Latest acquisitions emphasize ongoing investment in compounding, specialty formulations and oilfield chemical capabilities.
Chemical and materials corporations persistent to pursue focused acquisitions to scale specialty portfolios and producing capabilities, with latest offers targeted on compounding operations, personalized formulations and oil and gas manufacturing chemistries, as per the corporation declarations.
Westlake Expands Global Compounding Operations With ACI Deal
Westlake Corp. Stated it has finalized the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group, a Portugal-based producer of specialty material supporting wire and cable markets. The deal reportedly expands Westlake Global Compounds’ production footprint into Portugal, Romania and Tunisia, including to current operations in Mexico.
As per the statement, the acquisition is anticipated to reinforce Westlake’s Housing & Infrastructure Products business and develop its specialty materials and technology portfolio.
Windjammer Capital Acquires MFG Chemical
Private equity corporation Windjammer Capital announced it has acquired MFG Chemical, a specialty chemical producer providing water treatment and industrial coatings markets. Founded in 1980, MFG Chemical is based in Chattanooga, Tennessee, and enhances customized chemistries for more than a few industrial applications, the corporation stated.
Windjammer obtained the business from Platte River Equity. Financial terms were now not disclosed. Windjammer stated the investment will assist growth by operational improvement, product development and future acquisitions.
Verdant Specialty Solutions Obtains Lubrizol’s Elmendorf Assets
Verdant Specialty Solutions, a Samyang employer primarily based in Texas, said it has completed the acquisition of Lubrizol’s Elmendorf, Texas, manufacturing and R&D assets, consisting of the associated product portfolio. As per the Verdant, the assets expand its oil and gas manufacturing chemicals providing to include H₂S scavengers, scale inhibitors and corrosion inhibitors.
The transaction also consists of an on-site R&D laboratory, pilot-scale centers and application testing out capabilities. The Elmendorf site can be incorporated into Verdant’s Energy Services platform and North American production community, which includes sites in Illinois and Texas, the corporation stated.
