IHS Chemical Week

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September 1, 2015
Bayer MaterialScience has been renamed Covestro as of 1 September. Bayer plans to float Covestro on the stock market by mid-2016 at the latest in order to focus on its life sciences...
September 1, 2015
Canexus (Calgary, AB) has completed the previously announced C$75-million sale of the North American Terminal Operations (NATO) to Cenovus Energy. Canexus says net proceeds of the transaction, which was announced in early June, will be used to pay down bank debt....
August 27, 2015
Ajinomoto (Tokyo) said on Thursday that it decided to sell Ajinomoto Sweeteners Europe (ASE; Gravelines, France), a wholly owned subsidiary producing the low-calorie sweetener...
August 27, 2015
In an effort to placate its shareholders following Monsanto’s decision to walk away from the proposed bid, Syngenta has confirmed that its board did "engage" with...
August 27, 2015
Evonik Industries has confirmed that it is looking to strengthen its performance materials business, which includes acrylic monomers and polymers, with options that could include...
August 26, 2015
Asahi Kasei says that, on 26 August, it completed the previously announced acquisition of Polypore International (Charlotte, NC). Asahi Kasei had announced in February that it will...
August 26, 2015
The UK subsidiary of Lehmann & Voss & Co. (Hamburg) has acquired distributor Gee Lawson Holdings (London) from its private owner for an undisclosed amount. Gee Lawson...
August 26, 2015
Monsanto announced today it will no longer pursue its proposed merger with Syngenta after the latter rebuffed its most recent offer. The deal would have combined the world’s...
August 26, 2015
Uralkali (Berezniki, Russia), one of the world's largest potash producers, says that its board of directors has approved a $1.32-billion buyback of up to 14% of its shares, including...
August 25, 2015
Syngenta, the global leading agrochemicals company, said on Tuesday it has no comment to make on reports that Monsanto has increased its offer by 4.7% to 43.7 billion Swiss...
August 24, 2015
Monsanto has reportedly increased its bid to purchase Syngenta by about $2-billion, to $47 billion, and increased the break-up fee it offered to pay to Syngenta should the deal fail to...
August 24, 2015
The Korea Exchange has asked LG Chem (Seoul), one of Korea’s leading petrochemical companies, to respond to market rumors that it is preparing to bid for Dongbu Farm Hannong...
August 23, 2015
The Indian government, through the Ministry of Petroleum & Natural Gas, announced on Saturday that it plans to sell a 10% stake in Indian Oil (New Delhi), the country’s...
August 20, 2015
PPG Industries plans to acquire the remaining stake in Chemfil Canada (Windsor, ON), a joint venture between PPG and Madinal Enterprises. Terms of the deal were not disclosed. Chemfil...
August 20, 2015
Fluor has agreed with Offshore Oil Engineering Co. (COOEC), a subsidiary of China National Offshore Oil Corp., to form a joint venture, COOEC Fluor Heavy Industries, through which the...
August 20, 2015
Asahi Kasei said on Thursday that the Fair Trade Commission of the Republic of Korea on 19 August cleared the previously announced acquisition of Polypore International (Charlotte...
August 19, 2015
Ajinomoto (Tokyo), a producer of amino acids, flavors, pharmaceuticals and specialty chemicals, says it has agreed with flavors specialist T. Hasegawa (Tokyo) to form an alliance...
August 19, 2015
Syngenta announced on Wednesday that it intends to divest its premium flowers seeds business from its lawn and garden operating unit. The divestment would enable the entity to play a...
August 18, 2015
LyondellBasell Industries says it has accepted Yacimientos Petrolíferos Fiscales (YPF; Buenos Aires) and Grupo Inversor Petroquímica's (GIP; Madrid) joint offer to...
August 18, 2015
PQ (Malvern, PA) and Eco Services Operations (Cranbury, NJ) say they are combining in an equity-for-equity transaction expected to close in the fourth quarter. George Biltz, president and CEO of PQ, will lead the combined company. Mike Boyce, currently chairman of PQ and Eco Services, will be chairman of the combined company....
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