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India's Dishman Pharmaceuticals & Chemicals Limited (DPCL) has bought Solutia's Switzerland-based pharmaceuticals research business, Carbogen Amcis, for over $75m. The deal was carried out through Dishman's Belgian subisidiary Dishman Pharma [...]

Lubrizol has completed the sale of its food ingredients and industrial specialties businesses to private investment firm Sun Capital. The deal, worth $270m, consists of fine chemicals, speciality polymers and [...]

Rhodia will sell its sodium polyphosphate activity in Huelva, Spain, to Uganda's Madhvani International (MISA) for an undisclosed sum. The transaction for the plant, which has been out of operation [...]

German speciality chemicals producer Sud-Chemie has completed the acquisition of zeolite catalyst producer Tricat Zeolites, with retroactive effect from Sept. 30. Bitterfeld-based Tricat will become its second major foothold in [...]

LUBRIZOL IS selling its moth-balled UK site at Bromborough to biodiesel producer D1 Oils for 3m [euro] ($5.6m) in cash. The company will also transfer production to larger sites in [...]

BELGIUM-BASED metals and speciality materials group Umicore has made an offer for Bayer's rare metals and electronic chemicals producer, HC Starck. Starck is one of two German companies in its [...]

POLAND'S ANWIL has obtained exclusive negotiating rights for Spolana, a polyvinyl chloride (PVC) and caprolactam producer, said a highly placed source at Unipetrol, Spolana's parent company, last week. The source [...]

DEGUSSA IS selling its Oxxynova dimethyl terephthalate (DMT) business to part of the capital investment firm Arques Group for 22m [euro] ($28m). Degussa expects to complete the sale in the [...]

DANIEL LEEVER, the chairman and CEO of MacDermid and another board member launched a $1bn management buy-out attempt last week. Leever, who owns around 6.2% of the firm, and Joseph [...]

Airgas has bought its Houston, Texas-based distributor, Aeriform, The purchase price was not disclosed. Aeriform employed 240 and had sales of $65m/year--58% from industrial gases and rent and the rest [...]

ICI completed the sale of its oleochemicals and surfactants business, Uniqema, to Croda International on 1 August The purchase price is 410m [pounds sterling] ($781 m/609m [euro]), subject to closing [...]

Balchem has acquired an aqueous choline chloride plant in St Gabriel, Louisiana, US from Bio-Additives and CMB Additives. The plant has the capacity to produce 36,000 tonne/year of animal-feed-grade choline [...]

AUSTRALIA'S ORICA is selling its adhesives and resins business to US-based Hexion Specialty Chemicals. With three manufacturing sites across Australia, and New Zealand, the business makes formaldehyde and formaldehyde-based binding [...]

YARA INTERNATIONAL came closer to securing 100% control of Brazil's Fertibras for about $211 m by offering to buy all the non-voting shares in the fertiliser distribution and marketing company. [...]

US-BASED Celanese is buying Acetate Products--the cellulose acetate flake, tow and film activities of the Corsadi Group. No figures have been released for the transaction, which is subject to regulatory [...]

KOCH NITROGEN is buying the Canadian fertiliser activities of US food and agribusiness Simplot. The acquisition includes a fertiliser complex in Brandon, Manitoba, and related distribution terminals in Watson and [...]

LYONDELL CHEMICAL has acquired Citgo Petroleum's 41.25% stake in their Lyondell-Citgo Refining (LCR) joint venture in Houston, Texas. The transaction is valued at about $2.1bn, including Citgo's portion of the [...]

Monsanto is buying US cotton seed company Delta and Pine Land for $1.5bn. Monsanto first announced plans to purchase the Scott, Mississippi-based company in 1998 but later withdrew, prompting a [...]

ASHLAND IS selling its paving and construction subsidiary (APAC) to Oldcastle Materials for $1.3bn. The deal, which is expected to close by the end of the month, is an important [...]

THE EUROPEAN Commission has approved Ineos' purchase of BP's ethylene oxide/ethylene glycol business based at Dormagen after an extensive review. The review followed an initial investigation into Ineos' purchase of [...]

AKZO NOBEL is selling 20-30% of its Organon Biosciences unit through an initial public offering (IPO), which is expected in early 2007, on the Euronext exchange in Amsterdam, the Netherlands. [...]

Belgian firm Minafin bought Chemtec Leuna Gesellschaft fur Chemie und Technologie, a pharmaceutical subsidiary of US-based SI group. No price was disclosed. SI Group acquired Leuna, Germany-based Chemtec Leuna in [...]

Cathay Pigments has completed its purchase of US-based ISK Magnetics. Once part of Pfizer, ISK Magnetics is the world's largest producer and supplier of magnetic iron oxides for audio and [...]

BOC shareholders overwhelmingly approved the 8.2bn [pounds sterling] (12.1 bn [euro]/$15.6bn) takeover by German rival Linde in the middle of August. The decision, taken at an extraordinary general meeting, paves [...]

NIPPON PAINT will acquire the majority of Rohm and Haas' (R&H) automotive coatings business for $230m. The deal, expected to be completed by October, includes the company's US automotive coatings [...]

THIS YEAR'S big German M&A deals are mostly sealed, but other transactions may take place this year, observers say. According to reports, private equity investors and Dow Chemical have conducted [...]

Cytec Industries and DSM have dissolved their 20-year old, 50:50 American Melamine Industries joint venture. Cytec has taken full ownership of the venture's assets, including an 80 000 tonne/year melamine [...]

Albemarle plans to sell its potassium chloride chemicals facility in Thann, France, to International Chemical Investors Group (ICIG). 'It is our intention to convert the [potassium hydroxide] plant as soon [...]

EASTMAN CHEMICAL is selling its speciality organic chemicals subsidiary, Eastman SE, to private company Viceroy Acquisition for $75m. The US group said the divestment, which includes a manufacturing plant in [...]

Chemical distributor Azelis is merging two operating companies in Belgium, Sibeco and Sepulchre, to create Azelis Benelux on 31 July. Both have been part of the company since 2004. Sibeco [...]

Alexion Pharmaceuticals has bought Dow Chemical's biopharmaceutical plant in Smithfield, Rhode Island, US. It will mainly use it to make Soliris (eculizumab), its lead product candidate for an acquired genetic [...]

The European Commission has approved the purchase by Swiss firm Omya of US minerals producer JM Huber's paper minerals business, on condition that it divests a plant in Finland. [...]

FINLAND'S KEMIRA has boosted its water chemicals business with the acquisition of Cytec Industries' water treatment chemicals unit and acrylamide product lines for $240m in cash. The businesses are expected [...]

Solvay is selling its HexelOne reinforced plastic pipe technology to German polyethylene (PE) pipes manufacturer Egeplast Werner Strumman. The deal involves the transfer of technology, production equipment and know-how to [...]

PRIVATE EQUITY firm Arsenal Capital has merged two of its speciality chemicals companies, Reilly Industries and Rutherford Chemicals, to create Vertellus Specialties. The move will save millions of dollars in [...]

BASF BOUGHT Repsol YPF's co-polymer business last week. The business is made up mostly of acrylonitrile butadiene styrene (ABS) clientele. The purchase must be approved by the European Commission. This [...]

Clariant has completed the sale of its pharma and fine chemicals business to TowerBrook Capital Partners. TowerBrook has named the business Archimica and says it will keep it focused on [...]

Ineos Silicas has sold its North American sodium metasilicate business to US-based PQ Corp and will close its production line in Joliet, Illinois, US. 'Market decline, industry overcapacity and rising [...]

POLAND'S NAFTA Polska (NP) chemicals privatisation agency says there is a real chance the government could scupper its long-standing plans for selling four companies. An NP source said the agency [...]

A REPORT in a Dusseldorf, Germany, newspaper claiming that Lanxess has met representatives of the German state of North Rhine-Westphalia to discuss an acquisition of Degussa has whipped up another [...]

CRODA INTERNATIONAL will buy ICI's Uniqema for 410m [pounds sterling] (596m [euro]/$746m), in a largely cash deal that sees the completion of a process that started in February. In the [...]

Canada-Spur Ventures is to buy the fertiliser-related businesses of Chinas Hebei Tianren Chemical for Can$15.5m. The purchase will increase its Chinese fertiliser capacity to 300 000 [...]

BASF HAS started integrating Engelhard's activities into its organisation following the completion of its acquisition of the US catalyst company. 'Together with the Engelhard team we have started the integration [...]

Georgia Gulf will buy Canada-based plastics building products company Royal Group Technologies for Can$1.7bn (1.2bn [euro]/$1.Sbn) including debt Royal Group Technologies makes mouldings, pipes and [...]

BASF's takeover offer for Engelhard has been accepted by shareholders representing about 89% of the US company's common stock. 'This is a special day for both BASF and Engelhard', said [...]

Degussa is to sell some of its Raylo Chemicals assets to Gilead Sciences for 115m [euro]. Degussa has also entered long-term agreements with Gilead to supply raw materials and manufacture [...]

Basell has sold its components business and custom catalyst assets in Edison, New Jersey, US, to WR Grace for an undisclosed sum. The assets are part of the polymedsation catalysts [...]

CHARTERHOUSE CAPITAL has taken acrylics producer Lucre off the market, the venture capitalists said last week. Charterhouse has withdrawn the asset because of increased market volatility, but declined to elaborate [...]

Gujarat Narmada Valley Fertilizers (GNFC), the Indian inorganics producer, told shareholders last week that merging with subsidiary Narmada Chematur Petrochemicals (NCPL) would create new growth opportunities. 'The firms' boards approved [...]

Lonza has agreed to sell its LOFO films business to Taiwan's Shinkong Synthetic Fibers Corporation. Lonza says Shinkong will assume full ownership of the Well am Rhein, Germany-based business in [...]