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TER Chemicals acquires Evonik's modified Fischer-Tropsch Wax business · Endata

◂ Announcements

Jul 22, 2024ACQUISITIONGermany

TER Chemicals acquires Evonik's modified Fischer-Tropsch Wax business

TER Chemicals acquired the modified Fischer-Tropsch Wax business from Evonik, effective June 30, 2024. The portfolio includes VESTOWAX brand waxes used in coatings, adhesives, and plastics.

Status

Completed

Productsmodified Fischer-Tropsch waxes

CompaniesEvonik target TER Chemicals acquirer

Sectors#Specialty Chemicals

“The modified Fischer-Tropsch Waxes are a complementary addition to our wide product portfolio for the coatings, adhesives, plastics- and other industries”terchemicals.com

3 sources
terchemicals.comTER goes VESTOWAX®Jul 22, 2024
coatingsworld.comTER Chemicals Acquires Modified Fischer-Tropsch Wax Business from Evonik - Coatings WorldBy: KERRY PIANOFORTE EditorAug 13, 2024
adhesivesmag.comMergers/Acquisitions - Articles - Page 11 | Adhesives & Sealants IndustryNov 6, 2024

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

More from Evonik

Nov 4, 2026INVESTMENTEssen, Germany$57.2M
Evonik invests €52 million to expand silicone platform in Essen
Evonik polymerupdate.com chemeurope.com
Nov 3, 2026EXPANSIONEssen, Germany$56.0Mops 4 Nov 2026
Evonik invests €52 million to expand silicone production in Essen
Evonik evonik.com chemicalprocessing.com chemindigest.com
Oct 19, 2026PARTNERSHIPJapan
Evonik launches polyurethane recycling initiative in Japan
Evonik partner Toyotsu Chemiplas Corp. partner adhesivesmag.com
Sep 27, 2026ACQUISITIONGermany$11.8B
Evonik rejects BASF's EUR 11.2B takeover bid
BASF acquirer Evonik Industries target packaginginsights.com borderless.net polyureamagazine.com
Jul 8, 2026INVESTMENTLafayette, Indiana, United States$100.0M
Evonik to invest $100 million in Lafayette pharmaceutical plant
Evonik insideindianabusiness.com
Jun 19, 2026CLOSUREGermany, Germany-3,200 jobs
Evonik to cut 3,200 jobs, shutter polyester resin operations, close German plant in 2027
Evonik pieweb.plasteurope.com

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