KPS Capital Partners recently explored a bid for UK specialty chemicals maker Elementis but has since paused its work, two people familiar with the matter told Reuters. The New York-based private equity firm in December...
PCBL gets CCI approval to acquire Aquapharm Chemicals
Anti-trust regulator CCI has approved speciality chemicals major PCBL Ltd’s proposed acquisition of a 100 per cent stake in Aquapharm Chemicals, according to a notice. The Competition Commission of India (CCI) has...
Artek buys Kemira’s oil & gas business
Mumbai-based Artek Group has acquired Finnish chemicals company Kemira’s oil and gas business for $280 million, according to a company statement. Artek has acquired the asset through its US-based subsidiary Sterling...
Best Agrolife acquires 99% stake in Kashmir Chemicals
Agri input manufacturing company Best Agrolife Ltd. (BAL) has made a strategic investment in Kashmir Chemicals and acquired a 99% stake in the company. This move is aimed at expanding its manufacturing capacity in...
PCBL to acquire Aquapharm Chemicals for Rs 3,800 crore
Philips Carbon Black (PCBL) approved the acquisition of Aquapharm Chemicals Private Limited for an aggregate of Rs 3,800 crore, the company said in an exchanges filing. “In furtherance of such approval, the...
UPL to hive off specialty chemicals biz to arm
Mumbai-based UPL Ltd, will hive off its specialty chemicals business on a slump sale basis to wholly-owned arm UPL Speciality Chemicals Ltd for ₹3,572 crore. UPL expects to close the transaction within 3 to 4 months of...
British chemical firm Ineos nears deal to buy Sika assets – Bloomberg News
British chemical firm Ineos is nearing a deal to buy assets being sold by Sika AG to appease antitrust regulators, Bloomberg News reported on Sunday, citing people familiar with the matter. In December, Sika and Germany...
Dorf Ketal acquires Canadian chemical company’s speciality portfolio
Mumbai-based speciality chemicals company Dorf Ketal Chemicals, through its wholly-owned subsidiary Dorf Ketal FZE, has acquired Canada’s Fluid Energy Group’s global modified and synthetic acid business...
CCI approves Brookfield’s minority stake buy in UPL Sustainable Agri Solutions Ltd
The Competition Commission of India (CCI) on Tuesday said it has approved Woodhall Holdings Ltd’s acquisition of a minority stake in UPL Sustainable Agri Solutions Ltd (UPL SAS). The deal has been cleared under...
DuPont scraps $5.2 bln Rogers buyout due to China hurdles
Chemicals maker DuPont De Nemours Inc said on Tuesday it was ending its $5.2 billion buyout of Rogers Corp, the first collapse of a major U.S. deal in four years caused by a failure to clear Chinese regulatory hurdles...
Dorf Ketal to acquire Clariant’s North American (NORAM) Land Oil business
Clariant and Mumbai-based Dorf Ketal, two of the world’s leading specialty chemical products and services companies, have today announced a definitive agreement for Dorf Ketal to acquire Clariant’s North American...
Subsidy, price controls to delay stake sale of state-run fertiliser firms
The government is working on the price and subsidy policy of the fertiliser industry to ease the sale of stakes in state-run fertiliser companies. This may lead to a delay in the intended sale, a report in the Times of...
