PPG announced that it has reached a definitive agreement to acquire VersaFlex, a manufacturer specializing in polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure, and industrial applications.
Innovative Chemical Products has acquired Gardner-Gibson and Sun Coatings (Gardner-Gibson), a manufacturer of liquid-applied roof coatings, roofing products, driveway sealers and specialty paints.
Michigan-based Prefix Corp. has added over 30,000 square feet of production space to its existing facility in Auburn Hills, Michigan, expanding production capacity of its paint and finishing operations.
A collaboration between AkzoNobel and the Dutch Advanced Research Center Chemical Building Blocks Consortium (ARC CBBC) has resulted in the development of a new process that uses bio-based monomers to make resins.
Shipbuilding company Hyundai Heavy Industries, which controls about 10% of the global new-build market, has reached an agreement with containers carrier HMM Co. Ltd. and marine coatings supplier Jotun to use Jotun's Hull Skating Solutions on a series of new builds.
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