Evonik Industries signed a contract on the sale of its business in acrylate-based plastic additives and plastisols, including two production plants in Wesseling, Germany.
Clariant, a leader in specialty chemicals, has initiated the squeeze-out procedure to acquire all of the remaining shares of Süd-Chemie AG from minority shareholders.
Akzo Nobel N.V. (AkzoNobel) issued a profit warning on Monday. The company reported that its second-quarter earnings will be negatively impacted by raw-material price increases, weak demand in mature markets and longer-than-expected maintenance periods at some plants.
Ashland Aqualon Functional Ingredients, a commercial unit of Ashland Inc., received Ringier Technology Innovation Awards for achievements in coatings additives and food and beverage technologies during recently held ceremonies in Shanghai.
Univar Inc., a chemical distributor, has expanded its long-standing European distribution agreement with Dow Corning Coatings (DCC) to include Austria, Turkey, the Baltic region, Central and Eastern Europe (CEE), and South Africa.
Brenntag, a chemical distribution company, signed a purchase agreement to acquire 100 percent of Zhong Yung (International) Chemical Ltd. Brenntag will hold a majority stake of 51 percent and will acquire the remaining stake in 2016.
The American Coatings Association (ACA) hailed the U.S. Supreme Court’s unanimous decision in American Electric Power Company Inc. v. Connecticut as a victory for companies opposing public nuisance lawsuits that seek to redress global climate change.
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