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BASF completes divestiture of paper hydrous kaolin business


BASF has closed the previously announced transaction to divest its global paper hydrous kaolin (PHK) business to Imerys, a producer of mineral-based specialty solutions for industry, based in Paris, France. Under a tolling agreement of limited duration, BASF will continue to manufacture and ...


Elkem and Bluestar Silicones International join forces


Elkem and Bluestar Silicones International announce their formal integration into one company. This development builds on the already close relationship between the two entities through the silicone value chain. The main aim of legal and financial integration is to position the Company for ...


Arkema announces a project to divest its Sunclear subsidiary


Arkema plans to divest its Sunclear subsidiary, its plastic and aluminium sheet distribution business, to BF Invest, a historical commercial partner of Sunclear. This project is consistent with its program to divest €700 million sales aimed at pursuing the Group’s strategy to refocus on its core ...


Vencorex has a new distributor in Central Eastern Europe for aliphatic isocyanates


Vencorex announced that it has selected RAVAGO Chemicals as new distributor for Central Eastern Europe (excluding Poland) for Tolonate™ and Easaqua™ ranges of aliphatic isocyanates used in polyurethane applications. “In order to support Vencorex long term strategic ambitions, we are enhancing our ...


Arkema announces the acquisition of Oxido


Arkema continues to strengthen its High Performance Materials segment with the acquisition of Oxido, finalized on 2 March 2015. This company specializes in the formulation of organic peroxides used in the crosslinking of rubber and plastics, as well as initiators for polyester resins and ...


Arkema finalizes the acquisition of Bostik


Arkema finalized the acquisition of Bostik. With this acquisition, the Group reaches a new milestone in its developmen. Bostik’s growth prospects and the complementarities identified between the two groups will sustain the success of this high value creating project.With the acquisition of ...


LUM GmbH opens own application laboratory in Paris


The new application lab of LUM GmbH opened in Plaisir, a Western suburb of Paris, on October, 1st 2014. „The opening of the application laboratory is the next logical step in the further development of the French market for LUM products as well as for the optimum customer service in France. It is ...


Borealis divests joint-ownership share in LeHavre urea production plant and relatedammonia storage facility


Borealis announced that its French subsidiary Borealis Chimie divests its joint-ownership share in the Le Havre urea production plant and related ammonia storage facility at Gonfreville l'Orcher, France. Following the divestment, the plant and related storage facility will be fully owned by Yara ...


Novasep appoints Udo Steinhauer as fine chemicals market director


Novasep announces it has strengthened its position in the fine chemicals marketplace with the appointment of Udo Steinhauer as fine chemicals market director within the synthesis business unit of Novasep. Udo Steinhauer has a strong industrial experience gained over 18 years in diverse managerial ...


IEA releases February Oil Market Report

Report slightly lowers estimate of 2013 global oil demand following IMF move


Crude oil futures breached nine-month highs in early February, propelled by stronger economic signals from China and the United States, robust financial market activity and cold weather in the Northern Hemisphere, the IEA said in its February Oil Market Report. The report slightly lowered its ...


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