MELAMINE POWDER MARKET ANALYSIS

Name: Melamine Powder Market News
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy

Melamine Powder Market, by Product Type (Kitchen Tools and Dinnerware Set & Crockery), by Application (Wood Adhesives, Molding Compounds, Laminates, Coatings, and Flame Retardants), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Key Developments:-

In July 2017, Littlejohn & Co., LLC, an investment firm announced its investment to acquire Cornerstone Chemical Company, a manufacturer of chemicals including crylonitrile, melamine, sulfuric acid and others. The acquisition aimed to growth and expansion of acquired company.
In March 2016, Borealis, manufacturer of polyolefins, base chemicals and fertilizers announced its investment in melamine and fertilizer production facilities in Linz, Austria. The planned to invest US$ 89.32 million in its manufacturing plant. The investment by the company is aimed to improve efficiency and achieving environmental performance by installing enhanced equipment.
In October 2014, HELM AG with its partner company Proman AG has taken over the 56.53% Clico/Clico Financial and are thus holding now 100% shareholding of the production sites including 5 Methanol plants, 1 Ammonia plant, 1 UAN plant and 2 Melamine plants, with a ratio of 75% for Proman AG and 25% for HELM AG.