# Bakelite Synthetics acquires Georgia-Pacific Chemicals

Bakelite Synthetics closed its purchase of Georgia-Pacific Chemicals, gaining complementary resin and formaldehyde technology and 11 chemical facilities in the US and South America employing about 600 people. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2022-06-01
- Where: United States
- Status: completed
- Products: resins, formaldehyde
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Georgia-Pacific Chemicals](https://endata.com/companies/39387.md) (target)
- [Bakelite Synthetics](https://endata.com/companies/57663.md) (acquirer)

## Sources

- [chemanager-online.com](https://chemanager-online.com/en/news/bakelite-synthetics-buys-georgia-pacific-chemicals), 2022-06-01: "Bakelite Synthetics – formerly part of US resins producer Hexion – has closed its purchase of Georgia-Pacific Chemicals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.