Borden Chemical, Inc. Completes Acquisition of Bakelite AG
The acquisition is integral to Borden Chemical's plan, to form the world's largest producer of thermosetting resins and specialty materials by merging with Resolution Performance Products LLC and Resolution Specialty Materials LLC. Upon completion of those transactions, the new combined company will be named Hexion Specialty Chemicals, Inc.
Including Bakelite, Borden Chemical now has 61 manufacturing locations throughout North and South America, Europe and Asia serving strategic global markets. Upon closing of the merger with the Resolution companies, the combined Hexion Specialty Chemicals entity will have 86 manufacturing locations throughout the world.
Most read news
Organizations
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.