Sector News

Sika to buy Romanian mortar maker Adeplast

November 26, 2019
Chemical Value Chain

Sika is buying Romanian mortar and thermal insulations company Adeplast, the Swiss construction chemicals maker said on Monday.

Adeplast generates sales of 120 million Swiss francs ($120.34 million)with a workforce of 460 employees, said Sika, which did not disclose how much it was paying for the business. ($1 = 0.9972 Swiss francs)

By John Revill

Source: Reuters

Related News

July 9, 2020

Europe PE buyers face large hikes in uncertain market

Chemical Value Chain

Polyethylene (PE) buyers face significant increases in the early stages of July discussions, although retroactive business means that final numbers will not be settled for some weeks. The high level […]

July 9, 2020

Ineos to buy BP petrochemicals businesses for $5bn

Chemical Value Chain

BP is selling its remaining standalone petrochemicals businesses to Ineos for $5 billion (£4 billion), as part of a reorganisation aimed at meeting the challenge of a transition to cleaner […]

July 9, 2020

OMV’s second-quarter petchem margin down, refinery utilization plunges

Chemical Value Chain

OMV (Vienna, Austria) says its second-quarter 2020 ethylene/propylene net margin has fallen to €393/metric ton ($445), down from €475/metric ton in the prior-year quarter and €459/metric ton in the first […]