Keyword: Solvay

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Solvay Q2 Operating Profit Jumps; Upbeat On Plastics

29.07.2010 - Belgium's Solvay, seeking acquisitions, rode rising plastics volumes to a 143% jump in quarterly operating profit from its plastics and chemicals units and said it expected...

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Abbott Looks to Sell its Flu Vaccine Unit

30.06.2010 - Abbott Laboratories is exploring the sale of its flu vaccine unit acquired as part of its purchase of Solvay's drugs unit. "Abbott is exploring the option to potentially sell the...

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Solvin and Arkema Buy Back Holdings in Vinyls Production JV

28.06.2010 - Arkema and SolVin (a joint venture between Solvay and BASF) have decided to each buy back the minority cross-holdings in the vinyls joint venntures, effective July 1. This affects...

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Plastic Omnium To Buy Solvay Stake In Fuel Tank JV

17.06.2010 - Belgian drugs, chemicals and plastics maker Solvay is selling its entire stake in auto fuel systems supplier Inergy Automotive Systems to joint venture partner Plastic Omnium, it...

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Cognis Indicates Fair Value May be €3.4 Billion

27.05.2010 - With suitors circling German chemicals maker Cognis, according to sources, the company's finance chief gave them a price tag its private equity owners might have in mind to wrap up...

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Update: Cognis Sale Heats Up As Lubrizol Joins Fray

14.04.2010 - U.S specialty chemicals maker Lubrizol has joined other potential bidders in talks to buy German additives group Cognis , a source close to the matter told Reuters. The Financial...

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Abbott Completes Acquisition of Solvay Pharmaceuticals

18.02.2010 - Abbott has completed its €4.5 billion acquisition of Belgium-based Solvay Pharmaceuticals. The acquisition gives the U.S.-based healthcare company a large and complementary...

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Solvay Reports Improved Operating Results for Q4 2009

18.02.2010 - Solvay's operating result in the fourth quarter of €313 million was up from €125 million last year in every sector of activity; for the year overall, the decrease was limited to 6%...