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
PELICE 2024 Will Cover Higher Level Focus On Markets & Technologies
The ninth Panel & Engineered Lumber International Conference & Expo (PELICE) will feature 38 speakers, while nearly 100 exhibitor sponsors will fill the Grand Ballroom North of the Omni Atlanta Hotel at Centennial Park in…
Oregon Truckers File Suit Against State
Rob Freres, president of Oregon-based Freres Engineered Wood, a manufacturer of lumber, veneer, plywood and mass timber, has thrown in his support for a lawsuit filed by the Oregon Trucking Assn. and three Oregon-based trucking…
Hasslacher Enters North America
Austria-based Hasslacher group is acquiring a stake in Element5, a mass timber producer specializing in the design, manufacture and assembly of modern engineered timber buildings. Based near Toronto, Can., Element5 employs more than 100 and…
Endowment Welcomes New Board Members
U.S. Endowment for Forestry and Communities announces that Fritz Mason, Paul Hossain and Anna Torma were elected as new directors at the organization’s fall board meeting. “Drawing upon diverse backgrounds, they each bring a distinctive…
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!