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December 17, 2015
Frutarom announced 14 December that it had signed a deal to acquire Wiberg (Salzburg, Austria), a producer of savory flavors, for $130.4 million....
December 17, 2015
The M&A market in the chemicals sector was steady during the third quarter, with $9 billion in deals above $25 million completed, according to data provided by Young & Partners (Y&P; New York), an investment bank. This total is up 22% from $7 billion in deals completed during the second quarter. For the first nine months of the year, $31 billion in M&A deals were completed, the equivalent figure to last year, according to Y&P....
December 17, 2015
MEGlobal has applied to the Texas Commission on Environmental Quality (TCEQ) for an air permit authorizing the construction of an ethylene glycol facility in Freeport, TX, according to...
December 17, 2015
Merck KGaA (Darmstadt, Germany) says that it has acquired Ormet Circuits (San Diego), a company that designs, manufactures, and sells sintering, electrically conductive materials used...
December 17, 2015
DuPont has announced several executive leadership changes, including a new chief for its agriculture unit. The news came in the wake of the 11 December announcement that DuPont and Dow Chemical plan to merge....
December 18, 2015
The specialty chemicals market volume index fell 2% year-on-year (YOY) in November on a three-month moving average (3MMA) basis, the American Chemistry Council says. The index also...
December 14, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says it is acquiring Wiberg (Salzburg, Austria) for $130.4 million. Wiberg is a producer of savory flavors with...
December 14, 2015
The corporate tax for companies registered in Germany will rise from about €123.2 billion ($135.4 billion) to about €144 billion 2019, an increase of nearly 20%, according to...
December 11, 2015
LSB Industries (Oklahoma City) has completed the sale of $210 million in preferred stock and warrants in a private placement to Security Benefit (Topeka, KS), which was first announced in early November. LSB will use the proceeds mainly to complete expansion projects at its El Dorado, AK, facility....
December 10, 2015
Covestro (Leverkusen) says it intends to close a 170,000-m.t./year methylene di- para -phenylene isocyanate (MDI) plant at Tarragona, Spain, by the end of 2017 and transform the site into a chemical park....
December 10, 2015
OCP (Casablanca), one of the largest phosphate rock and fertilizer players, has announced higher year-to-date earnings and says it forecasts significantly higher Ebitda for the full...
December 10, 2015
BASF has completed two investment projects that form part of the company’s strategy to significantly expand its presence in Asia....
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