Industry News

  • Wacker Finalizes Acquisition of Polymer JV

    March 12, 2008
    Wacker Chemie AG has successfully concluded its acquisition of full ownership of Air Products Polymers (APP) and Wacker Polymer Systems (WPS), its two joint ventures with Air Products and Chemicals, Inc.      The transaction announc…


  • Goldschmidt Transitioning the Brand Names of Tego Products to Reaxis

    March 12, 2008
    Goldschmidt Industrial Chemical Corp. will be transitioning the brand names of its Tego products to Reaxis, to align with its enhanced company identity. These changes will not affect the quality and types of products available. As always, Goldschmidt…


  • SPX Completes Acquisition of APV

    March 12, 2008
    SPX Corporation has completed the acquisition of APV, a global manufacturer of process equipment and engineered solutions primarily for the sanitary market.      “The acquisition of APV greatly enhances our process equipment op…


  • Cognis Opens Liaison Office in India

    March 12, 2008
    Cognis has opened a liaison office in Mumbai, India. The office will be responsible for strengthening relationships with existing customers, identifying and initiating new business opportunities and promoting the Cognis brand in local markets. The de…


  • Calumet Specialty Products Partners, L.P. Closes on Acquisition of Penreco

    February 13, 2008
    Calumet Specialty Products Partners, L.P. closed the acquisition of Penreco, a Texas general partnership, on Jan. 3, 2008 for approximately $267 million in cash, excluding customary post-closing purchase price adjustments.      Penre…


  • Clariant Re-Emphasizes Long-term Commitment to North American Market

    February 13, 2008
    On the heels of last November’s announcement that it will transfer pigment and additive manufacturing from Coventry, RI, to facilities in Germany, China and Mexico by the end of this year, Clariant is re-emphasizing its commitment to North Amer…


  • Evonik Announces Price Increases

    February 13, 2008
    Evonik Industries’ Inorganic Materials Business Unit has announced a price increase for pigment blacks, effective for deliveries in Europe from Feb. 1, 2008.      Manufacturing costs of pigment blacks have been increasing cont…


  • BYK-Chemie to Take Over Production Location in Kempen, Germany

    February 13, 2008
    BYK-Chemie GmbH, Wesel, Germany, will have a new production location in Germany starting Jan. 1, 2008. BYK will be taking over the company grounds, plant and staff at the Kempen location (Lower Rhine) from the ALTANA subsidiary ELANTAS Beck, Hamburg.…


  • Cray Valley Increases Prices Of Hydrocarbon Resins

    February 13, 2008
    Cray Valley announced an increase in prices of its hydrocarbon resins product line, retroactive to Dec. 1, 2007, or as existing contracts allow. The increase amounts to 5 cents per pound and applies to Wingtack and Norsolene resins sold throughout th…


  • Aakash Chemicals, Pritty Pearlescent Pigments Sign U.S. Distribution Agreement

    February 13, 2008
    Aakash Chemicals & Dye-Stuffs, Inc. and Pritty Pearlescent Pigments of China have agreed to an exclusive distribution agreement for marketing Pritty’s broad range of Iridesium industrial and Nacreium weather resistant grade pearlescent effe…


  • Sun Chemical Signs Distribution Agreement with Nantong Shanjing

    January 17, 2008
    Sun Chemical has entered into an exclusive distribution agreement with Nantong Shanjing Metallic Pigments Co., Ltd., a leading aluminum pigment manufacturer in China. This agreement allows Sun Chemical to market the Nantong Shanjing products for coat…


  • Huber Announces Global Kaolin Price Increase

    January 17, 2008
    Huber Engineered Materials, part of J.M. Huber Corporation, announced a global price increase across its entire industrial specialties kaolin clay portfolio. The price increase was effective Jan. 1, 2008.      “Huber’s ka…


  • Cytec Announces Price Increases

    January 17, 2008
    Cytec Industries Inc. announced it is increasing the prices of its portfolio of UV/EB curable monomers, oligomers and photoinitiators in the Americas for orders shipped on or after Jan. 1, 2008. Prices will advance between 5 to 8 percent depending on…


  • Lansco Colors Acquires Select Color Products

    January 17, 2008
    Lansco Colors, Montvale, NJ has recently acquired Dover, NJ-based Select Color Products. Financial terms of the sale were not disclosed. Lansco Colors is a privately held company that  manufactures a broad range of organic and inorganic pigme…


  • X-Rite Completes Acquisition of Pantone

    December 5, 2007
    X-Rite, Inc. has completed the purchase of Pantone, Inc. for a purchase price of $180 million.  The transaction was funded exclusively with cash, financed through new borrowings.      Pantone, Inc., headquartered in Carlstadt, N…