AkzoNobel is investing €32 million in a new plant at its Vilafranca site in Spain, which will produce bisphenol-free coatings for the metal packaging industry in Europe, Middle East and Africa (EMEA). AkzoNobel expects facility to be operational by mid-2025 and to create around 40 jobs.
In its second deal of 2023 so far, IMCD has acquired Orange Chemicals, a distributor covering the coatings & construction, advanced materials and other industrial markets in the UK and Ireland.
French specialty chemicals producer Arkema has announced it will acquire privately owned Mexican company Polimeros Especiales, a producer of high performance waterborne resins for applications in architectural and decorative paints, textiles, pressure sensitive adhesives and construction.
AkzoNobel has agreed to buy the wheel liquid coatings business of Berlin-based Lankwitzer Lackfabrik for an undisclosed sum.
IMCD China, part of Netherlands-headquartered multinational chemicals distributor IMCD, has agreed to take over specialty distribution company Welex, boosting its footprint in China.
LipoCoat is a biotech company specialized in ‘bio-inspired’ coatings that improve the safety, comfort, and performance of medical devices with a focus on health and nutrition.
