Avery Dennison Corp. has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group for the purchase price of $390 million. The acquisition is subject to certain customary closing and post-closing adjustments. Avery Dennison expects the transaction to close in the fourth quarter. It is not expected to have a […]
Covestro has signed an investment agreement with certain entities of the UAE’s state-owned oil company, ADNOC Group, including ADNOC International Limited and its subsidiary, ADNOC International Germany Holding AG. The agreement stipulates, among other items, that ADNOC International Germany Holding AG will make a public takeover offer for all outstanding shares of Covestro at a […]
Dow recently announced the company has signed an agreement with Freepoint Eco-Systems Supply & Trading LLC (Freepoint Eco-Systems) for an estimated 65,000 metric tons per year of certified-circular, plastic waste-derived pyrolysis oil to produce new, virgin-grade equivalent plastics in Dow’s U.S. Gulf Coast operations. Together, Dow and Freepoint Eco-Systems are building a recycling system that […]
Signaling a shared commitment towards carbon neutrality, Dow Chemical International Private Limited (Dow India) and Glass Wall Systems India signed an agreement for the supply of DOWSIL™ Facade Sealants from Dow’s Decarbia™ portfolio of reduced-carbon solutions. Dow will provide its DOWSIL Facade Sealants for Glass Wall System’s curtain wall system. The collaboration demonstrates an unwavering […]
BASF recently announced that it has signed a Letter of Intent (LoI) with Youyi Group that marks a step to further strengthen the strategic partnership between the two companies. The LoI focuses on the supply of butyl acrylate and 2-ethylhexyl acrylate from BASF’s Zhanjiang Verbund site to meet the growing demand in China’s adhesive materials […]
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