Avecia completes sale of its Electronic Materials businesses

20-Feb-2006 - Avecia announced that it has completed the sale of its Electronic Materials businesses (Ink jet and Electrophotography) to FUJIFILM, having obtained all necessary approvals. This successfully concludes a sale agreement previously announced on 26th December 2005. The disposal includes all Avecia ...

Dow Named One of "Germany's Best Employers"

17-Feb-2006 - The "Great Place to Work®" Institute of Germany has recognized Dow as one of the Top 50 German employers of 2006. 165 companies participated in a benchmark study to identify "Germany's Best Employer 2006". The ranking list is split into three categories according to the number of employees in ...

PLIVA Acquires Uso Racional in Spain

17-Feb-2006 - PLIVA d.d. announced that an agreement has been signed with Novartis' generics division, Sandoz, for the purchase of its Spanish subsidiary Uso Racional S.L (UR) for a total cash consideration of EUR 21.5m. With expected sales of about EUR 12m in 2006, UR represents a well known and established ...

Dynea in new resins joint-venture in Central Russia

17-Feb-2006 - Dynea Oy (Finland), ZAO MetaDynea (Russia) and JSC Karbolit (Russia) will build a state-of-the-art resin plant at Karbolit's production site in Orekhovo-Zuevo in the Moscow region. The new company, OOO Karbodin will ensure the availability of high quality resins in the central region of ...

Degussa negotiates with BASF on sale of Construction Chemicals activities

16-Feb-2006 - At its meeting on December 13, 2005, the Supervisory Board of Degussa AG, Dusseldorf, authorized the Degussa Management Board to examine the sale of the activities that are grouped in the Construction Chemicals reporting segment. On February 6, 2006, the Degussa Management Board decided to enter ...

KV Pharmaceutical Company to market new generic drugs in U.S. via exclusive deal with Gedeon Richter

16-Feb-2006 - KV Pharmaceutical Company and Gedeon Richter, Ltd. announced that KV Pharmaceutical Company has acquired exclusive rights from Gedeon Richter, Ltd. to market a broad group of generic drug products in the U.S. marketplace through KV's wholly-owned generic marketing division, ETHEX ...

Mitsui Chemicals and Idemitsu Kosan Establish Business Alliance in OLED Materials Business

16-Feb-2006 - Mitsui Chemicals, Inc. (MCI) and Idemitsu Kosan Co., Ltd. (Idemitsu) have reached the agreement to establish a business alliance in R&D and manufacturing of OLED (Organic Light Emitting Diode) materials. MCI and Idemitsu continually examine to strengthen business areas in common, taking occasion ...

PLIVA Successfully Completes Exit from Proprietary Business

16-Feb-2006 - PLIVA d.d. announced a deal in which it has reached agreement with GlaxoSmithKline (GSK) for the purchase of PLIVA - Istrazivaki Institut d.o.o. (PLIVA - Research Institute Ltd.), PLIVA's proprietary R&D arm renowned for its research into macrolides, in Zagreb, Croatia. In May 2005, PLIVA ...

Akzo Nobel divests Polymerization Catalysts

15-Feb-2006 - Akzo Nobel has signed an agreement to divest its Polymerization Catalysts & Components Business in the United States to Basell Polyolefins. The deal includes the catalyst manufacturing business and other assets located at the company's site in Edison, New Jersey. The business had a turnover of ...

Significant Rise in Coatings Production and a Healthy Economy Drives Demand for Paint Additives

Upgrades in Coatings Formulations Broaden the Scope of the Paint Additives Market

15-Feb-2006 - Reflecting the trend in the European and the U.S. paint/coatings market, there has been a slow but perceptible shift from solvent to water-based or high-solid coatings in China. This augurs well for the paint additives market, since more additives with various functions will be required to ...