AGC Chemicals Americas Inc. (AGCCA; Exton, Pa.) announced an expansion at its Thorndale, Pennsylvania production facility that will add up to 50% more manufacturing, quality control lab and office space. The multiuse facility will be configured to meet the growing needs…
Thermo Fisher Scientific Inc. (Waltham, Mass.) and PeproTech, Inc., a leading developer and manufacturer of recombinant proteins, today announced that Thermo Fisher completed its acquisition of PeproTech on December 30, 2021 for a total cash purchase price of approximately $1.85 billion. Based…
WL Plastics Corp., a wholly owned subsidiary of INEOS USA LLC d/b/a INEOS Olefins & Polymers USA, has completed the acquisition of the polyethylene pipe extrusion assets of Charter Plastics, Inc. located in Titusville, Pennsylvania. This strategic acquisition provides the…
Clariant AG (Muttenz, Switzerland) completed the sale of its Pigments business to a consortium of Heubach Group (Heubach) and SK Capital Partners (SK Capital). As announced upon signing of the transaction, the base enterprise value of the sale amounts to…
Cargill, Inc. (Minneapolis, Minn.) reached an agreement with Croda International Plc (Snaith, U.K.) to acquire the majority of its performance technologies and industrial chemicals business for EUR 915,000,000 ($ 1.03 billion) on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s…
A new company - Elessent Clean Technologies - has launched, as an international private equity consortium, consisting of BroadPeak Global LP, Asia Green Fund (AGF) and The Saudi Arabian Industrial Investments Company (Dussur), completed its transaction to purchase the Clean…
SK Geo Centric (SKGC), a subsidiary of SK Innovation (Seoul, South Korea) and Tokuyama Corp. (Tokyo) plan to invest roughly KRW 120 billion (around $100 million) in a joint venture (JV) in Ulsan, Korea. The JV will produce and sell…
Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (Mumbai), has signed definitive agreements to acquire 100% shareholding in Faradion Ltd. (Sheffield, U.K.) for an enterprise value of £100 million. In addition, RNESL will also…
Röhm (Darmstadt, Germany) announced that it has invested a double-digit million amount in the expansion of a production plant for PLEXIGLAS (branded in the Americas as ACRYLITE) molding compounds in Shanghai. In November 2021, Röhm also announced the expansion of…
Clariant AG (Muttenz, Switzerland) has signed definitive agreements to acquire BASF’s U.S. Attapulgite business assets for $60 million in cash, including the signing of a long-term supply agreement for attapulgite-based products to BASF. The acquisition is subject to customary closing…