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Brembo acquires minority stake in Pirelli

Italian maker of braking systems Brembo has acquired an interest in tyre maker Pirelli. Through its parent company Nuova FourB, which is an investment company, Brembo now holds a 2.43% stake in Pirelli. Terms were not disclosed. By adopting a…

Trinseo evaluates sale of SM/PBR assets in Germany

Trinseo, a manufacturer of plastics, latex binders, and synthetic rubber, says that it is looking at disposing its styrene monomer assets in Boehlen, Germany, and its polybutadiene rubber (nickel and neodymium-PBR) assets in Schkopau, Germany. The combined Adjusted EBITDA of…

Synthomer completes acquisition of Omnova

UK polymer company Synthomer says that it has completed its acquisition of Omnova Solutions Inc, a US-based specialty chemical company that manufactures emulsion polymers, speciality chemicals and decorative products. Synthomer had made an offer to buy Omnova for an enterprise…