M&A
Crain Communications, which owns UTECH-polyurethane.com and Urethanes Technology International, has acquired GenomeWeb,. This is an online news organisation for the global community of scientists, technology professionals and executives who use and develop the latest advanced tools in molecular biology research and molecular diagnostics.
Noida, India Despite slowing domestic sales, India’s only listed polyurethane foam producer, Sheela, is expanding both globally and at home. Satnam Singh reports.
Meridian Adhesives Group has acquired Epoxies, Etc. This will expand the company’s portfolio of formulated epoxies, urethanes and silicones.
SKC and PIC, part of the Kuwait National Petroleum Corporation, have agreed to form a propylene oxide and ultimately, polyols joint venture.
Wanhua has acquired Chematur Technologies, a Swedish developer of MDI, TDI, hydrogen peroxide and bio-chemical materials.
The bundeskartellamt, Germany's take over watchdog is looking at the proposed take-over of Baur Formschaumteknik, a PU moulder in Mindelheim,
Huafon Spandex, the listed elastane arm of Huafon Group, has been questioned by the Shenzhen Stock Exchange over Zhejiang Huafon New Materials purchase.
Sheela Foam plans to buy Interplasp of Yecla, Spain for EUR 42m in cash
Covestro has sold its European systems house business to HIG Capital an investment company for a 'high double digit euro million sum.'
Specialty Products (SPI) has joined the VersaFlex family of companies. It manufactures spray-applied polyurea elastomers, polyurethane foams and custom plural component equipment.
