Sika Closes Acquisition of Tile-Setting Materials Producer in Peru

Sika has closed the acquisition of Chema, a leading producer of tile setting materials in Peru with operations throughout the whole country. Sika reports that the acquisition strengthens its position in the fast-growing mortar market and offers significant cross-selling opportunities through increased distribution channel presence and a complementary manufacturing footprint. Founded more than 50 years […]
BASF Signs Agreement with Tape Producer in China

BASF recently announced that it has signed a Letter of Intent (LoI) with Youyi Group that marks a step to further strengthen the strategic partnership between the two companies. The LoI focuses on the supply of butyl acrylate and 2-ethylhexyl acrylate from BASF’s Zhanjiang Verbund site to meet the growing demand in China’s adhesive materials […]