Specialty chemicals company Evonik Industries plans to start up new facilities and production capacities in 2014 that represent an investment volume of close to €1 billion.
AkzoNobel Powder Coatings announced plans to relocate its manufacturing facilities in Ningbo and Suzhou, China, to the Chang Zhou National High-Tech District by the end of 2015.
RPM International Inc.’s board of directors has declared a regular quarterly cash dividend of $0.24 per share, payable on January 31, 2014, to stockholders of record as of January 13, 2014.
Quest Automotive Products (QAP) has appointed Mark Flint the new VP of Sales and Marketing for the Matrix System and Pro-Spray brands, effective January 1, 2014.
Sidereal Capital Group LLC, Chatham, NJ, has partnered with Argosy Private Equity to acquire U∙C Coatings Corp., Buffalo, NY, a manufacturer and distributor of wood-protection products for the logging, lumber, furniture and woodworking industries.
The Society for Protective Coatings (SSPC) has released SSPC-Paint 45, a new standard that describes performance requirements for polyurea and polyurea/polyurethane hybrid coatings used to protect industrial structures.
Nano Labs Corp. has signed a letter of intent agreement with RSD Investment S. de R.L de C.V. (Fintegra) to form a joint venture company that utilizes Nano Labs’ proprietary nano-coatings technology.