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September 26, 2007
Akzo Nobel has provided a timetable for its proposed cash offer to buy ICI. Akzo says it intends to post its Shareholder Circular on October 1, 2007. In addition, the company will hold...
September 17, 2007
BASF names new head of fine chemicals and Ludwigshafen site....
September 13, 2007
Evonik Industries (Essen, Germany) plans to invest on average E100 million ($100 million)/year to expand its chemicals business in China, in an effort to generate chemicals sales of E1 billion/year in Greater China by 2009....
September 12, 2007
Degussa's parent company RAG has changed its name to Evonik Industries....
September 10, 2007

Sasol reported chemical operating profit of R4.3 billion ($601 million) for its fiscal year ended June 30, compared to a R1.5-billion loss for the year-ago period.


August 28, 2007
Air Products says it has reached a definitive agreement with Linde to acquire BOC’s former industrial gases business in Poland for €370 million ($481 million). Linde will...
August 6, 2007
Kemira says it will acquire privately held TRI-K (Northvale, NJ), a maker and distributor of specialty chemicals used in cosmetics and personal care products. Financial terms of the...
August 6, 2007
Vestar Capital Partners (Paris), a private equity firm, says it plans to become a joint owner with The Carlyle Group (London) in AZ Electronic Materials (Luxembourg). Carlyle, also a...
August 6, 2007
Korea’s Fair Trade Commission (FTC; Seoul) has fined nine Korean companies a combined won105.1 billion ($112 million) for conspiring to fix prices of polypropylene (PP) and...
August 6, 2007
A consortium of eight companies has abandoned plans to construct a propylene pipeline linking Rotterdam and Antwerp with the Ruhr region of Germany (CW, Nov. 30/Dec. 7, 2005, p. 21)...
August 6, 2007
Global activity in the chemical industry has been steady so far in 2007, with January growth at 0.5%, according to ACC’s Global Chemical Industry Production Index. The uptick...
August 6, 2007
Sinopec maintained its position as Asia’s biggest chemical company in 2005, topping CW’s ranking of Asian chemical firms by sales for a second successive year (table, p...
August 6, 2007
Despite gloomy predictions for fine chemical firms struggling under cost pressures from excess capacity and stiffening international competition, the Informex fine and specialty...
August 6, 2007
BOC says it has signed a multi-year supply agreement with privately owned Superior Welding Supply (Waterloo, Iowa), a retailer of welding equipment, safety supplies, and industrial...
August 6, 2007
The CW75 rose by 10% for the week ending February 21, slightly ahead of broader market indexes. Basic chemical shares increased 5%; specialty chemicals, 1%; and diversified chemical...
August 6, 2007
The many tasks of Hercules (Wilmginton, DE) have challenged the company earlier this decade. The costly acquisition of BetzDearborn in the late 1990s saddled it with an onerous debt...
July 30, 2007
Bunge Oils and Diversa say they have formed a partnership to discover and develop novel enzymes for use in the production of edible oils that have enhanced nutritional or health...
July 30, 2007
The New Jersey Work Environment Council (NJWEC; Trenton) has mounted a campaign to force the Occupational Safety and Health Administration (OSHA) to conduct enforcement reviews of...
July 30, 2007
Rockwood Holdings has sold the U.S. operations of its wafer reclaim business to Pure Wafer (Swansea, U.K.), a silicon wafer reclaim services provider, for approximately $11 million...
July 30, 2007
International Petroleum Investment Co. (IPIC; Abu Dhabi) says it has agreed to acquire a 20% stake in Oman Polypropylene (OPP) from Oman Oil Co. (OOC; Muscat). The deal cuts...
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