Sika has successfully placed a bond with a total amount of EUR 607 million through a triple tranche. The net proceeds of the transaction will be used, among other things, to finance the acquisition of the MBCC Group.
Evonik's Coating Additives business line is increasing capacities of two additive product groups for architectural paints: hydrophobing agents and polyurethane thickeners. The new capacities will be available from October.