Keyword: divestment

News

DuPont to Divest Majority Stake in Delrin Business to TJC

23.08.2023 -

DuPont has agreed to sell an 80.1% ownership interest in the Delrin acetal homopolymer (H-POM) business to private equity company TJC in a transaction valuing the...

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Lanxess to Sell Chrome Chemicals to Brother

14.08.2019 - German specialty chemicals producer Lanxess is selling its chrome chemicals business to Chinese leather chemicals company Brother Enterprises for an undisclosed sum. The agreement...

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Huntsman to Sell Intermediates to Indorama

12.08.2019 - US chemical producer Huntsman has agreed to sell its chemical intermediates businesses to Thailand-based global polyester market leader Indorama Ventures for nearly $2.1 billion...

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Inter Pipeline Mulls Sale of European Storage Assets

12.08.2019 - Canadian energy infrastructure company Inter Pipeline is exploring a sale of its Inter Terminals European bulk liquid storage business. Should a sale take place, the company said...

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Hovione to Sell iMAX Business, Reports Site Inspections

08.03.2018 - Hovione plans to withdraw from generic contrast media manufacturing to focus on other business segments including contract development and manufacturing of innovative therapies and...

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Total Sells Atotech to Carlyle Group

10.10.2016 - French energy group Total has agreed to sell its Atotech division to US-based equity firm The Carlyle Group for $3.2 billion. The move is part of the previously announced three...

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Solvay Said Trying to Sell PA Business

13.01.2016 - Solvay has hired investment banker Goldman Sachs to find a buyer for the polyamide business it picked up for the most part with the acquisition of Rhodia in 2011, the Belgian...

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EU Attaches Strings to Solvay’s Cytec Buy

07.12.2015 - The European Commission has approved Solvay’s proposed acquisition of Cytec Industries on the condition that the Belgian chemical producer divests its activities in phosphor-based...