Keyword: portfolio

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Eastman Completes Sale of Performance Polymers PET Business

02.02.2011 - Eastman has completed the previously announced sale of its Performance Polymers segment's PET business, related assets, and technology to DAK Americas. The total cash proceeds of...

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DayStar Materials Joint Venture Formed by Chemtura, UP Chemical

02.02.2011 - Chemtura and UP Chemical announced the formation of DayStar Materials, a joint venture company which will manufacture and sell high-purity metal organic precursors for the rapidly...

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Wanhua Takes Full Control of Hungary's BorsodChem

02.02.2011 - China's Wanhua Industrial Group has acquired full control of Hungarian isocyanate maker BorsodChem by exercising a call option, Wanhua said on Tuesday. "The integration of...

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Karl-Ludwig Kley: Merck KGaA May Sell Non-Prescription Drugs Business

01.02.2011 - Germany's Merck KGaA may sell its non-prescription drugs business, the group's chief executive told the Financial Times, in the latest sign of change at the family-controlled drugs...

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Novartis CEO Joe Jimenez: Animal Health Acquisition Makes Sense

31.01.2011 - A bolt-on acquisition in animal health would "make a lot of sense" for diversified Swiss drugmaker Novartis, its chief executive said on Friday. Novartis, which last month wrapped...

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M&A Is Back As CEOs Start To Put Cash To Work

31.01.2011 - Dealmaking is back on the agenda as CEOs step up the hunt for ways to put a multitrillion-dollar cash pile to work, triggering the busiest January for M&A in 11 years. There is...

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Lanxess' DSM Deal Under Closer Antitrust Scrutiny

31.01.2011 - Germany's antitrust watchdog said it started a more detailed probe into the planned takeover of DSM's Elastomers unit by Lanxess, the world's largest synthetic-rubber company. "We...

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Lubrizol Buy's Nalco Personal Care Unit

27.01.2011 - Specialty chemical maker Lubrizol is paying $166 million for rival Nalco's personal care business, which makes ingredients for hair, skin and home care products, the companies said...