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Ashland to Sell Maleic Anhydride Business to AOC Materials for $100 Million

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.

Bostik to Acquire Adhesive Powder Producer Fixatti

Fixatti operates two sites in Europe and one in China, employs 180 people, and reports sales of some €55 million (approximately $63.1 million).

July 23, 2020

Arkema recently announced its proposed acquisition of Fixatti, a company that produces high-performance thermobonding adhesive powders.

Meridian Adhesives Group Acquires E-Chem

E-Chem is reportedly an industry leader in epoxy bridge deck overlays and high friction surface treatment.

July 13, 2020

Meridian Adhesives Group recently announced its acquisition of Albuquerque, N.M.-based E-Chem.

Nouryon Completes Acquisition of J.M. Huber Carboxymethyl Cellulose Business

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.

Sika Acquires Egypt-Based Modern Waterproofing Group

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.

Huntsman Completes Acquisition of CVC Thermoset Specialties

CVC Thermoset Specialties has annual revenues of approximately $115 million, with manufacturing facilities in Akron, Ohio, and Maple Shade, N.J.

May 26, 2020

Huntsman Corp. recently announced that it has completed its previously announced acquisition of CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives, and coatings markets.

3M Completes Sale of Substantially All of Its Drug Delivery Business

The divested business has annual global sales of approximately $380 million.

May 8, 2020

3M recently announced that it has completed the sale of substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC, for approximately $650 million in total consideration.

Mitsubishi Chemical Aims to Bolster its Technology Platform by Acquiring Gelest

Gelest produces silicones, organosilanes, metal-organics, and specialty monomers for advanced technology end markets.

May 4, 2020

Mitsubishi Chemical Corp. recently announced that its Mitsubishi Chemical America, Inc. subsidiary has entered into a definitive agreement to acquire all of the issued and outstanding shares of Gelest Intermediate Holdings, Inc., the parent of Gelest, Inc.

Nouryon to Acquire Metal Alkyls Business from Sasol

The transaction is expected to be finalized during the second quarter, after which Nouryon will gradually move production to its site in Rotterdam.

April 8, 2020

Nouryon recently announced that it has entered into an agreement to acquire Sasol’s merchant triethyl aluminum business, including its specialty fleet of returnable cylinders.