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Home » general business

Articles Tagged with ''general business''

Lone Star Funds to Acquire BASF’s Construction Chemicals Business

With more than 7,000 employees, BASF’s Construction Chemicals business operates production sites and sales offices in more than 60 countries.
December 31, 2019
BASF and an affiliate of Lone Star, a global private equity firm, recently signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business.
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handshake

Ashland Announces New Specialty Additives and Adhesives Business Leaders

Min Chong is joining Ashland to lead the Specialty Additives business unit, and Tim Pione will be leading the Performance Adhesives business unit.
December 30, 2019

In line with its recently communicated business unit structure, Ashland has announced new business leaders for its Specialty Additives and Performance Adhesives businesses.


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acquisitions_mergers_gears

ALTANA Acquires Overprint Varnish Specialist Schmid Rhyner

Schmid Rhyner reportedly generated sales of roughly €50 million (approximately $55.6 million) in 2018, with around 80 employees.
December 26, 2019
ALTANA recently announced it is acquiring Switzerland-based Schmid Rhyner AG, thereby strategically expanding its ACTEGA division.
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Henkel Fortify

Henkel and Fortify Join Forces to Enable High-Performance Applications in 3D Printing

The combined solution reportedly leverages Fortify’s digital composite manufacturing (DCM) 3D printing technology, which mixes reinforcing fibers with Henkel’s resins, and then utilizes magnetics to align the fibers for optimum strength in printed parts.
December 24, 2019

Henkel and Fortify recently initiated a development agreement that allows both companies to mutually combine their areas of expertise and further drive the potential of additive manufacturing.


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AkzoNobel to Strengthen Position in Sub-Saharan African Market with Mauvilac Acquisition

AkzoNobel reports that the transaction includes a local production facility, four concept stores, and access to a strong distribution network.
December 24, 2019
AkzoNobel recently announced that it has entered into an agreement to acquire 100% of the shares of Mauvilac Industries Limited, a paints and coatings company in Mauritius.
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3M to Divest Substantially All of Its Drug Delivery Business to Altaris Capital Partners

3M will retain its transdermal drug delivery components business.
December 23, 2019
3M recently announced that it has entered into an agreement to sell substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC.
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architecture

Industrial Caulk and Seal Announces Staff and Location Changes

Charles “Chip” Marshall is taking on a new role, while Tammy Bernier recently joined the company.
December 23, 2019
Industrial Caulk and Seal (ICS) recently announced it has bolstered both its team and location in order to best serve its growing customer base.
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PPG ribbon cutting

PPG Completes $15.5 Million Investment in Research and Technology Center

PPG’s new facility accommodates more than 90 employees in various research and technology, manufacturing, customer support, and related service and administrative positions.
December 20, 2019

PPG recently marked the completion of a $15.5 million investment at its aerospace research and technology (R&T) center in Burbank, Calif.


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Headlines 3

ASC Names New Members to Executive Committee and Board of Directors

ASC’s board consists of 23 directors, representing adhesive and sealant manufacturers, suppliers, distributors, and academia.
December 20, 2019
The Adhesive and Sealant Council (ASC) recently announced newly elected and reelected members to its executive committee and board of directors, effective January 1, 2020.
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Maroon Group Chris Lupica

Maroon Group Expands Sourcing Team with Addition of Lupica as Vice President of Principal Management

Alongside Maroon Group’s principal managers and leadership team, Chris Lupica will work to support existing relationships and expand the company’s portfolio of specialty chemicals and ingredients across North America.
December 19, 2019
Maroon Group recently announced that it has named Chris Lupica vice president, Principal Management.
Read More
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