Hexion Inc. announced that it is working to complete a limited number of the necessary government approvals and other customary closing conditions to complete the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses.
The Sherwin-Williams Co. recently announced it has signed a purchase agreement with global coatings company Hempel A/S to divest Wattyl, an Australian and New Zealand manufacturer and seller of architectural and protective paint and coatings.
Gelest announced it has completed the sale of Gelest Intermediate Holdings to Mitsubishi Chemical America Inc., the U.S. subsidiary of Mitsubishi Chemical Corp.
Hexion Inc. announced that it has entered into a definitive agreement to sell its Phenolic Specialty Resin, Hexamine and European-Based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial.
Huntsman Corp. has entered into a definitive agreement with funds advised by SK Capital Partners LP to sell approximately 42.5 million of the shares it holds in Venator Materials PLC for a cash purchase price of approximately $100 million.
Huntsman Corp. has entered into a definitive agreement to sell its chemical intermediates businesses and its surfactants businesses to Indorama Ventures in a transaction valued at $2.076 billion.
The J.M. Huber Corp., Edison, New Jersey, has completed the sale of the Silica business unit of Huber Engineered Materials (HEM) to Evonik Industries AG, a global specialty chemicals company.
