Ahlstrom-Munksjö completes the acquisition of Brazil Caieiras specialty paper mill

Finnish Ahlstrom-Munksjö has completed the acquisition of MD Papéis’ Caieiras specialty paper mill in Brazil for a debt free purchase price of about EUR 98 million (Assuming EUR/BRL exchange rate of 1 to 4.32. The acquisition significantly strengthens Ahlstrom-Munksjö’s offering in South America and provides further growth opportunities. The acquired business had net sales of … More Ahlstrom-Munksjö completes the acquisition of Brazil Caieiras specialty paper mill

Regulatory approval process for the intended BASF acquisition of Solvay’s polyamide business moves forward

BASF offered commitments to meet concerns of the EU Commission Transaction to complement BASF’s engineering plastics portfolio and ensure backward integration into key raw materials. In September 2017, BASF and Solvay agreed that BASF would acquire Solvay’s polyamide business subject to approval of the relevant merger control authorities. The approval process of the EU Commission … More Regulatory approval process for the intended BASF acquisition of Solvay’s polyamide business moves forward

Exodus of top members of the Board at clothier C&A

By Virginia F. Bodmer-Altura According to an article of Handelszeitung, Zurich, Switzerland, C&A Chief Alain Caparros is saying good bye to four of seven members of the board. Ex boss of former Vögele Group Frank Beeck experiences such an exit a second time. Alain Caparros has to float the big tanker C&A with over 2000 … More Exodus of top members of the Board at clothier C&A

Clariant’s shareholders approve all agenda items at Extraordinary General Meeting

All agenda items related to the recently announced governance agreement between Clariant and SABIC approved Abdullah Mohammed Alissa, Calum MacLean, Geoffery Merszei and Dr. Khaled Hamza Nahas newly elected as members of the Board of Directors Hariolf Kottmann newly elected as Chairman of the Board of Directors At today’s Extraordinary General Meeting in Basel, the … More Clariant’s shareholders approve all agenda items at Extraordinary General Meeting

B&O Chief Chemist, Frank Keohan, will speak at IFAI 2018 on new generation of Stormproof/Breathable™ DWR’s

More powerful than today’s typical “rainproof” Durable Water Repellents, Stormproof/Breathable™ chemistries provide advanced, longer-lasting protection against pounding wind and rain Frank Keohan, Senior Technology Manager at Bolger & O’Hearn, Inc., Specialty Chemicals, will give a presentation on advances in Durable Water Repellents and a new level of finished textile performance called Stormproof/Breathable™ at the Industrial … More B&O Chief Chemist, Frank Keohan, will speak at IFAI 2018 on new generation of Stormproof/Breathable™ DWR’s

Actual News from ITMA Asia +CITME – Uster Technologies (continued)

USTER Quality all the way: from fibre to fabric Extended product range underlines USTER’s global leadership, as integration of EVS is completed Quality solutions across the full range of primary textile production – from fibre to finished fabric – are now offered by Uster Technologies, following the successful integration of automated inspection systems from EVS. … More Actual News from ITMA Asia +CITME – Uster Technologies (continued)