Abstract
Business Roundup ShareShare onFacebookTwitterWechatLinked InRedditEmail C&EN, 2016, 94 (13), p 15March 28, 2016Cite this:C&EN 94, 13, 15AbstractNexeo Solutions, which calls itself the largest U.S. plastics distributor, is being sold by TPG to an affiliate of the private equity firm WL Ross & Co. for $1.6 billion. TPG, also a private equity firm, acquired Nexeo from Ashland in 2011 for $979 million. IHS is merging with the financial information provider Markit in a transaction worth about $13 billion. IHS, based in Englewood, Colo., is the largest supplier of market research for the chemical industry. In 2011, it purchased Chemical Market Associates Inc. (CMAI), which was renamed IHS Chemical. Novacap, a French chemical maker, is in the process of being sold by its majority owner, the investment company Ardian, to Eurazeo and Mérieux Développement, two European investment firms. Novacap is a former Rhodia business that employs about 1,600 people. Invista is set to expand the production of aromatic polyester polyols at its site in Vlissingen, the Netherlands.View: PDF | Full Text HTML
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