Keyword: business strategy

News

Total to Start "Soft Landing" from Years of Record Capital Spending

24.09.2013 - Total will start a "soft landing" next year to scale back heavy capital spending while keeping long-term output targets and generating greater cash flow, the French oil major said...

News

Syngenta May Be Template as Novartis Reviews Non-Core Assets

24.09.2013 - Novartis may take a leaf out of its past deal-book as the Swiss drugmaker conducts a review into some of its underperforming businesses, a board member said. New chairman Joerg...

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Total CEO Considers Increasing Its Asset Sales Target

19.09.2013 - Total may increase its target for asset sales to finance exploration and attain its oil and gas production goals, the Wall Street Journal quoted the French company's chief...

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Lanxess Seeks to Increase Competitiveness

19.09.2013 - Lanxess is countering the challenging business environment with a comprehensive efficiency program. Currently, it is foremost the synthetic rubber activities that are experiencing...

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Bayer Plans 80% Sales Increases in Russia by 2017

09.09.2013 - Bayer is targeting an 80% increase in sales to €1.3 billion over the five-year period up to 2017, CEO Marijn Dekkers said at a press conference in Moscow. At the same time, the...

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IMCD acquires Makeni Chemicals in Brazil

06.09.2013 - IMCD Group has acquired a majority interest in Makeni Chemicals, a leading speciality chemical distributor in Brazil. Makeni's portfolio covers various markets includig...

News

Total to Shutter Carling Cracker and Focus Site on Resins

06.09.2013 - As expected, French petrochemicals group Total has announced plans to close its loss-making steam cracker Carling, in northeastern France, in the second half of 2015. Employees of...

News

Petrochina Changes Course Under New Management

05.09.2013 - PetroChina's days of super-charged spending may be over as the Chinese national oil giant seeks to steer clear of the legacy of former chairman Jiang Jiemin, now under an official...