Solutia have signed a definitive agreement with UCB S.A. to sell their resins, additives and adhesives businesses for US$500 million. To this end, UCB have made an upfront payment of US$10 million for a short period of e...
On January 1 2003, the fluoropolymers activities of Solvay will be merged with those of Ausimont. The merged activities will for a new company, Solvay Solexis.
The acquisition has cost Solvay 1.3 billion Euros and was...
Lloyd Instruments has announced its acquisition of DN Testing Systems from Plint and Partners Ltd. DN Testing is a specialist in servo hydraulic testing.
Under the terms of the agreement, DN Testing equipment will be ...
Atofina, a subsidiary of TotalFinaElf have signed a memorandum of understanding with Samsung General Chemicals which will see them set up a 50/50 joint venture in South Korea.
The joint venture will manufacture and ...
WMC Limited has announced that it intends to pursue its plans to demerge into two separate companies, Alumina Ltd and WMC Resources Ltd. The plans have been approved by the Supreme Court of Victoria.
The changes to th...
Northrop Grumman Corp and TRW Inc. have announced that they intend to complete their merger transaction on December 11, 2002.
Northrop Grumman believes that the Defense Department has recommended to the Justice D...
Following the September 20th announcement of Rogers Corporation of America intention to sell their mouldable composites division to Vyncolit North America, a subsidiary of the Swedish company Perstorp Group, the sale has...
Degussa AG and Celanese AG have successfully negotiated the establishment of a joint venture, in which both companies will hold a 50% stake.
The Joint venture will merge Degussa’a Oxeno subsidiary in Marl, Germa...
Australia will form its largest cement group through a merger between Australian Cement Holdings (a 50-50 joint venture of CSR Limited and Hanson PLC) and Queensland Cement.
The new group will be owned 50% by Holcim a...
Alcan have reached a non-binding agreement to purchase VAW Packaging (FlexPac) from Norsk Hydro for approximately 345 million Euros. Should the deal go ahead, it would be expected to close some time in mid-2003.
The p...
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