specialty materials

Brenntag Acquires Specialties Distributor in UK

German distribution giant Brenntag announced the acquisition of Lawrence Industries, an independent specialties distributor in the UK. The transaction, Brenntag said, further strengthens the company’s position within Material Science and across the coatings, adhesives, sealants and elastomers (CASE), construction, polymer and rubber industries. Financial details of the deal were not disclosed.

EU Clears Celanese’s Purchase of DuPont’s Mobility and Materials Business

The European Commission has cleared Celanese’s proposed purchase of DuPont’s Mobility and Materials (M&M) business after the former agreed to sell its global thermoplastic copolymer business to allay competition fears.

Advent-Lanxess Materials JV Takes Shape

The planned 60:40 specialty materials joint venture of German chemical producer and private equity group Advent International, announced at the end of May, is gradually taking on visible contours.

Dow Lifts Asset Sale Target to $4.5-6 Billion by End of 2015

Gelest Names Kelly Chemical Corp Exlclusive Distributor for Taiwan

Celanese Reports Fourth Quarter 2012 Results