Specialty chemicals company Clariant and Ashland Inc. have entered into a definitive agreement to sell their joint venture, ASK Chemicals headquartered in Hilden, Germany, to investment funds affiliated with Rhône, a London and New York-based private equity investment firm.
Following an announcement in June 2013, AkzoNobel has agreed to sell 67 of its 72 German decorative paints stores to five independent wholesale distributors.
Arkema announced a plan to divest its two South African subsidiaries, Arkema Resins Proprietary Ltd. and Harveys Composites Proprietary Ltd., to South African company Ferro Industrial Products Proprietary Ltd.
After reporting a decline in earnings for the second quarter, chemical company DuPont is considering the sale of its Performance Chemical segment, which includes its Titanium Technologies business
Specialty chemicals company Perstorp Holding AB (Perstorp) has sold its formaldehyde technology and catalyst business, Formox AB, to Johnson Matthey Plc, a global specialty chemicals company and a leader in sustainable technologies.
Kemira Oyj and Rockwood Holdings Inc. have signed an agreement in which Rockwood will buy Kemira's share of the titanium dioxide joint venture Sachtleben GmbH in a deal worth EUR 97.5 million.
PPG Industries has closed the separation of its commodity chemicals business and merger of its wholly-owned subsidiary, Eagle Spinco Inc., with a subsidiary of Georgia Gulf Corp.
