Sep. 20, 2017News & Opinions
BASF is to acquire Solvay’s global integrated polyamide (PA) business for €1.6 billion on a cash and debt-free basis. The acquisition strengthens the German chemicals giant’s existing PA operations by boosting its presence ...
Sep. 04, 2017News & Opinions
Georgia-Pacific Chemicals, a subsidiary of Koch Industries, has agreed to sell its pine chemicals business to specialty chemicals company Ingevity for $315 million.
Feb. 27, 2017News & Opinions
US nylon producer Invista has announced it is considering whether to sell its apparel & advanced textiles business, which includes the well-known brands of Lycra and Coolmax. The Koch Industries’ subsidiary has retained US-based ...
Apr. 03, 2016Topics
Is there a proven management recipe for turning a chemical industry spinoff into a success story? Camelot Management Consultants analyzed the history and performance of 20 such spinoffs. Despite individual differences between these firms, ...
Dec. 17, 2015News & Opinions
On the heels of unveiling plans for their mega merger into a $130 million conglomerate before splitting into three parts, US chemical giants Dow and DuPont appear to be releasing the bad news in small doses to staff and local communities ...
Oct. 13, 2015News & Opinions
Citing a decline in demand in North America and an oversupplied global market, US nylon specialist Invista has announced plans to close its 220,000 t/y adipic acid plant at Orange, Texas.Production of the nylon starting materials ...
Oct. 01, 2014News & Opinions
ThyssenKrupp Industrial Solutions has been chosen by Formosa Plastics to supply the Steam Active Reforming (STAR) process developed by its predecessor Uhde for a 545,000 t/y propane dehydrogenation (PDH) plant the Taiwan-based plastics ...
Jul. 24, 2014News & Opinions
Flint Hills Resources, part of the empire of Wichita, Kansas-based Koch Industries, has completed the $2.1 billion all-cash acquisition of Houston, Texas-based PetroLogistics LP and its general partner PetroLogistics GP.
Jun. 05, 2014News & Opinions
A shareholder of propylene specialist PetroLogistics LP, set to be sold by private equity and its management to Koch Industries subsidiary Flint Hills, is seeking to block the $2.1 billion deal, calling it "unfair and inadequate."
May. 29, 2014News & Opinions
Refining, chemicals and biofuels company Flint Hills Resources, a subsidiary of Wichita, Kansas-based Koch Industries, will take PetroLogistics LP private in a deal worth $2.1 billion.
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