Keyword: Dede Willams

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FTC Approves $74 Billion BMS-Celgene Deal

20.11.2019 - The US Federal Trade Commission has approved Bristol-Myers Squibb’s $74 billion takeover of biotech Celgene by a vote of 3 to 2. The biggest merger in the history of the global...

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Perstorp Building new Penta Plant in India

19.11.2019 - Swedish specialty chemical company Perstorp plans to build a new plant in India’s Gujarat state to produce Pentaerythritol (Penta). The world-scale, greenfield facility’s output...

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BASF invests $4 million in AgVentures II Fund

19.11.2019 - As one of the main participants, BASF Venture Capital has invested $4 million in the first closing of the Brazilian AgVentures II fund managed by São Paulo-based SP Ventures. The...

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Chemetall Completes German Site Expansion

18.11.2019 - Chemetall, the global surface treatment unit of BASF’s coatings division, has inaugurated a new laboratory and office building in Langelsheim, Germany, completing the expansion of...

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Aramco Valuation Misses Prince’s Target

18.11.2019 - As it prepares for an initial public offering, Saudi Arabia has assigned a preliminary valuation of state-owned oil group Aramco, spanning a range of $1.6 -$1.71 trillion. This is...

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EP Extends Objection Window for TiO2 Classification

15.11.2019 - The European Parliament’s Environment committee (ENVI) has reportedly extended by two months the window for objections to the classification of titanium dioxide in inhalable powder...

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Merck & Co Sheds more than 200 French Jobs

15.11.2019 - US Merck & Co. is eliminating 200 manufacturing and R&D jobs in France as part of a $1.2 billion worldwide restructuring of operations. The axe will fall on 101 production and 106...

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Lanxess Sells Organometallics to PMC

15.11.2019 - German specialty chemicals company Lanxess has agreed to sell its organometallics business to US chemicals firm PMC Group. Financial terms were not disclosed. PMC’s European...