Business

Covestro Acquires Equity in BioBTX

Covestro announced it has become a shareholder in BioBTX, a company based in the Netherlands that recovers raw materials by recycling plastic waste, then used to produce benzene, toluene, and xylene(s) from organic and mixed plastic waste. These chemicals are essential for the chemical industry and are used in coatings, plastics production, and more. Read More…

BASF Expands in India

BASF's Coatings division announced the expansion of e-coat manufacturing facility at its Mangalore site in India. The company says the expansion is driven by the growing demand for e-coat solutions by local automotive OEM customers in India, as well as customers in the South Asian and ASEAN markets, The site has been in operation since 1996, and it is now BASF’s largest production facility in South Asia. Read More…

PPG Invests in North America

PPG has announced it will build a new paint and coatings manufacturing plant in Loudon County, Tenn., as part of its plan to invest $300 million in advanced manufacturing in North America to support increased demand for paints and coatings in the automotive industry. Read More…

Bodo Möller Chemie Expands Its Presence in Asia

Bodo Möller Chemie is expanding sales of its products and services in Southeast Asia with branches in Bangkok, Thailand and Hanoi City, Vietnam. According to the company, the new branches focus on automotive construction, electric vehicles, charging infrastructure, battery technology, electronics manufacture and the aerospace industry among other sectors. Read More…

Brenntag Acquires Quimica Delta

Brenntag has acquired the Mexican chemical distributor Quimica Delta. According to Brenntag, Quimica Delta operates several rail terminals and has access to maritime port infrastructure at Altamira – strategically located as a tollgate for chemicals mainly imported from the United States. The company’s access to tollgates through marine terminals and last mile infrastructure complements and expands the Brenntag Essentials’ “triple” strategy and positioning in the chemicals market in Mexico, per Brentagg. Read More…

BASF Expands in China

BASF announced its investment in the expansion of its advanced additives plant at its Nanjing site, driven by the rapidly growing market demand in Asia and beyond. The expansion includes a production line for BASF’s high-performance Controlled Free Radical Polymerization (CFRP) dispersants. High-performance additives are used across industries such as industrial coatings and automotive OEM coatings. Read More…