joint venture

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BASF to Acquire Shares in Alsachimie

BASF and DOMO Chemicals have signed an agreement giving BASF the right to acquire DOMO Chemicals' 49% stake in the Alsachimie joint venture, in which BASF currently holds 51%.

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Lanxess-Advent Plastics JV Launched as Envalior

Under the name Envalior, German specialty chemicals producer Lanxess and private equity investor Advent International launched their new 40:60 joint venture for high performance engineering plastics at the beginning of the second quarter, after the deal cleared all regulatory hurdles earlier.

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Global Amines Commissions Indonesia Plant

Singapore’s Global Amines – a joint venture between compatriot company Wilmar and Switzerland’s Clariant – has successfully started up a new fatty amines plant in Surabaya, Indonesia.

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