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From Bloomberg: A deal could value the chemical maker at about $2 billion, according to people with knowledge of the matter. SK Capital, a private equity firm, is working with advisers to look at strategic options for Geon.
Prosinski is Executive Vice President and Chief Financial Officer at J.M. Huber Corp.
SAN FRANCISCO, May 24, 2022 /PRNewswire/ -- The global antimicrobial additives market size is expected to reach USD 4.3 billion by 2030, according to a new report by Grand View Research, Inc.
The deals will continue Avient's focus on building an advanced composites platform, a strategy the company has been pursuing for 10 years. The transaction includes Dyneema, the strongest man-made fiber in the world.
In conjunction with the proposed $1.485 billion acquisition, the Avon Lake-based company said it will explore sale options for its Avient Distribution business. Key to the DSM acquisition is the Dyneema ultra-lightweight specialty fiber brand, which has six production facilities, four R&D centers and about 1,000 employees worldwide.