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April 15, 2013
PPG has acquired Deft (Irvine, CA), a maker of aerospace coatings, including structural primers and military topcoats, the company says. Financial details of the deal, including...
http://www.chemweek.com/people_and_business/m_and_a/PPG-acquires-maker-of-aerospace-coatings_51123.html
April 15, 2013
Ferro sold its pharmaceuticals business, increased its earnings guidance, and issued a letter to shareholders, while A. Schulman fell short of estimates and amended CEO Joseph Gingo’s contract to extend it in the event of a “transformational acquisition” as the companies hunkered down for the next stage in Schulman’s $855-million hostile bid for Ferro. Gingo’s revised contract provides for a two-year extension, and Schulman specifically mentioned Ferro as the kind of deal that could trigger the extension....
http://www.chemweek.com/people_and_business/m_and_a/Schulman-Ferro-prepare-for-next-stage-in-bid-proxy-fight_51118.html
April 15, 2013
American Vanguard (Amvac) says it has acquired a 29.46% stake TyraTech, a Morrisville, NC-based developer of insecticides based on essential oils, for $3.7...
http://www.chemweek.com/people_and_business/m_and_a/Amvac-invests-in-TyraTech_51093.html
April 15, 2013
Solvay and AkzoNobel have established a partnership to increase the use of biobased solvents in AkzoNobel’s paints. The agreement covers oxygenated solvents, specifically...
http://www.chemweek.com/people_and_business/m_and_a/Solvay-Akzo-biosolvents-deal_51091.html
April 15, 2013
Amyris (Emeryville, CA) announced three milestones in its efforts to commercialize the biobased farnesene, including two funding agreements. The company says it has received...
http://www.chemweek.com/people_and_business/m_and_a/Amyris-announces-funding-milestones-JV-expansion-_51089.html
April 15, 2013
Fine and specialty chemicals company CABB (Sulzbach, Germany), Jining Gold Power (Jining, China), and Jinwei Huasheng Chemical (Jining) have signed a memorandum of understanding to...
http://www.chemweek.com/people_and_business/m_and_a/CABB-to-form-MCA-venture-in-China_51080.html
April 15, 2013
Barentz Group (Hoofddorp, Netherlands) has acquired an undisclosed equity stake in NK Chemicals (NKC; Wakefield, UK) with the aim of strengthening the activities of each company in the...
http://www.chemweek.com/people_and_business/m_and_a/Barentz-takes-stake-in-lanolin-distributor-NK-Chemicals_51172.html
April 15, 2013
Clariant has confirmed that it has signed an agreement with Ecolab to acquire certain assets among its deepwater Gulf of Mexico assets. The divestment of the assets by Ecolab was...
http://www.chemweek.com/people_and_business/m_and_a/Clariant-confirms-acquisition-of-part-of-Champions-assets-in-North-America_51169.html
April 12, 2013
Elemental Minerals (Perth, Australia) says it has received a nonbinding offer for the company from Dingyi Group Investment (Hamilton, Bermuda) to acquire the company for a cash price...
http://www.chemweek.com/people_and_business/m_and_a/Australias-Elemental-Minerals-receives-takeover-offer_51152.html
April 11, 2013
PPG has acquired Deft (Irvine, CA), a maker of aerospace coatings, including structural primers and military topcoats, the company says. Financial details of the deal, including...
http://www.chemweek.com/people_and_business/m_and_a/PPG-acquires-aerospace-coatings-maker_51076.html
April 11, 2013
Praxair announced today that it has acquired Tri-State Carbonic’s (Lawrenceburg, IN) merchant carbon dioxide (CO2) business. Financial terms of the agreement were not disclosed...
http://www.chemweek.com/people_and_business/m_and_a/Praxair-acquires-merchant-carbon-dioxide-business_51075.html
April 11, 2013
Arkema has signed an agreement with Jayant Agro (Mumbai) to acquire a 25% stake in Ihsedu Agrochem (Mumbai), a subsidiary of Jayant Agro specializing in the production of castor...
http://www.chemweek.com/people_and_business/m_and_a/Arkema-takes-minority-stake-in-Indian-castor-oil-producer-Update_51066.html
April 10, 2013
Ecolab has closed on its $2.3-billion acquisition of Champion Technologies. Ecolab secured US antitrust approval of the deal earlier this week when it agreed to sell a Champion...
http://www.chemweek.com/people_and_business/m_and_a/Ecolab-closes-on-Champion-purchase_51064.html
April 9, 2013
Ecolab has entered into a consent agreement with the US Department of Justice (DOJ) regarding Ecolab’s previously announced $2.3-billion acquisition of Champion Technologies. The agreement requires Ecolab to divest certain assets and license technology that serves customers in US Gulf of Mexico deepwater drilling to Clariant. Ecolab now expects to close the Champion acquisition by 15 April....
http://www.chemweek.com/people_and_business/m_and_a/Ecolab-to-sell-deepwater-product-line-to-Clariant-to-gain-antitrust-approval-of-Champion-acquisition-updated_51008.html
April 9, 2013
A. Schulman today reported fiscal second-quarter net income up 29.7% year-on-year (YOY), to $11.8 million, on sales up 5.3%, to $522.4 million. A tax allowance and an acquisition drove...
http://www.chemweek.com/people_and_business/m_and_a/Schulman-falls-short-of-estimates-on-Europe-weakness_51005.html
April 8, 2013
Apollo Management says it plans to sell 15 8 million shares, roughly a 24% stake, in amines producer Taminco as part of a planned initial public offering. The offering is being priced...
http://www.chemweek.com/people_and_business/m_and_a/Taminco-seeks-to-raise-$300-million-from-IPO_50991.html
April 8, 2013
DSM has completed the acquisition of animal nutrition firm Tortuga Companhia Zootécnica Agrária (São Paulo), the company announced today. The 1.16-billion reais...
http://www.chemweek.com/people_and_business/m_and_a/DSM-completes-acquisition-of-Brazilian-animal-nutrition-firm_50983.html
April 5, 2013
Torsten Derr, global head of material protection products business unit at Lanxess; and Shae Toh Hock, senior v.p./corporate planning and development at Nipsea, sign the deal...
http://www.chemweek.com/people_and_business/m_and_a/Lanxess-acquires-Singapore-based-biocides-company-PCTS_50963.html
April 4, 2013
When the process is completed later this year, Muntajat will have transformed nine separate marketing organizations with limited resources into one of the largest chemical suppliers in the world...
http://www.chemweek.com/people_and_business/m_and_a/Muntajat-expands-control-of-Qatar-chemical-exports-to-70-percent_50960.html
April 4, 2013
Hindustan Unilever Ltd. (HUL; Mumbai), a subsidiary of Unilever, has become sole owner of Aquagel Chemicals (Bhavnagar, India) by buying the shares it did not own in the company...
http://www.chemweek.com/people_and_business/m_and_a/Reports-Hindustan-Unilever-acquires-remaining-shares-in-Aquagel-Chemicals_50951.html
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