Last updateWed, 11 Dec 2019 10pm

Archroma completes the acquisition of BASF’s stilbene-based OBA business for paper and powder detergent applications

Archroma, a global leader in color and specialty chemicals towards sustainable solutions, today announced that Archroma India Private Limited has completed the acquisition from BASF India Limited (BIL) of its stilbene-based OBA (optical brightening agents) business for paper and powder detergent applications.

Dr. Hönle AG: Hönle Group generates operating result of Euro 17 million

According to preliminary figures, Hönle Group sales revenue in financial year 2018/2019 was 14.8 % lower than in the previous year at EUR 107,747 thousand. The operating result (EBIT) fell from EUR 30,687 thousand to EUR 17,003 thousand, which corresponds to an EBIT margin of 15.5 % (previous year: 23.9 %).

Thimm Packaging Systems completes the takeover of the German ISL Group

Thimm Packaging Systems, a business division of Thimm Group, has successfully completed the takeover of the German ISL Group, having obtained the approval of the Federal Cartel Office. This means the expertise of ISL Group in reusable multi-material packaging will now be transferred to Thimm Group. It has been agreed that the purchase amount will not be disclosed.

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