Keyword: Elaine Burridge

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Axalta Launches Strategic Review

21.06.2019 - US coatings company Axalta has initiated a comprehensive review of strategic alternatives, including a potential sale. Its board of directors has formed a strategic review...

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Covestro Sells PU Systems to H.I.G. Capital

20.06.2019 - Germany’s Covestro has agreed to sell its European polyurethanes systems houses business to private equity group H.I.G. Capital as part of its divestment of non-core assets. The...

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Shell Fined for Moerdijk Explosion

19.06.2019 - A Dutch court has fined Shell €2.5 million following an explosion and fire at its Moerdijk complex on Jun. 3, 2014 that injured two workers. The accident occurred in the reactor of...

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BASF and Lutianhua Partner on DME

19.06.2019 - BASF and China’s Sichuan Lutianhua Co. have signed a Memorandum of Understanding (MoU) to co-develop a pilot plant to produce dimethyl ether (DME) from syngas with significantly...

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OCI and ADNOC Merge Fertilizer Operations

18.06.2019 - Dutch fertilizer and industrial chemicals group OCI and Abu Dhabi National Oil Company (ADNOC) are to partner their fertilizer operations in the Middle East and North Africa (MENA)...

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Boehringer and Gubra Link on Obesity

17.06.2019 - German drugmaker Boehringer Ingelheim and Danish biotech Gubra have announced a second collaboration and license agreement to develop novel poly-agonist peptides to treat obesity...

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ExxonMobil and SABIC OK US Cracker

17.06.2019 - ExxonMobil and partner SABIC have decided to proceed with the construction of a chemical complex in San Patricio County, Texas, USA. The companies formed a joint venture last year...

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Superior Plus Seeks Sale of Specialty Chemicals

14.06.2019 - Canada’s Superior Plus is considering selling its specialty chemicals business, which trades as ERCO Worldwide, as it seeks to become a pure play energy business focused on retail...