International Paper has agreed to sell its Arizona Chemical business to Rhone Capital III L.P. for approximately $485 million, subject to certain adjustments.
WILTON, Conn. - Momentive Performance Materials Inc., the new company created by the sale of GE’s Advanced Materials business to Apollo Management, L.P., will operate as one global entity focused on technology and service excellence in the silicones, quartz and ceramics industries.
WILMINGTON, Del. - DuPont, has agreed to sell its Special Adhesives business to Bostik GmbH. Financial details were not disclosed. The sale is subject to approvals by appropriate government agencies.
GURNEE, Ill. - Chicago Boiler Company, also known as CB Mills, purchased Chemical Process Equipment, Inc., and all its inventory. CB Mills welcomes all customers having done business with CPE.
STAMFORD, Conn. - Since the sale of the market research firm Business Communications Company (BCC) to Eli Research, Durham, N.C., four former BCC research analysts have joined together to launch a new industry and market-analysis group, Innovative Research and Products (iRAP) Inc.