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July 23, 2012
Topping the headlines last week, PPG is merging its commodity chemicals business with Georgia Gulf in a deal worth $2.1 billion. The deal will spin off PPG’s commodities business...
http://www.chemweek.com/people_and_business/m_and_a/Chemical-Finance-Digest-July-23_45131.html
July 20, 2012
This Week on CW: PPG is planning to merge its commodity chemicals business with Georgia Gulf, in a deal worth $2.1 billion. The deal involves $900 million in cash to be paid to PPG...
http://www.chemweek.com/people_and_business/m_and_a/Chemical-Industry-Weekly-News-Round-Up-July-20_45104.html
July 20, 2012
Brenntag says it has on July 16, completed the previously announced acquisition of ISM/Salkat Group (Highett, Australia), a leading distributor of specialty chemicals in Australia and...
http://www.chemweek.com/people_and_business/m_and_a/Brenntag-Completes-Acquisition-of-Specialties-Distributor-in-Australia-and-New-Zealand_45048.html
July 20, 2012
Air Liquide says it has agreed to acquire Gasmedi (Madrid), the third-biggest player in Spain's home health-care sector. "Once completed, this transaction would enable Air Liquide...
http://www.chemweek.com/people_and_business/m_and_a/Air-Liquide-to-Buy-Home-Health-Care-Firm-in-Spain_45032.html
July 19, 2012
M&A activity in the chemical industry “has been proceeding at a more measured pace this year” compared to last, according to Fitch Ratings (New York). However, average...
http://www.chemweek.com/people_and_business/m_and_a/Fitch-Ratings-Chemicals-M-and-A-Slowing-Multiples-Up_44869.html
July 19, 2012
United Phosphorus (Mumbai) says it has acquired Agrichem (Oosterhout, Netherlands) from SD Agchem Europe, a unit of Punjab Chemicals & Crop Protection (Mumbai), for an undisclosed...
http://www.chemweek.com/people_and_business/m_and_a/United-Phosphorus-Acquires-Dutch-Crop-Protection-Producer-Agrichem_44924.html
July 19, 2012
PPG Industries and Georgia Gulf Corp. announced today that the board of each company has approved definitive agreements under which PPG will separate its commodity chemicals business...
http://www.chemweek.com/people_and_business/m_and_a/PPG-to-Merge-Commodity-Chemicals-with-Georgia-Gulf-in-$2-1-Billion-Deal_44997.html
July 19, 2012
BP says it is entering the next stage in the process to sell its 50% share in TNK-BP (Moscow), following a decision by Alfa Access-Renova (AAR; Moscow), BP’s partner, to exercise...
http://www.chemweek.com/people_and_business/m_and_a/BP-Enters-Talks-with-its-Partners-to-sell-Stake-in-TNK-BP_44995.html
July 19, 2012
DSM says it has completed the previously announced acquisition of Ocean Nutrition Canada (Dartmouth, NS), the leading global provider of fish-oil derived nutritional products to the...
http://www.chemweek.com/people_and_business/m_and_a/DSM-Completes-Acquisition-of-Ocean-Nutrition-Canada_44990.html
July 18, 2012
BASF says that several moves made by the company during the last few months have strengthened its position as a global supplier of electrolytes for lithium-ion batteries. BASF...
http://www.chemweek.com/people_and_business/m_and_a/BASF-Sets-Goal-to-Become-Leading-Supplier-for-Lithium-Ion-Batteries_44929.html
July 18, 2012
Acron (Velikiy Novgorod, Russia) said on Tuesday that it will buy all of the shares that investors agreed to sell in Poland’s leading chemicals' producer, Azoty Tarnów, in...
http://www.chemweek.com/people_and_business/m_and_a/Acron-Concedes-Defeat-Will-Become-Minority-Shareholder-in-Tarnow_44959.html
July 17, 2012
The European Commission has cleared the proposed acquisition of Umeco (Leamington Spa, U.K.), a producer of advanced composites, by Cytec Industries. The commission found that the...
http://www.chemweek.com/people_and_business/m_and_a/EU-Commission-Clears-Cytecs-Acquisition-of-Umeco_44927.html
July 16, 2012
Arkema’s Coatex subsidiary is buying an additives and emulsions production site at Araçariguama, near São Paulo, Brazil, from Resicryl (São Paulo). The...
http://www.chemweek.com/people_and_business/m_and_a/Arkema-to-Buy-Production-Site-in-Brazil_44895.html
July 13, 2012
This Week on CW:   ACC’s mid-year industry outlook forecasts slow economic and chemicals output growth.   DuPont says the TiO2 market should be strong through the...
http://www.chemweek.com/people_and_business/m_and_a/Chemical-Industry-Weekly-News-Round-Up-July-13_44892.html
July 13, 2012
­­­­­­­Owner Resource Group (ORG; Austin, TX) announced it has acquired a majority interest in specialty chemical company KMCO (Crosby, TX), including its...
http://www.chemweek.com/people_and_business/m_and_a/Owner-Resource-Group-Acquires-Majority-Stake-in-KMCO-Specialty-Chemicals_44867.html
July 13, 2012
Sojitz Corp. (Tokyo) is acquiring a 49% stake in CPC Mineria (Mexico City), a holder of barite exploration rights in Mexico, from privately owned Chemical Products Corporation (CPC...
http://www.chemweek.com/people_and_business/m_and_a/Sojitz-Acquires-Stake-in-Mexican-Barite-Producer-Diversifies-Sources-of-Supply_44874.html
July 13, 2012
The Polish government is considering merging the country’s leading chemicals producer Zaklady Azotowe Tarnów (Tarnów, Poland), currently the target of a takeover...
http://www.chemweek.com/people_and_business/m_and_a/Polish-Government-Seeks-to-Merge-Tarnow-with-Pulawy-as-Acron-Raises-Offer-for-Tarnow_44873.html
July 11, 2012
Bostik, Total’s adhesives and sealants subsidiary, has acquired Usina Fortaleza (São Roque, Brazil), a Brazilian tiling adhesives maker. Usina Fortaleza’s products...
http://www.chemweek.com/people_and_business/m_and_a/Total-Subsidiary-Acquires-Brazilian-Tile-Adhesives-Firm_44828.html
July 11, 2012
Arkema has confirmed previous reports that it will sell its tin stabilizer business. The company is divesting the operation to PMC Group (Mount Laurel, NJ), a producer of performance...
http://www.chemweek.com/people_and_business/m_and_a/Arkema-Sells-Tin-Stabilizer-Business-to-PMC_44814.html
July 10, 2012
SGL Group (Wiesbaden, Germany)—a leading producer of carbon-based products, including carbon fibers—says it has completed the acquisition of an additional 10.8% stake in...
http://www.chemweek.com/people_and_business/m_and_a/SGL-Group-Acquires-an-Additional-10-8-percent-Stake-in-Portuguese-Firm-Fisipe_44790.html
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