Oil refiner Petron (Manila), in a statement to the Philippine Stock Exchange (Pasig city, Philippines), says it has entered into an agreement with Vantage Stride...
Active pharmaceutical ingredients (APIs) and generic pharmaceuticals manufacturer Aurobindo Pharma (Hyderabad, India) says it has introduced AuroSource, a division within the company that will provide custom research and manufacturing (CRAMS) services for...
Linde says its Linde Gases division has opened its previously announced helium production plant at Darwin, Australia. The plant...
Lanxess says it has completed the first phase of construction of its previously announced new site at Jhagadia, in the state of Gujarat, India, and that it has started production at the new rubber chemicals plant at the site. Lanxess is developing the site at...
Perstorp (Perstorp, Sweden) says it has established a new application laboratory at Mumbai, India, to meet the growing demand for specialty chemical solutions in the country. Perstorp has also recently expanded its sales and marketing organization in India...
The board of LyondellBasell Industries has rejected Reliance Industries' bid for a controlling stake that valued LyondellBasell at $14.5 billion, sources say. The board favors a competing reorganization plan developed by LyondellBasell management and backed...
TPG Capital (Fort Worth, TX), one of the half a dozen private equity bidders to acquire Dow Chemicals' $4.5 billion-$5 billion/year Styron styrenics operation, has emerged as the favorite to win the auction, according to several reports. An announcement of the...
Ube Industries says it is strengthening its pharmaceutical business by launching a new pharmaceutical division, effective April 1, 2010. The move signifies the transformation of Ube’s pharmaceuticals business from a developing business into a strategic...
Mitsui Chemicals says it will reorganize some business operations in response to the volatile business environment, to reinforce sustainability in the domestic market, and to support the expansion of its overseas operations. The changes will become effective...
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