Ashland Global Holdings Inc. recently announced that it has closed the sale of its maleic anhydride business and manufacturing facility in Neal, W.Va., to AOC Materials LLC.
Covestro agreed to a purchase price of approximately €1.6 billion (~ $1.9 billion), which will be financed through a combination of equity and debt instruments.
October 5, 2020
Covestro recently announced that it has signed an agreement to acquire the Resins and Functional Materials business (RFM) of Royal DSM.
Smita Shelar is responsible for systematically improving existing product performance, developing and launching new innovative technologies, and driving Chromaflo’s alternate raw materials (ARMs) program.
October 5, 2020
Chromaflo Technologies recently announced that Smita Shelar has been appointed Innovation and Technology team leader.
The transaction includes approximately 900 associates and 11 manufacturing facilities globally, where phenolic specialty resins and engineered thermoset molding compounds are produced.
October 2, 2020
Hexion Inc. recently announced that it has entered into a definitive agreement to sell multiple businesses to Black Diamond and Investindustrial for approximately $425 million.
Gina M. Tabasso is responsible for enhancing Dar-Tech’s brand, serving current customers’ and suppliers’ marketing needs, and generating leads through traditional and digital marketing channels.
October 2, 2020
Gina M. Tabasso has been named Dar-Tech Inc.’s new marketing director.
Dow is implementing a restructuring program to reduce its global workforce costs by approximately 6% and to rationalize certain manufacturing assets.
October 1, 2020
Dow Inc. recently outlined a series of actions it will take in an effort to achieve structural cost improvement targets as the global economy recovers from the coronavirus pandemic.
Founded in 1997, Ideal Work reportedly has annual sales of around €10 million (approximately $11.6 million) and employs 25 people.
September 30, 2020
Arkema recently announced that Bostik will reinforce its range of flooring products with the planned acquisition of Ideal Work, an Italian company specialized in added-value decorative flooring technologies.
The project involves an investment of approximately $700 million and will create an estimated 770 direct jobs.
September 30, 2020
EGGER recently announced it has completed its first raw particleboard production in North America, marking the start of operations at its new manufacturing facility in Lexington, N.C.