PEOPLE & BUSINESS

Teva to Acquire Ratiopharm for $4.9 Billion

Teva Pharmaceutical Industries (Petah Tikva, Israel), the leading generics pharmaceutical company in the world, says it has entered into a definitive agreement to acquire Ratiopharm (Ulm, Germany), the second largest generics producer in Germany and the sixth...

ACC: Growth is Back, But Peak Still Years Off

Growth in both chemicals output and the broader economy has returned across the globe, according to ACC's latest quarterly outlook. However, while U.S. chemicals output is forecast to rise 7.8% this year, the rebound will moderate in 2011 and 2012 and the...

Click here...

People/Executives

BASF Puts Leather Unit on the Block; Speculation on Next CEO

BASF has put its leather and textile chemicals business up for sale, following a lengthy period of restructuring and seeking partnerships, CW has learned. The company does not disclose sales of the business, which forms part of its performance chemicals unit...

Companies

Altana Reports Lower Sales and Earnings

Cost reductions supported margins, however....

Emerging Companies

DSM on Track to Commercialize Production of Resins, Adhesives and Coatings from CO2

DSM says it expects to be in a position to announce plans for the commercialization of specific products derived from CO2 feedstocks in the next 12-24 months. “We have sufficient perspective now to say we will continue down this road,” the company...

Earnings/Finance

Lanxess's Third-Quarter Results Rise Sequentially; Expands Production in China

Lanxess reported third quarter net income down 59%, to €23 million ($34 million), on sales down 24%, to €1.37 billion. Ebitda before special items fell 26%, to €143 million. Lanxess's results rose sequentially, however, because of an...

M&A

Sika Acquires Construction Sealant Business of Henkel Japan

Sika (Baar, Switzerland) says its Sika Japan (Hiratsuka, Japan) subsidiary has acquired the construction sealant business of Henkel Japan (Tokyo). The acquired...

Reach

Reach Registration: 'Panic is Starting to Set In'

A significant number of chemical companies are starting to panic as they could miss the December 1 deadline for registering their chemical substances under the Registration, Evaluation, and Authorisation of Chemicals (Reach) program, says Jo Lloyd...

SEARCH