Mergers/Acquisitions

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Celanese Corp. recently announced it has completed the acquisition of certain assets from Ashland Inc., including two product lines.

Huntsman Corp. recently announced it has acquired EMA Kimya Sistemleri Sanayi ve Ticaret A.S., a polyurethanes systems house in Istanbul, Turkey.

Avery Dennison Corp. recently announced it has signed a definitive agreement to sell its Office and Consumer Products business (OCP) to 3M Co. for $550 million in cash.

The addition of Merquinsa, a leader in specialty thermoplastic polyurethanes (TPUs), will reportedly expand Lubrizol’s Engineered Polymers business and strengthen its ability to meet the needs of its global customers.

BWAY Holding Co. has acquired Phoenix Container Inc., a leading U.S. producer of steel pails, in a stock purchase transaction. Phoenix Container, headquartered in North Brunswick, NJ, operates one plant