IHS Chemical Week

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U.S. (11281)


U.S.

Momentive Performance Materials confirms CEO and chairman appointments
Momentive Performance Materials said on Friday that John (“Jack”) Boss has been named CEO and president of the company and its indirect parent, MPM Holdings and that Bradley Bell has been named chairman of the board of MPM Holdings, each effective...

Ferro completes sale of polymer additives business
Ferro Corp. said on Friday that it has completed the sale of the majority of the assets of its polymer additives business to Polymer Additives, Inc., a wholly owned portfolio company of H.I.G. Capital, for approximately $154 million in cash, subject...

PPG to acquire automotive materials supplier
PPG Industries says it has entered into exclusive negotiations to acquire Revocoat (Saint-Just-en-Chaussée, France), a maker of sealants, adhesives, and dampers for the automotive sector, from Axson Group (Chassieu, France), a polymers formulator...

DuPont files for performance chemicals spinoff
DuPont today filed with the US Securities and Exchange Commission (SEC; Washington) to launch a spinoff of its mostly-commodity performance chemicals business, over a year after the company announced the planned spin-off. The company will be called The...

GSK shareholders approve $20-billion asset deal with Novartis
Shareholders of GlaxoSmithKline (GSK) on Thursday approved by an overwhelming majoring a planned deal with Novartis, which sets the two pharma groups to trade more than $20.0 billion of assets. The transaction, which includes GSK buying Novartis's vaccines...

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