France-based Nakan has eight production facilities worldwide and makes products used in the automotive, building and construction, and medical industries.
Construction of the facility is scheduled to be completed in September 2019, with start-up planned for October 2019.
But Univar also said that it has hired an external advisor “to evaluate strategic alternatives for Nexeo’s industry-leading plastics business, which may include a potential divestiture of the business.”
A memorandum of understanding signed by the two companies calls for Clariant to combine its additives and high value masterbatches with parts of Sabic’s specialties business to create a new joint venture business for high performance materials.
California-based Bolcof’s sales territory includes key accounts in Canada.
Rehau and MB Barter will combine both their competencies in a new organization under one umbrella brand.
Construction of the new project is targeted for mid-2019 and production is scheduled to begin in 2020.
Sun Plastech Inc., the manufacturer and distributor of AsaClean purging compounds, has appointed Joseph Serell as its new president. Serell succeeds outgoing president Glenn Kornfeld, who will assume new responsibilities at Sun Plastech’s parent company Asahi Kasei America, which is…
Chemical maker Sabic has won regulatory approval to buy a quarter of Swiss chemicals maker Clariant, which will make it Clariant’s biggest single shareholder.
The four companies are all owned by New York City-based private equity firm Arsenal Capital Partners.
The name-change comes one year after the specialty chemical distributor was purchased by IMCD.
The deal includes the purchase of the wholly owned Chinese polystyrene business including two production sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai.
Kumho Polychem’s Innoprene TPV line includes 43 grades which are targeted for seal, gasket, cover, and hose applications for the automotive, industrial, electrical, sporting goods, and furniture markets.
Adoption of composite-grade HPPs could take the global market past US$3 billion by 2024, a new study by Frost & Sullivan says.
Inapal, headquartered in Portugal, is a Tier One supplier of composite components to the automotive and heavy truck industries.
The combined operations will create the largest compounding company in the world with some 6,600 employees and annual revenue expected to exceed $4.6 billion.
The goal of the collaboration is to develop new uses for Sabic’s specialty materials.
The U.S.-based material firm says it will be the first large new plant for the nylon 6,6 raw material in 35 years.
The masterbatch supplier is expanding operations at its Suzhou, China, plant with a new, state-of-the-art extrusion line for soft polymer compounding; this is the second expansion in three years for the facility.
BioAmber filed for bankruptcy in early May, and has been unable to find a buyer for its assets since then.