Keyword: divestment

News

Ineos Styrolution Confirms Decision to Not Restart Sarnia Site

25.10.2024 -

Ineos Styrolution, a supplier of styrenics materials, recently confirmed it will not restart its styrene monomer production site in Sarnia, Ontario, Canada, which has...

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Teva Intends to Divest API Business

02.02.2024 -

Israeli generics manufacturer Teva Pharmaceuticals intends to divest its active pharmaceutical ingredient (API) business, Teva API (TAPI). A standalone business unit of...

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TotalEnergies and SABIC Consider Selling US Chemical Plant

22.11.2023 -

Major French oil company TotalEnergies SE and Saudi Basic Industries Corp. (SABIC) are considering selling a jumbo US plant that produces styrene and polystyrene, used in...

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Yara to Divest Fertilizer Business in Ivory Coast

13.11.2023 -

Yara has decided to divest its fertilizer import and distribution subsidiary in Ivory Coast. The move follows a thorough analysis of the company’s operations, considering...

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Sandoz Spin-off from Novartis to Start on October 4, 2023

25.09.2023 -

Novartis today confirmed the plan to spin off 100% of its generic drugs arm Sandoz, with trading of the new company’s shares as well as ADRs (American Depositary Receipts...

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DuPont to Divest Majority Stake in Delrin Business to TJC

23.08.2023 -

DuPont has agreed to sell an 80.1% ownership interest in the Delrin acetal homopolymer (H-POM) business to private equity company TJC in a transaction valuing the...

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Lanxess to Sell Chrome Chemicals to Brother

14.08.2019 - German specialty chemicals producer Lanxess is selling its chrome chemicals business to Chinese leather chemicals company Brother Enterprises for an undisclosed sum. The agreement...

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Huntsman to Sell Intermediates to Indorama

12.08.2019 - US chemical producer Huntsman has agreed to sell its chemical intermediates businesses to Thailand-based global polyester market leader Indorama Ventures for nearly $2.1 billion...