EUROPE

Arkema Studies Acrylic Polymers Production in Emerging Markets

March 15, 2010 | Natasha Alperowicz in Paris

Arkema is considering plans to establish production of acrylic latex in the emerging regions of Asia/Pacific or Latin America, following the company’s recent acquisition of certain U.S. acrylics assets from Dow Chemical for $50 million (CW, Feb. 1, p...

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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...

Dynea's Profits Fall on Lower Volumes and Selling Prices

Dynea reported a €46-million loss for full-year 2009, compared to earnings of €5.6 million including special items in both years. Operating results dropped 83%, to €3.9 million excluding...

Maire Tecnimont Acquires Sofipart, Owner of Technip KTI

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...

BASF's 2009 Energy Efficiency Measures to Yield Annual Savings of $53 Million

Energy efficiency measures implemented by BASF in 2009 are set to make annual energy savings for the company totalling €39 million ($53 million), the company says. The savings are detailed in the firm’s 2009 annual report which is due...

Pessimism Pervades Lead up to Next Round of Climate Negotiations

The first round of formal United Nations (U.N.) climate change negotiations will take place in April in Bonn, Germany surrounded by pessimism. Connie Hedegaard, European Commissioner for climate change, and the Danish minister at the helm for much of the...

Sanofi-Aventis and Merck & Co. to Create Global Leader in Animal Health

Sanofi-Aventis (Paris) and Merck & Co., have announced that Sanofi-Aventis has exercised its option to combine its Merial unit with Intervet/Schering-Plough (Boxmeer, the Netherlands), Merck's animal health business, to create a global leader in animal...

Kemira and VTT to Establish Water Treatment Research Center

Kemira and The Technical Research Centre of Finland (VTT) will establish a Center of Water Efficiency Excellence in Finland, which will focus on developing new technology to enhance water usage and recycling. The center's goal is to "develop unique...

Lonza Forms Alliance and Acquires Stake in U.S. Drug Discovery Tech Firm

Lonza says it has signed an agreement with drug discovery technology company Odyssey Thera (San Ramon, CA) to make Odyssey Thera’s proprietary protein-fragment complementation assay (PCA) technology, and Odyssey Thera has granted to Lonza an option to...

Bayer MaterialScience Acquires Artificial Muscle Inc., an Electroactive Polymers Business

Bayer MaterialScience (BMS) has acquired Artificial Muscle Inc., (AMI; Sunnyvale, CA), a leader in the field of electroactive polymers for the consumer electronics industry. Financial details were not disclosed. AMI polymers are used in the development...

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