IHS Chemical Week

Week of 4-10 March, 2013

11:04 AM MDT | March 11, 2013

A rundown of the industry’s key events from IHS Chemical Week Business Daily: > Schulman offers to acquire Ferro for $855 million. > Sasol progresses with Lake Charles cracker project. > ExxonMobil's Pryor defends LNG exports. > Westlake acquires US PVC products business from Saint-Gobain for $175 million. > Lanxess reports higher earnings, but closes plants. A. Schulman announced a hostile bid to acquire Ferro Corp. for $6.50/share—a 25% premium to Ferro's closing price on 1 March and a 32% premium over the average trading price over the...

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