More news
- Asian paint regulatory round up – Indonesian exterior paint still uses lead, warns W...
- Nigeria’s paint industry navigates regulatory changes and economic challenges amid p...
- Focus on the global coatings market: Global coatings market outlook
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
Lanxess is strengthening its product portfolio for biocides to serve the megatrend urbanisation. The German speciality chemicals group has acquired Singapore-based PCTS Specialty Chemicals Pte Ltd for an undisclosed amount. PCTS specialises in biocides for environmentally friendly water-based paints and employs about 20 people at modern production and laboratory facilities close to Lanxess’ Singapore headquarters. PCTS recorded sales in the single-digit €M range in 2012, with 60% of it being generated in China.
The company was majority owned by NIPSEA Technologies Pte Ltd.
