AkzoNobel recently announced it has reached an agreement to sell its 75.81% shareholding in ICI Pakistan Ltd. to the Yunus Brothers Group for $152.5 million.
3M recently reported second quarter sales of $7.5 billion, down 1.9% year-over-year. Organic local-currency sales grew 1.9% and acquisitions added 0.5% to sales.
Evans Analytical Group (EAG) recently announced that EAG Coatings Solutions (formerly CAS-MI) will relocate to Missouri and join its sister company, CHEMIR.
Vertellus Specialties Inc. recently announced that Palmer Holland will be its authorized distributor in several Midwestern states, effective August 15.
Recipients include its Performance Chemicals business segment facilities in Akron, Ohio; Mogadore, Ohio; Chester, SC; and Green Bay, WI; Villejust, France; and Shanghai, China.
Clariant recently announced it has signed an agreement to acquire the remaining 40% share of a joint venture between the holding company Alvigo AS, based in Tallin/Estonia, and Süd-Chemie AG, in the meantime acquired by Clariant AG.
The fuel cell supply chain, made up of companies that provide high-quality, economically competitive critical components for the fuel cell stack, is an area that has been somewhat overlooked.