AkzoNobel to sell Specialty Chemicals business to Carlyle and GIC
AkzoNobel announced the sale of its Specialty Chemicals business to investors The Carlyle Group and Government of Singapore Investment Corporation (GIC) for an enterprise value of EUR 10.1 billion. According to AkzoNobel, this transaction creates two businesses – Paints and Coatings, and Specialty Chemicals – as part of its strategy announced in April 2017. The transaction is subject […]
Arlanxeo’s Rubber Technology Center obtained Laboratory Accreditation Certificate issued by CNAS
After two years of fine preparations and a year of trial operation of ISO17025 system, Arlanxeo’s Rubber Technology Center (RTC) passed the expert evaluation of China National Accreditation Service for Conformity Assessment (CNAS) in November 2017, and obtained Laboratory Accreditation Certificate issued by CNAS in January 2018.
Steilemann new CEO of Covestro
As already announced in May 2017, Dr. Markus Steilemann, currently Chief Commercial Officer (CCO), will become the new Chief Executive Officer (CEO) of Covestro. He succeeds Patrick Thomas, who will retire prematurely on 31 May 2018 by mutual agreement. Thomas’ contract as CEO would have originally ended on 30 September 2018. Thomas has been CEO of Covestro and its predecessor […]