Latest Posts Under: Chemical Industry News

Superior Plus acquires Western Propane Service in Southern California

Canada-based Superior Plus has acquired Western Propane Service, a retail propane distribution company in Southern California for an undisclosed price. Established in 1988, Western Propane Service caters to nearly 6,000 retail and commercial customers across Southern California. Luc Desjardins – Superior Plus President and CEO said: “The acquisition of Western is Superior’s first tuck-in acquisition […]

BASF to sell construction chemicals business to Lone Star Funds for €3.1bn

German chemical company BASF has agreed to sell its construction chemicals business to an affiliate of private equity firm Lone Star Funds in an all-cash deal worth €3.17 billion. The construction chemicals business has production sites and sales offices in 60 plus countries and in 2018 had sales revenue of around €2.5 billion. The BASF […]

BASF to sell construction chemicals business to Lone Star Funds for €3.1bn

German chemical company BASF has agreed to sell its construction chemicals business to an affiliate of private equity firm Lone Star Funds in an all-cash deal worth €3.17 billion. The construction chemicals business has production sites and sales offices in 60 plus countries and in 2018 had sales revenue of around €2.5 billion. The BASF […]

Vitol takes full ownership in asphalt trading business VALT

Vitol has taken full ownership in asphalt trading business VALT after acquiring the remaining 50% stake it previously didn’t own from its joint venture partner Sargeant Marine. The VALT bitumen joint venture was established by Vitol and Sargeant Marine in 2016. Sargeant Marine is an asphalt trading, storage and transportation business. The asphalt trading business […]

H2O Innovation to expand specialty products business through Genesys acquisition

H2O Innovation through a wholly-owned UK subsidiary has agreed to acquire Genesys Holdings and its subsidiaries, Genesys Manufacturing, Genesys International and Genesys North America that develop and manufacture specialty chemicals for water treatment. The acquisition valued at £16.95million (C$28.39million) will add to H2O Innovation’s specialty chemicals line of products and complements the company’s existing manufacturing […]

Rinchem to open hazardous materials warehouse in Taiwan

Rinchem said that it will open a new hazardous materials warehouse in Taiwan to be located in Tainan, as per the latest chemical industry news. The hazardous materials warehouse will be the second such facility for Rinchem, which is engaged in provides customized warehousing and transportation solutions for hazardous materials. The first facility has been […]

Maroon Group buys specialty chemicals distributor Cambrian Solutions

Maroon Group acquisition of Cambrian Solutions : Maroon Group, backed by CI Capital Partners, has acquired Cambrian Solutions, an Ontario, Canada-based specialty ingredients and chemicals distributor, increasing the former’s North American presence. Cambrian Solutions, which was founded in 1995, provides specialty ingredients and chemicals to customers in the natural and organic; food; household, industrial, and […]

Maroon Group buys specialty chemicals distributor Cambrian Solutions

Maroon Group acquisition of Cambrian Solutions : Maroon Group, backed by CI Capital Partners, has acquired Cambrian Solutions, an Ontario, Canada-based specialty ingredients and chemicals distributor, increasing the former’s North American presence. Cambrian Solutions, which was founded in 1995, provides specialty ingredients and chemicals to customers in the natural and organic; food; household, industrial, and […]

Cabot opens new fumed silica manufacturing facility in Mongolia

Cabot, a US chemicals and performance materials company, has opened its new fumed silica manufacturing facility in Wuhai, Inner Mongolia to meet the growing demand for fumed silica in China. The Wuhai fumed silica production facility is a joint venture between Cabot with an 80% equity interest and Inner Mongolia Hengyecheng Silicone (HYC) with 20% stake. […]

Huntsman opens polyurethane system house in Jebel Ali Free Trade Zone

Huntsman has opened its new polyurethanes system house in Dubai, the United Arab Emirates, to strengthen its downstream capabilities in the Middle East and North Africa. The new polyurethanes system facility located within the Jebel Ali Free Trade Zone (JAFZA) will increase the capacity of the US chemical manufacturing company to manufacture polyurethane systems and […]

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