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People & Business :: Energy and Feedstocks
Chemical Industry Weekly News Round-Up, June 25
1:02 PM MDT | June 25, 2010 | Vincent Valk
This Week on CW: BASF, the world's largest chemical company, has agreed to buy Cognis from its private equity owners for 3.1 billion euros. Cognis has leading positions the personal care and nutrition markets and will be integrated into BASF's performance products segment. The deal is expected to close by November. At the World Soda Ash Conference in London, overcapacity and price limitations remain concerns. If all soda ash capacity additions go online by 2012, operating rates in China will fall to 60%, a speaker said. Reliance has entered into another joint...
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