Bakelite News

Georgia Pacific's Phenolics Chemicals

As part of our continuing growth strategy, we are excited to announce that Bakelite Synthetics has agreed to purchase Georgia Pacific's Phenolics Chemicals business in the Americas. Once the sale is complete, the business will become part of Bakelite Synthetics.

Bakelite Synthetics has a strong portfolio of products, brand and customers that we continually seek to profitably maintain and grow. The transaction will provide complimentary resin and formaldehyde technology and end markets which will improve Bakelite's market valuation position. The transaction includes 11 chemical facilities employing approximately 600 people in the US and South America.

The sale will be subject to government approval. While it's not known exactly when the transaction will close, we anticipate the sale process will be completed within in the next six months.

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Michael Stahl

Your contact for general requests.

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Gaye Haas, Emma Leto

Your contact for Phenolic and Amino Resins.

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Steve Crain, Ramesh Pisipati, Ken Aulia Irawadi

Your contact for Aromatic Polyols.

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Rene Hackler

Your contact for Molding Compounds.

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Jan Prins

Your contact for Formaldehyde.

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