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08-Nov-2005 - Rhodia announced the signature of an agreement for the sale to the US Hexion Specialty Chemicals Group of its Latex business activities (latex dispersions & powders and organic foam control agents). The divestment is expected to be completed by the end of this year once all the necessary legal ...
08-Nov-2005 - Celanese Corporation resolved in a regular meeting of its Board of Directors to start the squeeze-out of outstanding Celanese AG shares. As previously announced Celanese Europe Holding GmbH & Co. KG, a subsidiary of Celanese Corporation, now holds around 98% of issued shares of Celanese AG (CAG), ...
07-Nov-2005 - The acquisition of Leuna-Miramid GmbH, Leuna, Germany by BASF Aktiengesellschaft was completed November 1, 2005. The regulatory authorities issued their unconditional approval of the transaction. Leuna-Miramid specializes in the production and compounding of engineering plastics. With this ...
07-Nov-2005 - GlaxoSmithKline announced a new $1.8 million program to improve and scale up HIV/AIDS healthcare services at 60 facilities in Kenya. The program, a collaboration with AMREF (African Medical and Research Foundation), Elizabeth Glaser Pediatric AIDS Foundation and the National Empowerment Network ...
04-Nov-2005 - In May 2005, it was announced that INEOS had decided to evaluate options to divest its INEOS Silicas subsidiary. A number of interested parties made firm offers, but these fell short of the value which INEOS places on the business. Consequently, in September 2005, the evaluation process was ...
04-Nov-2005 - Effective October 31, 2005, Brenntag, global leader in the growth market for the distribution of chemicals, has aquired 100% of the outstanding shares of Quadra Chemicals Inc., distributor of industrial and specialty chemicals in the USA. The company was founded in 1991 and grew significantly as ...
Carve-out of LANXESS Fine Chemicals is under way
04-Nov-2005 - The Fine Chemicals business unit achieves economic independence next year as a separate legal entity - with a new name, a new alignment and a new business model. "Starting in the second quarter of 2006 we will market our fine chemicals expertise throughout the world under the name Saltigo, which ...
03-Nov-2005 - Orica Limited announced, in conjunction with joint venture partner Exxon Mobil, that a binding Heads of Agreement has been signed to sell Qenos to China National Chemical Corporation. Details around the commercial terms of the sale agreement are subject to confidentiality. The sale is subject to ...
03-Nov-2005 - Danisco sells part of Genencor's Health Care activities to Cambridge Antibody Technology (CAT) for USD 14 million. On closing, Danisco will hold USD 14 million in shares in CAT subscribed at market price. The CAT shares that Danisco will receive are free of any restrictions. The transaction is ...
03-Nov-2005 - Eka Chemicals, a business unit of Akzo Nobel, will build a new plant for production of paper chemicals in Guangzou, Guandong province in the south of China. The new operation is scheduled to come on-line by the fourth quarter 2006. The investment amounts to more than 4 mEUR. This additional ...
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