Acquisitons, Mergers and Divestments 2020 In Chemical Industries by chemwinfo

Acquisitions, Mergers and Divestment

News 2020 

by Chemwinfo Khun Phichai 

13 January 2020

Milliken & Company

Announces Intent to Acquire

Borchers

from The Jordan Company.

Acquisition will bolster Milliken’s capabilities

in specialty coating additives..

Jones Day represented Milliken in the transaction.

Moelis & Company LLC acted as financial advisor,

and Mayer Brown LLP acted as legal advisor

to Borchers and TJC.

Read more

9 January 2020

Borealis to acquire NOVA Chemicals ownership interest in

Novelis Joint Venture.

Novealis is the joint venture between affiliates of

Borealis and NOVA Chemicals, which subsequently

formed a 50/50 joint venture with

an affiliate of Total S.A. to launch

Bayport Polymers LLC (“Baystar”)

in Houston, Texas, US..

Read more

>>Connect to Baystar

8 January 2020

PPG to acquire ICR,

Industria Chimica Reggiana (ICR) S.p.A.

an Italian manufacturer of automotive refinish

and light industrial coatings.

Founded in 1961, ICR is based in Italy 

and manufactures automotive refinish products,

including

putties, primers, basecoats and clear coats

under the SPRINT® brand.

The company also makes

a complete range of coatings, enamels

and primers for light commercial vehicles

and other light industrial coatings applications.

ICR employs approximately 180 people

and sells its products in more than 70 countries

in Europe, Africa, the Middle East, 

the United States and Latin America..

Read more

Acquisitions, Mergers and Divestment

News 2020 

by Chemwinfo Khun Phichai