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PTT | July 13, 2021
Thailand's PTT Global Chemical PCL will pay 4 billion euros (US$4.75 billion) to buy Allnex Holding GmbH, a European specialty chemicals producer, to expand its presence in high-value chemicals products.
PTT Global stated in an exchange statement yesterday that it will buy all of Allnex Holding's common shares for 132.6 billion baht (US$4.1 billion) and assume 426 million euros in debts.According to the company, the acquisition would be financed with its cash and help from...
Celgard, LLC and American Battery Factory | August 23, 2022
Celgard, LLC a subsidiary of Polypore International, LP is pleased to announce it has entered into a strategic alliance agreement with American Battery Factory. Celgard and ABF will undertake joint research projects to commercialize state-of-the-art next generation products for reliable high-technology prismatic lithium iron phosphate batteries in the U.S.
Under the terms of the agreement, Celgard will supply 100% of ABF's separator needs for LFP battery cells in the U.S. Furt...
NOVA Chemicals | October 21, 2020
NOVA Chemicals Corp. announced that it has agreed to sell its expandable styrenics business to a subsidiary of Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico). The parties expect to close the transaction in the fourth quarter. The sale of its expandable styrenics business is an important step in NOVA Chemicals’ plan to focus on its olefin and polyethylene business, which includes additional investments to advance a global circular economy for plastic. “This transaction provides...
PRODUCTS AND TECHNOLOGIES
Westlake | November 25, 2021
Westlake Chemical Corporation, announced that it has entered into a definitive agreement with Hexion Inc. to acquire Hexion’s global epoxy business for approximately $1.2 billion. Based in Rotterdam, The Netherlands, Hexion’s epoxy business is an industry leader in the manufacture and development of specialty resins, coatings and composites for a variety of industries, including high-growth and sustainability-oriented end-uses such as wind turbine blades and light-weight automotive s...
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