SRF Ltd. (New Delhi, India; www.srf.com), a refrigerant manufacturer in India, signed a binding agreement to purchase DuPont’s global HFC-134a regulated medical-pharmaceutical propellant business. This DuPont Fluorochemicals business is part of the Performance Chemicals segment of DuPont, which is anticipated…
Ferro Corp. (Mayfield Heights, Ohio; www.ferro.com) announced that it has completed the sale of the majority of the assets of its Polymer Additives business to Polymer Additives, Inc., a wholly owned portfolio company of H.I.G. Capital, LLC, for approximately $154 million in…
Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) announced the completion of a $4 billion credit facility for its ethane cracker and derivatives at an existing site in Lake Charles, Louisiana. “Securing this financing facility is another key milestone in advancing a…
Momentive Performance Materials Inc. (Albany, N.Y.; www.momentive.com) has announced that John G. (“Jack”) Boss has been named chief executive officer (CEO) and president of the company and its indirect parent, MPM Holdings Inc., and that Bradley J. Bell has been…
The specialty chemicals group Altana AG (Wesel, Germany; www.altana.com) has acquired two companies in Brazil. As a result, the company’s Actega division now has its own sites in South America's largest country. Both of the acquired companies are owner-operated and…
Mitsui Chemicals Inc. (MCI; Tokyo; www.mitsuichem.com) and SKC Co. SKC Co. (Seoul, Korea) announced the signing of a 50/50 joint venture (JV) agreement to consolidate the polyurethane material businesses of both companies. The newly formed company will establish headquarters located…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) has announced that it has entered into exclusive negotiations with the Axson Group to acquire Revocoat, a global supplier of sealants, adhesives and damper products for the automotive industry. PPG expects the transaction to…
Ineos Technologies (Rolle, Switzerland; www.ineos.com) has licensed its Innovene PP process for the manufacture of polypropylene (PP) homopolymers, random copolymers and impact copolymers to the Full-Tech (Changzhou) Chemistry & Development Co., a subsidiary of Fund Energy Investment Holdings Co. in…
Rogers Corp. (Rogers, Conn.; www.rogerscorp.com), a global leader in engineered materials solutions, has signed a definitive agreement to acquire Arlon, LLC, currently owned by Handy & Harman Ltd., for $157 million, subject to closing and post-closing adjustments. The transaction, which…
Clariant AG (Muttenz, Switzerland; www.clariant.com) has signed an agreement to divest its Water Treatment business operating in Argentina, Brazil and Colombia to Ecolab Inc. The transaction is subject to certain conditions precedent, as well as regulatory approvals. The Water Treatment…