Global adhesives specialist Hexion Inc has announced the acquisition of Smartech, a leading Israeli-based developer of AI-driven autonomous manufacturing solutions.
The strategic acquisition, Hexion’s first in a decade, marks a step in the company’s efforts to revolutionize the manufacturing ecosystem, harnessing cutting-edge AI and machine learning technology to drive unprecedented gains in production efficiency, cost, sustainability, and product quality—in the wood processing industry and beyond.
“This a defining moment for Hexion as we integrate Smartech’s world-class artificial intelligence and automated manufacturing capabilities with our unmatched expertise in resins and wood processing,” said Michael Lefenfeld, President and CEO of Hexion.
“As global manufacturing industries continue to grapple with rising raw material costs, supply chain pressures, and environmental changes, Hexion’s investment in AI-driven innovation positions us at the forefront of smart manufacturing. With this technology, Hexion and Smartech will help customers optimize production, reduce waste and deliver superior quality, all while spurring sustainable growth.
“Our partnership with Hexion will further amplify the reach and impact of Smartech’s AI technologies across the globe, bringing immediate value to manufacturers who must balance the challenges of cost control, plant modernization, and environmental responsibility,” added Hanoch Magid, CEO of Smartech.
Smartech’s award-winning AI and autonomous manufacturing technologies combine artificial intelligence, advanced control systems, and process optimization algorithms. The engineered systems, including SmartWAX, SmartPF, and SmartMDI, integrate with Hexion’s product portfolio, strengthening the company’s leadership in the adhesives, construction, and building materials sectors.
The financial terms of the Smartech acquisition were not disclosed. Smartech will continue to operate as an independent business entity servicing its customers as it does currently.
