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By 2025 the specialty chemicals group ALTANA will reduce its CO2 impact from production and energy procurement worldwide to zero.
"Eisenmann Thermal Solutions" is saved. Insolvency administrator Joachim Exner has sold the business operations of the company to the strategic investor ONEJOON from Korea. Both locations and all jobs will be preserved.
PPG (NYSE: PPG) announced that it has reached a definitive agreement to acquire Industria Chimica Reggiana (ICR) S.p.A., a manufacturer of paints and coatings for the automotive refinish and light industrial coatings industries. The transaction is expected to close in the first quarter 2020, subject to customary closing conditions. Financial terms were not disclosed.
Presserv and MONTI will continue their operations under their well-known brand names with their complementary preservation solutions.