AOC

AOC Buys Czech Resin Plant

US resins producer AOC has agreed with Czech company Spolchemie and its second largest shareholder Kaprain Investment Group to buy the unsaturated polyester resin (UPR) manufacturing operations at Usti nad Labem.

Ashland Sells Maleic Anhydride Portfolio to AOC

US chemical producer Ashland said it has reached a “definitive agreement” to sell its maleic anhydride (MA) business and the production plant at Neal, West Virginia, to AOC Materials for $100 million. The transaction is expected to close by the end of 2020, pending all approvals.

Supervisory Chief Ousted at Stada