Orion Engineered Carbons S.A. (Orion) and Evonik Industries AG (Evonik) announced agreements on transactions where Orion will acquire Evonik’s 52 percent stake as well as Deutsche Investitions- und Entwicklungsgesellschaft mbH’s (DEG) 15 percent stake in Qingdao Evonik Chemical Co. Ltd. (QECC).
PPG Industries has completed its acquisition of a majority interest in the aerospace and automotive sealants and adhesives business of Le Joint Français (LJF), a long-term licensee of PPG’s aerospace sealant technology.
Axalta Coating Systems has signed a partnership agreement with the largest university of applied sciences in Austria to offer one student per year an Axalta scholarship.
Flint Group and Continental Printing Inks and Eagle Ink Systems announced the completion of their joint venture agreement that creates the new combined business, Flint Group Africa.
Penn Color is doubling its manufacturing capacity for color and additive masterbatches for the thermoplastic industry at its Venray, the Netherlands, location.