INEOS will acquire BASF’s 50% share in Styrolution, a joint venture between the companies. The purchase price to be paid by INEOS amounts to ?1.1 billion. A call option in favor of INEOS to buy BASF’s share in Styrolution was already included in the shareholders’ agreement signed in 2011.
Orient Paper, Inc. (NYSE MKT: ONP) (“Orient Paper” or the “Company”), a leading manufacturer and distributor of diversified paper products in North China, today announced the Company has ramped up its renovated PM1, and provides operation and market updates to shareholders and investors.
Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that it has reached an agreement with Rolland Enterprises Inc., a subsidiary of H.I.G. Capital for the sale of its fine papers activities for $39.5 million.
A. Schulman, Inc. (Nasdaq-GS: SHLM) announced today that it has completed its acquisition of a selected majority of the assets of the Specialty Plastics business segment from Ferro Corporation (NYSE: FOE) for $91 million in cash. The agreement to acquire the assets was first announced on June 4, 2014. The acquisition includes four facilities located in the United States as well as operations in Spain.
Neenah Paper, Inc. announced today that it has completed the purchase of Crane Technical Materials, Inc. from Crane & Co., Inc. The company, to be renamed Neenah Technical Materials, provides performance-oriented wet laid nonwovens media for fast growing filtration end markets as well as for environmental, energy and industrial uses. Annual sales of approximately $50 million are supported through two manufacturing operations located in Pittsfield, Massachusetts.
Combined Company, Veritiv Corporation, Trades on NYSE?
Acquisition leads the way to market and technology leadership
