Tag: Sale

LANXESS Completes Sale of Urethane Systems Business to UBE Corp.

Specialty chemicals company LANXESS announced that it has completed the sale of its Urethane Systems business to Japanese UBE Corp. The sale was completed on April 1, 2025. UBE is a global manufacturer of chemical products and listed at the Tokyo Stock Exchange. LANXESS reports that all relevant antitrust authorities had granted the necessary approvals […]

Trinseo Initiates Sale of Interest in Americas Styrenics

Specialty solutions provider Trinseo announced that it has started a sale process for its 50% ownership in Americas Styrenics LLC (AmSty), a joint venture with Chevron Phillips Chemical Co. LP. Trinseo had previously announced its intent to divest its styrenics businesses with a focus on selectively marketing individual assets or regional businesses. AmSty was established […]