Industry News

Find out the latest news from our member companies and affiliated organizations.

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Global specialty chemicals company Perstorp to sell its Capa™ business to Ingevity

Perstorp train
Perstorp, a global leader in specialty chemicals, announced today it has agreed to sell Capa™, its caprolactone business, including the production site in Warrington, to Ingevity for approximately €590 million. The business has annual revenues of approximately €150 million.

Perstorp announces production capacity increase for Di-Penta, securing future growth

DiPenta
Perstorp has increased capacity of di-pentaerythritol i.e. Di-Penta with 40% at site Perstorp. This is a result of improved efficiency and debottlenecking at all Di-Penta producing sites.

hubergroup stays on track to sustainable printing inks

Gecko Greenline
Sustainability is a core value of hubergroup: “As a printing ink manufacturer, we bear the heavy responsibility to protect both mankind and nature – and we intend to fulfil that responsibility through our products,” said Heiner Klokkers, member of the management board of hubergroup. “That’s why we were particularly pleased to achieve the Cradle to Cradle Certified™ Material Health Assessment Silver-Level. In this model, the waste material of an old product becomes the ‘food’ of a new product, either by composting or by reprocessing. It creates a circular economy that goes beyond conventional sustainability efforts. We are proud to be an active participant in that effort.”

Global specialty chemicals leader Perstorp announces sale of its BioProducts business

Northern lights
Perstorp, a global leader in specialty chemicals, today announced the sale of Perstorp BioProducts, a leading producer of biodiesel and glycerine in Scandinavia, to a Swedish investor together with a member of the subsidiary’s management team. The terms of the transaction were not disclosed.

BYK Team Wins ALTANA Innovation Award 2018 for New Additive Product Line

Altana Innovation Award
The specialty chemicals company ALTANA presented the ALTANA Innovation Award for the seventh time. This year, the redevelopment of specific additives was awarded. As an international team of the BYK division, Byungdu Bae, Dr. Marc Eberhardt, Mark Heekeren and Dr. Guillaume Jaunky developed a new family of hydrophilic additives based on advanced technologies and, most notably, brought the flagship BYK®-3560 from the lab onto the market. The product series is highly innovative due to the fact that it offers completely new solutions for recoatability in multilayered systems.

IST Metz is one of Germany’s best training companies

For the second time, the business magazine Capital has honored Germany’s best trainers. Of 700 companies, 154 were named “Germany’s Best Trainers”. With 18 points, IST Metz is one of the companies to receive the award and obtains 4 out of 5 stars on the rating scale.

ALTANA Invests in Velox, an Industrial Digital Printing Company

Velox
The specialty chemicals group ALTANA invests in the Israeli industrial digital printing company Velox Ltd., expanding its technology and investment portfolio in this area. The parties have agreed not to disclose the investment amount.

Perstorp to invest €14+ million in Feed & Food

Perstorp corn field
Malmö November 6, 2018 - Establishing satellite production units in Asia and the Americas to be closer to these markets and customers. Significantly increasing manpower resources in R&D, regulatory affairs, supply chain, operations, marketing and sales. Expanding the plant in the Netherlands… Perstorp Group firmly invests in the Feed & Food Business Area. The goal: boosting next generation solutions for gut health and preservation. Executive Vice president Roger Mann: ‘Consumer demands favor next generation solutions such as the ones we provide. Perstorp has seen this potential. Enlarging our presence allows us to meet these demands.’

IST Metz wins German Design Award 2019

The paper guitar printed and refined by IST Metz was awarded the Special Mention of the German Design Award 2019 in the category “Integrated Campaigns and Advertising” by the international jury of the German Design Council. The guitar was specially UV-printed and refined by IST Metz.

Perstorp announces major production capacity increase for Pevalen™ non-phthalate plasticizer

Perstorp child
Perstorp announces to substantially expand the production capacity of its non-phthalate polyester plasticizer Pevalen™ from 2019 onwards. To accomplish this Perstorp has entered into a long-term production agreement with Italian company Alcoplast Srl.. The new partnership more than doubles the current production capacity, bringing it in total to 50.000 tons per year and improving unit metrics due to the economies of scale.