PPG announced plans to sell a major business unit and outlined a cost-reduction program impacting 1,800 jobs.

True Value has announced its pending acquisition following a Chapter 11 bankruptcy filing.

Post-acquisition, the combined company will have a broad pigment portfolio of high-quality products, and a strong presence in major markets.

The company is reshaping its Coating & Adhesive Resins and Health Care divisions, impacting 590 jobs and selling off non-core businesses worth €350 million.

The paint and coatings industry remains vulnerable as surcharges and supply chain disruptions persist despite the temporary strike resolution.

Ongoing labor strike threatens the chemical supply chain as ocean shippers impose surcharges amid failed negotiations between USMX and ILA.

A multibillion-euro acquisition deal is expected to bring new opportunities for Covestro as plans with ADNOC move forward.

The job cuts are part of the company's cost-reduction plan to enhance the efficiency of its functions.

The leadership change will be effective October 1, with strategic implications for global operations and growth.

The company released a statement after the loss of the former President on September 14, 2024.