The investment pairs an established protective-coatings contractor with acquisition capital aimed at expanding geographic reach, services and relationships across critical infrastructure markets.
Two tank rehabilitation projects were recognized for coating and lining work addressing biological growth, moisture intrusion and long-term corrosion protection.
A contractor-commissioned analysis obtained by The Washington Post documents problems involving expansion joints, blisters and peeling, while identifying cure timing, material compatibility and application variables as likely contributors.
The transaction adds industrial wood-coatings R&D and manufacturing in Italy, the Philippines and the United States, marking Star Step’s first expansion outside the country.
François Desné has joined Arkema as senior vice president of High Performance Polymers and Fluorogases and a member of the company’s executive committee.
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