COMPANIES

Altana Reports Lower Sales and Earnings

March 18, 2010 | Ian Young

Cost reductions supported margins, however....


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Shell Doubles Its Planned Job Cuts

The company also plans to 'improve' its chemicals assets....

Lanxess Returns to Profit in the Fourth Quarter

The company also expects significant earnings improvement in 2010....

Foster Wheeler Awarded Wax Expansion Contract in South Africa

Foster Wheeler has been awarded an engineering, procurement and construction management contract by Sasol for its previously announced Fischer-Tropsch wax expansion project at Sasolburg, South Africa. The project will be managed from...

OCP and Jacobs Form Engineering Joint Venture

Office Cherifien des Phosphates (OCP; Casablanca), the global leader in phosphate rock and derivatives market, and Jacobs Engineering have formed an equally owned joint venture, Jacobs Engineering SA (JESA). JESA will provide engineering, project management...

Brenntag to Launch IPO This Month

The company's shares are due to be listed from March 29...

Emery Oleochemicals Seeks Expansion

Building on ‘Unique’ Strengths Following Change of Ownership Emery Oleochemicals (Selangor, Malaysia), the world’s leading producer of oleochemicals from natural oils and fats, has faced tough economic conditions since its creation, but it...

Ineos in Preliminary Partnership Discussions with Mideast Investors

Ineos is in preliminary discussions about the possibility of bringing in joint venture partners for, or selling, some of the company's assets, U.K. press reports say. The reports, quoting Tom Crotty, CEO at Ineos Olefins, say the company is in discussions...

Moody's Assigns 'Stable' Outlook to LyondellBasell Debt

Moody's Investors Service (New York) has assigned a 'stable' outlook to LyondellBasell's debt, including $3.25 billion in new issuances. The new debt will be composed of $2.25 billion in first-priority seven-year notes, and a $1 billion term loan, Moody's...

H.B. Fuller to Acquire Adhesives Manufacturer in Malaysia

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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