Orion Engineered Carbons S.A. (Orion) and Evonik Industries AG (Evonik) announced agreements on transactions where Orion will acquire Evonik’s 52 percent stake as well as Deutsche Investitions- und Entwicklungsgesellschaft mbH’s (DEG) 15 percent stake in Qingdao Evonik Chemical Co. Ltd. (QECC).
PPG Industries has completed its acquisition of a majority interest in the aerospace and automotive sealants and adhesives business of Le Joint Français (LJF), a long-term licensee of PPG’s aerospace sealant technology.
Kraton Performance Polymers Inc. has entered into a definitive agreement to acquire all of the capital stock of privately held Arizona Chemical Holdings Corp. for a cash purchase price of $1.37 billion.
PPG Industries has completed its previously announced acquisition of the remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises.
The Protech/Oxyplast Group of Montreal, Canada, has reached an agreement to purchase the thermoplastic powder coatings business and assets of Union City Industries (UCI) of Union City, MI.
PPG Industries has reached a definitive agreement to acquire the remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises.