Mergers/Acquisitions

Huber Silica Business Sale to Evonik Complete

The $630 million transaction transfers ownership of the HEM Silica facilities in North America, Europe and Asia to Evonik.

September 7, 2017

The J.M. Huber Corp. has completed the sale of the Silica business unit of Huber Engineered Materials (HEM) to Evonik Industries AG.

Dow and DuPont Merger Complete

The combined entity is operating as a holding company under the name DowDuPont™ with three divisions: agriculture, materials science and specialty products.

September 6, 2017

DowDuPont™ recently announced the successful completion of the merger of equals between The Dow Chemical Co. and E.I. du Pont de Nemours & Co., effective August 31.

CHT Group Acquires ICM Silicones Group

ICM Silicones Group consists of five separate operating subsidiaries.

September 5, 2017

CHT Group recently announced the acquisition of ICM Silicones Group; headquartered in Cassopolis, Mich.

Polyurethane Innovation Award Winners Announced

This award will be presented during the Polyurethanes Technical Conference, which takes place Oct. 2-4 in New Orleans.

August 29, 2017

The Center for the Polyurethanes Industry (CPI) recently announced BASF, The Chemours Co., and Covestro as the three finalists for the Polyurethane Innovation Award.

Nagase America Buys Fitz Chem

This acquisition advances the strategy of the Nagase Group for growth in the specialty chemicals market in the U.S.

August 25, 2017

Nagase America recently announced that it has acquired US-based specialty chemicals distributor Fitz Chem Corp.

Ingevity to Acquire Georgia-Pacific’s Pine Chemicals Business

Ingevity expects to close on the transaction in late 2017.

August 25, 2017

Ingevity Corp. recently announced it has reached an agreement with Georgia-Pacific to acquire its pine chemicals business for a cash purchase price of $315 million.

SASCO Chemical Acquires Michelman Wood Release Products

Michelman will reportedly continue to manufacture the acquired products for PSG while the production capacity is ramped up at PSG production facilities.

August 14, 2017

SASCO Chemical recently announced that it has acquired the wood release agent product line of Michelman Inc.