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Home » Topics » Breaking News » Company News

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Evonik Concludes Sale of TAA Derivatives Business to Sabo

January 9, 2023
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Sabo is a manufacturer of light stabilizers that relies on TAA derivatives as a raw material. The transaction was announced in mid-October, and the closing took place on December 29, 2022. The company says it is taking this step to focus its portfolio on specialty chemicals.


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MicroCare Opens New Warehouse and Distribution Center

MicroCare Opens New Warehouse and Distribution Center

January 6, 2023
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The new center serves as the primary shipping facility within the United Kingdom for the company’s cleaning fluids and tools. The new facility will provide access to thousands of SKUs, as well as product staging, kitting, and packing capabilities. It will also serve as the MicroCare U.K. Ltd. office headquarters.


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PPG Announces Leadership Appointments

PPG Announces Leadership Appointments

January 6, 2023
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PPG announced several leadership appointments, effective immediately. One of the company’s leaders will transition to lead a newly created PPG operations organization. PPG’s operations organization will encompass supply chain, operational excellence, manufacturing operations, procurement, and environment, health, and safety functions.


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RPM Declares Quarterly Dividend

RPM Declares Quarterly Dividend

January 5, 2023
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RPM’s last cash dividend increase of 5% in October 2022 marked the company’s 49th consecutive year of increased cash dividends paid to its stockholders, which places RPM in a category of less than half of 1% of all publicly traded U.S. companies.


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Indorama Ventures Receives Top Rating from ChemSec for Best Practices in Chemical Footprints

Indorama Ventures Receives Top Rating from ChemSec for Best Practices in Chemical Footprints

January 5, 2023
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This is the second consecutive year IVL has received this ranking. Factors that increased the company’s score include its ambition to use 16% bio-based and 10% recycled raw materials (rPET) as feedstock by 2030, and safer green chemistry substitutions to reduce toxicity from raw materials and production processes.


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Azelis Expands Partnership with Sun Chemical to France and Benelux

January 5, 2023
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The agreement strengthens Azelis’ portfolio of pigment products in the coatings, adhesives, sealants, elastomers (CASE), and advanced materials & additives (AM&A) markets in France and Benelux. It includes the pigment portfolio that Sun Chemical acquired from BASF in 2021, and is an expansion of the long-standing partnership between Sun Chemical and Azelis.


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BASF Donates to Local Charities and Organizations in Tennessee

BASF Donates to Local Charities and Organizations in Tennessee

January 4, 2023
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BASF’s Chattanooga facilities produce a wide range of polymer dispersions with safety, sustainability, and innovation as top priorities. With operations in Chattanooga and Sparta, BASF employs approximately 300 people in Tennessee and invests nearly $23 million in the state through annual payroll, purchases, taxes, and charitable contributions.


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Dragonfly Energy Granted U.S. Patent for Dry Powder Coating System for Lithium-Ion Battery Manufacturing

Dragonfly Energy Granted U.S. Patent for Dry Powder Coating System for Lithium-Ion Battery Manufacturing

January 4, 2023
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The patent is for “systems and methods for dry powder coating layers of an electrochemical cell,” and is a step forward in the company’s mission to provide affordable and effective energy storage solutions, including the domestic manufacturing of all solid-state battery cells.


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Altana’s Elantas Division and Saralon Enter Partnership in Printed Electronics Market

January 4, 2023
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The specialty chemicals group Altana has acquired a stake in the tech startup Saralon. The company specializes in the development of inks for printing electronics. In addition, it offers pre-fabricated electronic components that enable printers to quickly build capacities for printing electronics.


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I-Tech Partners with LANXESS to Develop Anti-Fouling Biocide Combinations

I-Tech Partners with LANXESS to Develop Anti-Fouling Biocide Combinations

December 29, 2022
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I-Tech’s technology, Selektope, and LANXESS’ technologies, SEA-NINE™ 211N and SEA-NINE ULTRA, belong to a set of active agents that are approved by regulatory bodies for ship repair and ship building markets. This joint R&D work undertaken by I-Tech and LANXESS represents the first time that these solutions have been used as co-biocides in marine anti-fouling coating formulations.


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