Hexion Holdings Corp. has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the Epoxy Business), for approximately $1.2 billion to Westlake Chemical Corp.
Specialty chemicals company LANXESS and Matrìca, a joint venture between Versalis (Eni) and Novamont, have partnered to produce sustainable biocide preservatives from renewable raw materials.
BASF recently announced that the company is modernizing its facilities for the production of chloroformates and acid chlorides at its Ludwigshafen Verbund site.
H.B. Fuller Co. announced that it has finalized its purchase of Apollo, an independent manufacturer of liquid adhesives, coatings and primers for the roofing, industrial and construction markets in the UK.
National Association of Chemical Distributors (NACD) President and CEO Eric R. Byer issued a statement welcoming the introduction of the Ocean Shipping Reform Act of 2022 in the U.S. Senate.