The Chemours Co. has signed a definitive agreement to sell its aniline facility in Beaumont, TX, to The Dow Chemical Co. for approximately $140 million in cash.
Ferro Corp. has signed a definitive agreement with the shareholders of Egypt-based tile coatings manufacturer Al Salomi for Frit and Glazes (Al Salomi) to acquire 100 percent of the equity of Al Salomi.
ALTIVIA Petrochemicals has completed the acquisition of the Haverhill Chemical assets, which produce phenol, acetone, alpha-methylstyrene (AMS) and bisphenol-A (BPA).
Azelis Group (Azelis), Antwerp, Belgium, has signed a binding agreement to acquire U.S.-based KODA Distribution Group (KDG), significantly enhancing its position as a leading global specialty chemicals distributor.
Orion Engineered Carbons S.A. (Orion) and Evonik Industries AG (Evonik) announced agreements on transactions where Orion will acquire Evonik’s 52 percent stake as well as Deutsche Investitions- und Entwicklungsgesellschaft mbH’s (DEG) 15 percent stake in Qingdao Evonik Chemical Co. Ltd. (QECC).
PPG Industries has completed its acquisition of a majority interest in the aerospace and automotive sealants and adhesives business of Le Joint Français (LJF), a long-term licensee of PPG’s aerospace sealant technology.
Kraton Performance Polymers Inc. has entered into a definitive agreement to acquire all of the capital stock of privately held Arizona Chemical Holdings Corp. for a cash purchase price of $1.37 billion.
PPG Industries has completed its previously announced acquisition of the remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises.