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March 28, 2013
Perstorp and Johnson Matthey say that Johnson Matthey has acquired Perstorp’s formaldehyde technology and catalyst business, Formox (Perstorp, Sweden), for 1.05 billion Swedish...
http://www.chemweek.com/people_and_business/m_and_a/Johnson-Matthey-acquires-Perstorps-formaldehyde-technology-and-catalyst-business_50783.html
March 27, 2013
The European Commission has launched an in-depth investigation into the planned acquisition by Nynas (Stockholm) of refinery assets at Harburg from Shell Deutschland Oil. The...
http://www.chemweek.com/people_and_business/m_and_a/EU-launches-in-depth-probe-into-acquisition-of-Shell-base-oils-plant-in-Germany_50763.html
March 27, 2013
The European Commission has approved the proposed acquisition of Petrochem Carless (Leatherhead, UK) by Haltermann Holding (Hamburg). The commission says its investigation...
http://www.chemweek.com/people_and_business/m_and_a/European-Commission-approves-Haltermanns-acquisition-of-Petrochem-Carless_50762.html
March 26, 2013
The decision by Ferro’s board to reject A. Schulman’s recent takeover offer without negotiations and pursue its own restructuring plan is being blasted by an increasingly...
http://www.chemweek.com/people_and_business/m_and_a/Ferros-board-faces-shareholder-mutiny_50575.html
March 25, 2013
PolyOne has entered into an agreement to sell its vinyl dispersion, blending, and suspension resin assets to Mexichem (Tlalneplantla, Mexico) for $250 million in cash, PolyOne...
http://www.chemweek.com/people_and_business/m_and_a/PolyOne-to-sell-its-vinyls-assets-to-Mexichem-in-$250-million-cash-deal_50715.html
March 22, 2013
Rockwood said today that it has paid down all of Sachtleben’s outstanding borrowings, totaling $508.9 million. The borrowings include 2 term loans, which interest rates of the...
http://www.chemweek.com/people_and_business/m_and_a/Rockwood-pays-down-all-Sachtleben-debt_50700.html
March 22, 2013
A. Schulman has retained Moelis & Company (New York), an investment bank, to advise on the company’s $6.50/share hostile bid for Ferro. The bid, which totals $855 million...
http://www.chemweek.com/people_and_business/m_and_a/Schulman-retains-investment-bank-to-advise-on-Ferro-offer_50699.html
March 21, 2013
CB&I (The Woodlands, TX) has announced it has entered an agreement with Phillips 66 to acquire Phillips’ E-Gas technology business—a gasification technology that...
http://www.chemweek.com/people_and_business/m_and_a/CB-and-I-acquires-Phillips-66-gasification-technology_50669.html
March 20, 2013
Rockwood is considering a sale of its Sachtleben titanium dioxide (TiO2) joint venture along with its performance additives business, according to a Reuters report. The two businesses...
http://www.chemweek.com/people_and_business/m_and_a/Report-Rockwood-looking-to-sell-Sachtleben-performance-additives_50657.html
March 19, 2013
A legal dispute has erupted between Klesch Group (Geneva), a special situations investor; and Arkema over Kem One (Lyon, France), the former polyvinyl chloride (PVC) business of...
http://www.chemweek.com/people_and_business/m_and_a/Klesch-and-Arkema-at-odds-over-PVC-producer-Kem-One_50302.html
March 19, 2013
Praxair completed its previously announced acquisition of beverage carbonation firm NuCO2 on 1 March for $1.1 billion from Aurora Capital Group (Los Angeles)....
http://www.chemweek.com/people_and_business/m_and_a/Praxair-completes-NuCO2-deal-Venezuela-charge-to-hurt-earnings_50297.html
March 19, 2013
Shareholders of Spartech (Clayton, MO), a custom plastic sheet, rollstock, and packaging solutions company, have approved PolyOne’s $393-million acquisition of the company...
http://www.chemweek.com/people_and_business/m_and_a/PolyOne-to-close-deal_50542.html
March 19, 2013
Bayer CropScience says that it has signed an agreement to acquire the soybean seed company Wehrtec and the soy business of Agricola Wehrmann, which are both headquartered at...
http://www.chemweek.com/people_and_business/m_and_a/Bayer-CropScience-acquires-businesses-in-Brazil_50539.html
March 19, 2013
BASF and Shell have entered into a three-year agreement that will position BASF as a supplier of fluid catalytic cracking (FCC) catalysts to Shell’s global refining network....
http://www.chemweek.com/people_and_business/m_and_a/BASF-signs-FCC-catalysts-agreement-with-Shell_50537.html
March 19, 2013
DSM has acquired SolarExcel (Venray, Netherlands) and the company will be integrated into DSM Advanced Surfaces, part of the DSM Innovation Center, DSM announced today. DSM Advanced...
http://www.chemweek.com/people_and_business/m_and_a/DSM-acquires-light-trapping-technology-firm_50623.html
March 19, 2013
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have initialled joint venture agreements for the design, build, and future operation of a previously announced...
http://www.chemweek.com/people_and_business/m_and_a/Ineos-Sinopec-proceed-with-phenol-acetone-investment_50536.html
March 19, 2013
BASF says it has completed its acquisition of parts of Ciech’s (Warsaw) toluene diisocyanate (TDI) business. The TDI production facility of Ciech’s subsidiary Zachem...
http://www.chemweek.com/people_and_business/m_and_a/BASF-Ciech-acquisition_50531.html
March 19, 2013
Oltchim (Râmnicu Vâlcea, Romania) could be split in two to pay down debt and help attract investor interest before a majority stake is sold to an investor to meet...
http://www.chemweek.com/people_and_business/m_and_a/Oltchim-could-be-split_50530.html
March 19, 2013
Xinjiang Markor Chemical Industry Co. (Markor; Korla, China) plan to establish two joint ventures for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF) at Korla, Xinjiang Uygur Region, in northwest China. The companies have signed the jv agreements and are waiting for regulatory approvals...
http://www.chemweek.com/people_and_business/m_and_a/BASF-and-Markor-link-in-BDO-and-PolyTHF-projects-in-China_50460.html
March 19, 2013
Ube Industries (Tokyo), Mitsubishi Corp. (Tokyo), Lotte Chemical (Seoul), and Lotte Chemical’s wholly owned Lotte Chemical Titan (Kuala Lumpur) subsidiary have established a...
http://www.chemweek.com/people_and_business/m_and_a/Ube-Lotte-Chemical-and-Mitsubishi-form-joint-venture_50525.html
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