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Home » divestments

Articles Tagged with ''divestments''

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BASF to Divest Shares in Two Joint Ventures

February 10, 2024
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As part of the company’s global strategy for 1,4-butanediol (BDO), it has assessed the market environment and product carbon footprints (PCF) of BDO and its downstream products from different production sites worldwide.


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Mergers and Acquisitions

Hempel Completes the Sale of Its Russian Assets

July 28, 2023
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The new owner has taken over the assets and employees with immediate effect. No active business is included in the sale.



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Perstorp Sells Remaining Shares of Vencorex

July 19, 2022
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Vencorex recently announced that the group is now owned by a single shareholder: PTTGC International (Netherlands) B.V., a wholly owned subsidiary of the Thai company PTT Global Chemical. 


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PPG Announces Divestment of Certain Business Activities in Africa to Océinde

April 4, 2022
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PPG recently announced that it has agreed to divest certain business activities in Senegal, Ivory Coast, Cameroon, Gabon and Algeria to Océinde, an industrial group based in Réunion, France. 


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Flint Group Completes Sale of XSYS Division

March 9, 2022
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Flint Group recently confirmed the successful completion of the sale of its XSYS division to an affiliate of Lone Star Funds, a global private equity firm. 


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Hexion Completes Sale of Phenolic Specialty Resins, Hexamine and European-Based Forest Products Resins Businesses

May 6, 2021
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Hexion Inc. announced that it has completed the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial.
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ResinsPolymers-123469626.jpg

Hexion Updates Timing for Sale of Phenolic Specialty Resins, Hexamine and European-Based Forest Products Resins Businesses

April 7, 2021
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Hexion Inc. announced that it is working to complete a limited number of the necessary government approvals and other customary closing conditions to complete the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses.
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ArchitecturalCoatings-126260819.jpg

Sherwin-Williams to Divest Wattyl Business

March 24, 2021
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The Sherwin-Williams Co. recently announced it has signed a purchase agreement with global coatings company Hempel A/S to divest Wattyl, an Australian and New Zealand manufacturer and seller of architectural and protective paint and coatings.
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Gelest

Gelest Shareholders Close Sale to Mitsubishi Chemical

October 9, 2020
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Gelest announced it has completed the sale of Gelest Intermediate Holdings to Mitsubishi Chemical America Inc., the U.S. subsidiary of Mitsubishi Chemical Corp.
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Hexion

Hexion Sells Phenolic Specialty Resins, Hexamine and European-Based Forest Products Resins Businesses

October 2, 2020
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Hexion Inc. announced that it has entered into a definitive agreement to sell its Phenolic Specialty Resin, Hexamine and European-Based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial.
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