Mergers/Acquisitions

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ADNOC, the largest oil producer in the United Arab Emirates, has successfully gained control of 91.3% of outstanding Covestro shares. 

Westlake Innovations Inc., a subsidiary of Westlake Corp., has invested in Universal Matter Inc., based in Burlington, Ontario. 

The global chemical company OQ Chemicals has sold its Dutch esters plant in Amsterdam, The Netherlands, to Perstorp Group.

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

Carlisle Fluid Technologies recently announced that the company has completed its acquisition of Reinhardt Technik.

Arkema has finalized the acquisition of Dow’s flexible packaging laminating adhesives business, a leading global producer of adhesives for the flexible packaging market.

H.B. Fuller Co. has signed agreements to acquire two leading medical adhesive technology companies. 

Azelis has signed an agreement to acquire 100% of the shares of a specialty distributor of food ingredients and industrial chemicals based in Finland. 

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

Bodo Möller Chemie Group has entered into exclusive discussions regarding the potential acquisition of Rocktin's distribution activities, aiming to further increase its strategic growth in Asia.