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October 28, 2012
Jindal Poly Films (JPFL; New Delhi), a flexible packaging firm belonging to the BC Jindal Group, on Friday notified the Bombay Stock Exchange that it has entered into an agreement with...
http://www.chemweek.com/people_and_business/m_and_a/ExxonMobil-Chemical-to-sell-BOPP-business-to-Jindal-Poly-Films-more-than-doubling-Jindals-capacity_47311.html
October 26, 2012
DSM says it has reached an agreement with Cargill to acquire Cargill's cultures and enzymes business for a total of €85 million ($110 million) in cash. DSM had announced last...
http://www.chemweek.com/people_and_business/m_and_a/DSM-to-acquire-Cargills-cultures-and-enzymes-business-for-&euro85-million_47277.html
October 24, 2012
PolyOne says it agreed to acquire Spartech, the largest North American producer of rigid barrier packaging and specialty cast acrylics, for $393 million. The deal expands...
http://www.chemweek.com/people_and_business/m_and_a/PolyOne-to-acquire-Spartech-for-$393-million_47188.html
October 23, 2012
Rosneft has announced that it had agreed heads of terms with Alfa Access Renova (AAR) to acquire AAR's 50% interest in TNK-BP for $28 billion in cash. AAR is owned by a group of...
http://www.chemweek.com/people_and_business/m_and_a/Rosneft-to-acquire-the-whole-of-TNK-BP-for-$54-8-billion-in-third-largest-oil-deal-ever-Update_47102.html
October 22, 2012
Agrium said today it will buy back 8.72 million shares, 5.5% of total share’s outstanding, at a price of C$103/share ($104/share). The buyback, which took the form of a...
http://www.chemweek.com/people_and_business/m_and_a/Agrium-buying-back-8-72-million-shares_47110.html
October 22, 2012
Pecora (Harleysville, PA), a manufacturer of architectural weatherproofing products, has acquired Carlisle Coatings and Waterproofing's (CCW; Charlotte, NC) deck coating product line...
http://www.chemweek.com/people_and_business/m_and_a/Pecora-acquires-Carlisle-Coatings-deck-coating-product-line_47111.html
October 18, 2012
Cytec’s third-quarter adjusted earnings from continuing operations rose 68% year-on-year, to $42.8 million, or 91 cts/share. Adjusted earnings easily beat analysts’...
http://www.chemweek.com/people_and_business/m_and_a/Cytec-beats-estimates-raises-guidance_47073.html
October 18, 2012
PPG’s third-quarter net income was up 9% year-on-year (YOY), to $339 million, on strong automotive coatings volumes and price increases. Sales were flat, at $3.85 billion...
http://www.chemweek.com/people_and_business/m_and_a/PPG-earnings-rise-9-percent-on-auto-strength-price-increases_47055.html
October 18, 2012
SGL Group (Wiesbaden, Germany)—a leading producer of carbon-based products, including carbon fibers—says that following the conclusion of the compulsory offer and...
http://www.chemweek.com/people_and_business/m_and_a/SGL-completes-acquisition-of-100-percent-of-Portuguese-firm-Fisipe_47051.html
October 17, 2012
Braskem is considering divesting its distribution unit quantiQ, which it acquired as part of its 2008 acquisition of Ipiranga Petroquímica, executives say. The distribution...
http://www.chemweek.com/people_and_business/m_and_a/Braskem-seeks-buyer-for-distribution-unit-quantiQ_47033.html
October 17, 2012
PPG Industries has acquired Spraylat (Pelham, NY), a privately owned industrial coatings company. The transaction is expected to close in late 2012. Financial terms of the agreement...
http://www.chemweek.com/people_and_business/m_and_a/PPG-acquires-private-industrial-coatings-firm-Spraylat_47029.html
October 17, 2012
Ecolab has agreed to sell its vehicle care division to Zep (Atlanta), a maker of cleaning and sanitizing products, for $120 million. The business, which makes cleaning and maintenance...
http://www.chemweek.com/people_and_business/m_and_a/Ecolab-selling-vehicle-care-business-for-$120-million_47030.html
October 15, 2012
A group of international businessmen led by Theofanis Gerodimos has acquired the activities of chemical distributor Neochimiki (Athens) in Bulgaria, Croatia, Romania, Serbia, and...
http://www.chemweek.com/people_and_business/m_and_a/Distributor-Neochimiki-spins-off-activities-in-five-European-countries_46995.html
October 15, 2012
Competition Commission (London), the UK's competition regulator, has provisionally ruled against AkzoNobel's previously announced acquisition of the shares it does not own in...
http://www.chemweek.com/people_and_business/m_and_a/UK-competition-regulator-provisionally-rules-against-AkzoNobel-coatings-acquisition_46985.html
October 15, 2012
Brenntag says it has signed a preliminary agreement to acquire specialty chemicals distributor Delanta Group (Buenos Aires), for $14.4 million. Delanta—which distributes...
http://www.chemweek.com/people_and_business/m_and_a/Brenntag-to-acquire-South-American-specialties-distributor_46983.html
October 15, 2012
Altivia Chemicals (Houston), a supplier of water treatment chemicals, has acquired Kemira’s (Helsinki) water solutions segment's ferric and ferrous sulfate businesses and...
http://www.chemweek.com/people_and_business/m_and_a/Altivia-acquires-Kemiras-ferric-and-ferrous-sulfate-businesses_46981.html
October 12, 2012
BASF says it is acquiring parts of Ciech’s (Warsaw) toluene diisocyanate (TDI) business. Closing of the agreement is expected in first-quarter 2013 and financial terms of the...
http://www.chemweek.com/people_and_business/m_and_a/BASF-acquires-parts-of-Ciechs-toluene-diisocyanate-business_46956.html
October 12, 2012
Chemical producer and distributor Caldic (Rotterdam) says it has completed the acquisition of food ingredients distributor Nealanders International (Mississauga, ON) from Birch Hill...
http://www.chemweek.com/people_and_business/m_and_a/Distributor-Caldic-buys-Canadian-supplier-of-food-ingredients_46951.html
October 12, 2012
Ecolab has agreed to acquire oilfield chemicals firm Champion Technologies (Houston) for $2.2 billion. The purchase price will be paid through a mix of approximately 75% cash and 25% stock, Ecolab says. Closing is expected by year-end 2012....
http://www.chemweek.com/people_and_business/m_and_a/Ecolab-to-acquire-oilfield-chemicals-firm-Champion-Technologies-for-$2-2-billion_46950.html
October 12, 2012
Dynea Chemicals (Helsinki), a leading global supplier of adhesives and surface solutions, today announced it has agreed to sell its Asian division, Dynea Asia/Pacific, to AICA Kogyo...
http://www.chemweek.com/people_and_business/m_and_a/Dynea-sells-its-AsiaPacific-business-to-Japanese-polymers-group-AICA_46916.html
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