BASF Completes Purchase of Alsachimie Joint Venture Shares

BASF has finalized the purchase of DOMO Chemicals’ 49% share in the Alsachimie joint venture, making the company the sole owner of the production entity for essential polyamide (PA) 6.6 precursors, including KA-oil, adipic acid, and hexamethylenediamine adipate (AH salt) in Chalampé, France. The parties have agreed to not disclose financial details of the transaction. […]
Dow to Sell Its 50% Ownership in DowAksa Joint Venture

Dow announced today that the company has signed a sale and purchase agreement to sell its 50% interest in DowAksa Advanced Composites Holdings BV (DowAksa) to Aksa Akrilik Kimya Sanayii A.Ş., a company of Akkök Holding. Aksa Aksa Akrilik Kimya Sanayii A.Ş., the other 50% joint venture partner, has agreed to acquire Dow’s 50% interest. […]
Momentive Announces Strategic Joint Venture Agreement in Asia-Pacific

High-performance silicones and specialty solutions company Momentive Performance Materials Group and Jiangxi Hungpai Material Co. Ltd. (Hungpai), a silicon-based research and manufacturing leader in China, recently announced the signing of a definitive agreement to establish a joint venture focused on the manufacturing, promotion, and sale of silanes in Asia. The partnership combines Momentive’s global […]