July 07, 2020

F+L Daily Executive Brief | Leaderboard | 600×75

Ingevity

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Ingevity opens dedicated lubricants laboratory in Shanghai

Ingevity has established a dedicated lubricants laboratory in Shanghai, China, to better serve customers in the Asia-Pacific region. The facility is Ingevity’s second lubricants-focused technical center globally, and will provide a dedicated location where Ingevity technical staff can partner with customers to develop optimally-performing lubricant solutions. The capabilities in the Shanghai laboratory will include quality […]

May 13, 2019
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Perstorp to sell Capa™, its caprolactone business, to Ingevity

Perstorp, a global leader in specialty chemicals, has agreed to sell Capa™, its caprolactone business, including the production site in Warrington, to Ingevity for approximately EUR590 million (USD670 million). The business has annual revenues of approximately EUR150 million (USD170 million). The division’s products are key components in adhesives, bioplastics, coatings, elastomers and resins. The business […]

December 20, 2018
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Ingevity reports 34.6% increase in third-quarter net income

U.S. specialty chemicals manufacturer Ingevity Corporation has reported strong third-quarter growth in its latest financial results released on 24 October. Third-quarter net sales increased 17.8% to USD311.2 million compared to the previous year’s third quarter, and the company reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of USD90.7 million (compared to USD72.7 million […]

October 26, 2018
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Ingevity to open new automotive testing center in Zhuhai, China

Ingevity Corporation, based in North Charleston, S.C., U.S.A., announced that it will open a new automotive applications testing facility in Zhuhai, China. The new testing center will provide state-of-the-art application testing capabilities to original equipment manufacturers (OEMs) and suppliers who use Ingevity’s automotive activated carbon products in gasoline vapor emission control system components. “We are […]

December 7, 2017
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Ingevity acquires Georgia-Pacific’s pine chemicals business for USD315 million

Ingevity Corporation announced that it has reached an agreement with Georgia-Pacific to acquire Georgia-Pacific’s pine chemicals business for a cash purchase price of USD315 million. The acquisition is subject to certain regulatory approvals and other customary closing conditions. Ingevity expects to close on the transaction in late 2017. Georgia-Pacific’s pine chemicals business manufactures and sells […]

August 23, 2017