Paint and coatings company Valspar said on Sunday it had agreed to acquire Australian paint maker Wattyl Ltd for about A$142 million and also assume its existing debt. The deal will help Valspar build on its presence in the Asia Pacific region and presents new opportunities for growth, Valspar said. It is subject to approval by shareholders and regulatory authorities.
(6/28/2010)
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
Compelling solutions through strategic partnerships
BASF sells a majority stake in its coatings business to the investor Carlyle.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
