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Buyer Found For Plant In South Haven

March 10, 2021
A buyer for the Albemarle plant in South Haven has been found. The chemical company announced several years ago it was looking to sell the facility, and the purchase by W. R. Grace and Company out of Maryland is not expected to cause a change in employment at the site. Albemarle is selling its Fine Chemistry Services division to the Maryland outfit for around $570 million. Albemarle issued a press release on the agreement this month. It says as part of the transaction, Grace will acquire Albemarle’s operations in both Tyrone, Pennsylvania and South Haven. Albemarle CEO Kent Masters says in the press release “Fine Chemistry Services is a profitable business, and we have confidence that Grace is positioned to help it thrive.” The sale is pending regulatory approval. ....

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Buyer Found For Plant In South Haven

Buyer Found For Plant In South Haven
wirx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wirx.com Daily Mail and Mail on Sunday newspapers.

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Albemarle Enters Definitive Agreement to Sell Fine Chemistry Services Business to W.R. Grace & Co.

ALBemarle Corporation a leader in the global specialty chemicals industry, today announced that it has signed a definitive agreement to sell its Fine Chemistry Services business to W.R. Grace & Co. for approximately $570 million consisting of $300 million in cash, and the issuance to ALBemarle of preferred equity of a W.R. Grace & Co. subsidiary having an aggregate stated value of $270 million . As part of the . ....

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Albemarle To Sell Fine Chemistry Services Biz To W.R. Grace For $570 Mln

Albemarle To Sell Fine Chemistry Services Biz To W.R. Grace For $570 Mln
WASHINGTON (dpa-AFX) - Albemarle Corp. (ALB), Thursday said it has agreed to sell its Fine Chemistry Services business to W.R. Grace & Co. for about $570 million.
The transaction price consisting of $300 million in cash and the issuance to Albemarle of preferred equity of a W.R. Grace & Co. subsidiary having a value of $270 million.
As part of the transaction, Grace will acquire Albemarle s operations in Tyrone, Pa., and South Haven, Mich.
Albemarle s CEO Kent Masters said, This transaction reflects our ongoing commitment to actively and continuously refine our portfolio as we focus Albemarle on its core, growth-oriented business segments. Fine Chemistry Services is a profitable business, and we have confidence that Grace is positioned to help it thrive. I want to thank the strong operating team for their excellent performance and professionalism throughout the process. ....

United States , Wr Grace Co , Fine Chemistry Services , Albemarle Corp , South Haven , Chemistry Services , ஒன்றுபட்டது மாநிலங்களில் , வ்ர் கருணை இணை , நன்றாக இருக்கிறது வேதியியல் சேவைகள் , அல்பேமார்லே கார்ப் , தெற்கு புகலிடம் , வேதியியல் சேவைகள் ,

W.R. Grace plans to expand pharmaceutical business with $570 million acquisition

Columbia-based W.R. Grace & Co. plans to expand its pharmaceutical manufacturing with the acquisition of Fine Chemistry Services, a division of a Charlotte, North Carolina-based chemical manufacturer, for $570 million. ....

Wr Grace Co , Hudson La , Standard Industries , Fine Chemistry Services , Albemarle Corp , North Carolina Based , Chemistry Services , Hudson La Force , New York Based , வ்ர் கருணை இணை , ஹட்சன் லா , தரநிலை தொழில்கள் , நன்றாக இருக்கிறது வேதியியல் சேவைகள் , அல்பேமார்லே கார்ப் , வடக்கு கரோலினா அடிப்படையிலானது , வேதியியல் சேவைகள் , ஹட்சன் லா படை , புதியது யார்க் அடிப்படையிலானது ,