Nampak invests almost R1 Billion in Glass Packaging
Nampak has announced that it has acquired the other 50% share in its glass packaging business from Wiegand-Glas for R938 million.
Acquisitions
News Plastech
Lanxess has acquired biocide manufacturer Verichem
Lanxess has acquired biocide manufacturer Verichem based in Neville Township near Pittsburgh.
Bayer MaterialScience sells Viverso to Nuplex Industries
Bayer MaterialScience AG has signed a contract for the sale of its Viverso GmbH subsidiary to Nuplex Industries Ltd., for EUR 75 million.
Clariant acquires Oberhausen Technology Center
The Swiss specialty chemicals group Clariant has acquired German company Oberhausen Technology Center (OTC) to further strengthen its Industrial & Consumer Specialties Business Unit (ICS). Financial details of the acquisition are not being disclosed.
Thailand preferred location for next state-of-the-art Ingeo manufacturing facility
NatureWorks LLC, the world’s leading bioplastics manufacturer, announced that Thailand’s largest chemical producer, PTT Chemical Public Company Limited (PTT Chemical) is investing US$150 million in NatureWorks.
Braskem solidifies its U.S. polypropylene leadership
Braskem, the leading resin producer in theAmericas, announced the completion of its acquisition of the PolypropyleneBusiness from The Dow Chemical Company, an important milestone in the Company'sglobal expansion.
PolyOne acquires ColorMatrix Group
PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, announced an agreement to acquire ColorMatrix Group, Inc., the leading global innovator in liquid colorants, additives and fluoropolymers.
Indorama buys Europe’s largest PET recycler
Major global PET supplier Indorama Ventures is set to own Europe’s largest PET recycler - Wellman International.
Sibur acquires JSC Acrylate
Sibur has bought JSC Acrylate - the only CIS-based producer of acrylic acid and its esters - from ATEK Group.
Evonik exits carbon black business
German Evonik Industries, a global leader of chemicals completed the sale of its black carbon activities to the US based investors Rhône Capital and Triton Partners. Carbon black activities brought sales worth of around €1.2 billion in 2010. New business operates as Orion Engineered Carbons.
Braskem is buying Dow to conquer PP market
Braskem SA from Brazil, the leading resin producer in the Americas has udertaken an important step in the polypropylene market and will pay $323 million for the acquisition of the Polypropylene Business from The Dow Chemical Company.
La Seda de Barcelona sells its PET plant in Portugal
La Seda de Barcelona (LSB) and the company Control PET, SGPS, S.A, an investee of Imatosgil and Banco Espirito Santo, have formalised a sale-purchase agreement for the Portalegre based PET production plant Artenius Portugal.
