Specialty chemicals company Perstorp Holding AB (Perstorp) has sold its formaldehyde technology and catalyst business, Formox AB, to Johnson Matthey Plc, a global specialty chemicals company and a leader in sustainable technologies.
Kemira Oyj and Rockwood Holdings Inc. have signed an agreement in which Rockwood will buy Kemira's share of the titanium dioxide joint venture Sachtleben GmbH in a deal worth EUR 97.5 million.
PPG Industries has closed the separation of its commodity chemicals business and merger of its wholly-owned subsidiary, Eagle Spinco Inc., with a subsidiary of Georgia Gulf Corp.
Cytec Industries Inc. has reached an agreement to sell its Coating Resins business to Advent International, a global private equity firm, for $1,032 million plus assumed liabilities of $118 million, bringing the total value to $1,150 million.
H.B. Fuller Co. has completed the sale of its Central America Paints business to Compania Global de Pinturas S.A. (Pintuco), a company of Grupo Mundial, for $120 million.
Cytec Industries Inc. has initiated a formal sale process for its Coating Resins business. Cytec's target is to complete a transaction by the end of the year.
H.B. Fuller Co. has signed an agreement to sell its Central American paints business to Compania Global de Pinturas S.A. (Pintuco), a Grupo Mundial company.
Arkema Coating Resins, a business unit of Arkema, has announced the sale of the Peninsula Polymers business, a national distributor of coatings raw materials headquartered in North Kansas City, MO.
