AMERICAS

H.B. Fuller to Acquire Adhesives Manufacturer in Malaysia

March 12, 2010 | Deepti Ramesh

H.B. Fuller says it has entered into a stock purchase agreement, under which it will acquire all of the shares of adhesives manufacturer Revertex Finewaters (Klang, Malaysia), a joint venture of Yule Catto (Harlow, U.K.) and Johor Corporation (Johor Bahru...


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MORE AMERICAS

Yara International Will Not Raise Offer for Terra Industries

Yara International said today that it will not raise its offer for Terra Industries to match or exceed a bid form CF Industries Holdings.  Yara agreed last month to buy Terra for $4.1 billion in a deal, which would create a global fertilizer giant and...

Dow Declares Force Majeure on Phenol in the Americas

Dow Chemical has declared force majeure on phenol in the Americas due to “circumstances beyond its reasonable control.” The company’s Oyster Creek, TX phenol facility, which...

PotashCorp Boosts First Quarter Earnings Outlook

The company raised its guidance significantly due to rebounding potash demand and improving nitrogen and phosphate margins....

Sanofi-Aventis Completes Acquisition of Chattem

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...

Chemical Emissions: PPG

Chemical Emissions is CW's new periodical series looking at the latest emissions reports from leading chemical companies. We'll be reporting on the latest numbers and following-up with questions on the data. The series will build on itself, as we continually provide greater context and update past reports....

Judge Approves LyondellBasell's $450-million Unsecured Creditor Settlement (UPDATED)

The U.S. Bankruptcy Court for the Southern District of New York has approved LyondellBasell’s $450-million settlement with its unsecured creditors, placing the company on track to emerge from Chapter 11 bankruptcy protection.   The settlement...

Rail Traffic Rises 23.2%

Chemicals sector rail traffic in North America rose 23.2% year-on-year last week, to 44,774 cars, according to the Association of American Railroads...

Huntsman to Privately Place New Debt (Update)

Huntsman will issue $350 million in new senior subordinated debt in a private placement, the company says. The debt, which will be issued through the company's Huntsman International subsidiary, comes due in 2020 and has an interest rate of 8.625%. The...

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...

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