Companies, technology & environment
The US Federal Trade Commission has intervened in the 2007 acquisition of the oxidate assets of The Lockhart Company by Lubrizol, which it contends violated antitrust laws and lessened competition in ...
Business digest
Neil Eisberg Dutch chemical major AkzoNobel is selling its 75% stake in the pure terephthalic acid (PTA) activities of its Chemicals Pakistan business, acquired through its 2008 acquisition of ICI,...
Business Digest
Neil Eisberg Austrian petrochemicals producer Borealis has reported Q1 2007 revenues of €1.5bn, up from €1.3bn in the same period in 2006, to give a net profit of €127m, up from €31m. Ineos Chl...
BUSINESS DIGEST
Neil Eisberg Swiss specialty chemical group Clariant has sold its custom manufacturing business to International Chemical Investors for an undisclosed transaction value. The business had 2006 sa...
Business Digest
Neil Eisberg German chemicals and lifescience major Bayer is to follow in the footsteps of sister German chemical major BASF by filing to delist from the New York Stock Exchange, and deregistering fro...
Business Digest
Neil Eisberg Swiss pharma concern Nycomed (Zurich) has been relaunched following the integration of Altana Pharma with a new corporate logo. Integration of the two businesses is expected to be complet...
Business Digest
Neil Eisberg UK headquartered Elementis saw underlying sales rise by 5% to reach £197.7m. However, this included the results of the company’s pigments business, now classified as discontinued followin...
Business Digest
Neil Eisberg Jinhong Rohm & Haas (JinHaas), the 51:49 joint venture between US specialty chemicals concern Rohm & Haas and Chinese firm Weihai Jinhong Polymer announced in December 2006, has begun for...