China’s commerce ministry said on Tuesday it has granted conditional regulatory approval to the proposed $25 billion merger between fertilizer companies Agrium Inc (AGU.TO) and Potash Corp of Saskatchewan Inc PTO.TO...
Tata Chemicals to sell Haldia fertiliser business for Rs 375 crore
Tata ChemicalsBSE -0.80 % today said its board has approved sale of its Haldia fertiliser unit in West Bengal to Netherlands-based Indorama Holdings BV for Rs 375 crore. In a regulatory filing, the company said its...
SRF acquires hydrofluorocarbon refrigerant from Mexichem for $10 million
Gurgaon based SRF Ltd, a chemical based multi-business entity that manufactures refrigerants in India has entered into a definitive agreement with global major Mexichem to acquire HFC 125, a hydrofluorocarbon...
Activist investors scupper $20 billion Clariant-Huntsman merger
Swiss speciality chemicals maker Clariant and U.S. group Huntsman abandoned their $20 billion merger on Friday, notching a win for activist investors who fought the deal for months on the grounds it would destroy...
China’s Sinochem says no plans to bid for stake in Chilean lithium producer SQM
China’s state-owned Sinochem Group on Tuesday appeared to deny a media report that it was bidding for a stake in Chilean lithium producer SQM being sold by Canada’s PotashCorp. “Up until now, neither Sinochem Group nor...
Australia’s Nufarm to buy European crop protection portfolio for $490 milliom
Agricultural chemicals maker Nufarm Ltd (NUF.AX) said it would buy a range of European crop protection product lines for $490 million to strengthen its position in Europe where it generates its highest crop protection...
Tata Chemicals in talks with Indorama to sell Haldia unit for Rs 400-500 crore
Tata ChemicalsBSE -0.92 % has said it is in advanced talks with the Netherlands-based Indorama Holdings BV to sell its Haldia fertiliser unit in West Bengal for Rs 400- 500 crore. Indorama Holdings is a subsidiary of...
Bayer sells 9.4% stake in Covestro for 1.2 bn euros
German drugs and pesticides group Bayer has further reduced its holding in Covestro to 31.5 per cent from 40.9 per cent by selling 19 million shares in the plastics business for a total of 1.2 billion euros ($1.4...
DowDuPont alters post-merger breakup plans amid investor pressure
DowDuPont, formed through the merger of chemical giants Dow Chemical and DuPont, is shifting some operations in the three units it plans to create, potentially averting a prolonged fight with activist investors over its...
India, China regulators ask Potash to sell stake for Agrium merger
Fertilizer companies Agrium Inc and Potash Corp of Saskatchewan Inc said on Thursday they were notified by regulators in India and China to divest Potash’s offshore interests for their merger approval. Neither companies...
Dow, DuPont complete planned merger to form DowDuPont
Dow Chemical Co and DuPont said on Friday the companies had successfully completed their planned $130 billion merger to form DowDuPont. Shares of DuPont and Dow stopped trading at the close of Aug. 31 and will now...
Dow Chemical plans to boost stake in Sadara JV to 50 pct
U.S. company Dow Chemical plans to buy an additional 15 percent stake in its $20 billion joint venture with Saudi Aramco, the companies said on Monday. Dow, which owns a 35 percent stake in Sadara Chemical, said it had...
