AkzoNobel shareholders have approved the separation of its Specialty Chemicals business at an Extraordinary General Meeting. The move is part of its strategy to create two focused, high performing businesses; Paints and Coatings and Specialty Chemicals. AkzoNobel intends to return the vast majority of the net proceeds from the separation to its shareholders, starting with [...]

PPG has announced the completion of a $1.4m investment at its automotive adhesives and sealants (A&S) manufacturing and research and development (R&D) centre in Saint-Just-en-Chaussée, France. The upgrades to the facility include new structural adhesives and waterborne LASD (liquid applied sound damper) manufacturing cells, improved laboratory and testing space, upgraded equipment to simulate automotive body [...]

A car you’ve probably never heard of has just become the fastest-selling vehicle in history. Lynk & Co, the connected and shareable mobility brand, received more than 6,000 orders for its 01 car in just two minutes and 17 seconds after opening its first online store. With the planned three-day pre-sales event completely sold out [...]

Toyota Motor Corp is undergoing a major restructure as it sets out to tackle an ‘era of profound transformation.’ According to Reuters, Toyota president, Akio Toyoda said the company was facing a ‘now or never’ moment which could determine whether auto companies would continue to play a leading role as carmakers. ‘Our coming structural change [...]

Symach is designing a cutting-edge 3,000sqm technical department in the 16,000sqft facility at Calderara di Reno, Bologna, Italy. It will be equipped with a complete TRUMPF machining line including a TruPunch 3000 Sheetmaster machine for cutting sheet metal and loading, unloading and selecting parts, as well as a TruBend Series 5000 bending machine. ‘TRUMPF is [...]