Company profile

The market for electric/hybrid-electric vehicles is currently experiencing strong and sustained growth. To bring innovative and holistic solutions to this market, including autonomous driving, connectivity and related infrastructure, DowDuPont Specialty Products Division launches AHEAD– a new initiative designed to bring customers solutions and material capabilities from across the new DuPont.…

Private equity firm Sun European Partners, an affiliate of US-based Sun Capital Partners, has sold Elix Polymers, a manufacturer of ABS (Acrylonitrile-Butadiene-Styrene) resins and derivatives in Europe, to Beijing-based chemical giant Sinochem International for an enterprise value of EUR195 million. The proposed transaction is subject to customary regulatory approvals. Sinochem International is one of…

Luxembourg-headquartered caps/closures maker United Caps will build a new plant in Normandy, France, adding on to its eight existing plants in Europe and the two future extensions in Malaysia and in the UK. The new manufacturing plant will be set up in the Valframbert Business Park of Alençon, France. The…

Private equity firm Arsenal Capital Partners, which invests in middle-market specialty industrials and healthcare services companies, has acquired liquid mould rubbers and casting plastics firm Polytek Development Corp. from Morgenthaler Private Equity. The terms of the acquisition were not disclosed. Founded in 1984 and headquartered in Easton, PA, Polytek is a manufacturer of…

Automation specialist Keba, with its headquarters in Linz, Austria, is continuing along its path of increasing internationalisation by opening a subsidiary in Pune, close to Mumbai in India. Keba says it has had a successful presence in India with its control solutions for machinery since 2010, and it has also…

Oriental Electrical Components Pvt. Ltd.is a family owned & operated manufacturing company established in 1974, based in India and serving a global market. With three manufacturing facilities spread across nearly 2 hectares (or 5 acres), they provide a wide range of products covering electrical connectors, cable accessories & plumbing fittings.…

With the further development of its worldwide sales structure, ENGEL continues to strengthen its customer proximity. The 30 subsidiaries and more than 60 representations worldwide have been consolidated into seven regions, with a Regional Sales President appointed to each. Effective immediately, they will have the full responsibility for sales within…

German chemical group Wacker says it is expanding its ACEO 3D printing services for silicone rubber and will open a US-based printing lab later this year. The facility, which will be located at Wackers’s R&D centre for silicones in Ann Arbor (MI), is the company’s first regional 3D printing lab…

Following Sabic, the world’s third largest diversified petrochemicals company, taking up a 24.99% stake in Swiss chemical firm Clariant recently, the Riyadh-headquartered firm is now taking steps to establish certain elements of its Specialties business as a stand-alone business. The strategic purpose of this is to prepare the Specialties business…

AkzoNobel Specialty Chemicals has completed its acquisition of Brazil’s Polinox, South America’s producer of ketone peroxides, an essential ingredient in the manufacture of polymers. The purchase expands the company’s footprint in South America, establishing it as one of the region’s leading producers of curing systems for polyester thermoset resins. AkzoNobel has acquired…