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Displaying 1 - 20 of 528 stories.
May 22, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest petrochemical player and one of Asia’s fastest-growing, tells CW that it will invest about $1 billion to build a...
May 22, 2015
DuPont on 13 May won its proxy battle with activist hedge fund Trian Fund Management (New York), as all four of the company’s director nominees were re-elected to its board, company officials say.DuPont is “encouraged by shareholder feedback and support for our transformation,” chair and CEO Ellen Kullman told the meeting....
May 13, 2015
Germany’s chemical-pharmaceutical industry returned to moderate growth during the first three months of 2015, according to the latest quarterly report by chemical trade...
May 8, 2015
Boulevard Acquisition (New York), a public blank-check investment vehicle formed by Avenue Capital, has reached a deal to buy Dow Chemical’s AgroFresh business, a maker of...
May 8, 2015
Proxy advisory firms Institute for Shareholder Services (ISS; Rockville, MD), Glass Lewis (San Francisco), and Egan-Jones (Haverford, PA) have backed Nelson Peltz, founder and CEO of activist hedge fund Trian Fund Management (New York), in his bid for a board seat at DuPont. ISS has also backed former GE CEO/asset management John Myers, another Trian nominee, for a seat on DuPont’s board of directors, while Egan-Jones has backed all four Trian nominees....
May 6, 2015
The European Council, under the current Latvian presidency, and members of the European Parliament (MEPs) have agreed on a draft law to reform the European Union’s Emissions...
April 24, 2015
Liveris: ‘Geopolitical and economic uncertainty’ expected to continue through 2015. North American diversified chemical companies’ first-quarter earnings beat...
April 24, 2015
Air Products has been awarded a contract by Saudi Aramco to build and operate the world’s largest industrial gas complex at Jazan, Saudi Arabia. The total investment necessary to...
April 17, 2015
New DuPont director and former LyondellBasell Industries CEO Jim Gallogly was approached by Trian Fund Management (New York) to join the activist hedge fund’s dissident slate for DuPont’s board, according to a shareholder letter released by DuPont....
April 17, 2015
The output of chemicals in the European Union rose by a paltry 0.2% in 2014, while sales fell 1.1% compared with the previous year on lower prices, according to the latest Cefic...
April 15, 2015
The output of chemicals in the European Union rose by a paltry 0.2% in 2014, while sales fell 1.1% compared with the previous year because of lower prices, according to the latest...
April 6, 2015
BASF has confirmed that it and University of Chicago Argonne have jointly filed lawsuits against Umicore (Brussels) and one of its customers, Makita, a Japanese toolmaker, alleging...
April 6, 2015
Dow Chemical has agreed to merge most of its chlor-alkali and downstream derivatives business with Olin in a transaction that values the business at $5 billion....
March 27, 2015
Employers association and trade union in Germany have agreed on a salary agreement. The 550,000 employees in Germany’s chemical industry will receive a pay rise of 2.8%...
March 20, 2015
DSM has agreed to sell a 65% stake in its polymer intermediates business—caprolactam and acrylonitrile—and composite resins to CVC Capital Partners (London). The enterprise...
March 20, 2015
A. Schulman has signed a definitive agreement to acquire Citadel Plastics Holdings (West Chicago, IL), a portfolio company of private equity firms HGGC (Palo Alto, CA) and Charlesbank Capital Partners (Boston), for $800 million....
March 13, 2015
Wacker Chemie has announced that it is examining options related to the ownership structure of Siltronic, the company’s wholly owned silicon wafers subsidiary that supplies the worldwide microchip industry. Wacker says it is looking at a number of options and that it has presented plans to the company’s supervisory board....
March 13, 2015
Shin-Etsu Chemical said on 12 March that it will expand silicone monomer production in Thailand and build a technical center for silicones application development in the United States...
March 4, 2015
Evonik Industries has reported today full-year 2014 sales of €12.9 billion ($14.4 billion), compared with €12.7 billion a year ago, or an increase of 2% year-on-year (YOY)...
March 2, 2015
Chemical output in European rose by a paltry 0.3% in 2014, compared with the previous year, according to the latest Cefic Chemicals Trends Report. European chemical sales clawed back...
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