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26-Oct-2005 - Degussa AG, Dusseldorf, is selling its subsidiary ESM Group Inc. (ESM), Amherst, NY, to the US American financial investment company Platinum Equity, Los Angeles. The purchase price is 55 million US dollars (46 million euros). The transaction is subject to the approval of the relevant regulatory ...
26-Oct-2005 - Lorestan Petrochemical Company and Mahabad Petrochemical Company, affiliates of Iran's National Petrochemical Company (NPC), have both selected Basell's Spherilene technology for the new LLD/HDPE swing plants they intend to build in Iran. The Lorestan Petrochemical plant will be built in ...
Project at Antwerp On-track; Future HPPO Project Opportunities in Asia Studied
26-Oct-2005 - The Dow Chemical Company and BASFreport that their cooperative efforts to commercialize the jointly-developed HPPO (hydrogen peroxide route to propylene oxide) technology are progressing as anticipated. Construction of the first world-scale plant utilizing the new technology is on-track to begin ...
26-Oct-2005 - Merck KGaA announced that the Supervisory Board of Merck KGaA has elected Prof. Dr. Wilhelm Simson as its new Chairman. On January 1, 2006 he will succeed Peter Zühlsdorff, who will remain a member of the Supervisory Board. Simson, 67, has been a member of the Supervisory Board since April ...
26-Oct-2005 - BASF Innovationsfonds GmbH, Ludwigshafen, has sold its 14 percent shareholding in DENC AG, Darmstadt, as part of a takeover of DENC by the U.S.-based company PTC (Parametric Technology Corporation), Needham, Massachusetts. BASF Innovationsfonds is also being repaid the loans it gave to DENC in ...
25-Oct-2005 - Due to drastic increases in the costs of energy and raw materials, Degussa AG, Dusseldorf, is planning further price increases worldwide for many of its products. Degussa Management Board Chairman Prof. Utz-Hellmuth Felcht comments: "We have so far tried to absorb these increases in particular ...
Corporate Responsibility Report 2005 published
25-Oct-2005 - With its Corporate Responsibility Report 2005 published, Linde has for the first time provided a Group-wide account of its commitment to the four strategic areas of action: the Environment, Human Resources, Society, and the Capital Market. From now on, the Corporate Responsibility Report will be ...
25-Oct-2005 - NOVA Chemicals Corporation announced that it intends to issue $300 million of senior floating rate notes due 2013 in a private offering. The Company plans to use the net proceeds of the offering to repay obligations under its accounts receivable securitization programs. The balance of the ...
Klaus Welsch succeeds Claus Illing as Director of Regional Business Unit Europe
25-Oct-2005 - Following nearly 40 years at BASF and more than 16 years at the BASF Agricultural Products division, Claus Illing, Director of Regional Business Unit Agricultural Products Europe, will retire during the first quarter of 2006. Illing was instrumental in building the Agricultural Products division ...
25-Oct-2005 - Celanese Acetate announced that it would increase the price of acetate tow in standard grades by 12 percent per kilogram in all regions. Price increases are effective January 1, 2006 and subject to existing contract conditions. Pricing for premium and specialty grades will be increased by a ...
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