Hexion to sell phenolic specialty resins and other businesses for $425 million

Hexion Inc. entered a definitive agreement to sell its phenolic specialty resins, hexamine, and forest products resins businesses to Black Diamond and Investindustrial for approximately $425 million, including 11 manufacturing facilities.

“Hexion Inc. recently announced that it has entered into a definitive agreement to sell multiple businesses to Black Diamond and Investindustrial for approximately $425 million.”adhesivesmag.com

• 2 sources
• adhesivesmag.comMergers/Acquisitions - Articles - Page 31 | Adhesives & Sealants IndustryJul 23, 2020
• efanews.euInvestindustrial acquires Della ToffolaSep 1, 2020

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