IHS Chemical Week
EUROPE

Merck KGaA steps up investment in biosimilar activities

12:47 PM MDT | September 22, 2014 | Natasha Alperowicz

Merck KGaA (Darmstadt, Germany) says its biopharmaceutical division is well on track with implementing the group’s Fit for 2018 transformation and growth program. At an analysts' and investor day at Darmstadt on Friday at its Merck Serono biopharma...


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Deinove and Sofiprotéol collaborate in biobased feed additives development program

Deinove (Montpelier, France), a clean technology company that designs and develops new-generation industrial processes based on the exploitation of bacteria, today announced it has signed a three-year collaboration agreement with Sofiprotéol, the...

Bayer appoints Rothschild as advisor on MaterialScience listing

Bayer has appointed the Rothschild investment bank to advise on its plans to separate and list Bayer MaterialScience (BMS), its polyurethanes and polycarbonates business, according to media reports. BMS is expected to be worth about €10 billion ($12.8...

Sibur will seek partners for petchems project in Russia's Far East

Sibur (Moscow), Russia’s largest petrochemicals player, last week signed a cooperation agreement with the government of the Amur region, in far eastern Russia, covering a proposed investment and other programs, including a previously announced...

Merck KGaA to acquire Sigma-Aldrich for $17 billion

Merck KGaA (Darmstadt, Germany) says it has entered into a definitive agreement to acquire Sigma-Aldrich (St. Louis) for $17 billion. Merck will acquire all of the outstanding shares of Sigma-Aldrich for $140/share in cash. The agreed price represents a 37%...

Ferro to acquire Italian tile coatings manufacturer Vetriceramici

Ferro says that it has signed a definitive agreement with private equity firm Star Capital (Milan) and two minority owners and founders, Gianfranco Padovani and Sergio Zannoni, to acquire Vetriceramici (Casola Valsenio, Italy) for €83 million ($107...

RusVinyl commissions €1.4-billion integrated PVC complex in Russia

GRAND OPENING: President Vladimir Putin at RusVinyl's inauguration today. RusVinyl (Kstovo, Russia)—an equally owned joint venture between Sibur (Moscow), Russia's largest petrochemical company, and SolVin (Brussels)—today inaugurated a...

Bayer to float Bayer MaterialScience on the stock exchange as an independent company

Bayer today announced plans to separate Bayer MaterialScience (BMS), its polyurethanes and polycarbonates unit, and float it on the stock exchange as an independent company within the next 12-18 months. The move was decided by the Bayer managing board on 2...

Arkema offers to acquire Total’s adhesives subsidiary Bostik for €1.74 billion

Total says it has received an offer from Arkema to acquire Total’s wholly owned adhesives subsidiary, Bostik (Paris). Arkema’s offer values Bostik at €1.74 billion ($2.24 billion), representing 11 times the company’s Ebitda. Bostik is...

Uhde Inventa-Fischer completes revamp of Indorama's PET plant in Poland

Uhde Inventa-Fischer, a unit of ThyssenKrupp Industrial Solutions, said today that it has completed the revamp of a polyethylene terephthalate (PET) bottle resins plant for Indorama Ventures' business at Włocławek, Poland. The capacity of the...

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