Qatar Petroleum (QP) said on Sunday it had signed an agreement with Yara international to acquire its 25 percent stake in Qatar Fertiliser Company (QAFCO) for $1 billion, according to statements by both companies. The...
Germany’s Evonik wins U.S. legal fight to buy hydrogen peroxide maker PeroxyChem
A federal judge has ruled that Germany’s Evonik Industries AG’s (EVKn.DE) proposed purchase of rival U.S. hydrogen peroxide maker PeroxyChem Holding Company is legal under antitrust law. In a brief order issued late...
Anglo American likely to confirm deal to buy Sirius ahead of deadline: sources
Anglo American Plc is likely to confirm a deal to buy fertilizer company Sirius Minerals Plc for more than $500 million excluding debt, ahead of an early February deadline to finalise its bid, three sources close to the...
ChemChina, Sinochem merge agricultural assets: Syngenta
ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current president and CEO of Shenzhen...
UPL acquires Chinese agrochem firm for Rs 95 crore
Agrochemicals major UPL, which has been on an acquisition spree in recent years, has announced yet another deal, involving Yoloo (Laoting) Biotechnology, a Chinese agrochemicals firm, for a reported consideration of...
Russia’s Uralkali, Uralchem to buy Brazil’s Fertilizantes Heringer
Russian fertilizer and chemical companies Uralkali and Uralchem have agreed with Fertilizantes Heringer SA to become controlling shareholders in the Brazilian firm that is now under bankruptcy protection. In a...
Bayer completes merger of Monsanto India
German chemical and pharma major Bayer AG on Monday said it has completed the integration of biotech major Monsanto’s India business with itself. The National Company Law Tribunal (NCLT) last week approved the...
Chinese envoy says Syngenta takeover was a bad deal: report
Beijing’s ambassador to Switzerland said ChemChina’s $43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a...
Petrobras says federal court suspends sale of fertilizer units
Brazil’s state-run oil company Petroleo Brasileiro SA said on Wednesday that a federal court has issued injunction suspending the sale of its fertilizer units Araucaria Nitrogenados and Fertilizantes Nitrogenados III...
UPL: Arysta LifeScience acquisition done, focus now shifts to synergies
Size does not seem to worry UPL Ltd, which completed the acquisition of Arysta LifeScience Inc., bumping up its revenue base by 60%, according to analyst estimates. However, despite this, the expanded base is not coming...
Japanese chemical maker DIC Corporation acquires Ideal Chemi Plast
Japan’s largest ink manufacturer by revenue DIC Corporation has acquired Maharashtra-based resins manufacturer Ideal Chemi Plast Pvt Ltd in an undisclosed amount. Founded in 2004, Ideal Chemi Plat manufactures and sells...
UPL open to buy back TPG Cap, ADIA stakes in Arysta
Agrochemicals firm UPL Ltd may buy back the stakes of Abu Dhabi Investment Authority (ADIA) and TPG Capital, which helped the Mumbai-based company acquire Arysta LifeScience Inc. for a record $4.2 billion, after the...
