Speciality chemicals and polymer products maker Vikas Ecotech Ltd (VEL) is looking to log Rs 360 crore revenue in the next financial year on the back of resumption of exports which were stalled due to the Covid-19...
Roundup owner Bayer divests pest-control unit in $2.6 billion deal
Bayer AG agreed to sell its pest-control unit to private-equity firm Cinven for $2.6 billion, as the German chemical and drug giant seeks to focus on its core agricultural portfolio and reduce debt. Environmental...
UPL in merger talks with 2 American cos
UPL Ltd’s founding Shroff family is exploring a merger with at least two American firms—CF Industries Holdings Inc. and FMC Corp.—as part of the family’s plan to ensure a fair distribution of businesses and assets among...
Celanese nears over $10 bln deal to buy DuPont unit – Bloomberg News
Specialty chemicals company Celanese Corp is nearing a deal to buy DuPont de Nemours Inc’s mobility and materials unit for more than $10 billion, Bloomberg News reported on Thursday, citing people familiar with...
Advent, Carlyle considering bid for DuPont’s $12 bln unit – Bloomberg News
Carlyle Group Inc and Advent International Corp are among several buyout firms considering a bid for DuPont Inc’s mobility and materials unit, Bloomberg News reported on Thursday, citing people familiar with the...
Crystal Crop completes acquisition of 4 hybrid seeds from Bayer
Agro-chemical firm Crystal Crop Protection Ltd (CCPL) on Thursday said it has completed the acquisition of four hybrid seeds — cotton, mustard, pearl millet and grain sorghum — from global life sciences firm...
US fund TFCC buys 46% equity in Chennai-based Ramcharan Co for $4.14 billion
In the largest ever clean-energy related investments in India, US-based deep-impact fund TFCC International has entered into a pact to invest $4.14 billion into Chennai-based Ramcharan Co. With this, TFCC will acquire...
IPACKCHEM to acquire and partner with Mullackal
Paris headquartered IPACKCHEM Group announced it has signed a definitive agreement to acquire Mullackal Polymers Private Limited, a leading crop protection packaging provider in India. With three facilities in Western...
Tata explores $1 billion sale of U.S. soda ash unit
Tata Chemicals Ltd. is considering selling its U.S. soda ash business, according to people familiar with the matter, joining a string of rivals looking at similar options. The Indian chemicals giant is in early...
Apollo affiliates to buy a Mitsubishi Chemical unit for $759 mln
U.S. private equity firm Apollo Global Management said funds managed by its affiliates will buy Mitsubishi Chemical’s thermal and emission control protection materials business. The deal, which is expected to...
US-based PE fund CVC Cap leads race to buy Sajjan India
US-based private equity fund CVC Capital is now the frontrunner to acquire Sajjan India Ltd, one of the country’s largest agrochemical makers, having signed an exclusivity pact with the promoters and outbidding...
Lanxess bets on disinfectants with $1.3 billion deal
German specialty chemicals maker Lanxess agreed to acquire International Flavors & Fragrances’ (IFF) microbial control unit for $1.3 billion, in a move to capitalise on buoyant demand for disinfectants and surface...