Raw Materials and Chemicals - Articles - Page 241

Ardian to Become Majority Shareholder of DRT

The proposed transaction values DRT at approximately €1 billion (~ $1.2 billion).

December 7, 2017

Ardian recently announced it has entered into exclusivity with some family shareholders and Tikehau Capital (TKO) to acquire a controlling stake into Les Dérivés Résiniques et Terpéniques (DRT).

Michelman Holds Day of Service

Employees in the U.S., Belgium, Germany, Luxembourg, China, Japan, Singapore and India reportedly gave back to their local communities.

December 6, 2017

Michelman recently held Commitment2Communty Day, the company’s 6th annual global day of service.

allnex Appoints Palmer Holland as Distributor

Palmer Holland’s new territory will comprise all of the Midwest, Southeast, and East Coast regions.

December 4, 2017

allnex recently appointed Palmer Holland as its southeast region distributor.

Butcher Named Pilot CEO and President

Butcher replaces former president Michael Scott.

December 4, 2017

Pilot Chemical Co. recently announced that Pamela Butcher has been named CEO and president.

Toepfer Appointed Covestro CFO

Toepher will take over the position from Patrick Thomas on April 1.

December 1, 2017

Covestro’s Supervisory Board recently announced it has appointed Thomas Toepfer, Ph.D., as the company’s new chief financial officer (CFO).

Michelman Expands Capacity in Asia-Pacific

The Singapore location will not only serve as an Advanced Manufacturing Site and Technology Center, but also a Regional Logistics hub and Shared Service Center for finance and HR activities.

November 29, 2017

Michelman announced a capacity expansion of its manufacturing facilities.

Dunleary Renamed Terra Firma

Newly hired Dirk Plas is executive vice president, principal expectations.

November 29, 2017

Dunleary Inc. recently announced its new corporate identity, The Terra Firma Co. LLC.

Chemical Activity Barometer Continues to Rise

In November, three of four broad categories continued their climb from the effects of September’s historic storms.

November 28, 2017

The Chemical Activity Barometer (CAB) recently reported that it notched another solid increase over October’s reading both on a three-month moving average (3MMA) basis and an unadjusted basis.