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(Page 1) EuroChem launches phosphate-fertilizer manufacturing complex in Brazil March 14, 2024 — EuroChem Group (Zug, Switzerland; www.eurochemgroup.com) opened a new fertilizer-production facility in Serra do ....
(Page 1) Trinseo inaugurates new PMMA depolymerization plant in Italy; Cepsa begins first production of circular phenol from single-use plastics; Kemira to expand production capacity for ferric sulfate in the U.K.; Ineos to acquire LyondellBasell’s ethylene oxide and derivatives business ....
(Page 1) Trinseo (Berwyn, Pa.) announced the inauguration of its polycarbonate (PC) dissolution pilot facility in Terneuzen, the Netherlands on April 5, 2023. The ....
(Page 1) Air Liquide enters a longterm partnership for production of rare helium isotope; Nouryon starts up organic peroxides site in Tianjin; ExxonMobil acquires materials science specialist Materia; Cabot to sell Purification Solutions business for $111 million ....
Trinseo to sell synthetic rubber business to Synthos for $491 million By Mary Page Bailey | May 24, 2021 Trinseo (Berwyn, Pa.) has entered into a definitive agreement to sell its synthetic rubber business based in Schkopau, Germany to Synthos S.A. ( Oswiecim, Poland) and its affiliates for an enterprise value of approximately $491 million, comprised of $449.4 million of cash and the assumption of approximately $41.6 million of pension liabilities. The expected net cash proceeds are approximately $400 million after transaction-related costs and taxes. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in 2022. The Business includes approximately 440 employees, mostly located in Schkopau, Germany, who are expected to join Synthos once the transaction closes. The transaction also includes the transfer of the associated Schkopau-based manufacturing and research and development facilities, as well as rel ....