Business digest
Neil Eisberg Eastman Chemical (Kingsport, Tennessee, US) has reported record Q3 sales revenues of $1.82bn (€1.56bn), up 10% on Q3 2004. Operating earnings were $198m, compared with $73m in 2004....
Business Digest
Neil Eisberg German chemicals major BASF, based in Ludwigshafen, is acquiring Leuna-Miramid, of Leuna, Germany, and strengthening its European position in engineering plastics. Leuna-Miramid was...
Business digest
Neil Eisberg Two of the UKs major private sector forensic science service companies are to merge as a result of LGCs acquisition of Forensic Alliance, which has laboratories in Culham, Oxfords...
Business digest
Neil Eisberg Altana Chemie, the speciality chemicals division of German-based pharmaceuticals and chemicals group Altana, is acquiring the metallic pigments and inks concern Eckart, of Furth, Ge...
Business digest
Neil Eisberg Informex, the annual US speciality and fine chemicals exhibition, has been sold for $24m by the Synthetic Organic Chemical Manufacturers Association to CMP Information, a division o...
Business Digest
Neil Eisberg UK pharma major GSK is acquiring US privately held pharma concern Reliant Pharmaceuticals for $1.65bn. Reliant, which reported a 62% increase in sales to reach $341m over the first nine m...
Business Digest
Air Products is selling its high-purity process chemicals (HPPC) business, acquired in 2003 as the electronic chemicals business of Ashland Chemicals, to KMG Chemicals. The deal includes a production ...
Business Digest
Neil Eisberg Nycomed is acquiring niche US therapeutics firm Bradley Pharmaceuticals for $346m in a move designed to strengthen its PharmaDerm division. The deal is expected to be completed during Q1 ...
Business Digest
Neil Eisberg Ineos and The Carlyle Group have agreed to combine US speciality chemical firm PQ Corporation, acquired by Carlyle in July 2007, with Ineos Silicas to form a joint venture with Carlyle ho...
Business Digest
Mark Whitfield Borealis has announced operating profits of €353m in 2006, up from €236m in 2005, with sales increasing by 19% to €5.7bn in the same period. It also said that it plans to constru...