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Kemira sets over EUR 20 million savings target in Finland
(05 Aug 2008)
Kemira has launched a group-wide global savings program to improve the profitability. Kemira aims to save more than EUR 50 million per annum, of which more than EUR 20 million is planned to come from Kemira's Finnish operations. Cost-reduction ......
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Kemira and European Investment Bank (EIB) signed EUR 100 million research and development loan agreement
(10 Jun 2008)
Kemira Oyj and the European Investment Bank (EIB) have signed today on June 6, 2008, a EUR 100 million 12-year research and development loan agreement. Loan can be raised within 18 months after signing. The European Investment Bank has ......
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Brenntag reports record results for 2007
(03 Apr 2008)
Brenntag finished 2007 with record results. With an increase of 9%, the company's 2007 revenues climbed to EUR 6.7 billion (US$ 9.1 billion). Earnings before interest, taxes, depreciation and amortization (operating EBITDA) increased by 14%. ......
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Akzo Nobel to Begin Share Buyback Program
(18 Mar 2008)
Akzo Nobel will start a share repurchase program of up to EUR1 billion, as a first tranche of the previously announced EUR3 billion share buyback program. At the current share price, this first tranche represents approximately 7.5 percent of ......
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Wacker expects record sales and earnings for 2007
(15 Feb 2008)
According to its preliminary business results for fiscal 2007, Wacker Chemie AG saw another record year in terms of sales and earnings. The Munich-based chemical company boosted its sales by 13 percent to EUR3.78bn (2006: EUR3.34bn), thanks ......
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BASF buys back shares for EUR1.9 billion in 2007
(23 Jan 2008)
In 2007, BASF bought back shares for EUR1.9 billion as part of its ongoing share buyback program. A total of approximately 21.5 million shares were repurchased at an average price of EUR88.35. This corresponds to 4.3 percent of the company's ......
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BASF Venture Capital invests in North American investment fund ARCH Venture Fund VII
(12 Dec 2007)
BASF Venture Capital America Inc., Fremont, CA, has invested in ARCH Venture Fund VII - a venture capital fund managed by ARCH Venture Partners, Chicago, IL. ARCH invests at a very early stage in start-up companies from the material science, ......
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Reaxa Completes Second Round Funding
(28 Nov 2007)
Catalyst technologies company Reaxa has completed second round financing for the next stage of its commercial expansion programme. The Manchester-based company received Venture Capital from the North West Business Investment Scheme managed by ......
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Drägerwerk invests in efficiency and innovation
(14 Nov 2007)
Medical business in US impacts earnings
"We will invest substantially in research and development in 2008 in order to extend our position as a technology and innovation leader". This statement was made by Stefan Dräger, Chairman of the Executive Board of Drägerwerk AG. Better use ......
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LANXESS plans to buy back EUR 50 million in shares
(15 Aug 2007)
The Management Board of LANXESS AG decided to repurchase shares of the company up to the value of EUR 50 million in the third quarter of 2007. The shares are to be retired and therefore the earnings per share will increase. A securities trading ......
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