Shrieve Chemical Company has acquired Vertec BioSolvents, a West Chicago manufacturer of patented bio-based solvent blends. The transaction may affect manufacturing scale, intellectual property portfolios, and regulatory compliance considerations in sectors such as coatings, adhesives, and food-contact formulations.
Innov8 Business News
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CVD Equipment Corporation has sold its Stainless Design Concepts (SDC) business division for approximately $16.9 million in cash, with net proceeds of about $15.0 million after transaction costs and a $900,000 escrow. The company will retain ownership of its Saugerties, New York manufacturing facility and lease it to the buyer for an initial two-year term.
LANXESS has extended Frederique van Baarle’s contract as a member of the Board of Management, effective April 1, 2026, through 2031; van Baarle is based in Pittsburgh and holds regional and global functional responsibilities. Her portfolio includes oversight of Lubricant Additives, Polymer Additives and the Rhein Chemie business, and may be relevant to corporate governance, regulatory compliance, supply chain and IP considerations for chemistry and Polymers businesses active in the Americas and globally.
BASF Coatings will appoint Jens Luehring as Chief Executive Officer upon closing of the planned sale to Carlyle, with Dr. Uta Holzenkamp remaining in place until the transaction completes. The carve-out encompasses automotive OEM and refinish coatings and surface treatment units and may carry operational, regulatory and intellectual property implications for manufacturing and compliance stakeholders.
PPG and the PPG Foundation announced a $10 million global commitment through 2030 to fund vocational training focused on coatings application, collision repair and advanced manufacturing. The initiative includes donations of digital ecosystems, coating testing equipment and consumable materials to vocational colleges and workforce programs in multiple jurisdictions.
CHEMEON Surface Technology and SurTec announced a strategic alliance to coordinate distribution, technical training, and joint R&D for trivalent conversion coatings, anodizing chemistries, and related surface-treatment products. The agreement details operational integration in the U.S., cross-training, and coordinated analytical and laboratory activities intended to support specification and regulatory transitions away from hexavalent chromium chemistries.
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 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 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 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 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 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 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.
Nanoscience Instruments expands its polymer expertise through a partnership with Xplore Instruments, delivering advanced polymer processing and materials solutions across North America.
DEMGY Group expands its global aerospace leadership with the acquisition of TOOL-GAUGE, now DEMGY Pacific—boosting innovation and U.S. production capabilities in high-performance plastics and composites.
Greenberg Traurig Represents Praana Group in Acquisition of Owen Corning’s Glass Reinforcements.
Spectrum Plastics Group, which made the acquisition, focuses on scaled manufacturing of critical polymer-based components and devices for medical and other markets.
W. R. Grace & Co. has announced it completed acquisition of the Fine Chemistry Services business of Albemarle Corporation.
PPG announced a vice president, global sustainability and vice president, automotive OEM coatings, Americas and mobility.
The new controller/corporate vice president will replace David Rosenthal, who plans to retire on or about July 1, 2021.
Trinseo plans to acquire Arkema’s PMMA business as part of transformation to a specialty solutions provider.
S&P Dow Jones Indices announces results of the annual Dow Jones Sustainability Indices (DJSI) rebalancing and reconstitution.
PPG has announced the appointment of Andrea Giunta as vice president, science and technology (S&T), color, effective Oct. 1.
AZEK, an outdoor living, residential, and commercial building products company completes acquisition of PVC recycling and compounding company.
Saint-Gobain today announces that Continental Building Products obtained shareholder approval to be acquired by Saint-Gobain
PPG announced an agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries.
The Freudenberg company, Klüber Lubrication München SE & Co. KG, acquires TRAXIT International GmbH, a wire drawing lubricant manufacturer.
Effective January 1, 2020, Marco Swoboda, Corporate Senior Vice President Finance, will become new Chief Financial Officer of Henkel.
Clariant has agreed to sell its entire Masterbatches business to PolyOne, according to a Clariant press release.
PQ Group Holdings Inc. announced in a company press release that Albert F. Beninati Jr. has joined PQ as President, Performance Chemicals.
Avery Dennison Corporation has announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) Division for €225 million.
AkzoNobel held a groundbreaking to announce its €50 million investment to expand the company’s wood coatings division.
Kraton Corporation announced in a press release that it has agreed to sell its Cariflex isoprene rubber business for $530 million.
With the dawn of a new division, Mega Projects Asia, BASF Company Ltd, BASF has made some major personnel changes.
Henkel announced that Carsten Knobel will assume role as CEO on January 1, 2020, as the current CEO Hans Van Bylen is leaving the post.
INEOS announced the completion of the acquisition of the composites business from Ashland Global Holdings Inc.
Arkema has acquired Prochimir, a manufacturer of high-performance adhesive films, and Lambson, a company specializing in photoinitiators for photocure resins,
Solvay and BASF have formed an agreement with Domo Chemicals, whereby Domo will acquire some of Solvay’s polyamide assets.
PPG announced that it has reached a definitive agreement with private equity firm Sverica Capital Management LP to acquire Dexmet Corporation.
Henkel Corporation plans to expand operations in Salisbury, NC to the tune of $45 million dollars in new equipment and a series of improvements.
A joint venture between Evonik and DSM has commissioned a new production plant to produce omega-3 fatty acids for sustainable salmon farming.
H.B. Fuller Company announced it has signed a definitive agreement to sell its surfactants, thickeners and dispersants business to Tiarco, LLC.
Covestro announced that its current president, Dr. Haakan Jonsson, will also take over as chairman of the board of directors.
The Supervisory Board at Covestro unanimously appointed Sucheta Govil as Chief Commercial Officer, commencing August 1, 2019.
INEOS announced a $2 billion dollar future investment into three new plants in The Kingdom of Saudi Arabia.
LyondellBasell has announced in a company news release that it has ended discussions regarding the potential acquisition of Braskem.
The Hot Melt Adhesive Tapes market may be heating up according to data from MarketsandMarkets.
Henkel and LyondellBasell announce major leadership changes in May 2019.
Saint-Gobain has acquired Pritex, a company specializing in acoustic and thermal insulation products made from polymer-based composite materials.
Air Liquide acquires TA Corporate Holdings, Inc., an independent distributor of industrial gases and welding supplies.