DuPont and The Dow Chemical Co. announced on August 4 that all required regulatory approvals and clearances have been received, that all conditions to closing of their merger of equals have been satisfied, and that their merger of equals will close after the market closes on August 31, 2017.
BioAmber Inc. announced operational and financial results for the three months ended June 30, 2017, and the purchase and consolidation of the Mitsui & Co Ltd.'s stake in its Sarnia Joint Venture.
Cortec Corp., a leading producer of corrosion inhibitor additives headquartered in St. Paul, Minnesota, and EMCO Chemical Distributors, Pleasant Prairie, Wisconsin, have signed an exclusive agreement for distribution of Cortec’s corrosion inhibitor additives.
For the first half of 2017, AkzoNobel reported an increase in volumes by 2%, driven by Decorative Paints and Specialty Chemicals, and an increase in overall revenue of 4%, mainly due to volume growth and acquisitions.
AkzoNobel's Specialty Chemicals business has finalized the first application agreement for biobased polymers to result from its collaboration with specialty polymers company Itaconix.
Axalta Coating Systems has made a binding offer to acquire the European and Chinese operations of IVA, one of the world’s leading wire enamel manufacturers, from its parent company Superior Essex.
RPM International Inc. reported record sales for its fiscal fourth quarter and year ended May 31, 2017. Net income and diluted earnings per share for both periods declined following impairment charges and other non-repeating items earlier in the year, as well as a one-time severance charge in the fourth quarter.
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