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ASK Chemicals to Acquire SI Group’s Industrial Resins Business

The transaction includes SI Group’s industrial resins products and associated manufacturing sites in Rio Claro, Brazil; Ranjangaon, India; and Johannesburg and Durban, South Africa.

July 15, 2019

SI Group recently announced an agreement to sell the majority of its global industrial resin businesses and its Brazilian specialty business to ASK Chemicals, a portfolio company of private equity firm Rhône Group, LLC.

Ashland Announces Amendment to Agreement with INEOS for Composites Business Acquisition

The amendment includes the removal of the maleic business from the sale; the purchase price remains unchanged at $1.1 billion.

July 12, 2019

Ashland Global Holdings Inc. recently announced an amendment to the purchase agreement for the sale of its Composites business and butanediol (BDO) manufacturing facility in Marl, Germany, to INEOS Enterprises.

Gelest Acquires Bimax

Bimax will continue to operate under the Bimax name, and all employees will be retained in their current roles.

July 11, 2019

Gelest, Inc. recently announced its acquisition of Bimax, a manufacturer and marketer of specialty monomers and polymers for use in the manufacture of contact lenses, intraocular lenses, personal care products, coatings and adhesives, and other advanced technology applications.

Synthomer Announces Agreement to Acquire OMNOVA Solutions

OMNOVA Solutions employs approximately 1,900 people and operates 13 sites across the U.S., Europe, and Asia.

July 10, 2019

Synthomer plc recently announced that it has reached an agreement with OMNOVA Solutions Inc. on the terms of a recommended acquisition of the entire issued and to-be-issued share capital of OMNOVA.

LANXESS Launches High-Performance Prepolymers Production in Brazil

In addition to increasing production capacity, the company reports that application development and technical services are provided from a state-of-the-art laboratory at the site.

July 9, 2019

LANXESS recently announced that it has started the production of high-performance prepolymers at its site in Porto Feliz, Brazil.

FEICA Signs Off on Validation Report for Isocyanate Test Method

FEICA reports that the validated test method is able to measure isocyanates down to a range of 0.01-0.15%.

July 9, 2019

FEICA recently announced that it has signed off on the Validation Report of the Currenta test method for the accurate measurement of low contents of free monomeric isocyanate in mixtures.

Multiple Applications Driving Strong Growth for Waterborne Epoxy Resins

Asia-Pacific held a dominant regional position in the waterborne epoxy resins market in 2018.

June 21, 2019

The global waterborne epoxy resins market was valued at nearly $2.8 billion in 2018 and is projected to exhibit a CAGR of 7.7% from 2019-2027.

Eastman Expands DEHA Capacity at St. Gabriel Site

Diethylhydroxylamine is used primarily in water treatment and in the production of various polymers, such as styrene-butadiene rubber (SBR).

June 18, 2019

Eastman Chemical Co. recently announced the successful completion of a de-bottlenecking of its diethylhydroxylamine (DEHA) unit in St. Gabriel, La.

Top 5 News that Sticks

Readers Drawn to Evonik Reorganization

Last week, readers were most interested in Evonik’s plans to reorganize part of its business.

Susan Sutton

June 3, 2019

Does your company have expansion plans? I’d love to hear about it!

Growth Momentum Projected to Accelerate for Global Styrene Butadiene Latex Market

The styrene butadiene latex market is fragmented, and the degree of fragmentation is expected to decrease by 2023.

May 30, 2019

The global styrene butadiene latex market is forecast to grow at a CAGR of almost 2% from 2018-2023, according to a recent report.

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