Domo Chemicals has partnered with Bamberger Polymers for the distribution of its Domamid, Econamid and Domonyl nylon 6 and 66 compounds in North America.
Jindal Films agreed to buy Domo Chemicals' Italian-based nylon films business, Domo Films Solutions, for an undisclosed fee. The acquisition includes BOPA and CPA film production and is expected to close by the end of March 2021.
DOMO Chemicals announced plans for a new plant in Zhejiang, China, to produce 50,000 tonnes/year of engineered nylon compounds. The company signed a cloud contract on February 20, 2020, and will invest €12 million.
DOMO Chemicals has integrated the Technyl business, combining DOMAMID and ECONAMID ranges with TECHNYL brand to become a European leader in high-performance engineering polyamide materials.
DOMO Chemicals announced plans for a new nylon compounding plant in Zhejiang, China, with an investment of €12 million. The plant will have an initial capacity of 25,000 tons/year, expandable to 50,000 tons/year, and production is expected to start in Q4 2020.
BASF completed its purchase of Solvay's nylon 6,6 business for $1.4 billion. The deal includes nylon 6,6 polymer operations and a stake in an adiponitrile and hexamethylene diamine joint venture in France with Invista.
Domo Chemicals completed its acquisition of Solvay's European Performance Polyamides Business, including operations in France, Poland, Spain, Germany and Italy, with about 1100 employees.
BASF closed the acquisition of Solvay's polyamide (PA 6.6) business on January 31, 2020, for €1.3 billion, including eight production sites and stakes in two joint ventures.
The EU Commission has approved Domo Chemicals' acquisition of Solvay's European polyamide 6.6 business, including production sites in France, Spain and Poland. Chinese regulators have also approved the deal.
Epoch Biodesign acquired a nylon 6,6 production plant in Blanes, Spain from Domo Chemicals for just over EUR 4 million, gaining commercial-scale polymerization capacity for recycled nylon.
BASF and Domo Chemicals will enter into a joint venture in France to produce adipic acid, employing approximately 650 employees.
Domo Chemicals agreed to acquire Solvay's European polyamide 6.6 business, a divestiture required by EU Commission approval of BASF's acquisition. The transaction is expected to close by end of 2019.
Domo Chemicals invested about EUR 40 million to expand production capacity at its Leuna site. A new plant began producing around 5,000 tons of biaxially oriented polyamide film per year in December 2017, creating 32 jobs.
BASF New Business has acquired 100% of Innofil3D, a filament producer headquartered in Emmen, Netherlands. Approval from antitrust authorities is not required.
| Site | Largest | Latest |
|---|---|---|
| Zhejiang, China | $13.0M | 2020-05-20 |
| DuShan, China | $13.0M | 2020-02-20 |
| Leuna, Germany | $47.3M | 2017-12-05 |