Innov8 Business News

49 posts

Mergers, acquisitions, expansions and board changes in the chemicals industry.

Evonik extends VISIOMER® methacrylate distribution to U.S. through IMCD partnership

Evonik has expanded its distribution agreement with IMCD, enabling IMCD to distribute the full VISIOMER® Specialty Methacrylates portfolio across the United States. The arrangement pairs Evonik’s methacrylate monomer offerings with IMCD’s commercial and technical channels for coatings, adhesives and related markets.

Syensqo wins multi-year Boeing contract to supply composites, adhesives and surfacing materials

Syensqo has secured a multi-year agreement with Boeing to supply advanced composites, structural adhesives and surfacing solutions for commercial and defense airframes. The contract encompasses materials for primary and secondary structures, interiors and surfacing, with implications for manufacturing processes, certification and supply-chain controls.

ARMOVEX introduces spray-applied, single-component concrete floor coating system with zero-VOC formulation

ARMOVEX has launched a water-based, spray-applied concrete floor coating system presented as eliminating grinding and multi-part mixing on most jobs. The product family includes a hybrid sealer and a penetrating waterproofing treatment and may have implications for occupational safety, regulatory compliance, and product specification practices.

BASF divests optical brightening agent business to Catexel; Monthey production and ~80 employees included

BASF completed the sale of its optical brightening agent (OBA) business to Catexel at the end of February 2026, with the transaction encompassing the international business and production at the Monthey, Switzerland site. Approximately 80 employees are reported to have transferred to Catexel and financial terms were agreed to remain confidential.

Roehm launches ACRYLITE® SunResist PMMA capstock for outdoor extrusion applications

Roehm announced ACRYLITE® SunResist, a PMMA molding compound designed as an ultra‑thin co‑extruded capstock offering UV absorbance to ~400 nm and enhanced processing characteristics. The material is positioned for exterior profiles and components where weathering, abrasion resistance, and post‑fabrication performance are emphasized.

Celanese Reports 2025 Fiscal Results Amid Global Asset Impairments and Portfolio Restructuring

Celanese Corporation reported a 2025 GAAP diluted loss per share of $10.44, driven largely by $1.6 billion in impairment charges related to goodwill and intangible assets. The company is currently executing a strategic footprint optimization plan, including the closure of manufacturing sites in Europe to mitigate softening demand in the automotive and construction sectors.

Nickolas Asset Management Completes Acquisition of Plastic Resin Processing Facility

Nickolas Asset Management has acquired a 120,000-square-foot resin processing and materials facility from Material Difference Technologies that specializes in recycling and reprocessing post-consumer and post-industrial plastic scrap into reusable resin pellets, enhancing NAM’s vertically integrated materials platform.