Joe Lupia appointed Senior Vice President & Chief Technology Officer at Nouryon. Radnor, Pennsylvania, United States | July 2026 - Nouryon has appointed Joe Lupia, Ph.D. as Senior Vice President & Chief Technology Officer (CTO) and a member of the company's Leadership Team. In his new role, he will lead Nouryon's global technology and innovation agenda, advancing research and development, product innovation, and sustainability-driven growth initiatives to support the company's long-term strategic objectives. Joe joins Nouryon from Elementis Global, where he served as Senior Vice President, Technology & Product Stewardship. During his seven-year tenure, he led the company's global technology organization, driving innovation, product stewardship, research and development, and technology strategies that supported business growth across specialty chemicals markets. Prior to Elementis, Joe spent more than 16 years with BASF, holding several senior technology leadership positions. As Director, Technical Innovations & Customer Support, he led technical innovation and customer support organizations, overseeing research teams focused on advancing specialty chemical technologies and strengthening customer-centric innovation. Earlier, he served as Senior Research Manager and Senior Group Leader, contributing to BASF's global research, product development, and technology capabilities. Earlier in his career, Joe spent over 14 years at Ciba, where he held leadership roles including Vice President, Research & Development and Vice President, Home & Personal Care Research & Development. During this period, he led global R&D organizations, accelerated product innovation, and developed technologies serving multiple consumer and industrial markets. Joe holds a Doctor of Philosophy (Ph.D.) in Organic Chemistry from Seton Hall University, providing a strong scientific foundation for his distinguished career in specialty chemicals research, innovation, and technology leadership. With more than three decades of experience spanning research and development, technology leadership, innovation management, product stewardship, sustainability, and global scientific organizations, Joe brings deep expertise that will help strengthen Nouryon's innovation capabilities and support its continued global growth. Nouryon is a global specialty chemicals company that develops innovative solutions for consumer and industrial markets worldwide. The company operates across three business segments: Consumer and Life Sciences, Performance Materials, and Resource Solutions, delivering technologies that support industries including personal care, agriculture, pharmaceuticals, paints and coatings, polymers, mining, transportation, pulp and paper, and energy. With more than 8,000 employees, 14 global innovation centers, and headquarters in Radnor, Pennsylvania, USA, and Amsterdam, the Netherlands, Nouryon is focused on delivering sustainable innovation and accelerating customer success worldwide.

Nouryon has announced a new senior secured mid-high yield bond offering with a maximum size of €875 million, structured as a 5NC1 (five-year non-callable one year) instrument. The offering is part of the company's capital structure optimisation and refinancing strategy. The proposed issuance reflects Nouryon's efforts to maintain a robust balance sheet amid evolving market conditions. The company has demonstrated strong operational performance, recently launching HBED, a high-performance iron chelate for agricultural productivity in challenging soil conditions. The offering is expected to attract institutional investors interested in mid-high yield European corporate debt. Nouryon's sustainability initiatives and strategic partnerships, including its open-to-public programme in China, position the company to support long-term growth whilst meeting financial objectives.

The European Commission has approved BASF's sale of its coatings division to Carlyle Group, but with conditions. BASF must divest Nouryon, a polysulfide manufacturer, to address competition concerns. The Commission said Nouryon is one of only two global suppliers of polysulfides, which are essential for aerospace sealants—a market where BASF Coatings also operates. Brussels regulators determined the merged entity could restrict competitors' access to polysulfides and exploit commercially sensitive information. The approval marks a significant step in BASF's divestment strategy, though the financial terms of the Carlyle transaction were not disclosed.