IHS Chemical Week

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November 12, 2013
Unipetrol (Prague) says it has signed a share purchase agreement with Shell Overseas Investments to acquire Shell’s 16.335% stake in Česká Rafinérská for...
http://www.chemweek.com/people_and_business/m_and_a/Unipetrol-buys-Shell-out-of-Czech-refineries-securing-supply-of-petchem-feedstocks_56634.html
November 11, 2013
Pharmaceuticals major Novartis (Basel) today announced a definitive agreement to divest its blood transfusion diagnostics unit, headquartered in Emeryville, CA, to Grifols (Barcelona)...
http://www.chemweek.com/people_and_business/m_and_a/Novartis-to-divest-blood-transfusion-diagnostics-unit-to-Grifols-may-sell-animal-health-and-OTC-units_56610.html
November 7, 2013
Oilfield chemicals and services firm Flotek Industries (Houston) is planning to launch a joint venture in Oman with Tasneea Oil and Gas Technologies, a subsidiary of Gulf Energy...
http://www.chemweek.com/people_and_business/m_and_a/Flotek-to-launch-Oman-JV-with-Gulf-Energy-subsidiary_56552.html
November 6, 2013
Petronas Chemicals Group (PCG; Kuala Lumpur) announced today that it has entered into an agreement to divest its interest in Phu My Plastics and Chemical (PMPC) to Asahi Glass and...
http://www.chemweek.com/people_and_business/m_and_a/Petronas-to-sell-Vietnam-PVC-asset-to-Asahi-Glass-and-Mitsubishi-Corp-_56477.html
November 5, 2013
Ashland today reported fiscal fourth-quarter net income from continuing operations of $404 million, or $5.13/share, compared with a $272-million net loss in the year-ago quarter...
http://www.chemweek.com/people_and_business/m_and_a/Ashland-beats-estimates-despite-lower-sales-confirms-water-treatment-sale_56453.html
November 5, 2013
Monsanto today announced a $1-billion public debt offering, with $400 million in 3-year bonds, $300 million in 5-year bonds, and $300 million in 30-year bonds. The company intends to...
http://www.chemweek.com/people_and_business/m_and_a/Monsanto-announces-$1-billion-debt-issue-closes-Climate-Corp-deal_56450.html
November 5, 2013
Plant engineering and construction group ThyssenKrupp Industrial Solutions announced today that it has agreed with De Nora (Milan), an electrochemical technologies supplier, to form a...
http://www.chemweek.com/people_and_business/m_and_a/ThyssenKrupp-and-De-Nora-form-chlor-alkali-engineering-joint-venture_56447.html
November 4, 2013
Innospec announced today it has acquired oilfield chemicals firm Bachman Services (Oklahoma City, OK) for an undisclosed sum. Bachman has annual revenues of about $80 million, Innospec...
http://www.chemweek.com/people_and_business/m_and_a/Innospec-acquires-oilfield-chemicals-firm_56435.html
November 4, 2013
Airgas announced today that it has completed the previously announced acquisition of the assets and operations of the Encompass Gas Group (Rockford, IL), a supplier of industrial...
http://www.chemweek.com/people_and_business/m_and_a/Airgas-completes-acquisition-of-the-Encompass-Group_56401.html
November 1, 2013
Chevron Phillips Chemical (CPChem) has finalized the sale of Chevron Phillips Chemical (China), which owns a polystyrene plant located in Zhangjiagang, China, to Grand Astor Limited....
http://www.chemweek.com/people_and_business/m_and_a/CPChem-completes-sale-of-China-polystyrene-plant_56363.html
November 1, 2013
Kemira and Wilmar International announced today that they have signed a joint venture agreement to manufacture alkylketene dimer (AKD) wax in China. The jv entities in China will be...
http://www.chemweek.com/people_and_business/m_and_a/Kemira-and-Wilmar-to-form-alkyl-ketene-dimer-wax-JV-in-China_56381.html
October 31, 2013
Ferro says it is selling its precious metals powders and flakes product lines in North America and Asia to Ames Goldsmith (South Glens Falls, NY), a precious metals products maker, for...
http://www.chemweek.com/people_and_business/m_and_a/Ferro-sells-precious-metals-product-line_56370.html
October 31, 2013
Solvay says it has closed the $1.35-billion acquisition,  first announced earlier this month, of oilfield chemicals and services firm ChemLogics (Paso Robles, CA). Chemlogics...
http://www.chemweek.com/people_and_business/m_and_a/Solvay-closes-ChemLogics-acquisition_56361.html
October 31, 2013
BASF says it has completed the previously announced tender offer for all outstanding shares of enzyme producer Verenium (San Diego) for $4.00/share. The offer, first announced 20...
http://www.chemweek.com/people_and_business/m_and_a/BASF-completes-tender-offer-for-Verenium_56350.html
October 30, 2013
DuPont’s July 2013 announcement that it would explore strategic options for its $7-billion/year performance chemicals business unit, as part of its transformation to a “higher growth, less cyclical company,” is a bold, but necessary, strategic move by company leadership, according to new analysis by IHS Chemical. DuPont announced last week that it would spin off the company within 18 months. The move, IHS says, allows DuPont to refocus its resources on core businesses in agriculture and nutrition, as well as biobased and advanced materials, where DuPont has a carved a scientific niche, and businesses that offer both higher margin potential and a more consistent revenue stream....
http://www.chemweek.com/people_and_business/m_and_a/IHS-Chemical-DuPont-spinoff-represents-next-step-in-its-strategic-transformation-into-a-more-stable-growth-company_56331.html
October 30, 2013
Mexico’s federal competition commission has denied Sherwin-Williams’ (SW) appeal of its ruling blocking the acquisition of Comex, the company says. Comex, which recorded...
http://www.chemweek.com/people_and_business/m_and_a/Mexicos-antitrust-authority-denies-Sherwin-Williams-acquisition-appeal_56317.html
October 30, 2013
Sunil Kumar, former president and CEO of International Specialty Products (ISP), has teamed up with his daughter, Monica Kumar, to acquire Nylon Corp. of America (Nycoa; Manchester, NH). Terms of the deal were not released....
http://www.chemweek.com/people_and_business/m_and_a/Sunil-Kumar-acquires-second-plastics-firm-Nycoa_56286.html
October 28, 2013
CF Industries (Deerfield, IL) announced today that it is selling its phosphates mining and manufacturing business to Mosaic for $1.4 billion in cash—which includes $200 million...
http://www.chemweek.com/people_and_business/m_and_a/Mosaic-acquires-CF-Industries-phosphates-business-for-$1-4-billion_56246.html
October 25, 2013
Grupa Azoty (Tarnów, Poland) is interested in buying Anwil's (Włocławek, Poland) fertilizer assets, according to local financial paper Puls Biznesu. Talks are being held...
http://www.chemweek.com/people_and_business/m_and_a/Reports-Grupa-Azoty-mulling-fertilizer-acquisitions_56148.html
October 23, 2013
Novozymes has acquired Allopartis Biotechnologies (San Francisco) from CalCEF Clean Energy Angel Fund I (San Francisco) for an undisclosed sum. Allopartis, founded in 2008...
http://www.chemweek.com/people_and_business/m_and_a/Novozymes-acquires-Allopartis-Biotechnologies_55883.html
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