US-based thermoset resin producer Hexion will sell its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses to Black Diamond and Investindustrial. The deal is worth $425 million. Black Diamond and Investindustrial are European investment companies. The business to be sold by Hexion posted sales of $530 million for the twelve months ending on…...
- Post author:Panu Anttila
- Post published:October 1, 2020
- Post category:Curated / Suppliers (machinery, glue, coating)