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BASF sells silicates business to PQ
BASF has signed an agreement to sell its silicates business, including the assets at the Düsseldorf site, to PQ Corporation. With this step, BASF is focusing on its core activities.
News Markets & Companies
INEOS Enterprises sells sulphur dioxide business to Ecovyst for EUR 180 million
INEOS Enterprises has reached an agreement to sell its ultra-pure sulphur dioxide and derivatives business, INEOS Calabrian, to Ecovyst for EUR 180 million. The sale aligns with INEOS’ portfolio strategy...
News Markets & Companies
BASF to sell Coatings business to Carlyle in EUR 7.7 billion deal
BASF has agreed to sell its automotive OEM coatings, refinish coatings, and surface treatment businesses to Carlyle and the Qatar Investment Authority (QIA) for EUR 7.7 billion. The closing is expected...
News Markets & Companies
BASF reportedly considers sale of its Coatings division
According to Bloomberg and Der Aktionär, BASF has initiated a sale process for its Coatings business. The unit could be valued at around EUR 6 billion, with several bidders already showing interest....
News Markets & Companies
500-million-euro transaction: Lanxess sells Urethane Systems business to UBE
Specialty chemicals company Lanxess has agreed to sell its Urethane Systems business to Japan's UBE Corporation for around 500 million euros, marking the company's final exit from the polymer business....
News Markets & Companies
Sale to Fidelium Partners: J.W. Ostendorf announces new management level and structure
Following the completion of the sale of J.W. Ostendorf and its subsidiaries FLT Handel und Service, and Renaulac in France to Fidelium Partners on 1 August 2024, the company is now announcing the new management...
News Markets & Companies
Hempel announces the sale of J.W. Ostendorf and Renaulac as next step on strategic journey
The prospective new owner, Fidelium Partners, would take over the production site in Germany and stores in France, together with around 500 employees and a portfolio of customers.