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The proposed cash-and-stock transaction would bring Element Solutions’ electronics and industrial surface-finishing businesses into Solstice’s growing advanced-materials platform.

Gemini Industries, Inc. has acquired Industrial Coating Solutions (ICS), a Vancouver, Washington-based distributor of industrial wood coatings.

The appointment takes effect Aug. 1, following Michael Hansen’s departure and a brief joint interim leadership arrangement.

The former BASF business begins operating independently with a new identity, familiar brands and a leadership team for the next phase.

A long-pending transaction has formally closed, moving BASF’s former automotive, refinish and surface-treatment businesses into their next chapter.

The proposed federal action spans four facilities and lays out years of treatment, water and compliance commitments that still require court approval.

A former Axalta and FinishMaster executive will lead BASF Coatings’ global automotive refinish business through its next phase.

A closely watched coatings industry proposal has ended with new statements from involved companies. 

Officials said another injured person has died after the Longview, Washington, tank implosion as recovery efforts remain complicated by unstable conditions.

An overheated tank at a California facility prompted evacuation orders and a hazardous materials response.