Indorama Ventures Public Company Limited (IVL), a global chemicals producer, will acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. According to the company, the acquisition gives IVL a portfolio in high-value surfactants and expands its existing Integrated Oxides and Derivatives (IOD) business.
Oterra, a provider of naturally sourced food colors, has appointed Barentz as its strategic partner for the distribution of its natural color portfolio in Malaysia, beginning Sept. 1.
Palmer Holland and Olin Epoxy say the companies are expanding their agreement to include distribution throughout Canada.
S.P. Morell announced it has successfully passed its NACD Responsible Distribution® verification for the current three-year cycle. Responsible Distribution is the National Association of Chemical Distributor’s (NACD) third-party-verified environmental, health, safety, and security program that allows members to demonstrate their commitment to continuous performance improvement in every phase of chemical storage, handling, transportation, and disposal.
Specialty chemicals company LANXESS has completed the acquisition of U.S.-based Emerald Kalama Chemical. LANXESS signed a purchase agreement on Feb. 14, 2021, and financed the purchase price of about USD 1.04 billion (EUR 870 million) from liquid funds.
DCL Corporation has acquired Sun Chemical’s manufacturing facility in Goose Creek, S.C. The deal closed July 31, 2021.
Ravago Holdings America, Inc. (RHA), a polymer and chemical distributor, has acquired Specialty Chemical Sales (SCS) of Cleveland and JF Shelton (JFS) of Seattle, North American distributors serving the paint, coatings, adhesive and polymer markets. According to the company, both SCS and JFS will continue to be led by their current management teams and run as separate businesses in RHA’s...
Brenntag has acquired Matrix Chemical, LLC, a North American solvents distributor. The company said closing and signing of the acquisition occurred simultaneously. Terms of the deal were not disclosed.
SI Group, an additives company, announced plans to sell most of its global Industrial Resins business to ASK Chemicals, a portfolio company of Rhône Group, LLC, a private equity firm.
Miller Paint opened two new stores in the Pacific Northwest that the company says are poised to meet still-growing demand for home upgrades and renovations. Citing home-industry raw materials shortages continue, Miller Paint says its regional/local manufacturing puts the company in an ideal position to meet the needs of retail and wholesale customers.