Category: Investments

Supermax building US$350 mn-glove facility in US

Malaysia-based glove maker Supermax Corporation intends to pump USUS$350 million into building the first phase of its first glove manufacturing facility in Texas, US, through its US-based subsidiary Maxter Healthcare. It will invest a total of US$550 million into all…

Trelleborg to repurchase own shares

Swedish firm Trelleborg has presented new financial targets and proposes a programme for the repurchase of its own shares. It says that “the conditions are better than ever, both operationally, and thanks to trends such as increased electrification, digitisation, and…

DL Chemical to acquire Kraton for US$2.5 bn

South Korea’s DL Chemical, a subsidiary of DL Holdings Co (formerly Daelim Industrial Co), will acquire 100% of US-based Kraton Corporation, a producer of specialty polymers and bio-based products derived from pine wood pulping co-products. The all-cash transaction has an…

Polytek snags Specialty Resin & Chemical

Polytek Development Corp. a US manufacturer of specialty polymers for coating, mould making, and casting applications and portfolio company of Arsenal Capital Partners, has acquired Specialty Resin & Chemical. Related: Arsenal Capital Partners scores Polytek The acquisition of Specialty Resin & Chemical…