Keyword: portfolio

News

Solvay to sell its stake in Solvay Indupa to Braskem

18.12.2013 - Solvay announces today it has signed a binding agreement with Braskem, Brazil's leading PVC producer, to sell its 70.59% stake in Solvay Indupa. This transaction comes after Solvay...

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Sartorius closes acquisition of TAP Biosystems Group

18.12.2013 - Sartorius, a leading international laboratory and pharmaceutical equipment provider, successfully completed its acquisition of UK company TAP Biosystems Group plc last Monday. The...

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Clariant Plans to Buy Indian Masterbatch Producer

17.12.2013 - The Indian subsidiary of Swiss specialty chemicals group Clariant plans to acquire Indian masterbatch producer Plastichemix Industries for around $21.7 million, making it a leading...

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Kemira to Sell Danish Distribution Business to Brenntag

10.12.2013 - Finnish water treatment chemicals specialist Kemira has agreed to sell its Danish distribution business with hydrochloric acid, sulfuric acid and caustic soda as well as solvents...

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Germany’s Allessa to Cut a Third of the Workforce

06.12.2013 - Allessa, the Frankfurt, Germany-based fine chemicals producer sold to private equity investor International Chemical Investors (ICIG) for an undisclosed sum in October, plans to...

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Lanxess Narrows 2013 Guidance After Weak Q3

14.11.2013 - After a 26% plunge in EBITDA to €187 million in the third quarter, German specialty chemicals producer Lanxess has narrowed its guidance for full year 2013. The company now expects...

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Klesch Awards German Refinery Supply Deal To Barclays

12.11.2013 - Swiss industrial group Klesch has agreed that Barclays will supply crude oil to its German refinery in a deal worth hundreds of millions of dollars a month that boosts the bank's...

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Saudi Chemical Producers in Advanced Merger Talks

05.11.2013 - Plans for a merger between Saudi International Petrochemical Company (Sipchem) and Sahara Petrochemical are at an advanced stage, the two Saudi Arabian chemical producers said...