Kronospan has completed the acquisition of Hexion's chemical plant in La Grande, Oregon, enhancing its North American manufacturing capabilities and reinforcing its commitment to sustainable practices.

Information on the Target

Kronospan is pleased to announce the successful acquisition of Hexion’s chemical manufacturing facility located in La Grande, Oregon. This plant, previously operated by Hexion, has now been integrated into Kronospan's expanding network of production sites in North America. The acquisition signifies a pivotal moment in Kronospan's strategy to bolster its manufacturing capabilities and enhance the supply chain efficiency across the region.

The La Grande facility is expected to play a critical role in reinforcing Kronospan’s commitment to producing high-quality products tailored to meet the evolving needs of its customers. This move also facilitates the integration of a seasoned workforce into Kronospan, further augmenting the company’s operational capabilities.

Industry Overview in the Target’s Specific Country

The chemical industry in the United States is a dominant sector characterized by innovation and a diverse range of products, which includes the production of polymers, agrochemicals, and industrial chemicals. The in