Cytec Industries Inc. has reached an agreement to sell its Coating Resins business to Advent International, a global private equity firm, for $1,032 million plus assumed liabilities of $118 million, bringing the total value to $1,150 million.
Evonik Industries’ Coatings & Additives Business Unit announced a price increase for its range of DEGADUR®, DEGADECK® and DEGAMENT® reactive resins and DEGALAN®.
Hydro PLIOLITE® 010 is a very suitable emulsion for anti-carbonation paints, giving the coating a penetrative adhesion to the substrate, a secure film formation, excellent ageing characteristics and a long-term barrier against carbon dioxide, water and oxygen.
SILRES IC 368 has been formulated so that an addition of only 15 percent is sufficient to improve the UV and weathering resistance of the organic binder in a coating system – without detracting from its mechanical properties.
According to a new report by Global Industry Analysts Inc. (GIA), niche and end-use applications will stimulate growth opportunities for the global epoxy resins market.
Effective March 16, or as contracts allow, BASF will increase list and off-list prices for resins and performance additives by 5-15 percent in North America.
