The acrylic acid and esters producer joins Mutares’ chemicals portfolio, transferring ownership of a business with approximately €110 million in annual revenue.
The company has grown from an 1876 gold-beating workshop into an international supplier of metallic and pearlescent pigments for coatings and other markets.
A new support facility will free manufacturing space at an established aerospace site as demand grows across commercial, military and general aviation.
The specialty chemicals company outlined a strategy through 2030 that divides businesses between growth and cash-generation roles while shifting investment toward selected markets and regions.
The proposed consent-decree modification would add groundwater remediation at a former New Jersey manufacturing site, with public comments accepted through Nov. 2.