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Ingevity announces results of portfolio review, including plans to explore strategic alternatives for Advanced Polymer Technologies segment and Road Markings business
Businesswire· 2025-12-08 11:30
Core Viewpoint - Ingevity Corporation has completed a portfolio review and is exploring strategic alternatives for its Advanced Polymer Technologies (APT) segment and Performance Chemicals Road Markings business, including potential sales of one or both segments [1][2]. Group 1: Strategic Review and Future Direction - The leadership team and Board of Ingevity are focused on unlocking long-term value for shareholders through a strategic review of the APT segment and Road Markings business, which are deemed not fully aligned with the company's core competencies and future strategic direction [2]. - The company aims to build a more agile and future-ready enterprise that is optimized for superior performance and sustained shareholder returns [2]. Group 2: Customer Commitment - Ingevity will continue to provide exceptional service and support to customers of both the APT and Road Markings businesses during the review processes [2]. Group 3: Upcoming Investor Communication - Ingevity is hosting a Strategic Portfolio Update webcast for investors on December 8 at 9:00 a.m. (Eastern) to discuss the future strategic direction of the company [3].
Kuraray Establishes "Kuraray Asia Pacific Technical Center" in Singapore
The Manila Times· 2025-09-11 06:25
Core Insights - Kuraray Co., Ltd. has established the "Kuraray Asia Pacific Technical Center" in Singapore to enhance technical support for the growing Asian market [1][3] - The Technical Center will focus on PVOH resin, EVAL(TM) EVOH resin, and activated carbon, which are in increasing demand in the region [1][4] - The center aims to foster open innovation and collaboration with customers to generate new value and accelerate market development [2][3] Company Overview - The Kuraray Asia Pacific Technical Center is located at 61 Science Park Road, 03/16-18 The Galen, Singapore [5] - The center was officially established on September 1, 2025, and is directed by Masahiro Kitamura [6][5] - The scope of activities includes creating customer value through technical services and market development initiatives [5]