News

  • Solstice Advanced Materials to Acquire Element Solutions in Transaction Valued at $14.5B

    • By Solstice Advanced Materials
    • Added on Jul 08, 2026

    Solstice Advanced Materials has entered into a definitive agreement to acquire Element Solutions in a cash-and-stock transaction valued at approximately $14.5 billion, including net debt. The combined company is expected to expand Solstice’s reach across electronics, AI infrastructure, thermal management, data center cooling, refrigerant solutions, and specialty materials markets. read more

  • Global Chemical Leaders Invest in the Future of High-Performance Materials

    • By ChemNet
    • Added on Jul 06, 2026

    Global chemical companies are making strategic moves to strengthen their high-performance materials businesses. Recent acquisitions, divestitures, and spin-offs from Covestro, BASF, INEOS, and Honeywell point to continued innovation, stronger supply networks, and growth across industries connected to polyurethanes, coatings, adhesives, and spray foam. read more

  • Olin and Huntsman to Merge, Creating $12B North American Chemicals Leader

    • By Olin Corporation; Huntsman Corporation
    • Added on Jun 16, 2026

    Olin Corporation and Huntsman Corporation have entered into a definitive agreement to merge, creating a major North American chemicals company with expanded polyurethane systems, advanced materials and upstream chemical capabilities. The combined company, to be named OlinHuntsman, expects more than $400 million in cost synergies and integration benefits, with the transaction anticipated to close in the first half of 2027. read more

  • BASF Advances China Expansion as Zhanjiang Site Targets €5B Sales

    • By MarketBeat
    • Added on Jun 09, 2026

    BASF says its new Zhanjiang Verbund site in Guangdong, China, has started operations on schedule and below budget. The facility is expected to generate €4 billion to €5 billion in sales by 2030, with EBITDA turning positive from 2027 as production ramps up. The company is positioning the site as a low-carbon, digitally enabled hub powered by 100% renewable energy. read more

  • Univar Solutions and BASF Expand Distribution Partnership Across North America

    • By Kerry Pianoforte- Coatings World
    • Added on Sep 09, 2025

    Univar Solutions USA LLC, a leading global solutions provider to users of specialty ingredients and chemicals, announced that Univar Solutions and its Canadian affiliate, Univar Solutions Canada Ltd., (the Ingredients + Specialties division from Univar Solutions) have been appointed the exclusive distributors in the United States and Canada for select BASF specialty ingredients used in industrial applications. read more