FMC Corporation announced that it has entered into a strategic collaboration with UPL Ltd to expand access of Rynaxypyr active to growers around the world and increase the manufacturing capacity for this critical molecule. Under the multi-year agreement, FMC will provide UPL access to products containing Rynaxypyr active for distribution in select markets. In the … Read more
PQ Group Holdings Inc. announced that it has entered into a definitive agreement to sell its Performance Chemicals business to a partnership established by Cerberus Capital Management, L.P. and Koch Minerals & Trading LLC for a purchase price of $1.1 billion. PQ’s Performance Chemicals business includes sodium silicate and silica derivatives. “We are excited by … Read more
W. R. Grace & Co. announced that it has entered into a definitive agreement to acquire the Fine Chemistry Services business (FCS) of Albemarle Corp. for approximately $570 million. The transaction included $300 million paid in cash at closing and $270 million funded through the issuance to Albemarle of non-participating preferred equity of a newly … Read more