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The Innovation Award, with which ALTANA recognizes outstanding research achievements on the part of its employees, was presented this year for the eleventh time.

The statement followed the U.S. Senate’s failure to pass H.R. 4470, legislation to reauthorize the Chemical Facility Anti-Terrorism Security (CFATS) program, prior to its expiration date.

The new owner has taken over the assets and employees with immediate effect. No active business is included in the sale.

The live event on September 12, 2023, will showcase how technology is playing a critical role in the company’s long-term profitable growth strategy, and highlight the company’s innovation playbook and portfolio of scalable technologies.

The results show consolidated net sales increased 6.3% in the quarter to a record $6.24 billion, and net sales from stores in United States and Canada open more than 12 calendar months increased 9.5% in the quarter, among other key takeaways. 

The facility, set to be completed at the end of 2024, will more than double the current capacity from the company's Toronto and Mississauga plants.

The new appointment will be effective August 14, 2023. Current CFO, Sean Lannon, is leaving the company to pursue other opportunities.

The company’s second quarter results deliver on expectations with resilient volumes, profits up, and a strong free cash flow.

In this newly created role, Sinclair will be responsible for devising strategies to improve services and build positive relationships with MicroCare’s key clients.

"Overall, we have recorded significant improvement in margins, both sequentially as well as on year‐on‐year basis, aided by strong efforts on driving operational, formulation and sourcing efficiencies and supported by easing inflation in raw material prices,” said Amit Syngle, Managing Director & CEO of Asian Paints Limited.