Elevance Renewable Sciences Inc. recently announced a licensing agreement with Chemtura.
Chemtura will have global rights to develop, derivatize, manufacture, use and sell products incorporating the Elevance Aria WTP technology in lubricant applications.
The business had revenues of approximately $225 million in 2016.
Axalta Coating Systems recently announced that it has entered into a definitive agreement to acquire the assets related to Valspar’s North American Industrial Wood Coatings business.