More news
- Ask Joe Powder – October 2024
- Chinese paint majors look to domestic consumer sales as commercial real estate slumps
- Architectural coatings in Nepal and Bhutan
- A wild ride for U.S. construction and housing: Coatings and adhesives opportunities in 202...
- Levant paint industry and market marred by armed conflict and civil turmoil
MCD Group strengthened its position in Asia Pacific with two major acquisitions in India and Australia towards the end of 2011.
IMCD India acquired the business of Mata Polymers Pvt Ltd, an established player in the silicone, textile and construction markets, while IMCD Australia entered into a strategic partnership deal with Infineum Australia Pty Ltd (IAPL).
The Group’s recent acquisition of Warwick in Malaysia plus the opening of the IMCD technical centre in India and personal care lab in Malaysia manifest its long-term commitment to expand its businesses in Asia. IMCD also opened its regional headquarters in Singapore and appointed Mr Albert Stevens as vice president Asia in November 2011.