Archives :: Chem Ideas :: Rob Westervelt
Displaying 21 - 29 of 29 stories.
July 19, 2011Discussions initiated by Arch Chemicals regarding the potential acquisition of Lonza’s biocides business led instead to Lonza’s proposed $1.4-billion takeover of Arch. Details of how the transaction developed were included in a tender offer filing by Lonza with U.S. securities regulators....
June 28, 2010Recovery has the chemical sector quickly shedding inhibitions about M&A. BASF has sealed a deal to acquire Cognis for €3.1 billion ($3.8 billion). And Akzo Nobel reached an...
May 28, 2010Monsanto’s decision to revamp commercial strategy for Roundup puts one of industry’s finest cash cows out to pasture. Roundup-branded glyphosate, commercialized by Monsanto in 1976, is one of the few blockbuster molecules developed by industry since the early 1970s....
January 14, 2010Traffic was down sharply--U.S. chemical carloads were at their lowest level since 1993--but patterns weren't all that unusual last year.
July 31, 2009Business Week's current issue polls U.S. CEOs, including ACC chief Cal Dooley, on President Obama's performance....
June 12, 2009The ongoing impact of the global economic slowdown and a more aggressive policy agenda topped discussions at ACC’s annual meeting, held this week at Colorado Springs, CO. Dramatic changes since last year’s meeting, including the rapid onset of global recession and the 2008 elections in the U.S. have created intense market and regulatory challenges for chemical makers....
February 17, 2009DuPont has dumped BASF, Dow Chemical, and PPG Industries from its peer group, according to its 2008 10-K report filed yesterday (just two days before Valentine’s Day in the U.S.). DuPont’s self-selected peer group, according to the report, has been revamped to include “more research-intensive companies with a scientific focus, versus commodity-based chemical companies.” Ouch!...
January 26, 2009U.S. antitrust clearance, announced Friday, was the final condition needed before Dow Chemical is obligated to close its $18.8-billion acquisition of Rohm and Haas. Dow has two business days to close, according to terms of the agreement....
January 15, 2009The current issue of Business Week highlights a book excerpt from Ram Charan describing how former DuPont CEO Charles Holliday activated the company's crisis management plan once the business impact of the spreading financial meltdown became clear in early October....