- In March 2025, Sika AG and BASF launched Baxxodur EC 151, a new epoxy hardener for sustainable construction applications. The product offered low emissions, quick curing at low temperatures, and excellent flow properties. It reduced VOCs by up to 90% and minimized the need for thinners. The hardener enabled durable, high-gloss flooring with better color stability and lower maintenance. Through this launch, BASF and Sika strengthened their positions as leaders in sustainable construction solutions and supported customers efficiency and environmental goals
- In March 2025, Sika AG fully acquired HPS North America, a supplier of building finishing materials and distributor of Schonox products in the U.S. market. The move strengthened Sika’s position in the growing building finishing segment and created a platform for further expansion. HPS had grown steadily in sales and profitability, especially in flooring applications. With full ownership, Sika aimed to boost efficiency in logistics and production. This acquisition also opened new cross-selling opportunities and reinforced Sika’s U.S. market presence
- In October 2022, Partners for Environmental Progress (PEP) awarded the BASF SE's facility in McIntosh, Alabama, and a 2022 Environmental Stewardship Award for the site's production of light stabilizers. They worked to enhance the durability of plastics, coatings and membranes for automotive and construction materials applications. This has enhanced the company's reputation in the global market
- In November 2022, Fosroc, Inc. recently introduced Polyurea WH 100, a product that gives many benefits to a wide range of roof waterproofing applications. Its hand-applied application makes it very easy to install, which is especially beneficial in flat roof applications. The new launch will target new markets, increase market share, sell more and increase revenue streams for the company
- In May 2020, RENOLIT SE developed the new product RENOLIT ALKORSMART, which is now being marketed with the Smart3 campaign. This new product launch will enhance the company's product portfolio and create momentum and industry recognition for the company
