Articles Tagged with ''acquisitions''

AJ Adhesives and Mid-America Packaging Expand to East Coast with Acquisition of Evco Industries

Through this acquisition, AJ and MAP report that they will be able to provide customers continued products and services that currently fill their needs, as well as additional offerings that may fill some gaps.

January 17, 2020

Sister companies AJ Adhesives and Mid-America Packaging (MAP) recently announced the acquisition of Holmes, Pa.-based Evco Industries.

Gabriel Performance Products Acquires Alkyd Resins Portfolio from Deltech Resins

According to Gabriel, the acquired products are highly complementary to its current offering of alkyd resins.

January 15, 2020

Gabriel Performance Products recently announced its acquisition of a select portfolio of alkyd resins from Deltech Resins Co., including the remainder of Deltech’s alkyd resin product line.

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BASF Builds Massive Interest with Construction Chemicals Divestment

Readers were drawn to another big divestment last week, as BASF announced an agreement to sell its Construction Chemicals Business.

January 13, 2020

Does your company have news to share with the industry? Please send press releases to me at suttons@bnpmedia.com.

Sika Achieves Record Sales in 2019

In a challenging market environment, Sika reports that its growth in all regions was stronger than the market in 2019.

January 13, 2020

Sika recently announced that it recorded double-digit growth and achieved a sales record of CHF 8.11 billion (approximately $8.3 billion) in the 2019 business year.

Seal For Life Completes Four Acquisitions, Names Oravitz CEO

With these acquisitions, Seal For Life reports that it has broadened its portfolio of protective coating technologies, expanded its range of applications, and significantly grown its presence in North America.

January 10, 2020

Seal For Life recently announced that it has completed the acquisitions of Flame Control Coatings, Highland International, LifeLast, and US Coatings.

Chemours Sells Methylamines Business Unit to Belle Chemical

Chemours’ methylamines business reportedly supplies methylamines products such as MMA, TMA, and DMA to partners in various industries.

January 8, 2020

The Chemours Co. recently announced that it has sold its methylamines business unit to Belle Chemical Co., an affiliate of Cornerstone Chemical Co.

Huntsman Completes Sale of Chemical Intermediates and Surfactants Businesses to Indorama Ventures for $2 Billion

The transaction comprises a cash purchase price of approximately $1.93 billion, which includes estimated adjustments to the purchase price for working capital, plus the transfer of up to approximately $76 million in net underfunded pension and other post-employment benefit liabilities.

January 7, 2020

Huntsman Corp. has completed the previously announced sale of its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures for approximately $2 billion.

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3M Divestment Leads the News

Readers last week were most drawn to 3M’s announcement regarding the divestment of much of its drug delivery business.

Susan Sutton

January 6, 2020

Does your company have news to share with the industry? Please send press releases to me at suttons@bnpmedia.com.

Lone Star Funds to Acquire BASF’s Construction Chemicals Business

With more than 7,000 employees, BASF’s Construction Chemicals business operates production sites and sales offices in more than 60 countries.

December 31, 2019

BASF and an affiliate of Lone Star, a global private equity firm, recently signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business.

ALTANA Acquires Overprint Varnish Specialist Schmid Rhyner

Schmid Rhyner reportedly generated sales of roughly €50 million (approximately $55.6 million) in 2018, with around 80 employees.

December 26, 2019

ALTANA recently announced it is acquiring Switzerland-based Schmid Rhyner AG, thereby strategically expanding its ACTEGA division.

Organized by Women in Chemicals, this landmark conference will offer opportunities for networking, learning, and professional development. With a diverse array of sessions, workshops, and social events, participants can expect a dynamic program designed to empower and inspire.

This annual Midwest coatings conference combines all of the high-quality technical presentations, exhibits and networking opportunities from the Coatings Trends and Technologies and Powder Coating Summit conferences into one new event. The event caters to both liquid and powder coatings formulators and manufacturers.