Articles Tagged with ''divestment''

The sale is aligned with Berry’s strategy to transition its portfolio toward consumer-focused end markets. 

Along with the divestment, the company is realigning its building and construction market segments into a newly named global business unit.  

PPG has completed the sale of its silicas products business to Warsaw, Poland-based QEMETICA for approximately $310 million in pre-tax proceeds. 

Specialty chemicals company LANXESS recently signed a contract to sell its Urethane Systems business to Japanese UBE Corp. 

PPG announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds.

3M has completed its planned spin-off of its health care business, now Solventum Corp., and the new company's stock is now listed on the New York Stock Exchange.

Trinseo has started a sale process for its 50% ownership in Americas Styrenics LLC, the company's joint venture with Chevron Phillips Chemical.

The record date for the spin-off was March 18, 2024, and the distribution date for the new stock is set for April 1, 2024.

3M recently announced it has sold its 50% equity stake in Combi Packaging Systems LLC (Combi) to SIAT Group.