Mergers/Acquisitions

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Ingevity Corp. announced plans to sell its North Charleston CTO refinery assets and the majority of its Performance Chemicals Industrial Specialties product line.

Avery Dennison Corp. has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group.

Covestro has signed an agreement with Vencorex Holding SAS to acquire two legal entities with stand-alone production sites for HDI derivates in Rayong, Thailand, and Freeport, Texas.

Siegwerk announced it is further boosting its packaging coating business with the signing of a contract to purchase the Dutch coating specialist Allinova. 

South Coast Terminals LLC, headquartered in Houston, Texas, announced the acquisition of Lindau Chemicals Inc., a leading specialty organic chemical manufacturer.

Bakelite has completed its acquisition of Sestec, a Poland-based company known for its sustainable, protein-based adhesives for wood and composite products.

Bodo Möller Chemie Group has signed an asset purchase agreement with Aqua Engineering Services, a Bengaluru, India-based company.

Henkel has acquired the South Africa-based Nordbak, a specialist provider of maintenance, repair, and overhaul (MRO) solutions with a strong foothold in mining, infrastructure, and industrial segments.

BASF has finalized the purchase of DOMO Chemicals’ 49% share in the Alsachimie joint venture, making BASF the sole owner.

APPLIED Adhesives has completed its acquisitions of HG Adhesive Dispensing and BTmix, both located in Carson City, Nevada.