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Axalta's ISCC Plus Certification for biobased feedstock sourcing practices - News and insights for the European coatings industry

Axalta is the first manufacturer in the powder coatings industry to receive the International Sustainability and Carbon Certification Plus (ISCC Plus) for our innovative biobased feedstock sourcing practices. ....

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Railway supply industry news round-up

Railway supply industry news round-up
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GATX Corporation Adds Shelley Bausch to Board of Directors

GATX Corporation Adds Shelley Bausch to Board of Directors
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Industrial Coatings and Sealants Market Size, Business Growth Opportunities and Forecasts up to 2027

Industrial Coatings and Sealants Market Size, Business Growth Opportunities and Forecasts up to 2027
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Axalta to acquire wire-enamels manufacturer in China - Chemical Engineering

Axalta to acquire wire-enamels manufacturer in China
By Mary Page Bailey |
March 16, 2021
Axalta Coating Systems (Philadelphia, Pa.) has entered into a definitive agreement to acquire Anhui Shengran Insulating Materials Co., Ltd., a leading Chinese producer of high-quality wire enamels used in a wide range of consumer electronics, electric vehicle, and industrial applications. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions. Financial terms have not been disclosed.
The addition of Anhui Shengran will be highly complementary to Axalta’s existing Energy Solutions portfolio. The acquisition will add new wire enamel products and capabilities to enhance our offerings to customers across several end markets, including automotive, renewable energy, and consumer electronics. The additional production capacity will further support Axalta’s expansion in rapidly growing Asian markets. ....

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