In a move designed to better serve its global customers for composite resins, Reichhold has announced plans to expand into the fast-growing Chinese market and will build a resin factory near Tianjin, China.
Bayer MaterialScience has celebrated the startup of a new 20,000-tons-per-year facility for polyurethane dispersions (PUD) at the Bayer Integrated Site in Shanghai.
AkzoNobel has agreed to sell its Crown Paints decorative paint business in the United Kingdom and Ireland to Endless LLP, an independent private equity house. AkzoNobel has also agreed to sell two Belgian brands to Rieu Investissements S.A., a French producer of coatings.
The Sherwin-Williams Co. has completed the acquisition of the Liquid Coatings Subsidiaries of Inchem Holdings of Inchem Holdings International Limited.
BASF SE, the world’s largest chemicals company by revenue, has made an offer to acquire Ciba Holding AG in a deal valued at approximately €3.8 billion.
Deacom, Inc. has announced that Hoover Color Corp., a supplier of iron oxide pigments for the paint and coatings, building product, and plastic industries, has licensed the DEACOM Integrated Accounting and Enterprise Resource Planning (ERP) Software System.
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