Keyword: Elaine Burridge

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Perstorp Switches Investors, Gains Funds

27.09.2018 - French private equity group PAI Europe has transferred Swedish specialty chemicals company Perstorp from its IV fund to a new fund managed by PAI Partners with US-based Landmark...

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Ineos Takes Intermediates from Flint Hills

27.09.2018 - Ineos Enterprises has entered into a binding agreement to buy the chemical intermediates business of Flint Hills Resources, a wholly owned subsidiary of Koch Industries, said to be...

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China Picks JM/Eastman MEG Process

27.09.2018 - Chinese company Inner Mongolia Jiutai New Material has selected Johnson Matthey’s and Eastman Chemical’s newly developed Davy MEG technology for a 1 million t/y plant. The Davy...

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Caldic Boosts Food Ingredients with US Buy

27.09.2018 - Dutch specialties distributor Caldic has acquired Cooperative Purchasers, a leading distributor of food ingredients in the USA. Financial terms were not disclosed. Based in Vernon...

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Novartis Cuts Swiss Jobs, Exits Grimsby Site

27.09.2018 - Drugmaker Novartis has announced plans to cut around 2,200 jobs in Switzerland and exit its site in Grimsby, UK, as it transforms its global manufacturing network and product...

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Linde, Praxair Offload More US Assets

25.09.2018 - Linde and Praxair are said to be inching closer to gaining US regulatory approval for their merger as they look to sell additional assets to Messer Group and CVC Capital Partners...

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Rehau and MB Barter & Trading to Merge

23.09.2018 - Swiss polymer companies Rehau Verwaltungszentrale and MB Barter & Trading have agreed a merger of equals, combining their operations in a new, independent company with sales of $2...

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Clariant Takes SABIC’s Occhiello as CEO

23.09.2018 - Clariant has named SABIC’s specialties executive vice president Ernesto Occhiello as CEO following the Saudi giant’s acquisition of a 24.99% stake in the Swiss company. The deal...