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.
Latest News
Boise Cascade Invests $140 Million In Three Facilities
Boise Cascade shared additional details regarding its previously announced $140-million investments in its Alabama and Louisiana facilities. The upgrades will support the company’s EWP growth strategy. Chapman, Ala.: An existing plywood line will be converted…
Timberlab Collaborates With SCM On CLT
Timberlab confirmed its collaboration with Italian manufacturer SCM, for the supply of innovative technologies to Timberlab’s new CLT plant in Millersburg, Ore. SCM will supply a CELASCHI XL profiling machine and double-end tenoner that will…
Chris Brown Assumes Role As Mid-South President
Mid-South Engineering recently bid a happy retirement to President Marc Stewart after 27 years with the company. “Leaving my daily interactions with this team leaves a Mid-South-logo-shaped hole in my heart,” Stewart comments. “While we’re…
Con-Vey Expands Operations In Oregon
Con-Vey is planning an expansion of its operations with the acquisition of approximately 15 additional acres, including 150,000 sq. ft. of manufacturing space. Strategically located with both highway and freeway access, and just 6.3 miles…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!