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.
The acquisition reportedly supplements and rounds off the product portfolio of Sika Egypt and offers new opportunities for growth in the Egyptian construction market.
June 9, 2020
Sika recently announced that it has acquired Modern Waterproofing Group, a manufacturer of roofing and waterproofing systems in Egypt.