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Hexion PAC makes dispersions, additives, powder coatings and speciality monomers.
March 24, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Synthomer plc has announced the acquisition of Hexion Performance Adhesives & Coatings (Hexion PAC), a business of Hexion Inc., a global chemical company based in Columbus, OH. The total consideration is $226 million, which is being funded from both existing cash resources and utilisation of additional credit facilities. The acquisition is expected to complete during the summer 2016 following receipt of regulatory approvals and satisfaction of other closing conditions. Hexion PAC develop...
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