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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
May 29, 2013
Mitsubishi Plastics (Tokyo) has acquired Quadrant Group of Companies (Reading, PA), which will allow Quadrant to continue investing in its core businesses and expand its portfolio, the...
http://www.chemweek.com/people_and_business/m_and_a/Mitsubishi-Plastics-confirms-acquisition-of-Quadrant-Group_52349.html
May 29, 2013
Amgen (Thousand Oaks, CA), the world's largest independent biotechnology company; and Astellas Pharma (Tokyo), a leading pharmaceutical company, have entered into a strategic alliance...
http://www.chemweek.com/people_and_business/m_and_a/Amgen-and-Astellas-form-biopharmaceuticals-joint-venture-in-Japan_52348.html
May 29, 2013
Bayer has received clearance from US FTC to acquire contraceptive device maker Conceptus (Mountain View, CA), Bayer said today. The FTC raised no objection to the transaction within...
http://www.chemweek.com/people_and_business/m_and_a/Bayer-receives-FTC-clearance-for-Conceptus-acquisition_52347.html
May 29, 2013
Lignol Energy Corp. (LEC; Vancouver) has become majority shareholder in Territory Biofuels (TBF; Darwin, Australia) after it acquired an additional 2.67 million shares in the company...
http://www.chemweek.com/people_and_business/m_and_a/Canadas-Lignol-Energy-becomes-majority-owner-of-Australias-largest-biorefinery-production-to-restart-by-year-end_52327.html
May 28, 2013
A. Schulman today announced a restructuring in its Europe, Mideast, and Africa business, under which the company will reduce headcount in that region because of economic difficulties...
http://www.chemweek.com/people_and_business/m_and_a/Schulman-to-cut-jobs-in-Europe-sell-Australia-business_52331.html
May 28, 2013
AstraZeneca today announced that it has agreed to acquire Omthera Pharmaceuticals (Princeton, NJ), a specialty pharmaceutical company focused on the development and commercialization...
http://www.chemweek.com/people_and_business/m_and_a/AstraZeneca-acquires-specialty-pharma-company-Omthera-for-$323-million_52319.html
May 27, 2013
Ineos Barex , a subsidiary of Ineos, has agreed to acquire Mitsui Chemicals’ polyacrylonitrile (PAN) business including PAN resin and Zexlon film, the company announced today...
http://www.chemweek.com/people_and_business/m_and_a/Ineos-to-buy-Mitsui-Chemicals-polyacrylonitrile-business_52308.html
May 24, 2013
Shin-Etsu Chemical has acquired the 50% stake it did not already own in Asia Silicones Monomer (ASM; Rayong, Thailand) from General Electric Co.(GE) for 15 billion Japanese yen ($147.4...
http://www.chemweek.com/people_and_business/m_and_a/Shin-Etsu-buys-GE-out-of-silicones-monomer-jv-in-Thailand_52278.html
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