BASF have acquired the Vistanex (TM) LM polyisobutylene business of Exxon Mobil. No details were released regarding the transaction which did not involve any manufacturing sites or personnel.
BASF already manufactures...
GE have entered into an agreement to acquire OSi Specialties, the organosilicones business of Compton Corp, via their business unit GE Specialty Materials. Compton will receive US$645 million in cash and GE’s Speci...
Goodyear are exploring the possibility of selling off their chemical business. They are looking at this option to try and enhance their financial flexibility and to focus future investments on their core business.
Goo...
UCB have just received approval from the European Commission and have completed their acquisition of Solutia’s specialty Chemicals division for US$500 million. This follows on from the US Federal Trade Commission a...
Governing bodies have given the green light to Belgian company UCB to acquire the specialty chemicals business of Solutia for $500 million. The specialty chemicals business of Solutia incorporates their resins, additives...
Borregaard have just completed their purchase of the Swiss company Atisholz. The acquisition which has cost Borregaard for CHF 130 million, free of liabilities and including working capital was first announced on Septemb...
Solutia have signed a definitive agreement with UCB S.A. to sell their resins, additives and adhesives businesses for US$500 million. To this end, UCB have made an upfront payment of US$10 million for a short period of e...
BASF have increased their medium molecular weight polyisobutene production capacity by 10,000 tons per annum in its Ludwigshafen plant. The production increase has been made possible by constructing a new plant section d...
Clariant today announced the sale of its European emulsions business and its global emulsion powders businesses to Celanese AG (Germany) for a total of CHF 213.5 million.
The sale includes manufacturing operations in ...
Goodrich has developed FASTprop™, an innovative electrothermal de-icing system for aircraft propellers. The patented system used pressure sensitive adhesives and is simple to install.
The installation is easy an...
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