Switch to

Covestro LLC announced that it has agreed to sell its North American spray polyurethane foam system house to Accella Polyurethane Systems LLC, a portfolio company of Arsenal Capital Partners. The sale is scheduled to be completed in the second quarter of 2017. Financial terms have not been disclosed.

read more

The Chinese Wanhua Chemical Group has announced the formation of the new business division “Performance Chemicals Business Unit”. According to the company, the newly formed division consolidates the previous ADI and Specialty Amines business units to further strengthen its core competencies in the production and marketing of aliphatic isocyanates, speciality amines and other chemicals.

read more

Chem-Trend announced the acquisition of the release agent business of Rubio Trading & Consulting SRL, its long-time distribution partner in Romania. As part of a planned growth strategy in Eastern Europe, Chem-Trend Romania SRL has been established through the acquisition. Chem-Trend Romania will continue to support the local market in the existing industries of polyurethane and rubber moulding, thermoplastics processing and die casting, and will expand in the future to support the tyre manufacturing market as well, says the company.

read more

Era Polymers announced that it has joined forces with the South African company Diverse Urethanes (Pty) Ltd. to create Era Polymers (Africa) Pty Ltd., based in Johannesburg, South Africa. According to Era Polymers, the partnership with Diverse Urethanes in creating Era Polymers (Africa) has considerably strengthened both companies’ position in the PU business in Africa. Alf De Vincentiis of Diverse Urethanes and his team will manage the new company. Diverse Urethanes is a developer, manufacturer and supplier of formulated PU systems. Its product portfolio includes PU elastomers, rigid and flexible PU foam systems and PU construction chemicals. Era Polymers is an Australian owned and operated business which has been manufacturing polyurethanes for over 30 years. The company has four manufacturing sites across Sydney, Melbourne and Auckland, supported by a dedicated R&D Centre in Sydney.

read more

FRX Polymers, Inc., a producer of polymeric halogen-free flame retardants, has earned ISO 9001:2015 certification from the International Organization for Standardization (ISO), effective from 6 February 2017. ISO 9001:2015 is the international standard that specifies requirements for a company-wide quality management system (QMS).

read more

BASF recently inaugurated its new Innovation Campus Asia Pacific, located in Mumbai, India. With a total expected investment of up to EUR 50 million, the projects marks BASF’s largest R+D investment in South Asia. All global research operations at the innovation campus will be housed under BASF Chemicals India Private Limited, a 100 % subsidiary of BASF.

read more

The Belgian Recticel Group announced that its Insulation division plans to invest in additional production capacity in the UK.

read more

Kraiburg TPE has opened a sales office in Seoul, Korea, in January 2017 to strengthen its presence in the Asia-Pacific region.

read more

Chemline, a manufacturer of polyurea/polyurethane protective coatings, announced a new dedicated sales team and web page specifically for contractors. The company has served primarily the OEM market for 20 years – adding contractor-focused services is in response to growing customer demand. According to the company, proprietary formulations and on-site service distinguish Chemline from other suppliers, e.g., a technician is available to travel to customer sites to train contractors and their employees to properly prep and apply product, and to make sure the coating is working correctly for their application.

read more

Evonik Industries and Forward Engineering have established the joint venture Vestaro GmbH. With this project, the two companies intend to drive forward the implementation of composite solutions for the industrial mass production of fibre composite components for the automotive industry.

read more

Covestro announced that it will continue manufacturing MDI in Tarragona, Spain. According to the company, the plant closure that had originally been planned for the end of 2017 has been suspended for the time being.

read more