Axalta Coating Systems has commenced construction of its Asia Pacific Technology Center (APTC) that will develop coating technologies designed to provide customers in China and the greater Asia-Pacific region with the best and latest products and services.
Orion Engineered Carbons S.A. (Orion) and Evonik Industries AG (Evonik) announced agreements on transactions where Orion will acquire Evonik’s 52 percent stake as well as Deutsche Investitions- und Entwicklungsgesellschaft mbH’s (DEG) 15 percent stake in Qingdao Evonik Chemical Co. Ltd. (QECC).
Mike Horton, President of PPG Industries’ Asia Pacific region, was honored by the Shanghai Municipal Government with the Magnolia Memorial Award for his contributions to the city.