NEWS

04 November 2024 International Chemical Investors Group (ICIG) today announced the acquisition of the European Advanced Organics business from Valtris Specialty Chemicals. The acquisition includes production plants in Tessenderlo (Belgium) and Maastricht (the Netherlands) as well as the benzyl chloride and derivatives portfolio manufactured at...

ICIG takes over production facilities at five locations in Germany and the United States Around 1,000 employees will get a new home on September 1, 2024 Sales proceeds to support investments in green transformation of Evonik 02 September 2024 Essen, Germany. Evonik has successfully completed the sale of its superabsorbents business unit to the...

Frankfurt am Main, Germany – July 30, 2024 International Chemical Investors Group (ICIG) has signed an agreement with Clariant to purchase the decommissioned bioethanol plant in Podari, Romania. In the future, the site will be operated by ICIG's biotechnology subsidiary Corden BioChem. As a biotechnology CDMO, Corden BioChem already operates one...

May 21, 2024 Søborg-based Cellugy, a Danish industrial biotech startup developing innovative, natural, biofabricated cellulose-based solutions to replace fossil-based materials in various industrial applications, has raised €4.9 million in seed funding to scale up production of its EcoFLEXY dry cellulose product to industrial volumes. The round...

ICIG acquires production facilities at five locations in Germany and U.S. Purchase price in low triple-digit million Euro range Closing expected for mid-2024 following approval by competition authorities   04 March 2024 Frankfurt am Main, Essen, Germany – Evonik is selling its Superabsorbents business to the International Chemical Investors...

Frankfurt am Main, Germany – March 4, 2024 ICIG has successfully closed the acquisition of a majority stake in Vasant Chemicals, a renowned Indian company specializing in the production of Specialty Chemicals and Pharma Intermediates. The company is set to be integrated into the WeylChem Group the Fine Chemicals platform of ICIG. This acquisition...

Following the successful acquisition by the International Chemical Investors Group (ICIG), HCS Group will form the basis for a new strategic platform within ICIG. Frankfurt a.M., Germany, 01.09.2023 – HCS Group, a leading international supplier of solutions for high-value hydrocarbon specialties, announced today that the acquisition by the...

03 July 2023   Essen (Germany), Luxembourg. The chemical site in Lülsdorf near Cologne now officially belongs to the International Chemical Investors Group (ICIG). The sale of the site, which was announced at the beginning of April, was completed June 30 after the necessary approvals were obtained from the antitrust authorities, among...

HCS Group will be acquired by the International Chemical Investors Group (ICIG). Closing is expected in Q3 2023.   Frankfurt a.M., Germany, 14 June 2023 – HCS Group, a leading international supplier of solutions for high-value hydrocarbon specialties, is pleased to announce that it will become part of the International Chemical Investors...

06 April 2023 Established chemical group plans to invest substantially in the site Extensive employment safeguards agreed Transfer to new owner planned for mid-2023   Essen, Germany. Evonik is selling its site in Lülsdorf (Germany) and the associated cyanuric chloride business in Wesseling (Germany) to International Chemical Investors Group...

18 November 2022 International Chemical Investors (ICIG) has successfully closed the acquisition of inprotec AG from Paragon Partners. inprotec offers its clients longstanding experience as the leading contract manufacturer for industrial drying and granulation services using fluidized-bed spray granulation, coating, matrix encapsulation and...

17 November 2022 International Chemical Investors (ICIG) has successfully completed the acquisition of the compounds business of Benvic Group SAS from PVC Europe Group S.a.r.l, an investment subsidiary of Investindustrial. Benvic develops, produces and markets thermoplastic solutions based on PVC as well as engineering polymers and bio-polymers...

16 November 2022 International Chemical Investors (ICIG) has made a firm and binding offer to acquire sodium metal specialist Métaux Spéciaux (MSSA) from Nippon Soda. Based on this offer, ICIG has entered into exclusive negotiations with Nippon Soda with respect to the envisaged purchase of MSSA. The envisaged transaction is subject to...

26 October 2022, Munich / Luxembourg: Paragon Partners (Paragon) and its minority co-shareholders sell 100% in inprotec AG to International Chemical Investors group (ICIG). The transaction is subject to customary antitrust clearance and expected to close in November. Paragon acquired a majority stake in the business in 2018 and has since invested...

25 October 2022 Vynova has published its annual sustainability report, covering the important progress the company has made on its sustainability journey in 2021. The Vynova Sustainability Report focuses on the most significant sustainability indicators of the company’s activities, as well as on its commitment and efforts towards its...

25th August 2022 PVC Europe Group S.a.r.l (“Investindustrial”), an independently managed investment subsidiary of Investindustrial Growth L.P. (“Growth Fund”), has signed a binding put option for the sale of the compounds business (“Benvic Compounds”) of Benvic Group SAS (“Benvic” or “the company”) to the strategic investor, International...

23 June 2022 Vynova has completed a major investment at its VCM plant in Tessenderlo (Belgium), replacing the refrigeration units of both VCM production facilities with state-of-the-art, more environmentally friendly refrigeration installations. The project was carried out over a period of 3 years and represents a total investment of 18.5 million...

May 2nd, 2022 – Basel Astorg and International Chemical Investors Group (“ICIG”) today announce that they have signed a binding agreement whereby Astorg will acquire CordenPharma (“CordenPharma” or the “Company”), a global leading pharmaceutical CDMO (Contract Development & Manufacturing Organisation) with highly differentiated capabilities...

29 March 2022 ICIG Business Services, the shared service center within the International Chemical Investors Group (ICIG), has successfully achieved its ISO 27001 certification in March 2022 after two years of intensive planning and focused execution. With its two offices in Wuppertal and Frankfurt/Main, ICIG Business Services offers one-stop...

16 March 2022 Vynova, a leading European PVC and chlor-alkali company, has inaugurated a state-of-the-art hydrogen-fired steam boiler system at its site in Tessenderlo, Belgium. By the end of this year, the company will install a second, identical steam boiler. Thanks to both boilers, Vynova will reduce the CO2 emissions of its Tessenderlo...

23 February 2022 Vynova has launched the world’s first range of low-carbon potassium (K) derivatives. Marketed under the VynoEcoSolutions brand, the new K derivatives product line has the lowest carbon footprint available on the market and will help customers across a wide range of industries to manufacture more sustainable products. “The EU...

1 February 2022 – Luxembourg > CordenPharma, a leading, full-service Contract Development & Manufacturing Organization (CDMO) supplying APIs, Excipients, Drug Products, and associated Packaging services, announced today the completion of the acquisition of three manufacturing facilities from Vifor Pharma, to be ultimately renamed Corden...

Vifor Pharma drives transformation with divestment of non-core finished drug manufacturing to CordenPharma   Focus on expansion in nephrology, and to maximize opportunities on the iron portfolio Vifor Pharma to divest non-core assets on finished drug product facilities to CordenPharma, reducing organizational complexity, and optimizing cost...

26 August 2021 Vynova has received a Gold Rating in a recent assessment of its Corporate Social Responsibility (CSR) performance by EcoVadis. This result places Vynova among the top 5 percent of all companies assessed by EcoVadis within its industry group. EcoVadis is recognised as one of the world’s largest and most trusted providers of business...

02 August 2021 The business will become part of the WeylChem Group of Companies, the fine chemicals platform owned by the International Chemical Investors Group. The combined business, which includes an existing sulphuric acid and oleum plant in Lamotte, Northern France, will become one of the leading European Sulphur Chemicals companies....

12 July 2021 Vynova, a leading European PVC and chlor-alkali company, today announced that it will build a state-of-the-art production plant for liquid potassium carbonate (K2CO3) at its site in Tessenderlo, Belgium. The new and larger facility will replace the company's existing potassium carbonate plant in Tessenderlo and will be constructed to...

2 July 2021 International Chemical Investors Group (ICIG) and Vynova Group are pleased to announce the appointment of Christophe André as new President of Vynova Group, with effect from 1 September 2021. Christophe André will succeed Stefan Sommer, who will retire as President of Vynova Group and assume the role of Chairman of the Supervisory...

On November 26th, Dr. Uwe Brunk, President of WeylChem Group of Companies (WCGC), announced the larger scale investment in a new production facility for aromatic ring chlorination to be built at the Group’s site in Frankfurt-Höchst. With this step, WCGC will also strengthen the existing side-chain chlorination technology and establish a...

Luxembourg, 17. November 2020 CordenPharma’s Centre of Excellence for Peptide Process Development and non-GMP manufacturing in Frankfurt, Germany is not only known for bringing a high level of peptide expertise in the development of efficient and lean peptide processes like Glucagon-Like Peptide analogues (GLP 1 or GLP 2), but also for being able...

12 November 2020 Vynova has launched the world’s first range of certified circular-attributed PVC resins. The innovative PVC portfolio is manufactured using circular ethylene which is produced from mixed plastic waste, helping close the loop on plastics recycling. The new circular-attributed PVC is produced using ethylene which is made from...

28 September 2020 Vynova, a leading European PVC and chlor-alkali producer, has opened a storefront on Knowde, the world's premier e-commerce site for chemicals, polymers and ingredients. The partnership with Knowde will further enhance Vynova's digital presence and boost the company's e-marketing strategy. Vynova’s digital storefront gives...

25 September 2020 For the third consecutive year, Vynova was named best PVC producer at the Best Polymer Producers Awards for Europe. The prestigious awards are voted for by customers and the recognition confirms Vynova’s performance as an outstanding supplier to the PVC industry. In total, the annual Best Polymer Producers Awards reward ten...

31 July 2020 Tomorrow, 1 August 2020, marks the fifth anniversary of Vynova’s foundation. In those five years, Vynova has steadily developed itself from the ‘new kid on the block’ to a leading European PVC and chlor-alkali company. 1 August 2015: industrial group International Chemical Investors (ICIG) closes its largest acquisition to date, a...

1 July 2020 Vynova has started up a new installation at its Tessenderlo (Belgium) site that uses residual heat for the production of steam. Thanks to this project, the energy consumption and CO2 emissions of the production site will be significantly reduced. The project represents an investment of 6 million euros. Vynova produces various basic...

20 February 2020 Vynova has launched a range of bio-attributed PVC resins that will enable customers in all application sectors to innovate their PVC products and support their sustainability goals. The new PVC portfolio is manufactured using renewable ethylene which is produced from certified second-generation biomass feedstock which does not...

CordenPharma Group, the global pharmaceutical service & manufacturing platform of International Chemical Investors Group (ICIG), is pleased to announce the appointment of Dr. Michael Quirmbach as Chief Executive Officer & President, effective August 1, 2019. Michael Quirmbach joined CordenPharma Group in October 2014 as Chief...

On 1 July 2019, Potasse et Produits Chimiques SAS has joined Vynova Group. The company, based in Thann (France), has been renamed Vynova PPC SAS. The site’s integration is the final step in a journey of continually increasing cooperation and will further strengthen Vynova’s position as Europe’s number one supplier of potassium...

Effective November 1, 2018, International Chemical Investors Group (ICIG) and WeylChem Group have acquired the Homecare, Cellulosics and Synthesis business of Catexel Group from Unilever Ventures. By acquiring Catexel Technologies Ltd. and Catexel Cellulosics Ltd. from Unilever Ventures, WeylChem Group broadens its portfolio of...

Vynova Group today inaugurated its new, state-of-the-art potassium hydroxide (KOH) membrane electrolysis facility in Tessenderlo, Belgium. The plant is the result of a major conversion project which was concluded in April 2018, ahead of schedule. The project involved a 65 million euros investment and is part of a larger...

Effective October 1, 2018, Dr. Uwe Brunk (56) will join International Chemical Investors Group (ICIG) as President of the WeylChem Group of Companies. Uwe Brunk holds a PhD in Organic Chemistry from the Technical University in Berlin and an executive MBA from INSEAD. He has accumulated a vast experience in the Fine Chemcials...

Wednesday, 10 January 2018 - Vynova Group has expanded the product portfolio of its Tessenderlo (Belgium) site with potassium carbonate (K2CO3) liquid. The same product is already produced on the site of Potasse et Produits Chimiques SAS (PPC) in Thann (France). Both Vynova and PPC are owned by the International Chemical...

Wednesday, 22 November 2017 - VYNOVA Group confirms that the construction of its new state-of-the-art potassium hydroxide (KOH) membrane electrolysis facility in Tessenderlo (Belgium) remains fully on schedule. The project is on track for completion in the second quarter of 2018. The new membrane facility will replace the...

CordenPharma, a leading Contract Development & Manufacturing Organization (CDMO), has entered into definite agreements to acquire the former Hospira Boulder (Colorado) high containment API site from Pfizer, Inc. The closing of the transaction is anticipated to occur in November 2017. Located in proximity to the existing...

Starting August 1st a new Chemical Service Company within the WeylChem Group of Companies has been formed. With its competencies in Analytics, Contract Research and Piloting as well as Specialized Custom Synthesis and Process development WeylChem InnoTec, a carve-out of Allessa GmbH, will serve customers in the chemical and...

ICIG’s VYNOVA Belgium today announced the closing of a financing package of more than EUR 50 million to fund the KOH conversion at the Tessenderlo site. VYNOVA Belgium successfully closed a financing package for membrane electrolysis conversion at Tessenderlo site in Belgium on advantageous terms. The amount of more than EUR 50...

ICIG’s CordenPharma Group today announced the closing of a syndicated loan of EUR 60 million. CordenPharma Group successfully closed its first syndicated loan on advantageous terms. The amount of EUR 60 million is split into a term loan and revolving credit facility with the option of a further increase. Funds can be used for...

International Chemical Investors Group (ICIG) today announced the completion of its acquisition of Sandoz Industrial Products GmbH, a Frankfurt-Höchst based manufacturer of enzyme-based fermentation products and intermediates for the pharmaceutical industry, from Novartis Group. Sandoz Industrial Products GmbH will be re-named...

International Chemical Investors Group (ICIG) and Novartis Group have entered into an agreement under which ICIG will acquire all of the shares in Sandoz Industrial Products GmbH, a Frankfurt-Höchst based manufacturer of enzyme-based fermentation products and intermediates for the pharmaceutical industry, especially for the use...

VYNOVA Group recently acquired by ICIG from INOVYN, announces the construction of a new membrane electrolysis facility with a nominal annual capacity of up to 100.000 tonnes of Chlorine and 150.000 tonnes of Potassium Hydroxide solution. The facility at VYNOVA’s Tessenderlo site in Belgium will replace the existing mercury...

International Chemical Investors Group (ICIG) today announced the completion of its acquisition of certain chlorvinyls assets being divested by INOVYN, the PVC joint venture between INEOS and Solvay. The newly acquired businesses form a new “Chlorvinyls” platform within ICIG named VYNOVA Group with total sales in excess of Euro...

International Chemical Investors Group (ICIG) recently announced an agreement with INEOS and Solvay to acquire certain chlorovinyls assets being divested by INOVYN / INEOS. This agreement, which has been reviewed in the context of the merger control process of both this transaction and the INOVYN JV, has now received approval of...

INEOS and Solvay have reached an agreement with International Chemical Investors Group (ICIG) to acquire the assets being divested by INEOS. This agreement, which follows extensive discussions with the European Commission in the context of the merger control review of INOVYN, is a key step towards completion of the INOVYN...

International Chemical Investors Group (ICIG) today announced it has completed the acquisition of Clariant´s business unit Detergents & Intermediates (D&I), following the recent closing of the acquisition of Allessa, end of last year. Both acquisitions ideally complement ICIG´s fine chemicals and custom manufacturing...

Clariant, a world leader in specialty chemicals, has signed an agreement to divest its Detergents & Intermediates business to International Chemical Investors Group (ICIG). The total consideration of the sale amounts to CHF 58 million, out of which 20 million will be in cash at closing. The transaction is subject to...

International Chemical Investors Group (ICIG) and Casella GmbH have reached an agreement in principle under which ICIG would acquire all of the shares of Allessa GmbH. Both parties have agreed not to disclose the purchase price. Allessa GmbH is a manufacturer of fine chemicals intermediates and specialty chemicals, headquartered...

International Chemical Investors Group (ICIG) and the Solvay Group have entered into an agreement under which ICIG will acquire Peptisyntha SA, the Brussels, Belgium, based custom manufacturer of peptides for pharmaceutical use. Upon closing of the deal, expected later this fall, Peptisyntha will become a member of ICIG’s...

International Chemical Investors Group, Frankfurt/Main and RÜTGERS Organics, Mannheim, have signed a definitive agreement to acquire the European business of the U.S. wood preservative manufacturer VIANCE. The transaction includes the production site of CSI Wood Protection Ltd. in Barrow-in-Furness, Cumbria (UK) and the sales and...

Membrane-based technology will replace a mercury-based process, enhancing environmental sustainability and increasing competitiveness. PPC, a company of WeylChem Group, the fine chemicals platform of International Chemical Investors Group (ICIG), has secured bank financing from Commerzbank for the conversion of the mercury...

Brussels / Luxembourg – Tessenderlo Group (NYSE Euronext: TESB) announced today that it has the intention to sell its pharmaceutical ingredients activities, Farchemia and Calaire Chimie, to International Chemical Investors Group (ICIG), a private industrial holding company. The sale concerns two production sites in France and...

Boulder, CO – The Roche Group (SIX: RO, ROG; OTCQX: RHHBY) and International Chemical Investors Group (ICIG) announced today that they have entered into an agreement for ICIG to acquire Roche Colorado Corporation, which includes Roche’s pharmaceutical production facility in Boulder, Colorado.  Under the terms of the agreement,...

Luxembourg – International Chemical Investors Group (ICIG) announced that it has entered into a purchase agreement under which an affiliate of ICIG will acquire the pharmaceutical intermediates business from Genzyme Corporation. Under the terms of the agreement, ICIG will purchase substantially all of the pharmaceutical...

The Fine Chemicals Platform of International Chemicals Investors (ICIG), WeylChem Group, offers Custom Manufacturing services as well as Advanced Intermediates & Reagents. WeylChem’s manufacturing sites are located in Germany (Frankfurt & Brunsbüttel), in the US (Elgin), in France (Thann) and  in Italy (Trissino). They...

AstraZeneca Italy, a subsidiary of AstraZeneca PLC, has sold the company's site in Caponago (Milano) to Corden Pharma SpA, belonging to the International Chemical Group, ICIG. The agreement foresees, amongst the terms & conditions, that the site will keep operating as a global supplier for AstraZeneca Group. "We are satisfied...

Plankstadt, 01.02.2008- Der Verkauf des AstraZeneca-Werkes Plankstadt ist abgeschlossen. Ab heute gehört das Werk der International Chemical Investors Group (ICIG), Frankfurt/Main, und heißt ab sofort Corden Pharma GmbH. Als Geschäftsführer bestellt wurden Dr. Wolfgang Hils, Gesamtgeschäftsführer WeylChem GmbH und Geschäftsführer...

Wedel / Plankstadt, 27.11.2007 - The Management of AstraZeneca Deutschland, a subsidiary of AstraZeneca PLC, announced the successful finalisation of sales negotiations for the company's site in Plankstadt (Baden-Württemberg) today. The site will be disposed to the International Chemical Group (ICIG), Frankfurt/Main. ICIG will...

Laboratoires Fournier, a Solvay Pharmaceuticals company, announced today the receipt of a letter of intent from International Chemical Investors France SAS for the acquisition of Synkem SAS, its fine chemicals plant based in Chenôve (France). This projected change of ownership is in line with Solvay Pharmaceuticals’ global...

MUTTENZ, Switzerland, May 8, 2007 – Clariant today announced the sale of its Custom Manufacturing Business to International Chemical Investors Group (ICIG) for an undisclosed transaction value. The sale is the latest step in Clariant’s strategy to focus on its core competencies in colors, surfaces and performance chemicals....

FRANKFURT / PR Newswire-FirstCall, December 22n,2006. International Chemical Investors Group (ICIG) announced today that it has sold 100 percent of the shares of CarboTech Engineering GmbH to Schmack Biogas AG. Terms of the transaction are not disclosed. CarboTech Engineering specialises in technologies and processes for the...

RICHMOND, Virginia - August 31, 2006 - Albemarle Corporation (NYSE: ALB) and International Chemical Investors S.A. (ICIG) have completed the transfer of ownership of Albemarle’s manufacturing facility in Thann, France to ICIG. Under the terms of the agreement, Albemarle has transferred to ICIG 100 percent of the stock of...

RICHMOND, Va., and FRANKFURT, Germany, Aug. 8 /PRNewswire-FirstCall/ -- Albemarle Corporation (NYSE: ALB) and International Chemical Investors Group ("ICIG") announced that they have signed a letter of intent ("LOI") regarding the transfer of Albemarle's facility in Thann, France. Under the terms outlined in the LOI, ICIG will...

Frankfurt/Main, Wuppertal, October 6, 2005 ENKA GmbH & Co. KG, Wuppertal, and International Chemical Investors Group, Frankfurt / Main, announced today that a Share Purchase Agreement, under which International Chemical Investors acquired 100% of the shares of ENKA GmbH & Co KG, ENKA Verwaltungs GmbH and Acordis...

International Chemical Investors, a newly established private investment group based in Frankfurt, Germany, has acquired five fine and specialty chemicals businesses from Germany’s Rütgers. The deal is expected to be completed in August. The businesses, which have combined sales of around $120 million, are the new group’s first...

International Chemical Investors GmbH, Frankfurt/Main, has signed definitive agreements to acquire five separate businesses from RÜTGERS Chemicals AG (Castrop Rauxel) to form a new specialty chemicals group with combined sales of US$ 120 million (2004) and 490 employees. To create this specialty chemicals group, International...