Quest Specialty Chemicals (QSC; Charleston, SC) has completed its acquisition of US Chemical & Plastics (Massillon, OH), a maker of automotive refinish products, the company says. Financial terms of the deal, including purchase price, have not...
Tessenderlo Group (Brussels) has completed the previously announced sale of its compounding activities to Mitsubishi Chemical, Tessenderlo announced today. The sale comprises 4 production sites in France, Poland, and China and an R&D site in Belgium...
Cabot says it has entered into an agreement with Grupo Kuo to purchase the remaining 60% equity of its Mexican carbon black manufacturing joint venture Nhumo for $105 million, of which $80 million will be paid upon closing, excluding cash acquired. ...
Private equity firm Cinven (London) has won the bid to acquire CeramTec (Plochingen, Germany) from Rockwood Holdings (Princeton, NJ) for €1.49 billion ($1.98 billion), subject to adjustments, Rockwood announced today. Cinven beat out competition...
Kem One (Lyon, France), the former vinyls business of Arkema, says that seven potential buyers have expressed an interest in acquiring the firm's assets currently in receivership. The company was put into receivership by the commercial court of Lyon...
Sika (Baar, Switzerland) has acquired Everbuild Building Products (Leeds, UK), the United Kingdom’s largest independent manufacturer of sealants, adhesives, and construction chemicals, Sika announced today. Everbuild has annual sales of more than 90...
The deadline for bids to acquire debt-ridden vinyls producer Kem One (Lyon, France) is tomorrow. A decision on the bids is expected in early July. Kem One went into receivership on 27 March, as reported by CW. The company received approval in April from the...
Two companies remain in the race for the acquisition of Innova (São Paulo), the styrene unit of state-owned Petrobras, based at Triunfo, Brazil, according to Valor Econômico, a leading financial newspaper in Brazil. The sale of Innova was...
Air Liquide has signed an agreement to acquire Voltaix (Branchburg, NJ), Air Liquide announced today. The acquisition is expected to close later this summer, pending applicable regulatory approvals. No financial details were disclosed. The acquisition...
Six companies have expressed interest in buying the West Bengal government’s stake in troubled Haldia Petrochemicals Ltd. (HPL; Kolkata), the only major producer of petrochemicals on India’s east coast. The expressions of interest were submitted...