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Stepan Co. announced that it has entered into an agreement to acquire the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC.
ADEKA recently received FDA approval to increase usage levels up to 3% by weight (dry), reportedly allowing adhesive manufacturers to achieve optimal polymerization stability.
ADEKA Corp. recently announced that its REASOAP series has received U.S. Food and Drug Administration (FDA) approval to increase maximum usage levels in accordance with FDA 21 CFR 175.105 (Adhesives) and 175.125 (Pressure-Sensitive Adhesives).
Surfactants are widely used in a range of adhesives and sealants, primarily to promote the wetting of surfaces to promote adhesion. Unfortunately, some of them have been found to have suspect toxicity profiles or environmental issues.
In addition to lower VOC content and improved product labeling, SURFYNOL 104 Z defoams, wets, improves leveling, and has no negative impact on the formulation.
Evonik’s Coating Additives business line recently announced a new-generation SURFYNOL 104 Z additive that contains virtually no volatile organic compounds (VOCs).
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.
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.
Chris Urban, Patrick Conover, Cathi Mowery, and Hannah Davis have joined Pilot Chemical to support the growth of the company’s surfactant and biocide product lines.
Under the terms of the agreement, Indorama Ventures would acquire Huntsman’s manufacturing facilities located in Port Neches, Texas; Dayton, Texas; Chocolate Bayou, Texas; Ankleshwar, India; and Botany, Australia.
Huntsman Corp. recently announced that it has entered into a definitive agreement to sell its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures in a transaction valued at $2.076 billion.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.