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Agreement includes products, technology and manufacturing assets in Brazil, India and South Africa.
July 10, 2019
By: Anthony Locicero
Copy editor, New York Post
SI Group announced an agreement to sell the majority of its global industrial resin businesses and its Brazilian specialty business to ASK Chemicals, a portfolio company of private equity firm, Rhône Group, LLC. The transaction includes SI Group’s industrial resins products and associated manufacturing sites in Rio Claro, Brazil; Ranjangaon, India; and Johannesburg and Durban, South Africa, as well as licensed technology and multiple tolling agreements globally. ASK Chemical...
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