Arkema has completed the divestment of its Sunclear plastic and aluminum sheet distribution business to BF Invest, its long-term trading party. The business that belongs to the French company’s PMMA arm and employs 354 people has annual sales of around €180 million and an enterprise value of €105 million. Arkema said the divestment of Sunclear is part of its program to shed assets worth €700 and refocus on core businesses.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Valerie Diele-Braun resigned from her position as CEO and member of the Executive Board of IMCD at the end of April for personal reasons.
Jens Birgersson becomes new Brenntag CEO
Honeywell will acquire Johnson Matthey's Catalyst Technologies business segment for €2.15 billion in an all-cash transaction.
Novo Nordisk recently announced changes to its executive leadership and Board of Directors.
