News

AkzoNobel has signed an agreement to sell Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, which is part of the Packages Group, one of Pakistan’s most diversified conglomerates. The transaction is based on a total enterprise value of 16.2 billion Pakistani rupee (approximately €50 million), at an EV/EBITDA multiple of 14x

According to the announcement, the price adjustments vary by product family and region, reflecting differences in market dynamics. The increases cover a wide range of materials, including polyoxymethylene (POM), ultra-high-molecular-weight polyethylene (UHMW-PE), liquid crystal polymers (LCP), polyphenylene sulfide (PPS), and nylon and polyester-based resins.

n 2025, Milliken delivered continued improvements in associate safety performance, including a 39% year‑over‑year reduction in safety severity rate and a 39% decrease in days lost due to work‑related injuries, reflecting sustained investment in safety management systems and associate engagement

Today, Solvay opens its 2026 call for projects, inviting people with practical, hands‑on ideas to apply for support of up to €10,000 per initiative. Applications are open from April 15, 2026 until September 30, 2026 and are managed with the support of the King Baudouin Foundation.

Trelleborg Sealing Solutions in India announces the development of its new state-of-the-art manufacturing facility in Bengaluru, Karnataka, a greenfield investment that increases production capacity by 30%. The facility campus spans 50,000 square meters/540,000 square feet and is scheduled for completion in 2027. It brings together comprehensive manufacturing capabilities, R&D with extensive testing facilities, application engineering support, the Customer Solutions Center, supply chain center and global IT services under one roof for the first time.

H.B. Fuller Company announced that its Board of Directors approved an increase in the Company’s regular quarterly cash dividend from $0.2350 per share of common stock to $0.2450 per share of common stock, payable on May 14, 2026 to shareholders of record at the close of business on April 30, 2026.
H.B. Fuller has paid quarterly cash dividends on its common stock for 58 consecutive years.

Unibio A/S and BioVerde Tech LLC have entered a strategic partnership to develop a methane-based platform for producing industrial chemicals, targeting lower-cost and lower-carbon butadiene production.

The collaboration combines Unibio’s gas fermentation technology with BioVerde’s microbial engineering and chemical conversion capabilities to create scalable processes that convert methane into chemical intermediates.

Vipal Rubber is expanding its North American footprint, highlighting increased U.S. production and a broader brand portfolio during its first Independents Day event, held April 8–10 in Nashville.

The gathering brought together independent retreaders from across the U.S. and Canada as the company outlined its strategy to grow local operations and strengthen its position in the region.

The Tokyo District Court ruled that Noboru Yanagida, 69, former president of Zeon Medical Inc., did not commit the crime of offering bribes, even though the court found the company’s side intended the payments as such. Presiding Judge Masataka Nakagawa said the recipient doctor lacked the necessary intent to accept them as bribes.