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June 13, 2013
The deadline for bids to acquire debt-ridden vinyls producer Kem One (Lyon, France) is tomorrow. A decision on the bids is expected in early July. Kem One went into receivership on 27...
http://www.chemweek.com/people_and_business/m_and_a/Deadline-for-bids-to-buy-Kem-One-is-imminent_52807.html
June 13, 2013
Two companies remain in the race for the acquisition of Innova (São Paulo), the styrene unit of state-owned Petrobras, based at Triunfo, Brazil, according to Valor...
http://www.chemweek.com/people_and_business/m_and_a/Reports-Elekeiroz-and-Videolar-competing-to-acquire-Petrobrass-styrene-assets_52805.html
June 12, 2013
Air Liquide has signed an agreement to acquire Voltaix (Branchburg, NJ), Air Liquide announced today. The acquisition is expected to close later this summer, pending applicable...
http://www.chemweek.com/people_and_business/m_and_a/Air-Liquide-acquires-advanced-precursors-firm_52782.html
June 12, 2013
Six companies have expressed interest in buying the West Bengal government’s stake in troubled Haldia Petrochemicals Ltd. (HPL; Kolkata), the only major producer of...
http://www.chemweek.com/people_and_business/m_and_a/Six-companies-in-race-to-buy-governments-stake-in-Haldia-Petrochemicals_52749.html
June 10, 2013
Sasol (Johannesburg) in its trading update on Friday said that it had signed a memorandum of understanding with an undisclosed party to sell its share in Arya Sasol Polymer Co. (ASPC)...
http://www.chemweek.com/people_and_business/m_and_a/Sasol-signs-MOU-to-sell-Iranian-asset-outlines-configuration-of-US-petchem-complex_52717.html
June 10, 2013
Asahi Kasei Chemicals has agreed to buy DuPont out of Asahi-DuPont POM (Zhangjiagang) (ADZ), an equally owned joint venture engaged in the production and marketing of polyacetal (POM)...
http://www.chemweek.com/people_and_business/m_and_a/Asahi-Kasei-buys-DuPont-out-of-polyacetal-joint-venture-in-China_52714.html
June 6, 2013
Praxair has acquired Dominion Technology Gases Investment (Aberdeen, UK), a supplier of diving, welding, industrial, laboratory and calibration gases, and related equipment to the...
http://www.chemweek.com/people_and_business/m_and_a/Praxair-acquires-UK-oil-and-gas-equipment-supplier_52364.html
June 6, 2013
BASF has acquired the technology company Deutsche Nanoschicht (Rheinbach, Germany), BASF announced today. The BASF subsidiary and the founder and sole owner of Deutsche Nanoschicht...
http://www.chemweek.com/people_and_business/m_and_a/BASF-acquires-technology-company-Deutsche-Nanoschicht_52591.html
June 6, 2013
China's National Development & Reform Commission said on Wednesday that it has approved the acquisition by SK Group (Seoul) of a 35% stake in a $2.7-billion petrochemicals complex...
http://www.chemweek.com/people_and_business/m_and_a/SK-takes-35-percent-stake-in-Wuhan-petrochemicals-jv-with-Sinopec_52601.html
June 4, 2013
Sahara Petrochemicals Co. (Riyadh) and Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia), two major petrochemical companies listed on the Saudi Stock Exchange...
http://www.chemweek.com/people_and_business/m_and_a/Sahara-Petrochemical-and-Sipchem-plan-merger_52556.html
June 4, 2013
Foster Wheeler announced today that it has acquired NorthAm Engineering (Monterrey, Mexico), a privately held engineering company. NorthAm is a Mexican engineering and project...
http://www.chemweek.com/people_and_business/m_and_a/Foster-Wheeler-acquires-Mexico-engineering-company_52544.html
June 4, 2013
Valspar has announced that it plans to acquire Inver Holding (Bologna, Italy), a maker of liquid and powder coatings and resins for off-road equipment, windows, railways and trams, for...
http://www.chemweek.com/people_and_business/m_and_a/Valspar-to-acquire-industrial-coatings-business-in-Europe_52546.html
June 3, 2013
CBC Holding Corp. (CBCHC), a joint venture between China BlueChemical (Dongfang) and Benewood Holdings (Hong Kong), has agreed to make an investment of C$31.9 million ($30.9 million)...
http://www.chemweek.com/people_and_business/m_and_a/China-JV-buys-stake-in-Canada-potash-company_52513.html
June 3, 2013
KMG Chemicals has completed the acquisition of OM Group’s ultrapure chemicals (UPC) division, a maker of materials for semiconductor and microelectronics manufacturing, for $63.3...
http://www.chemweek.com/people_and_business/m_and_a/KMG-completes-ultrapure-chemicals-acquisition_52515.html
June 3, 2013
Aditya Birla Chemicals (ABC; Mumbai), a subsidiary of Aditya Birla Group, has approved the acquisition of the chlor-alkali and phosphoric acid division of Solaris ChemTech Industries...
http://www.chemweek.com/people_and_business/m_and_a/Indias-Aditya-Birla-Chemicals-to-acquire-Solaris-ChemTechs-chlor-alkali-assets_52503.html
May 31, 2013
Preliminary bids for the privatization of Oltchim (Râmnicu Vâlcea, Romania) are to be published on 4 June, Varujan Vosganian, Romania's minister of the economy, said at a...
http://www.chemweek.com/people_and_business/m_and_a/Reports-Preliminary-bids-for-Oltchim-privatization-to-be-published-4-June_52473.html
May 31, 2013
Ciech (Warsaw) is continuing its restructuring and is seeking a buyer for Ciech Pianki (Bydgoszcz, Poland), its polyurethane (PU) foam business, as it tries to focus on its soda ash...
http://www.chemweek.com/people_and_business/m_and_a/Reports-Ciechs-PU-foam-unit-attracts-interest-from-Chinese-buyer_52478.html
May 31, 2013
PolyOne says it has completed the previously announced sale of its vinyl dispersion, blending, and suspension resin assets to Mexichem (Tlalnepantla, Mexico), for $250 million in cash...
http://www.chemweek.com/people_and_business/m_and_a/Mexichem-completes-acquisition-of-PolyOnes-vinyls-resin-assets_52451.html
May 30, 2013
Sibur (Moscow), Russia’s largest producer of biaxially oriented polypropylene (BOPP) film is expanding capacity by more than 60%. Sibur’s Biaxplen BOPP manufacturing...
http://www.chemweek.com/people_and_business/m_and_a/Sibur-hikes-BOPP-capacity-receives-clearance-for-Krasnoyarsk-JV-with-Sinopec_52384.html
May 29, 2013
A. Schulman has reached an agreement to acquire Network Polymers (Akron, OH), an engineered plastics compounding and distribution business, for approximately $50 million—subject...
http://www.chemweek.com/people_and_business/m_and_a/Schulman-to-acquire-Ohio-based-thermoplastic-resin-producer_52342.html
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