JACKSONVILLE, FL, Sept. 19, 2018 (Business Wire) -Rayonier Advanced Materials Inc. announced today that it has sold its resins business to LRBG Chemicals, a company to be led by the current resins business management team, for a purchase price of approximately $16.5 million. The business, with manufacturing locations in Longueuil, Quebec and Toledo, Ohio, produces chemical resins used in the manufacturing of oriented strand board (OSB), hardboard and other engineered wood products. The business was originally acquired as part of the Company’s acquisition of Tembec in November of 2017.Read more
BEIJING, Sept. 17, 2018 (Press Release) -During Corrugated Week 2018, Sun Chemical will show corrugated printers a wide range of ink, coating and pressroom consumable solutions designed to help converters improve productivity, expand capabilities, maximize return on investment in their equipment and people, and produce higher value packaging.Read more
NORTH CHARLESTON, SC , Sept. 10, 2018 (Press Release) -Ingevity Corporation today announced the release of its inaugural sustainability report, as a demonstration of the company’s commitment to operating as a sustainable organization.Read more
ESSEN, Germany, Sept. 13, 2018 (Press Release) -Brenntag, the global market leader in chemical distribution, entered into an agreement to acquire the Desbro Group in Kenya, Tanzania, Uganda and the UAE. The company, headquartered in Nairobi, Kenya, is one of the largest and long-standing distributors in East Africa. The Group offers a broad portfolio of commodities and specialty chemicals to diverse strategic customer industries in East Africa and the Middle East such as Plastics, Coatings & Construction, Textile, Water Treatment and increasingly Life Sciences.Read more
PARSIPPANY, NJ, Sept. 4, 2018 (Press Release) -Sun Chemical will increase prices across its entire portfolio of ink, coating and consumable products in North America, effective October 1, 2018.
A combination of ongoing raw material supply disruptions, the escalation of transportation costs, and governmental initiatives, ranging from tariffs to changes in environmental regulations, continue to challenge the supply chain and drive up the cost of products.Read more
STAMFORD, CT , Sept. 5, 2018 (PRNewswire) -Tronox Limited (“Tronox” or the “Company”), a global mining and inorganic chemicals company, today commented on the decision by the U.S. District Court for the District of Columbia granting the U. S. Federal Trade Commission’s (“FTC”) request for a preliminary injunction regarding Tronox’s proposed acquisition of Cristal. The Company intends to promptly file a notice of appeal and request an expedited hearing of its appeal to reverse the Court’s decision so Tronox may proceed with the merger.Read more
WILMINGTON, DE, Aug. 31, 2018 (Press Release) -Solenis has completed the acquisition of the pulp and paper chemical distribution business from Connell Bros. Co. (CBC) in Thailand, Philippines, Malaysia and Vietnam.
All assets and business associated with the Solenis pulp and paper business represented by CBC in these countries are part of the deal, including inventory, accounts and field equipment. Additionally, CBC sales and technical personnel will be invited to transfer to Solenis, continuing the operation of the business.Read more