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BASF to sell Illinois site

BASF has agreed to sell its manufacturing site in Kankakee, Illinois and the associated businesses of vegetable-oil-based raw material sterols and natural vitamin E, anionic surfactants and esters to private equity firm One Rock Capital Partners. Terms are not being disclosed. Subject to regulatory approval, this should be completed in 1H 2021.

New owner for Innophos

The board of Innophos Holdings has unanimously agreed to be acquired by private equity firm One Rock Capital Partners. The $32/share deal equates to a transaction value of about $932 million, including debt.
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