Specialty resins Westlake Chemical Corporation has entered into a definitive agreement with Hexion to acquire Hexion's global epoxy business for approximately USD 1.2 billion (ca. EUR 1.0 billion). Based in Rotterdam, The Netherlands, Hexion's epoxy business is an industry leader in the manufacture and development of specialty resins, coatings and composites for a variety of applications, including wind turbine blades and light-weight automotive structural components. The transaction is anticipated to be completed in the first half of 2022 following customary closing conditions. ...
Want to read more?
Log in or register now!
In order to access this content, please log in or register. Want to test EC 360° first? Start your one month free trial now!