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The company concluded that, given continued losses, the economics of the plant in Podari cannot sustain the necessary continued expenditure. Following the announcement, activities within the Biofuels & Derivatives business line, which supported the development and ramp-up of the plant, will be downsized.  

The company has calculated the individual product carbon footprints (PCF) of both chemical products.The analysis shows that due to production setup, the PCFs of BDO and derivatives such as PolyTHF are significantly below the global average PCF of the corresponding third-party chemicals that are all produced from fossil-based raw materials.

PPG announced a partnership with France’s National School of Automotive Professions and Mobility (GARAC) that aims to help address the skills shortage in the automotive refinish sector. PPG will provide training expertise and digital tools including its PPG MOONWALK^® automated paint mixing system.

Corporate Equality Index (CEI) is a national benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ+) workplace equality. PPG has been listed on the index for 20 years.

With a career in finance and a background as a tax advisor, as well as being a German- and U.S.-certified Public Accountant (CPA), Andrea Bauer brings a wealth of expertise to her new role.

Commenting on the decision, AkzoNobel CEO, Greg Poux-Guillaume, said: “It's disappointing that this intended acquisition cannot move forward, but we remain committed to our strong businesses and leading brands in Africa."

The company’s rating places it among the top 5% of the chemical industry worldwide, with a risk rating score improvement of 5 since the last rating.

With its new subsidiary Bodo Möller Chemie Baltics OÜ in Tartu, Estonia, the specialty chemicals expert is now distributing the entire LOCTITE^® portfolio for industrial manufacture, and maintenance and repair of vehicles and industrial systems.

A new-to-market molecule brings a unique combination of balanced properties that deliver several performance advantages in waterborne automotive and industrial coatings and inks.

“Today's Choices, Tomorrow's Future: UV+EB for Sustainable & Responsible Manufacturing,” is the theme for the RadTech 2024 UV+EB Technology Conference & Exposition, May 20-22, at the Hyatt Regency in Orlando, Florida.