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Chemical Finance Digest, July 4-8

10:57 AM MDT | July 11, 2011 | Vincent Valk

Topping the headlines last week, Dow and Ube have formed an electrolytes joint venture aimed at the growing lithium-ion battery market. In M&A news, Wacker sold its tire-release-agent business to Rhein Chemie for an undisclosed amount. No new debt or equity was issued last week. In other headlines, Tronox's first-quarter profit soared to $641.5 million after emerging from bankruptcy. Meanwhile, A. Schulman met expectations, but warned of 'economic softness' ahead. In macroeconomic news, June's U.S. employment figures were released on Friday, and they were...

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