Chemicals company Perstorp is introducing a new business model, organizational structure and management team, in addition to a cost competitiveness program that involves eliminating 111 positions within the company.
AkzoNobel has joined SEAFRONT (Synergistic Fouling Control Technologies), a project within the Seventh Framework Program of the European Commission, to develop environmentally friendly fouling-control coatings for boats, ships, tidal power plants and other aquatic installations.
Cytec Industries Inc. celebrated the successful expansion of CYASORB CYNERGY SOLUTIONS® stabilizers produced at its new polymer additives production line in Fengxian, Shanghai.
The Supervisory Board of LANXESS AG announced it has reached a mutual agreement to end the contract of Axel C. Heitmann as a member and Chairman of the Board of Management of LANXESS AG.
Arkema and Jurong Chemical, China’s leader in acrylic acid, have created a new joint venture, Sunke, which will comprise the assets of Jurong’s acrylic acid production site in Taixing, China.