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664 Current news about the topic specialty chemicals
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LANXESS extends contract with CEO Matthias Zachert
11-May-2023
At its ordinary meeting, the Supervisory Board of LANXESS AG appointed Matthias Zachert (55) as CEO of the Group for a further five years, thus extending his contract. The new mandate will begin on April 1, 2024. “Matthias Zachert has decisively transformed LANXESS in just a few years: A ...
Univar Solutions to be Acquired by Apollo Funds for $8.1 Billion
16-Mar-2023
Univar Solutions Inc and Apollo announced that funds managed by affiliates of Apollo (the "Apollo Funds") have entered into a definitive merger agreement to acquire the Company in an all-cash transaction that values the Company at an enterprise value of approximately $8.1 billion. The transaction ...
Brenntag greatly expands its footprint in the Specialties chemicals distribution market in Saudi Arabia
Acquiring a stake in Al-Azzaz Chemicals
09-Jun-2022
Brenntag announces the partnership with the Al-Azzaz Chemicals Company via a 75/25 joint venture. While Brenntag has been active in Saudi Arabia, this joint venture greatly expands the company’s presence and footprint with one of the largest speciality chemicals distributors on the Arabian ...
Perstorp to be acquired by PETRONAS
19-May-2022
Perstorp Group said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced that it has signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a company ...
Brenntag enters the market in Israel with a acquisition of specialty chemicals expert
04-Mar-2022
Brenntag has acquired the Israeli specialty chemicals distributor Y.S. Ashkenazi Agencies Ltd, along with its subsidiary, Biochem Trading. This acquisition represents Brenntag’s entry into the Israeli market. Signing and closing of the acquisition occurred simultaneously. Henri Nejade, Member of ...
Biesterfeld acquires GME Chemicals and expands its presence in Asia
Full acquisition in 2026
26-Oct-2021
The Biesterfeld Group, Hamburg, has established a joint venture by acquiring a majority stake in Singapore-based GME Chemicals. The closing was now completed. A complete takeover of the remaining shares will take place in five years, according to the contract. By acquiring a stake in GME ...
Bodo Möller Chemie expands further into Eastern Europe
Bodo Möller Chemie opens own branch in Romania
02-Mar-2021
The Offenbach-based specialty chemicals company Bodo Möller Chemie is further expanding its sales structures in Europe and opening a new branch in Romania. “With a new location in the Eastern European market, we are effectively continuing the expansion strategy of recent years. In this way, we ...
LANXESS signs contract to acquire Emerald Kalama Chemical
Targeted portfolio expansion in the Consumer Protection segment
15-Feb-2021
Specialty chemicals company LANXESS is accelerating its growth course and signed a binding agreement to acquire 100 percent shares in Emerald Kalama Chemical on February 14, 2021. The US-based company is a globally leading manufacturer of specialty chemicals, especially for the consumer segment, ...
Jose Carlos Corral Montilla appointed to Managing Director of BTC Europe
Jose Carlos Corral Montilla succeeded Dr Marko Grozdanovic
10-Dec-2020
As of November 1, 2020, Jose Carlos Corral Montilla has become the new Managing Director and Vice President of BTC Europe GmbH, BASF's European sales organization for small and medium-sized customers focused on specialty chemicals. Jose Carlos Corral Montilla joined BASF in 1998. He started his ...
For a climate-friendly industry: Using carbon dioxide and hydrogen as raw materials for sustainable chemicals
Evonik and Siemens Energy put pilot plant into operations
23-Sep-2020
Evonik and Siemens Energy commissioned a pilot plant sponsored by the German Federal Ministry of Education and Research (BMBF) that uses carbon dioxide and water to produce chemicals. The necessary energy is supplied by electricity from renewable sources. The pilot plant is located in Marl, in ...
