Evonik Industries Acquires PeroxyChem from One Equity Partners for $640 Million

Berkshire Hathaway Acquires OxyChem from Occidental

January 3, 2026

Manufacturing

Berkshire Hathaway has completed the acquisition of OxyChem from Occidental for $9.7 billion, subject to customary post-closing purchase price adjustments. OxyChem, headquartered in Dallas, Texas, is a major U.S. chemical manufacturer (PVC, chlor-alkali, chlorinated organics, calcium chloride) with operations across the U.S., Canada and Latin America and will remain led by CEO Wade Alleman.

PureTech Scientific (Iron Path Capital) Acquires Glycolic Acid Business from The Chemours Company for $137 Million

June 1, 2023

Manufacturing

PureTech Scientific, a company founded and backed by Iron Path Capital, agreed to acquire The Chemours Company's Glycolic Acid business for $137 million in cash. The transaction (a carve-out/divestiture) closed in August 2023 and creates a standalone platform focused on high‑purity alpha hydroxy acids for life sciences, specialty chemicals and personal care end markets.

Petronas Chemicals Group Acquires Perstorp from PAI Partners

May 17, 2022

Manufacturing

Petronas Chemicals Group Berhad (PCG) has agreed to acquire Perstorp Holding AB from PAI Partners for EUR 2.3 billion on a cash- and debt-free basis. Perstorp, a Sweden-based specialty chemicals manufacturer with ~1,500 employees and global manufacturing and R&D sites, will extend PCG's geographic footprint and specialty-chemicals capabilities pending regulatory and shareholder approvals.

Ecolab Acquires Bioquell

February 14, 2019

Medical Devices

Ecolab Inc. acquired 100% of Bioquell PLC for approximately £139 million (about $178 million), purchasing all outstanding shares and paying consideration to Bioquell shareholders. The acquisition brings Bioquell’s vaporized hydrogen peroxide bio-decontamination systems and services into Ecolab’s Life Sciences and healthcare offering to broaden its contamination-control and cleanroom capabilities globally.

Westlake Chemical Acquires Hexion's Epoxy Business

February 1, 2022

Manufacturing

Westlake Chemical Corporation completed the acquisition of Hexion's epoxy-based Coatings and Composite businesses (the "Epoxy Business") for approximately $1.2 billion. The transaction transfers Hexion's epoxy specialty resins, base epoxy resins and intermediates product lines to Westlake; Hexion will continue to operate its Adhesives and Versatic Acids and Derivatives product lines following the divestiture.

Balchem Corporation Acquires Chemogas NV

May 2, 2019

Industrial Services

Balchem Corporation has agreed to acquire Chemogas NV, a Belgium-based provider of packaged specialty gases (notably ethylene oxide) and related services, from majority shareholder Gilde Equity Management. The acquisition expands Balchem's global footprint in packaged ethylene oxide and creates a worldwide network of facilities to better serve medical device sterilization and other industrial customers.