Covestro to acquire sustainable coating resins business from DSM

Acquisition adds EUR 1 billion in revenues and EUR 141 million EBITDA

02-Oct-2020 - Covestro has signed an agreement to acquire the Resins & Functional Materials business (RFM) from Royal DSM. By expanding its portfolio in the attractive growth market for sustainable coating resins, Covestro is taking a significant step in its long-term corporate strategy to strengthen its ...

Gabriel Performance Products Announces the Acquisition of Ranbar Electrical Materials

13-Nov-2017 - Gabriel Performance Products ("Gabriel"), a U.S.-based specialty chemicals company, announces the acquisition of Ranbar Electrical Materials (“Ranbar”). Headquartered in Harrison City, PA, Ranbar is a custom developer and manufacturer of specialty resins, varnishes, and coatings materials used in ...

Arkema completes acquisition of Den Braven

05-Dec-2016 - Arkema completed the acquisition of Den Braven, a leader in high performance sealants for insulation and construction in Europe, on 1st December. With this strong value-creating acquisition, Arkema confirms its long-term ambition for Bostik, and actively pursues the development of its High ...

Arkema brings new resins reactor online in Brazil

15-Apr-2015 - The Coating Resins business of Arkema has expanded acrylic resin manufacturing capacity in Araçariguama, Brazil by 60 percent. The new reactor will enable manufacturing of Arkema’s product chemistries previously unavailable in the region.With the start-up of the new reactor, Arkema has improved ...

Evonik: Global price increase for Methacrylate Polymers and Reactive Resins

23-May-2014 - The Product Line Coating Resins of Evonik Industries AG will raise the sales prices for its Methacrylate Polymers as well as Reactive Resins as of July 1st, 2014. The prices will be increased by a minimum of 6% or as contracts allow. This measure is needed because of increased cost. Product line ...

Frost & Sullivan recognizes BASF’s transformation

BASF showcases its multi-pronged success with a variety of interactive components and its own line of coatings

03-Jan-2014 - Based on its recent analysis of the European resins for protective coatings market, Frost & Sullivan recognizes BASF with the 2013 Product Line Strategy Leadership Award. The company has demonstrated strong growth by improving portfolio breadth, formulation expertise, and customer value to ...

Evonik increases prices for DEGALAN® in NAFTA

27-Sep-2013 - Evonik Industries’ Coatings & Additives Business Unit announces a price increase for its range of DEGALAN® Coating Resins by up to 5%, effective October 1st, 2013 in the NAFTA region. This increase will apply to all orders shipped on or after this date and as contracts allow.

DSM introduces price increases for its range of Liquid coating resins

28-Mar-2012 - DSM Coating Resins will introduce a price increase of between 0.10-0.25 €/kg, dependingon the product, affecting the entire liquid coatings resins, adhesives and graphic artsproduct portfolio. The price increase will be effective for shipments on or after April 1,2012, or as contracts allow. The ...

Bayer MaterialScience sells Viverso to Nuplex Industries

31-Oct-2011 - Bayer MaterialScience AG has signed a contract for the sale of its Viverso GmbH subsidiary to Nuplex Industries Ltd., for EUR 75 million. The company is a leading manufacturer of polymer resins based in New Zealand and Australia. Bayer MaterialScience will thus divest a certain part of its ...

DSM to divest amino resins business to Ineos

05-Sep-2011 - Royal DSM N.V. and INEOS Melamines, a subsidiary of Switzerland-based INEOS Industries announce that they have reached an agreement for DSM to sell its amino resins business to INEOS. The effective date of the transaction is 1 September 2011. Financial details will not be disclosed. For DSM the ...