Ingevity Corp. completed its acquisition of the Capa caprolactone division of Perstorp Holding AB, to be included in its Performance Chemicals segment.
Ingevity Corp. completed its purchase of the Capa caprolactone division of Perstorp Holding AB for $652.5 million, adding a plant in Warrington, England, and a new polymers line.
Ingevity Corp. announced it will pay $675 million to acquire Capa, a UK-based caprolactone business, from Sweden's Perstorp Holding AB. The sale is scheduled to close by March 31, 2019.
Ingevity Corporation agreed to acquire the Capa caprolactone division of Perstorp Holding AB for approximately €590 million ($675 million), expected to close late in Q1 2019.
Ingevity, a specialty chemicals manufacturer, is building a $20 million headquarters on a former brownfield site at 4920 O'Hear Ave in North Charleston, South Carolina, adding about 100 jobs. Construction is expected to start late fall 2018, with opening scheduled for 2020.
Ingevity Corporation has signed an agreement to acquire the remaining 30 percent interest in the joint venture Purification Cellutions from Applied Technology Limited Partnership for approximately $80 million.
Ingevity Corp. completed the acquisition of Georgia-Pacific's pine chemicals business for a cash purchase price of $310 million, and entered into a 20-year crude tall oil supply contract.
Ingevity Corp. will open a new automotive applications testing facility in Zhuhai, China, co-located with its existing manufacturing plant. The investment is $2.5 million.
Ingevity acquired Georgia-Pacific's pine chemicals business in the third quarter of 2017. The enterprise value was $315 million.
Ingevity Corp. agreed to acquire Georgia-Pacific's pine chemicals business for $315 million in cash. The deal includes assets at the Crossett, Arkansas plant and a 20-year crude tall oil supply contract.
Fluor is providing engineering, procurement and construction management services for two Ingevity facilities in China: adding a production line and relocating another in Suzhou, and building a new laboratory in Zhuhai. Both produce activated carbon.
| Site | Largest | Latest |
|---|---|---|
| North Charleston, United States | $20.0M | 2018-07-25 |
| Zhuhai, China | $2.50M | 2017-10-12 |