Ashland

Arkema Completes Acquisition of Ashland’s Performance Adhesives Business

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Arkema has closed its previously announced acquisition of Ashland’s Performance Adhesives business for around $1.65 billion in an all-cash transaction. The company signed an agreement to acquire Ashland’s business in August last year. Ashland’s Performance Adhesives business supplies a wide range of adhesives for flexible packaging and pressure-sensitive adhesives for various markets, including decorative labels, … Read more

Arkema Acquires Ashland’s Performance Adhesives business for $1.65 Billion

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Arkema S.A. signed an agreement related to the acquisition of Ashland Global Holdings Inc.’s Performance Adhesives business for $1.65 billion. The company said that the acquisition is perfectly aligned with the Group’s ambition to become a pure Specialty Materials player by 2024. With estimated sales of around $360 million and an estimated EBITDA at a … Read more

Ashland Completes Sale of Composites Business to INEOS for $1.015 B

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Ashland Global Holdings Inc. announced on Tuesday, 3rd September that it has completed the previously announced sale of its Composites business (excluding the Maleic business) and butanediol manufacturing facility in Marl, Germany to INEOS Enterprises in a transaction valued at $1.015 billion. Net proceeds from the sale are approximately $930 million. Over $400 million of … Read more