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July 18, 2013
Sherwin-Williams (SW) says that Mexico’s competition commission has voted three to two against authorizing the company’s $2.34-billion acquisition of Comex, which was...
http://www.chemweek.com/people_and_business/m_and_a/Mexican-authorities-oppose-Sherwin-Williams-acquisition_53743.html
July 18, 2013
BASF says it has signed a contract with Rockwool Group (Hedehusene, Denmark) to sell BASF Wall Systems. The transaction comprises the German wall systems subsidiary including the...
http://www.chemweek.com/people_and_business/m_and_a/BASF-to-sell-insulation-business-to-Rockwool-Group_53738.html
July 18, 2013
Punjab Chemicals & Crop Protection (Mumbai) says its board of directors today approved the proposed sale of its agro formulation division to Coromandel Agrico Private. The division...
http://www.chemweek.com/people_and_business/m_and_a/Punjab-Chemicals-to-sell-agro-formulation-and-industrial-chemicals-units_53736.html
July 18, 2013
PhosAgro (Moscow) has completed the consolidation of the core assets of Metachem (Volkhov, Russia), which include production of phosphoric and sulphuric acids, potassium sulphate, and...
http://www.chemweek.com/people_and_business/m_and_a/PhosAgro-completes-consolidation-of-Metachem-assets_53726.html
July 16, 2013
Michelman (Cincinnati) has acquired Ecronova Polymer (Recklinghausen, Germany), a manufacturer of water-based polymers used in the production of paints and lacquers. Financial terms...
http://www.chemweek.com/people_and_business/m_and_a/Michelman-acquires-water-based-polymer-firm-in-Germany_53673.html
July 15, 2013
Flint Hills Resources (Wichita, KS) has agreed to acquire Platinum Ethanol's Arthur, IA, bioethanol plant. The purchase price is not being disclosed. The transaction is...
http://www.chemweek.com/people_and_business/m_and_a/Flint-Hills-acquires-110-million-galyear-bioethanol-plant-in-Iowa_53640.html
July 15, 2013
Cytec announced today that it has sold its industrial materials distribution product line to Cathay Investments (West Sussex, UK) for £5.5 million ($8.6 million). The business...
http://www.chemweek.com/people_and_business/m_and_a/Cytec-sells-distribution-product-line-reorganizes-production-facilities_53646.html
July 15, 2013
Shasun Pharmaceuticals (Chennai, India) and SeQuent Scientific (Bangalore, India) have signed a letter of intent (LOI) to form a joint venture to develop, manufacture, and sell...
http://www.chemweek.com/people_and_business/m_and_a/Shasun-and-SeQuent-to-form-leading-animal-health-joint-venture_53623.html
July 15, 2013
Medicago (Quebec City, PQ), a biopharmaceutical company focused on developing vaccines based on proprietary manufacturing technologies, announced on Friday that it has entered into a...
http://www.chemweek.com/people_and_business/m_and_a/Mitsubishi-Tanabe-Pharma-to-acquire-Canadian-biopharma-company-Medicago_53630.html
July 10, 2013
OCI Resources, a newly launched affiliate of soda ash producer OCI Wyoming, on Monday filed with the SEC to raise up to $115 million in an initial public offering. OCI Wyoming is a...
http://www.chemweek.com/people_and_business/m_and_a/Soda-ash-producer-OCI-Resources-files-for-an-IPO_53462.html
July 9, 2013
Agrochemical firm Nufarm (Melbourne) says that its wholly owned seed and traits subsidiary, Nuseed, has acquired HSR Seeds’ (Wondai, Australia) sorghum assets in Australia...
http://www.chemweek.com/people_and_business/m_and_a/Nufarm-acquires-sorghum-hybrid-assets-of-HSR-Seeds-in-Australia_53450.html
July 8, 2013
Huntsman Corp. says that it has signed a definitive agreement to acquire the business of Oxid (Houston), a privately-held manufacturer and marketer of specialty urethane polyols...
http://www.chemweek.com/people_and_business/m_and_a/Huntsman-to-acquire-US-polyols-manufacturer-Oxid_53445.html
July 8, 2013
Evonik Industries has completed a previously announced merger of its real estate interests with THS, a real estate company owned equally by Evonik and IG BCE, the German mining...
http://www.chemweek.com/people_and_business/m_and_a/Evonik-Industries-exits-real-estate-to-concentrate-on-specialty-chemicals_53410.html
July 8, 2013
The official receiver for troubled polyvinyl chloride producer Kem One (Lyon, France) has accepted an eighth letter expressing interest in the acquisition of the company, Kem One...
http://www.chemweek.com/people_and_business/m_and_a/Receiver-accepts-eighth-expression-of-interest-in-Kem-One-bids-to-be-presented-at-court-tomorrow_53426.html
July 8, 2013
Kemira has retained the investment bank SEB (Stockholm) to review strategic options for its ChemSolutions segment, the company announced today. The move is in line with its...
http://www.chemweek.com/people_and_business/m_and_a/Kemira-looking-at-options-for-ChemSolutions-business_53419.html
July 5, 2013
The European Commission says it has opened an in-depth investigation to verify whether the non-payment of social security contributions and other liabilities due to the Slovak state...
http://www.chemweek.com/people_and_business/m_and_a/EU-investigates-state-aid-received-by-NCHZ-during-bankruptcy-in-2009_53409.html
July 5, 2013
Pulcra Chemicals (Geretsried, Germany) says it has acquired BASF's Skintex business. The Skintex range was originally developed by scientists from the Henkel and former Cognis textile...
http://www.chemweek.com/people_and_business/m_and_a/Pulcra-Chemicals-buys-Skintex-from-BASF_53407.html
July 5, 2013
Sibur (Moscow) has announced that its ownership structure has changed with former and current management increasing their stake in the company. Adine Development Inc., which is owned...
http://www.chemweek.com/people_and_business/m_and_a/Sibur-management-raises-stake-in-Sibur-Mikhelsons-and-Timchenkos-share-drops_53394.html
July 4, 2013
Deepak Fertilizers and Petrochemicals Corp. (DFPCL; Pune, India) has acquired a 24.46% stake in Mangalore Chemicals & Fertilizers (Bangalore, India) through its wholly owned...
http://www.chemweek.com/people_and_business/m_and_a/Deepak-Fertilizers-and-Petrochemicals-buys-stake-in-Mangalore-Chemicals-and-Fertilizers_53382.html
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