Hexion Inc

Westlake to Acquire Hexion’s Epoxy Business for $1.2 Billion

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Westlake Chemical Corporation announced that it has entered into a definitive agreement with Hexion Inc. to acquire Hexion’s global epoxy business for approximately $1.2 billion. The deal is anticipated to be completed in the first half of 2022 following customary closing conditions. With this transaction, Westlake will significantly expand its integrated business by adding a … Read more

Hexion to Sell Phenolic Resins, Hexamine, Forest Products Businesses for $425 Million

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Hexion Inc. announced that it has entered into a definitive agreement to sell its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial. The consideration consists of $335 million in cash and certain assumed liabilities with the remainder in future proceeds based on the performance … Read more