The South African energy and chemical company Sasol sells its German subsidiary Sasol Wax to Awax, an international group specialised in developing, producing and distributing wax products.
Sika has agreed to sell its European industrial coatings business, based in Germany, to The Sherwin-Williams Company. The transaction is expected to close in the beginning of 2022.
On June 30, 2021, BASF closed the divestiture of its global pigments business to the fine chemical company DIC following the fulfillment of clearance conditions.
Shortly after Saudi Arabian investor Sabic bought a 24.99 % share of Clariant, the company announced that it intends to divest the pigments, standard masterbatches...