Sun Chemical, Parsippany, NJ, and its parent company, DIC, have closed the acquisition of Benda-Lutz Werke GmbH, a manufacturer of metallic effect products based in Austria.
Evonik Industries’ Catalysts Business Line has recently agreed with U.S.-based BioAmber Inc. on a long-term cooperation for the development and manufacturing of catalysts for making BDO (1,4- butanediol), THF (tetrahydrofurane) and GBL (gamma – butyrolactone) from bio-based succinic acid.
CIN, the leading paint and varnish company on the Iberian Peninsula, unveiled plans to invest EUR 12 million to increase the manufacturing capacity of its plant in Maia, Portugal, which produces powder coatings for the industrial sector.
Arkema has brought on stream, several weeks ahead of schedule, a 50 percent increase in its fluorinated polymer production capacity at its Changshu, China, site.
Eastman Chemical Co. announced earnings from continuing operations of $1.40 per diluted share for the second quarter of 2012 versus $1.44 per diluted share for the second quarter of 2011, excluding $33 million of financing, transaction and integration costs in the second quarter of 2012 related to the acquisition of Solutia and a $15 million gain in the second quarter of 2011 from the sale of a previously impaired asset.