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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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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...

PotashCorp Boosts First Quarter Earnings Outlook

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

DOJ Begins Antitrust Inquiry into Seeds

The meeting at Ankeny, IA the first time U.S. regulators have scrutinized competition and regulation in the seed market, and come amid competitors' and farmers' accusations of antitrust behavior by seed industry's market leader Monsanto....

CF-Terra Agreement Signed After Yara Declines to Raise its Bid

Yara International said today that it will not raise its offer for Terra Industries to match or exceed the bid from CF Industries Holdings, which paved the way for CF and Terra to sign a definitive merger agreement. Under the agreement, Terra stockholders...

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...

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...

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...

Terra Industries Accepts CF Industries' Offer

Terra Industries says it has accepted CF Industries' $47.40/share offer, which was made on March 2. The offer values Terra at about $4.72 billion. Terra has informed Yara International, which offered to buy the company for $41.1/share last month, that...

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