Kraton’s planned acquisition by DL Chemical continued to hold readers’ interest last week (Kraton Enters Definitive Agreement to be Acquired by DL Chemical): “‘DL Chemical has been conducting the petrochemical business responsibly within the DL Group for 46 years,’ said Sang Woo Kim, vice chairman and CEO of DL Chemical. ‘After acquiring Kraton’s Cariflex business last year, we have successfully integrated that business within the DL Group. We also have been highly interested in Kraton’s specialty polymer and bio-based chemical business, and this combination will allow us to provide our customers with a wider range of innovative products, while adding the ability to serve a diverse range of end markets in over 70 countries worldwide.’
“The agreement was unanimously approved by Kraton’s board of directors, which has recommended that Kraton stockholders vote in favor of the transaction. The acquisition is subject to certain customary closing conditions, including the receipt of stockholder and regulatory approvals, and is expected to close by the end of the first half of 2022.”
How are acquisitions shaping the industry? Please contact me at suttons@bnpmedia.com to share your thoughts.
Top 5 News that Sticks for October 3-9
- Kraton Enters Definitive Agreement to be Acquired by DL Chemical 2nd week at #1
- Hexion Plans to Separate into Two Independent Companies
- Ford to Build New Electric Vehicle Mega-Campus in Tennessee, Battery Plants in Kentucky
- Fedrigoni Receives EcoVadis Gold Rating
- 3M Announces Bonding Process Center Evolution #2 last week
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.
Kraton’s planned acquisition by DL Chemical continued to hold readers’ interest last week (Kraton Enters Definitive Agreement to be Acquired by DL Chemical): “‘DL Chemical has been conducting the petrochemical business responsibly within the DL Group for 46 years,’ said Sang Woo Kim, vice chairman and CEO of DL Chemical. ‘After acquiring Kraton’s Cariflex business last year, we have successfully integrated that business within the DL Group. We also have been highly interested in Kraton’s specialty polymer and bio-based chemical business, and this combination will allow us to provide our customers with a wider range of innovative products, while adding the ability to serve a diverse range of end markets in over 70 countries worldwide.’
“The agreement was unanimously approved by Kraton’s board of directors, which has recommended that Kraton stockholders vote in favor of the transaction. The acquisition is subject to certain customary closing conditions, including the receipt of stockholder and regulatory approvals, and is expected to close by the end of the first half of 2022.”
How are acquisitions shaping the industry? Please contact me at suttons@bnpmedia.com to share your thoughts.
Top 5 News that Sticks for October 3-9
- Kraton Enters Definitive Agreement to be Acquired by DL Chemical 2nd week at #1
- Hexion Plans to Separate into Two Independent Companies
- Ford to Build New Electric Vehicle Mega-Campus in Tennessee, Battery Plants in Kentucky
- Fedrigoni Receives EcoVadis Gold Rating
- 3M Announces Bonding Process Center Evolution #2 last week
This weekly roundup highlights the adhesives, sealants, and coatings-related news stories that garnered the most attention during the previous week on our website, as well as our eNewsletters and social media platforms.
