Specialty chemicals company LANXESS has successfully completed the acquisition of U.S. company Chemtura, one of the world’s leading suppliers of flame retardant and lubricant additives, effective April 21, 2017.
PPG has purchased the remaining 50% ownership interest in its Asian joint venture comprising IVC (Malaysia) Sdn Bhd and IVC-OPS (Singapore) Pte. Ltd. from its joint-venture partner, Omni-Plus System Pte. Ltd.
Axalta Coating Systems has entered into a definitive agreement with The Valspar Corp. and The Sherwin-Williams Co. to acquire the assets related to Valspar’s North American Industrial Wood Coatings business for $420 million in cash.
Milliken & Co., a supplier of polymer-bound colorants and additives, has acquired Keystone Aniline Corp., a global leader in dyes, pigments, pigment dispersions and polymers, headquartered in Chicago.
Grace Matthews, Inc. announced that Minneapolis-based Goldner Hawn Johnson & Morrison (GHJ&M) has acquired a majority position in Applied Adhesives, a former portfolio company of Ellipse Capital.
The Sherwin-Williams Co. and The Valspar Corp. have extended the termination date of the definitive agreement under which Sherwin-Williams will acquire Valspar from March 21, 2017 to June 21, 2017.
Chromaflo Technologies Corp. has executed a purchase agreement with Elementis Specialties Inc. in which Chromaflo Technologies has acquired the Elementis Tint-Ayd® line of colorant products and select Dapro® driers supplied from the United States.
Nexeo Solutions Inc. has entered into an agreement to acquire the Mexico City, Mexico-based specialty chemicals distribution business of Ultra Chem S. de R.L. de C.V. (Ultra Chem).