Momentive Performance Materials Inc. and Zhejiang Xinan Chemical Industrial Group, a provider of agricultural chemicals and organic silicon products, announced the planned expansion of manufacturing capacity by their joint-venture company, Zhejiang Xinan Momentive Performance Materials Co. Ltd.
AkzoNobel has announced its intention to acquire coatings manufacturer Schramm Holding AG and the coatings activities operated by Schramm's largest shareholder, Korean company SSCP.
Valspar Paint announced the debut of Valspar Plus®, the first paint certified asthma and allergy friendly™ by the Asthma and Allergy Foundation of America (AAFA).
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.
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