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The transaction is expected to close prior to the end of the calendar year 2020.
August 5, 2020
By: Anthony Locicero
Copy editor, New York Post
Ashland Global Holdings Inc. announced a definitive agreement to sell the company’s maleic anhydride business and manufacturing facility in Neal, West Virginia to AOC Materials LLC, for $100 million. Maleic anhydride is manufactured industrially on a large scale for applications in coatings and polymers. The maleic anhydride business was previously excluded from the sale of Ashland’s Composites business and the butanediol (BDO) manufacturing facility in Marl, Germany, to INEOS Enter...
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