The Urethane Blog

October 10, 2019

Q3 M&A Activity

Chemical Deal Results

Seller Buyer Business Date
Water Science Technologies Italmatch blending and chemicals for the industrial water treatment and oil & gas industries – $75s 3rd Quarter 2019
DuPont SK Siltron silicon carbide – $450v 3rd Quarter 2019
Cambrian Solutions Maroon Group (CI Capital) distribution – $54s 3rd Quarter 2019
Eco Chemical U-C Coatings (High Road Capital) stains and industrial coatings 3rd Quarter 2019
IdeaPaint Innovative Chemical Products (Audax) dry erase coatings 3rd Quarter 2019
Toronto Research Chemicals LGC Group synthetic organic biochemicals used as reference standards 3rd Quarter 2019
Mallinckrodt HIG Capital BioVectra (contract development and manufacturing) – $250v 3rd Quarter 2019
Edgewater Capital Ascensus Specialties (Wind Point Partners) Callery (inorganic chemicals used in the pharmaceutical, agricultural, electronics, polymers and adhesives markets 3rd Quarter 2019
Fragrance Oils International Givaudan perfumery essences and natural herbal extracts for use in the fine fragrance, personal care, air care and household cleaning sectors 3rd Quarter 2019
Vanseal Corporation Blue Point Capital custom molded rubber, plastic and sealing components for the aerospace, defense, automotive, industrial and energy markets 3rd Quarter 2019

 

Seller Buyer Business Date
Siluria Technologies McDermott International natural gas-to-olefins technology 3rd Quarter 2019
Welcome Dairy Holdings New Heritage Capital dairy flavorings, cheese sauces, seasonings and functional cheese 3rd Quarter 2019
GEO Specialty Chemicals CPS Performance Materials (Arsenal Capital) sale of whole company (specialty chemicals and materials into the coatings, adhesives, medical, water treatment and construction markets) 3rd Quarter 2019
Bayer Elanco animal health – $1,700s/$7,600v 3rd Quarter 2019
BASF DIC global pigments business – €1,000s/€1,150v 3rd Quarter 2019
The Jordan Company Altas Partners Dubois Chemical (cleaners, metalworking fluids, finishing chemicals, lubricants, detergents, sealants, protectants, sanitizers and conditioners) 3rd Quarter 2019
Epoxies Inc. Meridian Adhesives (Arsenal Capital) specialty epoxies, urethanes, silicones and UV curable systems 3rd Quarter 2019
Stone Coat Countertops Polytek (Arsenal Capital) epoxy coating systems, casting systems and related accessories 3rd Quarter 2019
Chemstar Ecolab food safety cleaning and sanitizing products – $40s 3rd Quarter 2019
PolyOne SK Capital Performance Products and Solutions (formulated PVC and polypropylene-based products and contract manufacturing) – $700s/$775v 3rd Quarter 2019
Seller Buyer Business Date
Flint Hills Motiva Port Arthur TX site 3rd Quarter 2019
Dow Altivia acetone derivatives (ketones and carbinols) 3rd Quarter 2019
Cambrex Permira acquisition of whole company (drug substance, drug product and analytical services) – $532s/$2,400v 3rd Quarter 2019
Southern Ionics Chemours Southern Ionics Minerals (titanium and zirconium mineral sands) 3rd Quarter 2019
Huntsman Indorama chemical intermediates and surfactants – $1,700s/$2,080v 3rd Quarter 2019
Berry Global Group Arsenal Capital Seal For Life Industries (corrosion prevention, waterproofing, and insulation products) – $120s/$328v 3rd Quarter 2019
PolyCom Industries and Eco Dispersions Meridian Adhesives (Arsenal Capital) industrial adhesives and coatings 3rd Quarter 2019
SI Group ASK Chemicals global industrial resins business 3rd Quarter 2019
DuPont DDW, The Color House DuPont Natural Colors 3rd Quarter 2019
Integrated Polymer Solutions (Industrial Growth Partners) Arcline Investment Management polymer components for the aerospace, defense and specialty industrial markets 3rd Quarter 2019
Seller Buyer Business Date
Dexmet Corporation (Sverica Capital) PPG metal foils and polymers used in aerospace, energy storage and other industries 3rd Quarter 2019
Quad-C Management Boulder Scientific organometallic compounds and custom chemical solutions for the plastics, electronics, defense, pharmaceutical and aerospace industries 3rd Quarter 2019
Bimax Gelest specialty monomers and polymers for use in contact and intraocular lenses, personal care products, coatings and adhesives and other applications 3rd Quarter 2019
Amsyn Maroon Group (CI Capital) distribution of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical and electronics industries 3rd Quarter 2019
MPD Chemicals Entegris advanced materials to the specialty chemical, technology and life science industries – $165v 3rd Quarter 2019
Primetac Corporation Akoya Capital and Tecum Capital distribution of industrial packaging materials 3rd Quarter 2019
Clariant Arsenal Capital health care packaging (desiccant systems and plastic bottles with oxygen-barrier materials) – $138s 3rd Quarter 2019
Connora Technologies Aditya Birla process for recycling epoxy resins 3rd Quarter 2019
Miami Chemical Shrieve Chemical distribution 3rd Quarter 2019
Omnova Synthomer acquisition of whole company (surface treatments, SB paper coatings, coated fabrics) – $770s/$824v 3rd Quarter 2019
Seller Buyer Business Date
Paul N. Gardner Company Altana physical testing instrumentation and supplies for the coatings market 3rd Quarter 2019

 

http://www.chemicaldeals.com/Results.aspx?searchtext=&quarter=3rd%20Quarter%202019

October 10, 2019

CPI Innovation Winner

The 2019 Polyurethane Innovation Award Winner Is… 

Congratulations to Carbon and their partnership with Riddell on the SpeedFlex Precision Diamond football helmet for being crowned the winner of the 2019 Polyurethane Innovation Award!

Carbon and Riddell partnered to produce the first-ever, digitally printed liner for the SpeedFlex Precision Diamond football helmet. To make this groundbreaking product, Carbon used athlete data Riddell gathered in their proprietary database of 5 million head impacts to create next-gen head protection. The resulting Diamond helmet liner is printed to be precisely contoured to the athlete’s head. Using Carbon’s pioneering DLS™ technology, the liner was created using light and oxygen, and incorporates intricate, custom lattice structures with custom energy absorbing materials also developed by Carbon. Carbon and Riddell’s partnership and innovation will help keep our young athletes safe.

WWW.CPITECHNICALCONFERENCE.ORG

 

October 10, 2019

CPI Innovation Winner

The 2019 Polyurethane Innovation Award Winner Is… 

Congratulations to Carbon and their partnership with Riddell on the SpeedFlex Precision Diamond football helmet for being crowned the winner of the 2019 Polyurethane Innovation Award!

Carbon and Riddell partnered to produce the first-ever, digitally printed liner for the SpeedFlex Precision Diamond football helmet. To make this groundbreaking product, Carbon used athlete data Riddell gathered in their proprietary database of 5 million head impacts to create next-gen head protection. The resulting Diamond helmet liner is printed to be precisely contoured to the athlete’s head. Using Carbon’s pioneering DLS™ technology, the liner was created using light and oxygen, and incorporates intricate, custom lattice structures with custom energy absorbing materials also developed by Carbon. Carbon and Riddell’s partnership and innovation will help keep our young athletes safe.

WWW.CPITECHNICALCONFERENCE.ORG

 

October 9, 2019

Missed This Somehow

China’s Wanhua Buys Sweden’s Chematur for USD134.4 Million Ahead of MDI Plant Deal

Tang Shihua
/SOURCE : yicai
 

(Yicai Global) July 31 — China’s Wanhua Chemical Group has acquired Sweden’s Chematur Technologies for CNY925 million (USD134.4 million) to improve its research and development abilities in Europe before another purchase from the same seller regarding a chemical plant in China’s Fujian province.

Wanhua has bought the entire equity of Chematur from Kangnaier Investment Group, the Shandong province-based firm said in a statement yesterday. The former parent did not disclose the reason for selling the asset.

Wanhua is also planning to buy an 80 percent stake in Kangnaier’s upcoming methylene diphenyl isocyanate plant in Fujian, with an annual production capacity of 800,000 tons of the chemical used to make coatings, foams, and adhesives. The factory is scheduled to be put into operation in October.

Wanhua aims to enhance its global competitiveness via the acquisition, it said. The firm made one-fifth of the global supply of MDI last year, according to its annual report.

In 2014, Kangnaier bought the Orebro-based chemical firm for nearly USD100 million.

Editor: Emmi Laine

https://www.yicaiglobal.com/news/china-wanhua-buys-sweden-chematur-for-usd1344-million-ahead-of-mdi-plant-deal

October 9, 2019

Missed This Somehow

China’s Wanhua Buys Sweden’s Chematur for USD134.4 Million Ahead of MDI Plant Deal

Tang Shihua
/SOURCE : yicai
 

(Yicai Global) July 31 — China’s Wanhua Chemical Group has acquired Sweden’s Chematur Technologies for CNY925 million (USD134.4 million) to improve its research and development abilities in Europe before another purchase from the same seller regarding a chemical plant in China’s Fujian province.

Wanhua has bought the entire equity of Chematur from Kangnaier Investment Group, the Shandong province-based firm said in a statement yesterday. The former parent did not disclose the reason for selling the asset.

Wanhua is also planning to buy an 80 percent stake in Kangnaier’s upcoming methylene diphenyl isocyanate plant in Fujian, with an annual production capacity of 800,000 tons of the chemical used to make coatings, foams, and adhesives. The factory is scheduled to be put into operation in October.

Wanhua aims to enhance its global competitiveness via the acquisition, it said. The firm made one-fifth of the global supply of MDI last year, according to its annual report.

In 2014, Kangnaier bought the Orebro-based chemical firm for nearly USD100 million.

Editor: Emmi Laine

https://www.yicaiglobal.com/news/china-wanhua-buys-sweden-chematur-for-usd1344-million-ahead-of-mdi-plant-deal