Issue Date: April 11, 2011
Clariant has acquired Prairie Petro-Chem, a Saskatchewan-based oil services company with sales of about $30 million last year. Prairie serves some 7,000 oil-field sites across Canada with maintenance chemicals.
Nexeo Solutions is the new name for the former Ashland chemical distribution business. Ashland sold the business, which has $3.4 billion in annual sales, to private equity firm TPG Capital Partners for $979 million. Nexeo is the third-largest global chemical . . .
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