Yara, one of the world’s largest fertiliser makers, has completed a long-awaited sale of its stake in Qatar Fertiliser Company, paving the way for a significant share buyback program, the Norwegian company said on...
Aditya Birla Group’s Birla Carbon announces global restructuring plan
Aditya Birla Group’s carbon black manufacturing arm, Birla Carbon has announced global restructuring plans in order to focus on market driven innovation, and leverage its global capabilities, the U.S. based company said...
HPL acquires majority stake in Lummus Technology for enterprise value of $2.725 billion
The Chatterjee Group (TCG) flagship Haldia Petrochemicals (HPL) and global private equity firm Rhone Capital on Wednesday said they have jointly acquired US-based Lummus Technology from McDermott International for an...
Zuari Agro Chemicals to sell off Goa’s fertilizer plant
Zuari Agro Chemicals, the agriculture vertical of the Adventz Group, has decided to sell off the company’s fertilizer plant in Goa to unlisted joint venture company Paradeep Phosphates Ltd (PPL) for a total...
Qatar Petroleum acquires Yara’s 25% stake in Qatar Fertiliser Co for $1 billion
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...
