Merger & Acquisitions
Startups / Closures / Outages
CPMA Member Companies

Mergers and Acquisitions News

Saudi Aramco completes acquisition of Dutch Rubber Company, 31st Dec 2018

Saudi Aramco, the world’s largest oil producing company has completed the acquisition of a Dutch rubber joint venture in a transaction valued at €1.5 billion (Dh6.3bn)Read More


Japan's Idemitsu, Showa Shell get all regulatory approvals for Apr 2019 merger, 12th Dec 2018

Japan's Idemitsu Kosan and Showa Shell said Wednesday that the companies have secured all regulatory approvals from the domestic and foreign authorities for their planned merger, paving the way to become a 1.1 million b/d refiner in April 2019Read More


Ineos buys Ashland's composites business for $1.1 billion, 15th Nov 2018

Ineos Enterprises said Thursday it had agreed to buy Ashland Global Holdings' composites business for $1.1 billion in a move expected to strengthen the former's position in the boat manufacturing industryRead More


Interview: Austrian petrochemicals and plastics producer Borealis looking for further recycling acquisitions, 31st Oct 2018

Austrian petrochemicals and plastics producer Borealis is looking for further acquisitions to develop its plastics recycling business, CEO Alfred Stern said WednesdayRead More


Borealis to acquire Austrian recycler Ecoplast Kunststoffrecycling, 17th July 2018

Borealis has agreed to acquire the Austrian recycling company Ecoplast Kunststoffrecycling, the Austrian petrochemical and plastics producer said TuesdayRead More

U.S. to Allow Bayer’s Monsanto Takeover, 9th April 2018

The Justice Department has decided to allow Bayer AG’s BAYRY 2.27%▲  megadeal to acquire Monsanto Co. MON 6.19%▲, valued at more than $60 billion, after the companies pledged to sell off additional assets to secure government antitrust approval, according to people familiar with the matterRead More


Saudi Arabia's Sahara Petrochemicals, Sipchem to resume merger talks after 4 years, 13th Mar 2018, 9th April 2018

Saudi Arabia's Sahara Petrochemicals Company and Saudi International Petrochemical Company, or Sipchem, will resume merger discussions that have been postponed since 2014, the companies said in a statement TuesdayRead More


German chemical distribution firm Brenntag acquires 65% stake in Raj Petro, 18th Dec 2017 

Brenntag AG, a German multinational chemical distribution company, has acquired a 65 per cent stake in Raj Petro Specialities, to expand and diversify its presence in IndiaRead More


ExxonMobil completes acquisition of Jurong aromatics plant in Singapore, 28th Aug 2017 

ExxonMobil Asia Pacific has completed the acquisition of the Jurong aromatics complex in Singapore, which will help the company meet growing petrochemical demand in the region, it said in a statement Sunday. Read More

ExxonMobil to acquire Jurong Aromatics Corporation's Singapore complex
ExxonMobil Chemical Company said Thursday that it has reached an agreement with Singapore's Jurong Aromatics Corporation Pte. Ltd. to acquire its aromatics plant on Jurong Island. Read More

ExxonMobil completes acquisition of Jurong aromatics plant in Singapore, 28th Aug 2017
ExxonMobil Asia Pacific has completed the acquisition of the Jurong aromatics complex in Singapore, which will help the company meet growing petrochemical demand in the region, it said in a statement Sunday. Read More

ExxonMobil says in negotiations to buy Jurong Aromatics' assets in Singapore, 5th Apr 2017
ExxonMobil is in negotiations with the receiver for Jurong Aromatics Corporation to acquire JAC's assets on Jurong Island, Singapore, a company spokeswoman said Wednesday. Read More

Mexico's Alpek to buy Brazilian PET producer PQS for $385 million, 28th Dec 2016
Mexico-based Alpek has reached an agreement with Brazil's Petrobras to acquire polyethylene terephthalate producer Petroquimica Suape for $385 million, the company said Wednesday Read More

Praxair to Buy Linde for $35 Billion in Industrial-Gas Deal, 20th Dec 2016
Praxair Inc. of the U.S. agreed to buy Linde AG for about 33.9 billion euros ($35.2 billion) to create the world's largest supplier of industrial gases, three months after a previous attempt failed on concern over job losses in Germany. Read More

Solvay gets approval for sale of Argentine PVC maker, 8th Dec 2016
Brazilian chlor-alkali and caustic soda producer Unipar Carbocloro's acquisition of Argentinian poly-vinyl chloride maker Solvay Indupa has received clearance from Brazilian regulators, parent company Solvay said Wednesday. Read More

China Planning Merger of Sinochem, ChemChina, 14th Oct 2016
China is planning to merge Sinochem Group and China National Chemical Corp. to create an oil-to-chemicals giant as part of the government overhaul of its state-owned enterprises, according to a person familiar with the matter. Read More

Lanxess to buy Chemtura in $2.7 billion chemical-company merger, 26th Sep 2016
Specialty chemical company Lanxess AG said Sunday it is buying Chemtura Corp. in a deal with an enterprise value of around 2.4 billion euros ($2.7 billion) Read More

Exclusive: Bayer nears acquisition of Monsanto - sources, 13th Sep 2016
Chemicals and healthcare group Bayer AG (BAYGn.DE) is poised to announce the acquisition of U.S. seeds company Monsanto Co (MON.N) on Wednesday for more than $66 billion, clinching the biggest deal of the year, people familiar with the matter said Read More

Enterprise Products may still pursue Williams's cracker: trade sources, 9th Sep 2016
Enterprise Products Partners might be a candidate to buy Williams Companies' olefins unit in Geismar, Louisiana, sources said Friday, a day after they said they were no longer talking about a possible combination and three days after Williams put the unit on the market. Read More

Westlake Chemical (WLK) Announces Completion of Axiall (AXLL) Acquisition, 31st August 2016
Westlake Chemical Corporation (NYSE: WLK) announced that it has completed the previously announced acquisition of Axiall Corporation (NYSE: AXLL) for $33.00 per share in an all-cash transaction, representing an enterprise value of approximately $3.8 billion, including debt and certain other Axiall liabilities Read More

U.S. Regulator Signs Off on ChemChina-Syngenta Deal, 22nd August 2016
The state-owned China National Chemical Corporation said on Monday that it had received clearance from a regulator in the United States for its $43 billion acquisition of Syngenta, a giant in farm chemicals and seeds. Read More

Syngenta Says U.S. Talks Over ChemChina Bid 'Constructive', 22nd July 2016
Syngenta AG, which has agreed to be taken over by China National Chemical Corp. for $43 billion, said talks with regulatory authorities to win approval for the deal have been constructive and the Swiss company is confident the transaction can be closed on time Read More

The EU Will Rule Soon on the $130 Billion Merger between Dow and DuPont
EU antitrust authorities will decide by July 28 whether to allow the $130 billion merger of U.S. chemical company Dow Chemical DOW -3.10% and its rival DuPont DD -2.91%, one of several large agribusiness deals. Read More

Westlake Agrees to Buy Vinyl Maker Axiall for $2.4 Billion, 10th June 2016
Westlake Chemical Corp. agreed to acquire Axiall Corp. for about $2.4 billion, burying the hatchet after a five-month takeover contest, to become the second largest North American producer of vinyl products used in pipe, siding and decks Read More

Bayer Proposes to Acquire Monsanto, 19th May 2016
Bayer AG has approached Monsanto Co. about a takeover that would fuse two of the world's largest suppliers of crop seeds and pesticides, the companies said. Read More

Evonik Buys $3.8 Billion Chemical Unit From Air Products, 5th May 2016
Evonik Industries AG agreed to acquire the performance-materials unit from Air Products & Chemicals Inc. in a $3.8 billion deal to increase U.S. sales of high-margin products used in coatings, insulation and household detergents. Read More

Singapore-based Sinochem, Halcyon Agri to merge into $2.3 bil company, 28th March 2016
Singapore-based Sinochem International and Halcyon Agri Corp. have agreed to merge and form the world's largest natural rubber supply chain manager, Halcyon Agri said Monday, with combined revenues of more than $2.3 billion Read More

Monsanto Said to Seek Crop Chemicals Deals with BASF, Bayer, 20th March 2016
After losing the battle for Syngenta AG, Monsanto Co. has explored possible deals with BASF SE and Bayer AG of Germany as the U.S. seed company seeks to bolster its position amid industry consolidation, according to people familiar with the matter Read More

BASF Evaluating Rival Takeover Bid for DuPont, 5th March 2016
BASF SE is working with advisers and financing banks to examine the merits of making a counter bid for DuPont Co., the $55 billion chemical company that agreed to a merger with Dow Chemical Co. in December, people with knowledge of the matter said. Read More

ChemChina Nearing Deal to Buy Syngenta for Record $43 Billion, 2nd February 2016
China National Chemical Corp. is nearing an agreement to buy Swiss pesticide-and-seeds-maker Syngenta AG for about 43.7 billion francs ($42.8 billion) as the state-backed company extends its buying spree with what would be the biggest-ever acquisition by a Chinese firm, said people familiar with the matter Read More

TER Plastics Iberica acquires plastic division of Proquibas, 15th January 2016
Germany-based TER Plastics Polymer Group's subsidiary, Barcelona, Spain-based TER Plastics Iberica, has announced it has acquired the plastic division of Spanish chemical and plastics distributor Proquibasa. The financial figure for the deal was not disclosed. Read More

Honeywell completes acquisition of Sigma-Aldrich's research chemicals business
chemicals, 16th December 2015
Honeywell has completed the acquisition of Sigma-Aldrich's Germany-based laboratory research chemicals business, Seelze. Read More

Dow Chemical, DuPont Said in Advanced Merger Talks, WSJ Says, 9th December 2015
Dow Chemical Co. and DuPont Co. are in advanced talks to merge, the Wall Street Journal reported on its website, citing people familiar with the plan who it didn't identify. Read More

Thailand's Indorama Ventures Public Co. Ltd. said Thursday that it plans to acquire a 100% stake in the purified isopthalic acid, PET and purified terephthalic acid businesses of Cepsa Spain. Read More

Malaysia's Petronas Chemicals Group said Tuesday that it has acquired three companies involved in the Refinery and Petrochemicals Integrated Development, or RAPID, project at Pengerang, Johor, from Petronas Refinery and Petrochemical Corp Read More

Samsung to sell petrochemical operations to Lotte, 29th October 2015
The Samsung group will sell its stakes in petrochemical affiliates to the Lotte group, exiting the industry to focus on mainstay businesses such as electronics and finance. Read More

Kraton acquires Arizona Chemical for $1.37 billion, 15th March 2015
Oil and gas companies will spend about $450 billion buying each other this year as lower valuations caused by a drop in crude prices stimulate mergers and acquisitions, according to consultants A.T. Kearney. Read More

Arkema acquires Italian organic peroxides maker Oxido
Business Standard, 5th March 2015
Arkema has acquired Italian company Oxido, a European player in the formulation of organic peroxides used primarily in synthetic rubber crosslinking. Arkema continues to strengthen its high performance materials segment with the acquisition of Oxido, finalized on March 2, 2015. This company specializes in the formulation of organic peroxides used in the crosslinking of rubber and plastics, as well as initiators for polyester resins and hardeners, and generates sales of some Euro 20 million. Read More

Tronox to buy FMC's soda ash unit for $1.64 billion, 3rd February 2015
Diversified chemicals maker Tronox Ltd (TROX.N) said it would acquire FMC Corp's (FMC.N) Alkali Chemicals division for $1.64 billion to expand in faster-growing developing economies. Read More

Arkema gets nod for its £1.3bn Bostik deal
European Plastics News, 2nd February 2015
The European Commission has approved France-based chemical company Arkema's acquisition of French oil and gas giant Total's adhesives and sealants business Bostik. Read More

Dealmakers in Davos see more M & A despite geopolitical risks, 23rd January 2015

  • M & A deal volumes surged to seven-year high in 2014
  • CEOs, bankers, investors see another strong year in 2015
  • Driven by U.S. companies and some cost cutting in Europe

Low borrowing costs, currency shifts and the hunt for both cost savings and growth opportunities will drive a steady flow of merger and acquisition deals this year despite geopolitical tensions, according to business leaders meeting this week...................... Read More

Rosneft to finalize Sanors petchems takeover deal in Q1 2015, 30th December 2014
Russia's oil company Rosneft is aiming for the first quarter of 2015 to finalize the takeover of petrochemical producer Sanors, the latter said Read More

Mexichem completes acquisition of German PVC plant, 3rd December 2014
Mexico-based specialty chemicals producer Mexichem this week completed its acquisition of German PVC manufacturer Vestolit, furthering its stake in the European market Read More

Hanwha Chemical drops plans to acquire Dow Chemical's chloro-alkali business, 1st December 2014
South Korea-based Hanwha Chemical has shelved its plans to acquire Dow Chemical's chlor-alkali business. Read More

Lubrizol (BRK-A) to Acquire Warwick Chemicals, 25th November 2014
Berkshire Hathaway's (NYSE: BRK-A) Lubrizol Corporation announces it has signed an agreement to purchase Warwick Chemicals, a leading global developer, producer and supplier of stain removal technology with hygiene benefits. This acquisition will complement Lubrizol's existing home care product line, strengthening its strategy of providing high-value technology solutions to its global customers Read More

PPG Industries finalizes $2.3 bln purchase of Mexico's Comex
U.S. chemicals maker PPG Industries Inc said on Wednesday it had formally finalized its acquisition of Mexican paints maker Consorcio Comex for $2.3 billion. Read More

BRIEF-Johnson Matthey buys Clariant's battery materials business, 29th October 2014
Entered into an agreement to acquire battery materials business of Clariant AG for $75 million.............

About Us | Member Area | Feedback | Contact us | SiteMap
Copyrights © 2012 – CPMA – Chemicals and Petrochemicals Manufacturers’ Association . All Rights Reserved
Developed by - Innovins