Solvay

Chemistryworld | September 21, 2017

Chemicals giant BASF has agreed to buy Belgian materials specialist Solvay’s integrated polyamide business in a deal that values the segment at €1.6 billion (£1.4 billion).The deal covers Solvay’s ‘upstream’ polymer and intermediates production, through to finished materials processing and engineering plastics. Around 2400 Solvay employees will transfer to BASF across sites in Europe, Asia and the Americas. Solvay will retain some parts of the business in Latin...

plastics.com | November 16, 2017

Specialty chemicals company LANXESS is expanding its Additives segment and plans to acquire the phosphorus chemicals business with a US production site from Belgian chemical group Solvay. Both companies have signed an agreement to this effect. The transaction is projected to conclude in the first half of 2018, subject to customary regulatory approvals....

chemeng online | January 16, 2019

PMC Ouvrie SAS, France, a wholly owned subsidiary of PMC Group International Inc. (Mount Laurel, N.J.; www.pmc-roup.com), which is an independent arm of PMC Group Inc., announced the acquisition of a hydrocolloid product line from Solvay, S.A. (Brussels, Belgium; www.solvay.com). These products will be sold globally to the home and personal care (HPC), industrial and coatings markets under the trade names Rhodicare CFT, Rhodicare D, Rhodicare H, Rhodicare S, Rhodicare T, Rhodicare XC, Rhodopol 2...

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...