Status Next is the company’s strategy to offer solutions for current and future trends to customers in the coatings and adhesives sector, as well as downstream industries.

NACD President and CEO Eric R. Byer released a statement regarding the U.S. STB appointment of NACD member company representative Richard G. Erstad to its RSTAC.

The agreement includes the distribution of organic and inorganic pigments, as well as effect pigments in Europe.

The new product has a bio-based content of over 70%, providing manufacturers with a sustainable and eco-friendly alternative to conventional isononanoic acid.

The chemical distributor will expand to 10 states, including California, Oregon, Colorado, Nevada, Washington, Idaho, Montana, New Mexico, Arizona, and Wyoming.

After a challenging year 2022, Evonik says it is cautiously optimistic for 2023.

The specialty chemicals company has announced that Ketan Joshi, Ph.D., has been appointed president of the intermediates division in Ludwigshafen, Germany.

The targets are recognized as being consistent with levels that climate science says are necessary to limit average global warming to well below 2 °C above pre-industrial levels.

The company has reported its financial results for the full-year 2022. Despite lower sales volumes as a consequence of the recessionary environment, Covestro’s group sales grew by 13% to €18.0 billion.

The group reported a strong first six months before overall demand began weakening in the third quarter as product availability grew and customers’ destocking activities increased in response to declining raw material costs.