Eliokem, a global specialty chemical company that is majority-owned by AXA Private Equity, has completed the acquisition of the Polymer division from Apar Industries Ltd., India, for $28 million.
The Sherwin-Williams Co. has acquired Becker Powder Coatings Inc. in North America, a subsidiary of AB Wilh. Becker based in Sweden. Simultaneously, AB Wilh. Becker has acquired the North American coil coatings business of Sherwin-Williams and related assets.
Clariant International Ltd. and Zhejiang Baihe Chemical Holding Group have announced the expansion of the Hangzhou Baihe Clariant Pigments Co., Ltd. joint venture.
Ravin Gandhi and Kanti Gandhi, former owners of Coatings and Chemicals Corp. (CCC), have returned to the non-stick coatings industry with a joint venture coatings company called GMM Development Limited.
Dow Polyurethanes, a business group of The Dow Chemical Co. (Dow) and its subsidiaries, is conducting a feasibility study to expand toluene diisocyanate (TDI) production at its manufacturing facility in Camaçari, Brazil.
HALOX®, a manufacturer and distributor of corrosion inhibitors, has announced its partnership with Ormeca Industrial Supplies Ltd., a company representing foreign chemical manufacturers in Israel.
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