Hexion Specialty Chemicals, Inc.
Borden Chemical, Inc. and Resolution Performance Products LLC (RPP) to merge, together with Resolution Specialty Materials LLC (RSM), to form the world’s largest producer of thermosetting resins.
All three companies are owned by affiliates of the private investment firm Apollo Management, L.P.
The new company will be named Hexion Specialty Chemicals, Inc.
Borden Chemical, Inc. Completes Acquisition of Bakelite AG
Hexion Specialty Chemicals Completes Purchase Of Coatings & Adhesives Business From The Rhodia Group
Hexion Specialty Chemicals Completes Purchase Of Ink & Adhesive Resins Business From Akzo Nobel
Hexion Specialty Chemicals Completes Purchase Of Orica's Adhesives & Resins Business
Hexion Specialty Chemicals To Acquire German Resins Business From ARKEMA
Hexion confirms to buy Huntsman in 10.6 bln usd deal
Borden Chemical, Inc., Resolution Performance Products
LLC and Resolution Specialty Materials LLC to Merge; Will Form Hexion Specialty
Chemicals,
Third-Largest North American-Based Specialty Chemical Company,
With Revenues Over $4 Billion; Borden Chemical On Target to
Complete Acquisition of Bakelite AG
http://www.bordenchem.com/aboutUs/newsReleases.asp?release=04-25-05a.asp
Borden
Chemical, Inc. and
Resolution
Performance Products LLC (RPP) today jointly announced plans to
merge, together with Resolution Specialty Materials LLC
(RSM), to
form the world’s largest producer of
thermosetting resins. All three companies are owned by affiliates
of the private investment firm Apollo Management,
L.P. The new
company will be named Hexion Specialty Chemicals, Inc.
Hexion Specialty Chemicals is expected to include Bakelite AG, which as previously announced,
Borden Chemical has agreed to acquire. The combination of Borden
Chemical, RPP and RSM and the acquisition of Bakelite are
expected to close in the second quarter of 2005.
Borden
Chemical is
a leading global producer of binding and bonding resins,
performance adhesives and the building-block chemical
formaldehyde. RPP is a leading worldwide
manufacturer and developer of epoxy resins and is the leading
global manufacturer of Versatic acids バーサチック酸and derivatives. RSM is a global producer of coatings,
adhesives, specialty polymers, and ink raw materials. Bakelite is a leading supplier of phenolic
and epoxy thermosetting resins 熱硬化性樹脂and molding compounds in Europe.
Resolution Performance Products LLC http://www.resins.com/resins/
You've known our Resins and Versatics business for over 50 years as the company that's led the world in technological development of thermoset resin systems and specialty monomers. From our roots within the Shell Group of Companies, we've become the Resolution Performance Products Company.
We globally market the broadest range of epoxy resins, curatives and specialty products either through our Customer Service Centers or through our global line-up of Distributors.
The name Resolution Performance Products (RPP) is beginning to resin-ate throughout the chemical industry. Once part of Shell Chemicals, the firm was sold to private investment firm Apollo Management in 2000. RPP is a leading maker of epoxy resins (along with Dow and Huntsman), which are used in coatings, adhesives, and printed circuit boards. The company gets about two-thirds of its sales from epoxy resins. It also produces bisphenol-A (BPA) and epichlorohydrin (ECH), two chemical intermediates used in epoxy resins, and it is a top maker of versatic acids, which are used in pharmaceuticals, personal care products, and coatings. Apollo Management owns about 91% of the company; Shell Oil owns nearly 8%.
（ http://biz.yahoo.com/ic/106/106223.html ）
Resolution Specialty Materials LLC http://www.resins.com/RSM/
You have known our global business of coatings, adhesives, specialty polymers, and inks for many years as providers of technical products and solutions. Resolution Specialty Materials (RSM) has been formed from businesses acquired from the Eastman Chemical Company, and includes facilities in the U.S., Europe and China.
We market an extensive line of products through our Direct and Distributor channels. RSM delivers the "base" coatings technology which customers formulate into finished coatings products. In inks, RSM provides a range of specialty polymers for graphic art applications. RSM is also a producer of composite polymers, textile chemicals and acrylic monomers.
Eastman Completes Sale of Portions of CASPI to Apollo Management
http://www.eastman.com/News_Center/News_Archive/Corporate_News/2004/040802.aspApollo Management, L.P., a private investment firm, and Eastman Chemical Company (NYSE:EMN) today announced they have completed the sale of certain businesses and product lines in Eastman’s coatings, adhesives, specialty polymers and inks (CASPI) segment to Apollo.
As previously announced, the following Eastman businesses and product lines are included in the divestiture: acrylate ester monomers, composites (unsaturated polyester resins), inks and graphics arts raw materials, liquid resins, powder resins and textile chemicals. Manufacturing sites divested include: Pleasant Prairie, Wis.; LaVergne, Tenn.; Carpentersville, Ill.; Roebuck, S.C.; Lynwood, Calif.; Columbus and Forest Park, Ga.; and Ennis, Texas, in the United States. Sites outside the U.S. include: Kallo, Belgium; Sant’ Albano and Cola’ di Lazise, Italy; Molndal, Sweden; Hamburg, Germany; Sokolov, Czech Republic; and Tianjin, Nanping and Funing, People’s Republic of China. Approximately 2,100 employees are associated with the businesses and sites acquired by Apollo.
April 29, 2005 Borden Chemical
Borden Chemical, Inc.
Completes Acquisition of Bakelite AG
http://www.bordenchem.com/aboutUs/newsReleases.asp?release=04-29-05a.asp
Borden Chemical, Inc., a leading supplier of thermoset and other high performance resins, adhesives and specialty materials, announced today it has completed its acquisition of Bakelite AG from its parent company, Rutgers AG. The Bakelite business will continue to be headquartered in Iserlohn-Letmathe, Germany.
Hexion Specialty
Chemicals Completes Purchase Of Coatings & Adhesives Business
From The Rhodia Group
http://www.hexionchem.com/english/PDF/PressRelease20060131-HexionCompletesPurchaseofRhodiabusiness.pdf
Hexion Specialty
Chemicals, Inc., the world’s largest producer of thermoset
resins, announced today it has completed its purchase of the decorative
coatings and adhesives business unit of The Rhodia Group.
The manufacturing facilities are located in Ribecourt and Bolbec, France; Leuna, Germany; Asua, Spain; Paulinia, Brazil; Clayton, The United Kingdom; Boxhill, Australia; and, Samutsakorn, Thailand.
About Hexion Specialty
Chemicals, Inc.
Based in Columbus, Ohio, Hexion Specialty
Chemicals
combines the former Borden Chemical, Bakelite, Resolution Performance Products
and Resolution Specialty Materials companies into the global
leader in thermoset resins. Hexion serves the global wood and
industrial markets through a broad range of thermoset
technologies, specialty products and technical support for
customers in a diverse range of applications and industries.
Hexion Specialty Chemicals is owned by an affiliate of Apollo Management,
L.P.
Additional information is available at www.hexionchem.com.
2006/6/1 Hexion （元 Borden Chemical, Inc. and Resolution Performance Products LLC）
Hexion Specialty
Chemicals Completes Purchase Of Ink & Adhesive Resins
Business From Akzo Nobel
http://www.hexionchem.com/news_article.aspx?id=450
Hexion Specialty
Chemicals, Inc., the world’s largest producer of thermoset
resins, announced today that it has completed its purchase of the
global ink and adhesive resins business of Akzo Nobel.
The business produces resins used to manufacture inks for
commercial printing and packaging, digital inks for laser and
photocopier printing, and pressure sensitive adhesives used in
tape and labeling applications. Its resins also are used in
synthetic rubber, pigments, flooring, roadmarkings, diapers and
other products. It will become part of Hexion’s Performance Products and Inks
Division.
“This
acquisition further strengthens and diversifies our range of
products and technologies, and expands our geographic footprint
to help us effectively serve our global customer base,”
said Division
President Sarah Coffin.
The acquired business includes manufacturing facilities in
Maastricht, The Netherlands; Santo Varao, Portugal; Toronto,
Canada; Concordia, Argentina; Mt. Maunganui, New Zealand;
Fengkai, and Suzhou, China; Gunsan, Korea; and in the U.S.,
Baxley, Georgia and Matteson, Illinois.
The business has annual sales of approximately Euro166 million
and employs 560 associates. Its resin technologies include hard
resins, alkyd resins, polyester resins, acrylic resins, resin
solutions and vehicles, tackifier dispersions, and rosin esters.
2007/1/31 Hexion
Hexion Specialty Chemicals Completes Purchase Of Orica Limited's
Adhesives & Resins Business
| Borden Chemical はApollo Management LP の子会社となっているが、2005年にResolution Performance Products LLC と合併し、Hexion Specialty Chemicals となっている。 http://www.hexion.com/ |
Hexion Specialty
Chemicals, Inc. announced today that it has completed its purchase of the
adhesives and resins business of Orica Limited. The purchase price was not
disclosed.
The Orica adhesives and resins business manufactures formaldehyde and
formaldehyde-based binding resins used primarily in the forest
products industry.
The business includes three manufacturing facilities located in
Deer Park (Victoria) Australia, and Mountview and Hornby, New
Zealand. The business had 2005 sales of $104 million and employs
100 people.
Hexion Specialty Chemicals To Acquire German Resins Business From ARKEMA
Hexion Specialty Chemicals, the world's leading global source for thermoset resins, announced today that it has reached a definitive agreement to acquire the German resins and formaldehyde business of ARKEMA GmbH.
| Borden Chemical はApollo Management LP の子会社となっているが、2005年にResolution Performance Products LLC と合併し、Hexion Specialty Chemicals となっている。 http://www.hexion.com/ |
Based in the Leuna industrial park, located in east central Germany, the ARKEMA German resins and formaldehyde business manufactures formaldehyde and formaldehyde-based resins including urea-formaldehyde, phenol-formaldehyde and melamine-based resin systems. These resins are used to manufacture engineered wood panels including oriented strandboard, particleboard and medium density fiberboard. The business also produces impregnation resins used to laminate decorative paper surfaces to wood products. The business employs 100 people and had 2006 revenues of approximately Euro101 million.