Bakelite Synthetics Completes GP Chemicals Purchase

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376180744-0'); });

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.

 

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548375988914-0'); });

Latest News

Mohawk Purchases Spano, Pergo

Mohawk Industries, Inc. is purchasing Spano Invest NV (Spano), a Belgian panel board manufacturer, for €125 million ($168 million) in cash. Spano’s 2012 revenues are estimated at approximately €180 million ($231 million). This transaction is…

Raute Provides Market Snapshots

In its annual report, the plywood and LVL machinery and technology manufacturer, Raute, said 2012 was a clear improvement over the past few years, including a EUR 50 million order for machinery and equipment for…

We’re Not At The Jumping Up and Down Stage Yet

Story by Rich Donnell, Editor-in-Chief One of the comments I continued to hear from many industry professionals as we waded through the muddy recession together and as new housing starts sank to 500,000 annually (and…

EPA Finalizes Clean Air Regs

U.S. Environmental Protection Agency (EPA) finalized changes to Clean Air Act standards for boilers and certain incinerators that it says will achieve extensive public health protections by slashing toxic air pollution, including mercury and particle…

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1589916740199-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376916922-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548376961890-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548377005333-0'); });
Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe Now
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.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!

Contact Us