IHS Chemical Week
AMERICAS

Brazil antitrust body approves Videolar acquisition of Petrobras styrenic assets

9:44 AM MDT | October 2, 2014 | Francinia Protti-Alvarez

Brazil's antitrust body CADE (Brasilia) has approved the acquisition of Innova (Triunfo, Brazil), a subsidiary of Petrobras (Rio de Janeiro), by plastic packaging and styrene producer Videolar (São Paulo). Innova produces ethylbenzene (EB), styrene...


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MORE AMERICAS

Impreglon buys production plant in the US

Impreglon (Lüneburg, Germany), a global leader in surface technology, has acquired its sixth plant in the United States, which increases its number of plants worldwide to 36. The plant, formerly known as Sun Belt Coatings, has been named Impreglon...

Dow confirms plans to sell Angus, sodium borohydride and AgroFresh

Dow expects to have buyers for the Angus Chemical Company, sodium borohydride, and AgroFresh businesses by the end of the year....

WadeCo Specialties acquires rival oilfield chemicals firm

WadeCo Specialties (Midland, TX), which is owned by private equity firm Hastings Equity Partners (Boston), has acquired Elite Treating Solutions (Midland, TX) for an undisclosed sum. WadeCo is an oilfield chemicals firm with operations focused in the Permian...

Yara completes acquisition of Latin American fertilizer player OFD Holding

Yara International said today that it has obtained the relevant regulatory approvals and closed the acquisition of OFD Holding, allowing the integration process to begin. The OFD operations comprise production facilities at Cartagena, Colombia; and...

Bayer launches $7-billion bond to finance Merck & Co. OTC acquisition

Bayer, which has just closed the acquisition of Merck & Co.’s OTC business, today announced that it is issuing a jumbo bond in 144A/Reg S format with a volume of $7 billion through its subsidiary Bayer U.S. Finance (Pittsburgh). The US dollar bond...

Cytec completes phosphine capacity expansion

Cytec Industries has announced the mechanical completion of the previously announced Welland, ON, phosphine manufacturing plant. This facility will double Cytec’s phosphine and phosphine derivative manufacturing capacity, making the phosphene plant the...

ExxonMobil Chemical divests its stake in PE licensing jv Univation Technologies

Dow Chemical and ExxonMobil Chemical announced today the signing of a definitive agreement to restructure the ownership of Univation Technologies, their equally owned polyethylene (PE) licensing joint venture . The transaction will result in Univation...

Agrium expects flat third-quarter earnings

Agrium today said it expects third-quarter earnings to total 45-55 cts/share, roughly flat compared with the year-ago quarter. The company also said that fourth-quarter earnings should be similar to fourth-quarter earnings in 2013, which totaled 66 cts/share...

Platform closes purchase of Agriphar

Platform says it $1-billion purchase of Chemtura AgroSolutions is 'on schedule to close next month.'...

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