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July 26, 2013
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K-ShowStyron has assumed ownership of Dow Chemical's 50% stake in the Sumitomo Dow Ltd. (Tokyo) polycarbonate (PC) joint venture. Sumitomo Chemical holds the other 50% of the jv. The deal...
http://www.chemweek.com/people_and_business/m_and_a/K2010-Styron-Takes-Dows-Stake-in-PC-Venture-with-Sumitomo_30478.html
July 26, 2013
Bunge's (White Plains, NY) previously announced sale of its Brazil-based fertilizer business to Yara International (Oslo) remains on track and is expected to be finalized during the...
http://www.chemweek.com/people_and_business/m_and_a/Sale-of-Bunges-Brazil-fertilizer-assets-expected-to-close-in-third-quarter_53963.html
July 25, 2013
The Russian antitrust authorities have approved Henkel’s acquisition of the Russian subsidiary of Wellchem Chemical Holding (Vienna). The Russian firm, formed in 2006, is one of...
http://www.chemweek.com/people_and_business/m_and_a/Henkel-to-buy-Russian-subsidiary-of-consumer-products-firm-Wellchem_53693.html
July 25, 2013
Ashland today reported fiscal third-quarter income from continuing operations down 26.9% year-on-year (YOY), to $117 million, on sales down 4%, to $2.1 billion. The declines were...
http://www.chemweek.com/people_and_business/m_and_a/Ashland-to-sell-water-technologies-elastomers-earnings-fall_53901.html
July 25, 2013
FMC has announced that it is acquiring Epax (Ålesund, Norway), a leading manufacturer of omega-3 fatty acid concentrates. The acquisition is valued at about $345 million. Omega-3...
http://www.chemweek.com/people_and_business/m_and_a/FMC-acquires-omega-3-producer-Epax_53854.html
July 24, 2013
John Swire & Sons (London), a diversified corporation has acquired, via its subsidiary Green Investments, Argent Energy (Motherwell, UK), a biodiesel producer, Argent announced...
http://www.chemweek.com/people_and_business/m_and_a/Swire-acquires-biodiesel-producer-Argent-Energy_53849.html
July 23, 2013
Grace Matthews (Milwaukee, WI), a merger and acquisitions (M&A) advisory firm, has named Christopher Cerimele as managing director and chemicals practice lead.  Prior to...
http://www.chemweek.com/people_and_business/m_and_a/Grace-Matthews-names-Cerimele-as-managing-director_53835.html
July 23, 2013
Rütgers Organics (Mannheim, Germany) and International Chemical Investors Group (Frankfurt) say they have signed a definitive agreement to acquire the European business of Viance...
http://www.chemweek.com/people_and_business/m_and_a/Rutgers-Organics-to-acquire-European-business-of-Viance_53836.html
July 22, 2013
CropEnergies (Mannheim, Germany) has acquired bioethanol producer Ensus (Yarm, UK) from private equity firm The Carlyle Group, CropEnergies has announced. Ensus's bioethanol plant was...
http://www.chemweek.com/people_and_business/m_and_a/CropEnergies-acquires-UK-bioethanol-producer-increasing-capacity-50-percent_53810.html
July 22, 2013
Dynea Chemicals (Helsinki) today completed the sale of 100% of the shares of Norway-based Dynea AS to a newly founded legal entity representing Eltek Holding. The sale includes...
http://www.chemweek.com/people_and_business/m_and_a/Dynea-Chemicals-completes-sale-of-Norway-based-Dynea-AS_53813.html
July 19, 2013
Lotte Chemical today confirmed to the Korean Stock Exchange that it has submitted a proposal to acquire Woongjin Chemical (Seoul). Lotte is among several companies that expressed an...
http://www.chemweek.com/people_and_business/m_and_a/Lotte-confirms-interest-in-buying-Woongjin-Chemical_53777.html
July 19, 2013
Styron Europe and Ravago (Arendonk, Belgium) announced today that they have signed a definitive agreement under which Styron’s expandable polystyrene (EPS) business will be sold...
http://www.chemweek.com/people_and_business/m_and_a/Styron-Europe-sells-EPS-business-to-Ravago_53773.html
July 18, 2013
Sherwin-Williams (SW) says that Mexico’s competition commission has voted three to two against authorizing the company’s $2.34-billion acquisition of Comex, which was...
http://www.chemweek.com/people_and_business/m_and_a/Mexican-authorities-oppose-Sherwin-Williams-acquisition_53743.html
July 18, 2013
BASF says it has signed a contract with Rockwool Group (Hedehusene, Denmark) to sell BASF Wall Systems. The transaction comprises the German wall systems subsidiary including the...
http://www.chemweek.com/people_and_business/m_and_a/BASF-to-sell-insulation-business-to-Rockwool-Group_53738.html
July 18, 2013
Punjab Chemicals & Crop Protection (Mumbai) says its board of directors today approved the proposed sale of its agro formulation division to Coromandel Agrico Private. The division...
http://www.chemweek.com/people_and_business/m_and_a/Punjab-Chemicals-to-sell-agro-formulation-and-industrial-chemicals-units_53736.html
July 18, 2013
PhosAgro (Moscow) has completed the consolidation of the core assets of Metachem (Volkhov, Russia), which include production of phosphoric and sulphuric acids, potassium sulphate, and...
http://www.chemweek.com/people_and_business/m_and_a/PhosAgro-completes-consolidation-of-Metachem-assets_53726.html
July 16, 2013
Michelman (Cincinnati) has acquired Ecronova Polymer (Recklinghausen, Germany), a manufacturer of water-based polymers used in the production of paints and lacquers. Financial terms...
http://www.chemweek.com/people_and_business/m_and_a/Michelman-acquires-water-based-polymer-firm-in-Germany_53673.html
July 15, 2013
Flint Hills Resources (Wichita, KS) has agreed to acquire Platinum Ethanol's Arthur, IA, bioethanol plant. The purchase price is not being disclosed. The transaction is...
http://www.chemweek.com/people_and_business/m_and_a/Flint-Hills-acquires-110-million-galyear-bioethanol-plant-in-Iowa_53640.html
July 15, 2013
Cytec announced today that it has sold its industrial materials distribution product line to Cathay Investments (West Sussex, UK) for £5.5 million ($8.6 million). The business...
http://www.chemweek.com/people_and_business/m_and_a/Cytec-sells-distribution-product-line-reorganizes-production-facilities_53646.html
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