The transaction includes approximately 1,300 associates and eight manufacturing facilities globally.
Hexion Holdings Corp. recently announced that, as a result of its ongoing strategic review, it has entered into a definitive agreement to sell its epoxy-based Coatings and Composite businesses.
The closure materials are now produced on ACTEGA compounding machines according to the original formulations.
ACTEGA recently announced that, following its acquisition of the closure materials business from Henkel in May 2021, the transfer of production from Henkel in France to ACTEGA DS in Bremen, Germany, has been successfully completed.
Headquartered in Mannheim, Germany, MBCC Group is active in the field of construction systems and admixture systems.
Sika recently announced that it has signed a definitive agreement to acquire MBCC Group, the former BASF Construction Chemicals, from an affiliate of Lone Star Funds.
The sale consists of hydrocarbon resins, pure monomer resins, polyolefin polymers, rosins and dispersions, and oleochemical and fatty-acid based resins product lines.
Eastman Chemical Co. recently announced that it and certain of its subsidiaries have entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer plc for a total cash consideration of $1 billion.
QTL specializes in providing digital shrink sleeves, flexible packaging, and pressure-sensitive labels to the craft beer, nutraceutical, food, and health and beauty end markets.