Today's News

Arkema successfully started up its 15% PVDF capacity expansion in North America

This capacity expansion in Calvert City, Kentucky, strengthens the Group’s leadership in PVDF. This investment of around 20 million US dollars will support the growing demand for energy storage systems and semiconductors, as well as data center rapid expansion.

BASF and Carlyle complete coatings transaction

The coatings transaction between Carlyle and BASF announced on October 10, 2025, was completed on June 30, 2026, following receipt of all required regulatory approvals. The enterprise value of the transaction amounted to €7.7 billion. On June 30, 2026, BASF received pre-tax cash proceeds of around €5.8 billion. Following completion of the transaction, BASF now holds a 40 percent equity stake in Surventis, formerly BASF Coatings, comprising the automotive OEM coatings, automotive refinish coatings, and surface treatment businesses.

Bridgestone releases 2026 Bridgestone Integrated Report

Bridgestone Corporation (Bridgestone) announced it has published the 2026 Bridgestone Integrated Report and made it available on its website. This report outlines Bridgestone’s strategies and initiatives for growth with quality under its mission of “Serving Society with Superior Quality,” as well as activities that emphasize harmony with its diverse stakeholders. Through this report, the company aims to explore opportunities to create new value together toward the realization of a sustainable society.

Evonik upgrades UV label and release liner coating capabilities

Evonik is strengthening innovation, sustainability, and customer collaboration in the label and release liner industry through an upgrade of its UV-curable coating equipment at the Evonik Shanghai Innovation Park. The system has been upgraded from a 3-roll coater to an advanced 5-roll coating platform, enabling laboratory testing under conditions closer to modern real-life production environments.

Falken Tyres drives toward summer with three strong tire tests

Falken is kicking off the 2026 summer season with an impressive run of test successes. Three models – the ultra-high-performance Falken AZENIS FK520, the Falken ZIEX ZE320 all-round summer tyre and the Falken e.ZIEX – have secured strong ratings in independent tests conducted by renowned specialist media and motoring clubs.

Covestro completes acquisition of former Vencorex sites in Thailand and the US

On July 1, 2026, Covestro completed the acquisition of two former Vencorex production sites for HDI derivatives in Rayong, Thailand, and Freeport, Texas, USA.

With the acquisition, Covestro expands its production footprint for HDI derivatives and reaffirms its commitment in two important regions, while strengthening its ability to serve customers in the coatings and adhesives industry with greater flexibility and reliability.

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