed Fredrik Westin as its chief financial officer from January 1, 2026. Westin will succeed Maarten de Vries, who is completing his second four-year term as finance chief and will retire from Akzo Nobel in April next year.
The acquisition aligns with Henkel’s global growth strategy in the Adhesive Technologies business unit and reflects a key milestone in expanding its footprint in emerging markets. It enables the company to accelerate its presence in South Africa – a region with strong demand for high-performance repair and protection technologies in critical industries.
BASF announces the appointment of Michael Roy as Managing Director of BASF (Malaysia) Sdn Bhd, effective July 1, 2025. He succeeds Vimala Arumugam, who will retire after a distinguished career with the company. Currently serving as Director of Human Resources for Performance Materials Asia Pacific, Michael Roy brings over a decade of experience with BASF.
