Bakelite Synthetics Completes GP Chemicals Purchase
Bakelite Synthetics has completed the previously announced acquisition of Georgia-Pacific’s chemicals business (Georgia-Pacific Chemicals). With this acquisition, and after more than 100 years of development through legacy companies as a global phenolics leader, Bakelite Synthetics adds to its strong portfolio of products, brand and customers, as well as building on its growth strategy of delivering innovative solutions to customers in a sustainable manner.
Georgia-Pacific Chemicals brings with it complementary resin and formaldehyde technology and end markets in the building materials, transportation, industrial, chemical intermediate and specialty resins space. This acquisition includes 11 chemical facilities employing approximately 600 in the U.S. and South America.
The company’s new headquarters will be based in Atlanta, Ga., and the combined company will consist of 1,500 associates and 21 manufacturing sites operating in 10 countries.
Latest News
Raute Restructures, Announces Personnel Changes
To better address its operational and strategic development plans, Raute is changing its organizational structure, which will strengthen Raute’s ability to service customers and streamlines internal operations. The change will also be reflected in the…
Roseburg Orders Super-Long Dryer
Roseburg Forest Products has ordered a veneer dryer for its plant in Coquille, Ore. from Westmill. At 204 ft. length, the dryer will be the longest veneer dryer in North America, according to the participants. The 6-deck, steam-heated jet dryer is designed to dry the heaviest moisture Douglas fir, hemlock and spruce…
The Business At Hand
Article by Rich Donnell, Editor-In-Chief, Panel World January 2023 – Some forecasts coming out of APA—The Engineered Wood Association annual meeting in October painted a rather bleak economics picture for 2023. It was no surprise, given the already downward trending in housing…
Boise Cascade Announces New SC Distribution Facility
Boise Cascade has announced plans to expand its South Carolina operations with a new facility in Walterboro, with a $9 million investment that will create 30 new jobs. This new facility marks Boise Cascade’s first distribution location and second facility…
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!