The transaction comprises a cash purchase price of approximately $1.93 billion, which includes estimated adjustments to the purchase price for working capital, plus the transfer of up to approximately $76 million in net underfunded pension and other post-employment benefit liabilities.
January 7, 2020
Huntsman Corp. has completed the previously announced sale of its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures for approximately $2 billion.
Liquid polysulfide polymers are aliphatic resins that provide beneficial chemical resistivity, weatherability, gasoline and jet fuel resistance, and gas barrier properties, as well as easy processability. In the cured state, these polysulfides feature plasto-elastomeric properties in which polysulfides can undergo self-healing.
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In addition to an updated look and feel, the updated Palmer Holland website reportedly presents a more intuitive interface and robust functionality that caters to users of all backgrounds and stages of the buyers’ journey.
January 2, 2020
Palmer Holland recently announced that it has launched its newly designed website focused on enhanced user experience and content quality.
The global isocyanates market is witnessing consistent demand in the construction industry due to its reactive chemical properties and its usage in the production of adhesives, foams, and elastomers.
January 2, 2020
The global isocyanate market is projected to record an expansion rate of around 6% from 2019-2027.
With more than 7,000 employees, BASF’s Construction Chemicals business operates production sites and sales offices in more than 60 countries.
December 31, 2019
BASF and an affiliate of Lone Star, a global private equity firm, recently signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business.
Min Chong is joining Ashland to lead the Specialty Additives business unit, and Tim Pione will be leading the Performance Adhesives business unit.
December 30, 2019
In line with its recently communicated business unit structure, Ashland has announced new business leaders for its Specialty Additives and Performance Adhesives businesses.