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Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Oct 2, 2025ACQUISITIONUnited States

Berkshire Hathaway to acquire OxyChem from Occidental for $9.7B

Berkshire Hathaway agreed to acquire Occidental's chemical business OxyChem for $9.7 billion in cash. The transaction is expected to close in Q4 2025.

Value

$9.70B

Status

Announced

Productscommodity chemicals

CompaniesBerkshire Hathaway acquirer Occidental target OxyChem target

Sectors#Specialty Chemicals

“This transaction strengthens our financial position and catalyzes a significant resource opportunity we’ve been building in our oil and gas business for the last decade.”oxy.com

1 source
oxy.comBerkshire Hathaway Inc. to Acquire OxyChemOct 2, 2025

Summarized from public sources; check the original articles before acting on it.

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Berkshire Hathaway to acquire OxyChem from Occidental for $9.7B · Endata