ExxonMobil Chemical announced an agreement to acquire Solutia Inc.'s 50% stake in Advanced Elastomer Systems, a partnership business of ExxonMobil Chemical and Solutia.
Littlejohn & Co., a private investment firm based in Greenwich, CT, has acquired Eliokem, the former North American and European specialty chemicals businesses of The Goodyear Tire and Rubber Co.
Degussa AG, D¿sseldorf, Germany, announced a production-capacity expansion for the polyamide 12 powder VESTOSINT(r) at the company's Marl, Germany, chemical complex.
OM Group Inc. has acquired the metal organics division of Rhodia in a deal that includes Rhodia's Metal Organics businesses and two manufacturing plants, in Manchester, UK, and Bethlehem, PA.
PPG Industries Inc. has acquired 27 Duron Inc. paint stores in the Chicago, Indianapolis and Columbus, OH, markets in a move that continues an expansion of PPG's retail architectural-coatings operations in North America.