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Azelis | January 17, 2022
Azelis a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces the acquisition of a majority stake in Catalite Co., Ltd. a well-established distributor of specialty chemicals in the Personal Care and Home Care market segments, as well as industrial formulators, intermediates and coatings, in Thailand. The acquisition reinforces the Group’s footprint in the Life Sciences market, and complements its Industrial Chemicals ...
IFF | August 27, 2021
IFF today announced it has entered into an agreement to sell its Microbial Control business unit to LANXESS, a leading specialty chemicals company that develops, manufactures and markets chemical intermediates, additives, specialty chemicals and plastics. The transaction is valued at $1.3 billion and the cash proceeds net of taxes and expenses will be primarily used to reduce outstanding debt. “Today’s announcement is part of a strategic portfolio review and is g...
Prnewswire | October 23, 2020
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose 0.8 percent in September following a 0.8 percent gain in August and a 1.0 percent increase in July. During September, chemical output expanded in all regions, with the largest gains occurring in the Northeast. The U.S. CPRI is measured on a three-month moving average (3MMA) basis. In September, chemical production continued to improve in many segments, including, chlor-alkali, organic ...
BroadPeak | November 24, 2020
Mr. Stephen Toy, beforehand Founding Member and Co-Head of WL Ross and Co. LLC and Global Head of Private Equity at Invesco Private Capital; and Mr. Nadim Qureshi, already Managing Partner and Head of Industrials and Chemicals at WL Ross and Co. LLC and Invesco Private Capital; have framed BroadPeak Global LP, an autonomous private value firm committed to astute buyouts and exceptional circumstances exchanges in the worldwide industrials, materials and synthetics areas. The two fe...
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