Despite the challenges posed by the coronavirus pandemic, the specialty chemicals group ALTANA recorded only a slight decline in sales in the 2020 fiscal year and was able to increase EBITDA in a year-to-year comparison.
BASF announced that Thomas Kloster, Senior Vice President, Automotive OEM Coatings Solutions EMEA, will assume responsibility for Performance Chemicals.
Mayzo Inc., a supplier and manufacturer of specialty chemicals, announced the acquisition of Bio Accutech Inc., a distributor of specialty chemicals for the coatings, inks and plastics markets.
OQ Chemicals has successfully completed a recent expansion project at its Oberhausen, Germany, site resulting in a 30% increase in its global production capacity for isononanoic acid.
Covestro considers itself to be on a clear course and well-positioned for the rest of the year following challenges during the first six months of 2020 due to the coronavirus pandemic.
