Shearman And Sterling

News February 16, 2021

LANXESS to Acquire Emerald Kalama Chemical

Shearman & Sterling is advising specialty chemicals company LANXESS on its $1.075 billion acquisition of Emerald Kalama Chemical from American Securities.

LANXESS, a leading specialty chemicals company, currently employs approximately 14,400 employees in 33 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics.

Based in Kalama, Washington, Emerald Kalama is a leading global manufacturer of specialty materials with a focus on flavor and fragrance ingredients, non-phthalate plasticizers, antimicrobials, synthesis intermediates, and rubber additives.

The Team