Mergers/Acquisitions
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Announcements and updates regarding merger and acquisition activities.

ARTICLES

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Dow to Sell Acetone Derivatives Business to Altivia

The divestiture includes production assets located in Institute, W.Va., in addition to the site infrastructure, land, and utilities.
August 21, 2019
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Dow recently announced that it has reached an agreement for the divestiture of its Acetone Derivatives business to Altivia Ketones & Additives, LLC, an affiliate of Altivia, a privately held producer of chemicals headquartered in Houston, Texas.
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Ashland Receives Remaining Regulatory Approvals Related to the Sale of its Composites Business and Butanediol Facility

The companies continue to expect a closing in the late summer of 2019.
August 20, 2019
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Ashland Global Holdings Inc. recently announced that it has received the remaining regulatory approvals needed to close the previously announced sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany, to INEOS Enterprises Holdings Limited.


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Duralar Acquired by AGM Container Controls

Both AGM and Duralar are currently headquartered in Tucson, Ariz.; Duralar will be relocated into the AGM headquarters facility by the end of the year.
August 15, 2019
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AGM Container Controls, Inc. recently announced its acquisition of Duralar Technologies, a manufacturer of advanced ultra-hard metal coatings and coating systems.
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Huntsman to Sell Chemical Intermediates and Surfactants Businesses to Indorama Ventures for $2.1 Billion

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.
August 14, 2019
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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.
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Chromaflo Acquires Liquid Colours’ Dispersion Division

The newly acquired colorant dispersion division reportedly includes pigment dispersions and colorant technologies for decorative paint point of sale, in-plant systems, industrial coatings, and other applications that will be integrated into Chromaflo’s recently built plant in Johannesburg.
August 5, 2019
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Chromaflo Technologies Corp. recently announced that it has concluded a purchase agreement with Liquid Colours (Pty.) Limited of South Africa.
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Bostik Prochimir acquisition

Bostik to Acquire Adhesive Films Manufacturer Prochimir

This acquisition would reportedly enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications in the automotive, construction, textile, and medical markets.
July 30, 2019
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Arkema recently announced that Bostik plans to acquire Prochimir, a company specializing in high-performance thermobonding adhesive films.


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