Eastman Chemical Company has entered into a definitive agreement with Viceroy Acquisition Corp. for the sale of its Arkansas-based wholly owned subsidiary, Eastman SE, Inc., which includes Eastman's Batesville, Ark., manufacturing facility and its related assets and product lines.
To meet the rising demand for environmentally friendly, high-performance rheology additives, global specialty chemicals supplier Cognis has now consolidated the European production of its DSX® range of rheology additives at its site in Castellbisbal, near Barcelona.
BASF has been named by Ford Motor Company as one of its preferred global suppliers, joining a select list of 36 suppliers in Ford's "Aligned Business Framework."
Malvern Instruments Ltd., manufacturer of particle and rheological characterization systems, has acquired the assets of Spectral Dimensions, Inc., Olney, Md., a privately held U.S. company producing near infrared (NIR) chemical-imaging instrumentation and software.
Imperial Chemical Industries PLC has reached an agreement to sell its oleochemicals and surfactants business, Uniqema, based in Gouda, the Netherlands, to Croda International PLC for a gross consideration of £410 million, subject to closing balance-sheet adjustments, including working capital and net debt.
Ciba Specialty Chemicals has sold its Textile Effects business to Huntsman Corp., The Woodlands, Texas, for a consideration of CHF 332 million, consisting of cash and assumed debt of CHF 75 million.
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