International Chemical Investors Group (ICIG), the owner of WeylChem and many other European assets, has acquired two more operations. The acquisition of HCS Group in June followed on from that of Organica Feinchemie in May. Terms were not disclosed in either deal.

German-based global manufacturer of hydrocarbon and chemical speciality chemicals HCS Group has signed a definitive agreement to sell its US oxo-product business to Aeicon, an investment firm based in Houston on undisclosed terms. This includes the HC Manvel site in Texas, which it had owned since 2015.