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Evonik and ICIG complete sale of superabsorbents business

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...

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Vynova releases its 2022 Sustainability Report

24 October 2023 Vynova has published its annual sustainability report, covering the progress the company has made in the area of sustainability in 2022. The Vynova Sustainability Report focuses on the most significant sustainability indicators related to the company’s activities, as well as on its efforts towards realizing the Vynova...

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HCS Group announces completion of acquisition by ICIG

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...

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Evonik hands over Lülsdorf site to ICIG

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...

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HCS Group to become part of ICIG

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...

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Vynova publishes 2021 Sustainability Report

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...

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Investindustrial exits Benvic, a developer and producer of thermoplastic solutions, to International Chemical Investors Group

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...

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ICIG Business Services certified according to ISO 27001

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...

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Vynova launches world’s first low-carbon potassium derivatives portfolio

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...

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CordenPharma to Acquire three OSD Manufacturing Sites from Vifor Pharma

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...

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Vynova achieves EcoVadis Gold Rating for its sustainability efforts

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...

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Vynova to build new potassium carbonate manufacturing plant in Tessenderlo

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...

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New production facility for aromatic ring chlorination in Frankfurt-Höchst

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...

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Vynova pioneers production of circular-attributed PVC

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...

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Vynova wins prestigious PVC producer award for third year in a row

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...

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Vynova Group celebrates fifth anniversary

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...

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Vynova expands its Tessenderlo potassium derivatives portfolio

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...

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CordenPharma Group has arranged a syndicated loan of EUR 60 million

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...

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VYNOVA announces KOH conversion at Tessenderlo site

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...

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International Chemical Investors Group to acquire Allessa from Cassella

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...

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WeylChem launches WeylChem International

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...

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Albemarle Divests Thann Facility to International Chemical Investors

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...

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International Chemical Investors Group is new owner of ENKA

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...

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PE Firm Buys Rütgers Units (Chemical Market Reporter)

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...

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