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Elkem has initiated a strategic review of its Silicones division with the goal of streamlining the company and freeing capital to facilitate growth in the Silicon Products and Carbon Solutions divisions.

The Global Impact Coalition (GIC), a CEO-led collaborative platform for a net-zero chemicals future, recently announced that LG Chem has become a member.

As part of its portfolio optimization in the Consumer Brands business, announced in February 2022, Henkel signed an agreement to sell its Retailer Brands business in North America to an affiliate of First Quality Enterprises LLC. 

Matrix Adhesives Group, a North American adhesive and sealant solution partner, has acquired ROMAN Products LLC.

Specialty chemicals company LANXESS inaugurated its India Application Development Center (IADC) in Thane, Mumbai. 

Univar Solutions LLC recently announced it has acquired UK-based Brad-Chem Holdings and its affiliated entities, which includes the acquisition of Brad-Kem, the joint venture co-owned by Brad-Chem and its partner, DEM, based in Belgium. 

Kuraray announced last week that the company is ending production and sale of its KURARITY™ acrylic block copolymer.

According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates, and high housing costs. 

Arkema and its partners have published year eight impacts for the Pragati project, the world’s first sustainable castor bean program. 

Evonik has launched Smart Effects, a new entity that comes from the strategic merger of its Silica and Silanes business lines.