
Henkel Opens New Application Center in South Korea
Henkel recently announced the opening of its new Application Center in Busan, South Korea, marking a significant investment in the global sports & fashion industry.
Henkel recently announced the opening of its new Application Center in Busan, South Korea, marking a significant investment in the global sports & fashion industry.
Bodo Möller Chemie has acquired Portuguese distributor Anmapi for an undisclosed sum. Located in Valbom, Gondomar (Porto) – north of Lisbon – Anmapi supplies Henkel’s brand of Bonderite cleaners and corrosion protection products for the metal industry in Southern Europe.
Henkel has acquired US advanced materials start-up NBD Nanotechnologies for an undisclosed sum. Headquartered in Boston, Massachusetts, NBD specializes in developing coatings and additives with surface wettability.
Arkema has closed its acquisition of South Africa’s Permoseal, a move designed to strengthen and complete the portfolio of its adhesives subsidiary Bostik.
Henkel has now decided to pull out of Russia, due to the country’s invasion of Ukraine. The German consumer chemicals producer said, however, it would keep paying its 2,500 employees there until the exit is complete.
Henkel Adhesives Technologies has invested an undisclosed sum in Richland Capital Fund III, a leading investment firm for emerging technology in China. The fund focuses on investments in advanced materials, high-end manufacturing equipment, digital technologies and digital business models.
The European Chemical Industry has set out on an ambitious path to become carbon neutral. Germany, as one of the major chemical manufacturing nations, has committed to achieve this goal by 2050.
The European Chemical Industry has set out on an ambitious path to become carbon neutral.
Germany’s Henkel has announced plans to invest $23 million to expand its range of Dial liquid hand soap and hand sanitizers in the US. The company will install new equipment and carry out a series of improvements that will increase production at its sites in Geneva, New York and West Hazleton, Pennsylvania.
Germany’s Henkel has entered into an agreement with compatriot firm Invincible Brands Holding to take a 75% stake in a business that comprises three fast-growing premium direct-to-consumer (D2C) beauty brands: HelloBody, Banana Beauty and Mermaid+Me.
Momentive Performance Materials is selling its consumer sealants business to Henkel for an undisclosed sum in a move the US firm said will enable greater focus on unique silicones and specialty applications where it has “a strong ability to win”.
Virtual Prototyping of Complex Fluids and Flowing Materials
“68% of chemicals worth $76 billion will be sold online within the next five years.” This was the message from leading market research institutes and consultants in 2000, at the start of the new millennium.
The traditional business model of chemical distributors is currently fundamentally challenged on one side by digitally enabled activities from principals, logistics providers, customers, start-ups, larger chemical distributors or combinations of smaller players, who try their own online channels, and on the other side by general e-retailers like Alibaba or Amazon, who explore to enter also into chemical & material categories.