Business Digest
Neil Eisberg Bayer MaterialScience (Leverkusen, Germany) is acquiring Ure-Tech, the Taiwanese thermoplastic polyurethane producer (TPU). Ure-Tech is the largest TPU producer in the Asia-Pacific ...
Business Digest
Neil Eisberg As part of its strategy to focus on businesses with global leadership, French chemical producer Rhodia (Paris) is selling its sodium tripolyphosphate business at its Huelva, Spain, ...
Business Digest
Neil Eisberg UK speciality chemicals concern ICI is acquiring the fragrance business of Shaw Mudge for an undisclosed price. Headquartered in Connecticut, Shaw Mudge had sales of $19m (€15.9m) i...
Business Digest
Neil Eisberg Indian pharmaceuticals major Ranbaxy Laboratories has made a number of acquisitions to broaden its generics business. It has acquired Belgian generics producer Ethimed to lead its o...
Business Digest
Neil Eisberg As C&I went to press, the $37/share cash tender offer that German chemical major BASF had extended from 14 April until 28 April for US-based catalyst and materials science concern E...
Business Digest
Neil Eisberg US diversified life sciences company Cambrex reported a loss of $129.2m in 2005, compared with a $26.9m loss in 2004. This poor performance was despite a 2.9% sales increase in 2005...
Business Digest
Neil Eisberg US agribusiness and biodiesel producer Cargill has taken a 25% share in Greenergy Biofuels, the UK firm building a biodiesel facility at Immingham, Humber-side. Cargill has been wor...
Business Digest
Mark Whitfield UK speciality catalyst, precious metals and chemicals company Johnson Matthey has acquired Davy Process Technology (DPT) for £40m ($70m) from Russian oil and petrochemicals group ...
Business Digest
Neil Eisberg Swiss fine chemicals and biotech company Lonza is selling its holding in LOFO High Tech Film (Weil am Rhein, Germany) to Shinkong Synthetic Fibers, headquartered in Taipei, Taiwan, ...
Business Digest
Bayer has succeeded in its protracted takeover bid for Schering after competing bidder Merck finally agreed to let Bayer acquire its 21.8% stake in the company. The deal, the largest undertaken ...