The transaction is expected to close prior to the end of 2020, contingent on customary regulatory approvals and standard closing conditions.
July 30, 2020
Ashland Global Holdings Inc. recently announced a definitive agreement to sell its maleic anhydride business and manufacturing facility in Neal, W.Va., to AOC Materials LLC for $100 million.
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The transaction will reportedly significantly broaden Nouryon’s portfolio of products in carboxymethyl cellulose, a sustainable, bio-based water-soluble polymer used as a thickener, binder, stabilizer, and film former.
July 7, 2020
Nouryon has completed its previously announced acquisition of the carboxymethyl cellulose (CMC) business of J.M. Huber Corp.