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.
Major global PET supplier Indorama Ventures is set to own Europe’s largest PET recycler - Wellman International.
Sibur has bought JSC Acrylate - the only CIS-based producer of acrylic acid and its esters - from ATEK Group.
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 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 (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.
Italy’s Amut acquires plastics and rubber recycling business.
Graham Packaging Company Inc. have announced the signing of a definitive merger agreement, and an amendment thereto, under which Graham Packaging will be acquired by Reynolds Group Holdings Limited in an all-cash transaction for $25.50 per share, or a total of approximately $4.5 billion including assumed indebtedness.
Mauser’s reconditioning subsidiary National Container Group (NCG) acquired the majority shares of the Italian company Maider IBC, a leading reconditioner of IBCs.
The products made by these two companies, operating in the plastic processing machine automation sector, complete the Negri Bossi injection machine range.
Berkshire Partners LLC, the Boston based private equity firm, and OMERS Private Equity Inc., the private equity arm of the OMERS Worldwide group of companies, today announced that they have signed a definitive agreement to jointly acquire Husky International Ltd. and its subsidiaries ("Husky") from Onex Corporation and its affiliated funds.
Chemical company Clariant now holds 96.15% of Süd-Chemie after closing a deal to acquire the company from One Equity Partners and the family shareholders. The overall transaction value amounts to approximately €1.9bn.