PPG Industries has completed the previously announced acquisition of certain assets of privately owned specialty coatings firm Deft (Irvine, CA), PPG has announced. Financial terms of the transaction have not been disclosed. The acquisition...
H.B. Fuller says it has signed an agreement to purchase adhesives company Plexbond Quimica (Curitiba, Brazil), a provider of chemical polyurethane specialties and polyester resins. Financial details of the acquisition were not disclosed. Plexbond Quimica...
Personal-care chemical manufacturers are optimistic about the industry’s outlook despite weakness in Western Europe, attendees at New York Society of Cosmetic Chemists’ Suppliers Day, held last week at Edison, NJ, said. Buoyed by an improving...
The government of Canada will invest in technology to reduce greenhouse gas emissions in oil sands by converting carbon dioxide (CO2) emissions into commercial products, the National Research Council Canada (NRC; Ottawa) says. The three-year Algal Carbon...
PQ says it will invest more than $120 million to expand catalyst production at its Kansas City, KS, site. The project will increase capacity for PQ’s wholly owned silica catalyst business as well as the specialty zeolite catalyst business of...
The European Food Safety Authority (EFSA; Parma, Italy) has concluded that 3-acetyl-2,5-dimethylthiophene, used as a flavoring additive in food, is mutagenic in vitro and in vivo, and that its use as a flavoring substance raises a safety concern. The decision...
Oxiteno, the specialty chemicals arm of Ultrapar (São Paulo), achieved an Ebitda of 81 million Reais ($40 million) during the first quarter of 2013 compared with the same quarter of 2012. The Ebitda figure represents a 21% increase over the same...
BASF says it has boosted its presence in the enzyme technology space, via three separate transactions. The company has identified the enzymes business as a key growth area to prioritize. "The acquired technologies are a prerequisite to develop and...
Valspar (Minneapolis) on Tuesday reported adjusted net income for the fiscal second quarter, ended 26 April, of $83 million, up 3.8% year-on-year (YOY), from $80 million. Adjusted earnings per share came to 91 cts, up 8.3% YOY, from 84 cents....
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