Bakelite Synthetics Completes GP Chemicals Purchase

Bakelite Synthetics has completed the previously announced acquisition of Georgia-Pacific’s chemicals business (Georgia-Pacific Chemicals). With this acquisition, and after more than 100 years of development through legacy companies as a global phenolics leader, Bakelite Synthetics adds to its strong portfolio of products, brand and customers, as well as building on its growth strategy of delivering innovative solutions to customers in a sustainable manner.

Georgia-Pacific Chemicals brings with it complementary resin and formaldehyde technology and end markets in the building materials, transportation, industrial, chemical intermediate and specialty resins space. This acquisition includes 11 chemical facilities employing approximately 600 in the U.S. and South America.

The company’s new headquarters will be based in Atlanta, Ga., and the combined company will consist of 1,500 associates and 21 manufacturing sites operating in 10 countries.

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World’s Largest CLT Apartment Complex Being Built In Montreal

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Oak Hill Veneer Plans $2 Million Expansion

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British Columbia Invests $2.2 Million To Promote Wood In Buildings

The British Columbia provincial government says it is investing $2.2 million in the Wood First program to promote the use of B.C. wood both locally and internationally, and help advance innovative wood-building systems and value-added…

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