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Specialty Chemicals M&A image Specialty Chemicals M&A » By The Online Investor Staff, updated Tue., Apr. 30, 10:55 AM Recent mergers and acquisitions in the Specialty Chemicals M&A category.

This Slide: #85 of 91

Slide #85. Chemtura — Assets of Solaris ChemTech Industries Ltd.

Acquirer: Chemtura (CHMT)
Acquiree: Assets of Solaris ChemTech Industries Ltd.
Details: Chemtura Corporation announced that it has entered into a definitive agreement to acquire the bromine assets of Solaris ChemTech Industries Limited ("Solaris ChemTech" or "SCIL"), India's leading manufacturer of bromine and bromine derivatives. The acquired business will become an integral part of Chemtura's Great Lakes Solutions business. The Bromine and Bromine Chemicals division of Solaris ChemTech was established in the mid-1990s and has grown to be India's premier manufacturer of bromine. The acquisition includes two manufacturing facilities, a well-established R&D center and a multi-products facility in the State of Gujarat. The new subsidiary will be headquartered in New Delhi.

Chemtura is a developer, manufacturer and marketer of specialty chemicals. Industrial Performance Products segment provides lubricant additives, synthetic lubricant base-stocks, synthetic finished fluids, specialty greases and phosphate and polyester based fluids. Major end-use markets include adhesives, general industrial, automotive, building and construction, packaging, consumer products. Industrial Engineered Products segment manufactures bromine and bromine-based products, fumigants, flame retardants and organometallic compounds used in the plastics, agriculture, fine chemicals, oil and gas, building and construction, insulation, electronics, pharmaceutical and automotive industries.

Open the CHMT Page at The Online Investor »

CHMT — Key Stats (updated Thu., Apr. 20, 10:24 AM)
Company Name:  Chemtura Corp
Website:  www.chemtura.com
Sector:  Specialty Chemicals
 

Open the CHMT Page at The Online Investor (in a new window) »
April 30, 2024  •  10:55 AM Eastern
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