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May 6, 2011
Analysts say that DuPont is likely to succeed with its DK33.4 billion ($6.64-billion) bid to acquire food ingredients and enzymes company Danisco (Copenhagen), after the Danisco board...
April 22, 2011
Israel Chemicals Ltd. (ICL; Tel Aviv) will spend €160 million ($232 million) in the first stage of a plan to expand the potash mine and processing plant of the company’s Iberpotash...
April 22, 2011
AkzoNobel kicked off the European chemical industry’s first-quarter earnings season with a flourish. The company’s net income jumped 58% compared with the first quarter of 2010, to...
April 22, 2011
Concerns about the future of Vinyls Italia (Porto Marghera), the troubled manufacturer of polyvinyl chloride (PVC) and vinyl chloride monomer, have grown following an announcement by...
April 15, 2011
Mossi & Ghisolfi Group (M&G; Tortona, Italy), the largest producer of polyethylene terephthalate for packaging applications, has broken ground on a project to build a...
April 15, 2011
RAG Foundation (Essen, Germany), the majority shareholder in Evonik Industries, says it has revived plans to launch an initial public offering (IPO) for Evonik. The IPO is due to take...
April 15, 2011
Tata Chemicals (Mumbai) says it will invest $290 million to acquire a 25.1% stake in the first stream of a previously announced ammonia-urea complex at a port location in Gabon. Olam...
April 1, 2011
BASF says it aims to generate €275 million ($388.5 million) of additional Ebit, including cost savings, as part of its integration plans for Cognis, which BASF acquired late last...
April 1, 2011
Arkema says its acquisition of Total’s coating resins and photocure resins activities—the latest of several M&A deals by Arkema—will make the company a leading...
April 1, 2011
Private equity firm 3i Group (London) has launched a process to sell chemical distributor Azelis (Antwerp), and 3i has hired Bank of America Merrill Lynch to invite bids for Azelis...
April 1, 2011
Israel Chemicals Ltd. (ICL) says its fourth quarter of 2010 was the company’s best-ever fourth quarter, based on all parameters, and that 2010 was the second-best year in the...
March 25, 2011
Merck KGaA has entered into a definitive agreement to acquire Biotest’s (Dreieich, Germany) worldwide microbiological monitoring activities. The business comprises heipha Dr. Müller...
March 25, 2011
Lanxess is optimistic about 2011 with sales and profits expected to rise because of improved economic conditions, says board member Werner Breuers. Lanxess raised its 2011 R&D...
March 25, 2011
Wacker Chemie, the second-largest producer of polysilicon, has the potential to more than double capacity to meet demand growth, particularly from the solar industry, Rudolf Staudigl...
March 20, 2011
Süd-Chemie (Munich), a producer of catalysts and adsorbents, published preliminary financial results for 2010 that show it increased Ebitda 31%, to €206.1 million ($288.1...
March 18, 2011
BASF says it has placed about 19.7 million shares of K+S (Kassel, Germany), Europe’s biggest producer of potash, with institutional investors at a price of €50/share. The...
March 18, 2011
Sabic and the Saudi Property Authority (Modon; Riyadh), a government agency, have signed a three-way agreement with the Boston Consulting Group that aims to develop industrialization...
March 18, 2011
Wacker Chemie set a new earnings and sales record in 2010, exceeding pre-crisis levels by a substantial amount. Wacker CEO Rudolf Staudigl, announcing the company’s annual results in...
March 11, 2011
Bayer is committed to its present portfolio, comprising Bayer Healthcare, Bayer CropScience, and Bayer MaterialScience (BMS), says Bayer’s new chairman Marijn Dekkers. “All three...
March 11, 2011
Arkema reported for 2010 the strongest results since its creation in 2005, and outlined plans with a focus on growth in emerging markets and through new technologies. Speaking at a...
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