Speciality-Chemicals manufacturer Rossari Biotech on Wednesday announced the acquisition of Unitop Chemicals, a supplier of surfactants, emulsifiers, and specialty chemicals, for Rs 421 crore. Rossari will be acquiring...
Standard Industries to buy chemicals maker W. R. Grace in $4.63 billion deal
Standard Industries Holdings Inc said on Monday it would buy global speciality chemicals company W. R. Grace & Co in a sweetened $4.63 billion cash deal. Standard Industries will buy all outstanding shares for $70...
Chemicals major Sanmar plans to raise equity to repay restructure debt
Fairfax-backed Sanmar Chemicals Group (Sanmar) is planning to raise equity to repay its restructure debt. The move would help the company to make investments in projects that exploit growth and cost-saving opportunities...
PQ Group Holdings to sell its performance chemicals unit for $1.1 billion
PQ Group Holdings Inc said on Monday it has agreed to sell its performance chemicals business, which makes cleaning and whitening agents for toothpaste and surface coatings, to a partnership formed by Cerberus Capital...
Chemical firm Lanxess buys U.S.-based Emerald Kalama in $1.1 billion deal
German chemical company Lanxess is buying U.S.-based Emerald Kalama Chemical for an enterprise value of about $1.08 billion to strengthen its consumer business. The acquisition was announced on Sunday by Lanxess which...
Bodal Chemicals in advance talks to buy chlor-alkali biz of Mawana Sugars
Ahmedabad-based Bodal Chemicals is in advance negotiations to buy Chlor-Alkali business of Mawana Sugars as the Delhi-based firm looks to sell non-core businesses to focus its core sugar business. The transaction will...
Polynt-Reichhold owner picks Morgan Stanley for $1.8 billion sale – sources
Italian buyout fund Investindustrial has picked Morgan Stanley to work on the sale of Polynt-Reichhold in a deal that could value the specialty chemicals firm at up to 1.5 billion euros ($1.8 billion), two sources...
Tata Chemicals in advanced talks for Archean’s industrial salt unit
Tata Chemicals Ltd. is in advanced talks to acquire the industrial salt unit of Archean Group that could value the business at 4.5 billion rupees ($61 million) at a minimum, according to people familiar with the matter...
Everstone Capital to acquire controlling stake in Calibre
Private equity firm Everstone Capital has signed an agreement to acquire a controlling stake in Calibre, a specialty ingredients manufacturer of pharmaceutical, nutritional and personal care products, the investor said...
Tata Sons buys 0.71% stake in Tata Chemicals for around ₹76 crore
Tata Sons Pvt Ltd, promoter of Tata Chemicals bought 1.81 million shares or 0.71% for ₹76 crore in an open market transaction on Wednesday. According to the bulk deal data on NSE, Tata Sons acquired 18,07,245 shares of...
LG Chem shareholders approve plan to split off battery business: source
LG Chem shareholders approved the company’s proposal to separate its battery business into a new company, a source familiar with the matter told Reuters on Friday. The decision paves the way for the battery business, a...
Japan’s DIC says acquisition of BASF unit delayed until next year
Japanese printing ink maker DIC Corp said on Wednesday that the closing of its 1.15 billion euro ($1.36 billion) acquisition of German chemicals group BASF’s pigments business would be delayed until next year. DIC...
