MAPEI Acquires Resins Business Unit from SMAC (Resipoly & Eurosyntec)

Mutares Acquires SABIC Engineering Thermoplastics Business for $450 Million

January 12, 2026

Manufacturing

Mutares SE & Co. KGaA has completed the acquisition of SABIC’s Engineering Thermoplastics business in the Americas and Europe for an enterprise value of USD 450 million. The acquired business, generating about USD 2.5 billion in revenue with ~2,800 full-time employees and eight production facilities, will operate under the new name NexPoint Materials and become the core platform of Mutares’ Chemicals & Materials segment.

Pacific Avenue Forms Resin Solutions to Acquire Three Product Lines from TotalEnergies' Cray Valley

April 13, 2023

Manufacturing

Pacific Avenue Capital Partners has formed Resin Solutions LLC to acquire the Poly bd, Wingtack, and Dymalink product lines from TotalEnergies' Cray Valley in a corporate carve-out. The deal includes four U.S. production sites, one site in Italy, global customer relationships, and establishes Resin Solutions (headquartered in Exton, Pennsylvania) as a standalone specialty functional additives platform under Pacific Avenue Fund I, L.P.; Joan Braca and Anthony Glauser were named CEO and CFO.

Eastman Chemical to Sell Adhesives Resins Business to Synthomer plc

October 28, 2021

Manufacturing

Eastman Chemical Company (NYSE: EMN) entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer plc for $1.0 billion in cash. The transaction is expected to close in the first quarter of 2022, subject to regulatory approvals and customary closing conditions.

Polytek Development Corp. Acquires Specialty Resin & Chemical

September 7, 2021

Manufacturing

Polytek Development Corp., a portfolio company of Arsenal Capital Partners, acquired Specialty Resin & Chemical, a Dowagiac, Michigan–based supplier of mold making, casting, and coating resins. Daniel Wilson, the owner of Specialty Resin & Chemical, will remain in an active role; Genesis Capital served as financial advisor to Polytek.

Siparex ETI Acquires Majority Stake in Sintex NP (European Subsidiary of Sintex Group)

August 19, 2019

Manufacturing

Siparex ETI, with co-investors Carvest, BNP Paribas Développement, AfricInvest and Desjardins Capital, signed an agreement to acquire a majority stake in Sintex NP, the European arm of India's Sintex Group. Sintex NP is a leading European processor of polymers, composites and precision metal engineering with ~2,800 employees and €275m in sales (2018); the investment will support accelerated growth via acquisitions and international expansion, particularly into North America.

Sinochem International (Overseas) Pte. Ltd. Acquires ELIX Polymers from Sun European Partners

January 11, 2019

Manufacturing

Sinochem International (Overseas) Pte. Ltd. has acquired ELIX Polymers, a leading European manufacturer of ABS resins, from an affiliate of Sun European Partners for an enterprise value of €195 million. ELIX — headquartered in Tarragona, Spain — was owned by Sun European Partners since 2012, during which time the PE owner improved operations and materially increased EBITDA prior to the sale.