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PDH catalyst Last month, Clariant's Catalyst business (Munich, Germany; www.clariant.com)…
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Comment Business & Economics

Major M&As

By Chemical Engineering |

Last month, Hexion Specialty Chemicals, Inc. (Columbus, Ohio; edlinks.chemengonline.com/6898-546) signed a definitive agreement to acquire Huntsman Corp. (Salt Lake City, Utah) in an all-cash transaction valued at approximately $10.6 billion, including the assumption of debt. Huntsman has terminated its previous merger agreement with Basell (CE, July, p. 10) Meanwhile, Basell (Hoofddorp, Netherlands; edlinks.chemengonline.com/6898-547) signed a definitive agreement to aquire Lyondell Chemical Co. (Houston, Tex.; edlinks.chemengonline.com/6898-553) for approximately $19 billion, including the assumption of debt.
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Effective July 8, 2019, Victaulic (Lehigh Valley, Pa.; www.victaulic.com) has purchased Globe Fire Sprinkler (Standish, Mich.; www.globesprinkler.com). Combined, the two…

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