In a major move portfolio move, German engineering plastics producer Covestro is taking over DSM’s coating resins business for €1.6 billion, including debt. The transaction is expected to close in the first quarter of 2021, following all approvals.
The chemical industry is on the threshold of a new era – the age of circularity. We asked industry experts to share their opinions on this transformational topic.
Digitalization is a very important topic not only in the chemical industry as a whole, but also in chemical distribution.
Covestro has widened its stake in its thermoplastic polyurethanes (TPU) joint venture with Japanese PPS compounder and pigment manufacturer DIC (formerly Dainippon Ink & Chemicals), increasing its holding to 80% from 50%.
Virtually all areas of our lives would be inconceivable without products that come directly or indirectly in contact with chemical production: It affects the modern office environment, our private lives and thus our well-being and life fulfilment including health, leisure and personal protection.
