SK Capital to acquire Polyone’s Performance Products and Solutions business

(adsbygoogle = window.adsbygoogle || []).push({}); US-based specialized polymer materials, services and solutions provider PolyOne has agreed to divest its Performance Products and Solutions (PP&S) business to SK Capital, a private investment firm, for a cash consideration of $775 million. PP&S with sales of approximately $700 More...

by Raghuram Kadari | Published 6 days ago
By Raghuram Kadari On Monday, August 19th, 2019
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ThalesNano to launch new heterogeneous chemical reactor and multiwavelength photoreactor

ThalesNano, a Hungary-based solution provider for chemists, will introduce MicroCube and the PhotoCube series at the 258th American Chemical Society National Meeting & Exposition, to be held on the 25th August More...

By Raghuram Kadari On Saturday, August 17th, 2019
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Cemvita secures funding from OLCV to advance low-carbon technology

Houston-based biotechnology startup Cemvita Factory has entered into an investment agreement with Occidental subsidiary Oxy Low Carbon Ventures (OLCV) to advance the development of innovative low-carbon technology. The More...

By Raghuram Kadari On Friday, August 16th, 2019
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Sibur upgrades terephthalic acid production facility in Blagoveshchensk

Russian petrochemicals company Sibur has upgraded its terephthalic acid production facility (TPA production facility) at its Blagoveshchensk site in Russia to meet the growing demand for the polymer in the country More...

By Raghuram Kadari On Thursday, August 15th, 2019
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BASF and TU Berlin to advance artificial intelligence through BASLEARN

German chemical producer BASF and Technische Universität Berlin (TU Berlin) have partnered to cooperate in the area of machine learning through the Joint Lab for Machine Learning (BASLEARN) to be based in Berlin, More...

By Raghuram Kadari On Thursday, August 15th, 2019
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Domo Chemicals to acquire Solvay’s Performance Polyamides Business in Europe

Belgian chemical company Solvay has agreed to sell its Performance Polyamides Business in Europe to Domo Chemicals for approximately €300 million as part of the European Commission’s merger control clearance More...

By Raghuram Kadari On Thursday, August 15th, 2019
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Dow to divest its acetone derivatives business to Altivia

US commodity chemical company Dow has agreed to sell its acetone derivatives business to Altivia Ketones & Additives, an affiliate of Altivia Petrochemicals, for an undisclosed amount. In addition to the Institute More...

By Raghuram Kadari On Wednesday, August 14th, 2019
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Ineos breaks ground on new acrylonitrile styrene acrylate plant in Bayport

Styrenics applications provider Ineos Styrolution has broken ground on its new acrylonitrile styrene acrylate plant in Bayport, Texas, US, as part of expansion plans for the Americas. The new acrylonitrile styrene More...

By Raghuram Kadari On Tuesday, August 13th, 2019
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Brother Enterprises to acquire Lanxess chrome chemicals business for $93m

Lanxess, a US-based specialty chemicals company, has signed an agreement to sell its chrome chemicals business Lanxess CISA to Chinese leather chemicals producer Brother Enterprises for €83.05 million ($93.06 More...

By Raghuram Kadari On Friday, August 9th, 2019
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Indorama to acquire Huntsman’s chemical intermediates and surfactants units

US chemical manufacturing company Huntsman has agreed to divest its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Thai petrochemicals producer Indorama Ventures for More...