Clariant AG (Muttenz, Switzerland) completed the sale of its Pigments business to a consortium of Heubach Group (Heubach) and SK Capital Partners (SK Capital). As announced upon signing of the transaction, the base enterprise value of the sale amounts to…
Cargill, Inc. (Minneapolis, Minn.) reached an agreement with Croda International Plc (Snaith, U.K.) to acquire the majority of its performance technologies and industrial chemicals business for EUR 915,000,000 ($ 1.03 billion) on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s…
A new company - Elessent Clean Technologies - has launched, as an international private equity consortium, consisting of BroadPeak Global LP, Asia Green Fund (AGF) and The Saudi Arabian Industrial Investments Company (Dussur), completed its transaction to purchase the Clean…
SK Geo Centric (SKGC), a subsidiary of SK Innovation (Seoul, South Korea) and Tokuyama Corp. (Tokyo) plan to invest roughly KRW 120 billion (around $100 million) in a joint venture (JV) in Ulsan, Korea. The JV will produce and sell…
Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (Mumbai), has signed definitive agreements to acquire 100% shareholding in Faradion Ltd. (Sheffield, U.K.) for an enterprise value of £100 million. In addition, RNESL will also…
Röhm (Darmstadt, Germany) announced that it has invested a double-digit million amount in the expansion of a production plant for PLEXIGLAS (branded in the Americas as ACRYLITE) molding compounds in Shanghai. In November 2021, Röhm also announced the expansion of…
Clariant AG (Muttenz, Switzerland) has signed definitive agreements to acquire BASF’s U.S. Attapulgite business assets for $60 million in cash, including the signing of a long-term supply agreement for attapulgite-based products to BASF. The acquisition is subject to customary closing…
Merck KGaA (Darmstadt, Germany) announced that its Life Science business sector has been awarded a €121 million contract award for the construction of a lateral flow membrane production facility over a three-year period at the company’s U.S. site in Sheboygan, Wisconsin.…
INVISTA Textiles (U.K.) Ltd. and China Resources Yantai Nylon Co., a subsidiary of China Resources Holdings, held a ceremony commemorating the signing of an agreement for the licensing of INVISTA’s nylon 6,6 polymerization technology. With INVISTA’s leading expertise in nylon…
In collaboration with Kolon Industries, SK Geo Centric (SKGC), a subsidiary of SK Innovation (all Seoul, South Korea), announced that it is going to commercialize and launch the manufacture of polybuthylene Adipate-co-Terephthalate (PBAT), an eco-friendly biodegradable plastic material. PBAT is…