Benjamin Moore announced the introduction of two new, wholly owned subsidiaries: BM Prudhoe Limited and C&R Scotland Limited. Incorporated in England and Scotland respectively, this marks the company’s second establishment of a subsidiary in England and its first in Scotland. Read More…
IMCD Group (IMCD) has opened its new Technical Center in AtaÅŸehir, Istanbul, Türkiye, adding to a global network of more than 80 technical centers and laboratories. Designed as a strategic hub, the center delivers formulation development, optimization of existing commercial products, technical consultancy, and hands-on support for customers’ innovation pipelines. Read More…
AkzoNobel has signed an agreement to sell Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, which is part of the Packages Group. The transaction is based on a total enterprise value of 16.2 billion Pakistani rupee (approximately $58 million), at an EV/EBITDA multiple of 14x. Read More…
Evonik has inaugurated the expansion of its specialty amine production facility in Nanjing, China. According to the company, this investment significantly strengthens the Evonik’s capability to supply amine‑based additives for polyurethane and epoxy applications, supporting future market development and advancing the company’s long‑term global strategy. Read More…
PPG has completed the acquisition of Ozark Materials, LLC, a U.S.-based provider of pavement marking solutions, from Ingevity Corporation. The all-cash transaction includes a purchase price of $65 million, subject to customary adjustments. Read More…
Shrieve Chemical Company (Shrieve), a portfolio company of Gemspring Capital and a global distributor of specialized chemicals, announced it has acquired Vertec BioSolvents (Vertec), a manufacturer of bio-based solvents headquartered in West Chicago, Ill. Terms of the transaction were not disclosed. Read More…