Keyword: Dede Willams

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Bayer Cuts Covestro Shareholding Further

13.09.2017 - As part of its cash-raising package for the $66 billion Monsanto takeover, Germany’s Bayer has further reduced its stake in engineering plastics producer Covestro, its former...

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DowDuPont Realigns Three-way Split

13.09.2017 - Following a four-month portfolio review prompted by activist shareholders, new US chemical heavyweight DowDuPont has responded to some of the pressure. The company said it now...

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Lilly to cut 3,500 jobs by Year-end

12.09.2017 - US pharmaceutical giant Eli Lilly has announced it will slash 3,500 positions – about 8% of its global 42,000-strong workforce up to the end of 2017. The cuts, part of a scheme to...

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Ineos to Build new European VAM Plant

12.09.2017 - Leveraging its expanded position in ethylene, Ineos Oxide has announced it will build a new plant for vinyl acetate monomer (VAM) at one of its European production sites. The...

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Akzo Issues Profit Warning, CFO on Leave

11.09.2017 - The turmoil at AkzoNobel shows no signs of subsiding. The worst seemed over as the Dutch coatings producer temporarily ended a feud with activist investor Elliott Advisors in...

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Texas Rescue Workers Sue Arkema

11.09.2017 - Seven rescue workers in Texas are suing Arkema for $1 million, alleging the French chemical producer was unprepared for the flooding that engulfed its organic peroxides plant at...

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Bayer-Monsanto Deal may be Delayed

11.09.2017 - Bayer and Monsanto may have to extend the closing of their $66 billion merger beyond the end of this year, as regulatory approvals are taking longer than expected. The companies...

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Sanofi Completes Protein Sciences Buy

08.09.2017 - Following all regulatory approvals, French drugmaker Sanofi has completed the acquisition of Protein Sciences, a US vaccines biotech based in Meriden, Connecticut. The deal...