Industry Update: Commodity Chemicals

Industry Highlights

  • On June 2, 2022 GMS Inc., a leading North American specialty building products distributor, acquired Construction Supply of Southwest Florida, Inc., and announced the recent opening of four new greenfield locations and five new AMES stores since the Company’s last update. Construction Supply of Southwest Florida, Inc., which is based in Sarasota, FL, is a leading distributer of various stucco, building, and waterproofing supplies serving the Sarasota, Bradenton, Venice and North Port local markets with broader outreach to the Tampa and Ft. Myers markets.
  • On May 26, 2022 EV Metals Group (EVM), a global battery chemicals and technology company, bought Johnson Matthey’s Battery Materials business for £50mn. Through its ‘resource to OEM’ model, the transaction enables EVM to supply high purity chemicals and Cathode Active Materials (CAM) to the fast growing electric battery market.

Past Industry Updates

Commodity Chemicals: April 2022

Commodity Chemicals: February 2021

Commodity Chemicals: October 2020

Commodity Chemicals: July 2020

Commodity Chemicals: October 2019

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