Axalta has entered into a definitive agreement to acquire Anhui Shengran Insulating Materials Co. Ltd., a leading Chinese producer of wire enamels used in a wide range of consumer electronics, electric vehicle and industrial applications.
The Surface Treatment business unit of BASF's Coatings division, operating under the Chemetall brand, has received the European Supplier Award 2020 from Novelis.
UK-based manufacturing start-up Hexigone Inhibitors Ltd. has received a $1.2 million investment to expand global sales of its smart corrosion inhibitors, which are reported to offer superior protection and a sustainable solution to key industries worldwide.
As part of its broader investment plan to drive innovation and growth in its specialty product lines, Hexion Inc. intends to expand its Portland, Oregon, manufacturing site.
Stahl announced that it plans to further apply its focus and efforts on four areas of strategic importance: digital transformation, open innovation, renewable feedstocks and sustainable development.
McLaren Racing's 2021 Formula 1 car will again feature AkzoNobel's high-performance coatings, following an extension to the long-standing partnership that debuted in 2008.
Biochemicals company Circa Group AS has successfully completed a private placement of 575 Norwegian Kroner (NOK) — approximately €56 million — in a transaction led by Pareto Securities and Sparebank 1 Markets in Oslo, at a post-money-market valuation of approximately NOK 2 billion (approximately €194 million).
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