Top of the News

Terra Industries Accepts CF Industries' Offer

9:22 AM EST | March 10, 2010 | Kerri Walsh

 Terra Industries says it has accepted CF Industries' $47.40/share offer, which was made on March 2. The offer values Terra at about $4.72 billion. Terra has informed Yara International, which offered to buy the company for $41.1/share last month, that...

Hexion's Loss Narrows, Margins Improve

10:41 AM EST | March 9, 2010 | Rebecca Coons

Sales fell 8%, to $1.09 billion, reflecting lower raw material prices partially offset by improved volumes and margins, the company says. The 2008 quarter included an $800-million charge related to the termination of its merger agreement with Huntsman....


Syrgis: Niche Products Provide Platform for Growth

Unilever Extends Collaboration to Make Personal Care Products from Algae

Pessimism Pervades Lead up to Next Round of Climate Negotiations

More Top of the News...



Syrgis: Niche Products Provide Platform for Growth

Fine and specialty chemicals group Syrgis (Cincinnati, OH) says 2009 was a "good" year financially with sales growth in 2009 set to continue in 2010. A key element in the group’s success during the past year has been its focus on...To Read more click here


ON CHEM IDEAS Blog

When Supply Chains Merge; Five Steps to Success by Harpal Singh, CEO of Supply Chain Consultants

SUSTAINABILITY NEWS

Start-up Advances Biobased Acrylic Acid Production Process


Americas

Sanofi-Aventis Completes Acquisition of Chattem

2:47 AM EST | March 11, 2010 | Deepti Ramesh

Sanofi-Aventis (Paris) says it has completed the previously announced acquisition of consumer healthcare company Chattem (Chattanooga, TN). Sanofi-Aventis had announced last December that...

Europe

Maire Tecnimont Acquires Sofipart, Owner of Technip KTI

10:57 AM EST | March 11, 2010 | Natasha Alperowicz

Engineering group Maire Tecnimont (Rome) has agreed to acquire the entire share capital of Sofipart S.r.l, a company that controls 76.1% of KTI Management, which, in turn, owns 75% of Technip KTI S.p.A, an international process engineering company based in...

FURTH ANNUAL GPCA FORUM
ExxonMobil Chemical

US Petrochemical

Asia/Pacific

BDP Establishes JV in India; Will Target Chemicals Sector

7:11 AM EST | March 10, 2010 | Deepti Ramesh

Logistics company BDP International (Philadelphia) says it has established a joint venture company in India dubbed BDP Global Logistics India (Mumbai). The new company is a jv between BDP and Unique Global Logistics (Mumbai) with BDP as the majority...

Mideast/Africa

Linde Expands Specialty Gases Facility in South Africa

2:14 AM EST | March 10, 2010 | Deepti Ramesh

Linde says its Linde Gases division has expanded and upgraded its specialty gases production plant at Johannesburg, South Africa. The €1.12-million investment involved a complete re-engineering of the existing site, to better support the growing demands...

Viewpoint

Recovery Fueling M&A Revival

3:30 AM EST | March 1, 2010

Greater confidence is recovery should spark more M&A activity this year after a weak 2009. The total equity value of the deals totalled $25.4 billion in 2009, down from $39.7 billion in 2008, according to data from Young & Partners. Two deals—Dow...

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