Nouryon announced that it has chosen to rename its wholly-owned Industrial Chemicals business to Nobian. According to the company, this branding change will allow Nobian to develop its integrated European value chain for essential base chemicals under its own name and brand while Nouryon will continue to focus on growing its leading position in global speciality chemicals.

BASF is a founding member of a new global network dedicated to building a circular economy in the self-adhesive labelling industry. CELAB (Toward a Circular Economy for Labels) is a cross-industry coalition open to all companies in the self-adhesive label supply chain, promoting sustainability through encouraging collaboration, kick-starting regional initiatives, and developing best practices.

AkzoNobel N.V. announced that it is set to increase its presence in the North American yacht coatings market after agreeing to acquire New Nautical Coatings, owner of the Sea Hawk yacht coatings brand. Financial details were not disclosed.

Ceresana has published the fourth edition of its Market Study: Adhesives Europe in January 2021. In 2019, a total of around 3.51 million tonnes were utilized. The market researchers expect sales generated with adhesives across Europe to grow by 0.5 % per year until 2027.

Huntsman Corporation announced that it has completed the acquisition of Gabriel Performance Products, a North American speciality chemical manufacturer of speciality additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from Audax Private Equity.

Natuzzi S.p.A. and The Vita Group announced that they have entered into an agreement whereby Vita Italy S.r.l., a wholly owned subsidiary of The Vita Group, will acquire I.M.P.E. S.p.A., a wholly owned subsidiary of Natuzzi based in Naples, Italy.

The Dow Chemical Company announced that effective from 1 February 2021, or as contracts allow, it will increase its off-list prices by the amounts listed below on all grades and package types of the following polyol products in North America:

Covestro has received ISCC Plus mass balance certification for its Antwerp, Belgium, and Krefeld-Uerdingen, Germany, sites. This means the company can now offer its customers large product volumes of polycarbonate made from renewable attributed raw materials in the same good quality as fossil-based polycarbonate. The polyurethane raw material methylene diphenyl diisocyanate (MDI) from Krefeld-Uerdingen and its precursor aniline from the Antwerp plant are now also available with ISCC Plus certification.

The VersaFlex Family of Companies (VersaFlex) announced it has reached a definitive agreement to be acquired by PPG. VersaFlex is a manufacturer specializing in polyurea, epoxy, polyurethanes, custom plural component equipment, and geotechnical and insulation foams. Lazard Middle Market served as exclusive financial advisor to VersaFlex. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions.