Items Tagged with 'divestment'

The agreement represents a significant step in unlocking the value of BASF’s standalone businesses, as the company swiftly executes its Winning Ways strategy.

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

Dow has signed a sale and purchase agreement to sell its 50% interest in DowAksa Advanced Composites Holdings BV (DowAksa) to the other 50% partner in the joint venture. 

Henkel recently announced that the company has successfully completed the divestment of the Retailer Brands business in North America earlier than expected. 

Specialty chemicals company LANXESS announced that it has completed the sale of its Urethane Systems business to Japanese UBE Corp.

As part of its portfolio optimization in the Consumer Brands business, announced in February 2022, Henkel signed an agreement to sell its Retailer Brands business in North America to an affiliate of First Quality Enterprises LLC. 

The global chemical company OQ Chemicals has sold its Dutch esters plant in Amsterdam, The Netherlands, to Perstorp Group.

The sale is aligned with Berry’s strategy to transition its portfolio toward consumer-focused end markets. 

Along with the divestment, the company is realigning its building and construction market segments into a newly named global business unit.  

PPG has completed the sale of its silicas products business to Warsaw, Poland-based QEMETICA for approximately $310 million in pre-tax proceeds.