Contribution By Akshay Kedari
January 19, 2019
Attis Industries Inc., a biotechnology company based in the U.S., has reportedly announced a collaboration with Novozymes A/S, a Denmark-based global leader in biological solutions. Reportedly, the new collaboration will focus on augmenting value, process efficiencies, and production. As per the deal, Novozymes will be …
Monsanto weed killer permit revoked by French court on safety grounds
January 17, 2019
The French court has overturned the license for the company’s RoundUp Pro 360 herbicide. The primary factor behind the weed killer’s permit cancellation is the French environment agency’s failure to assess the product’s health risks. A court in the city of Lyon in southeastern France …
Kemira & Yongsa Chemicals to form a joint venture in South Korea
January 14, 2019
Renowned chemical giant Kemira has recently announced that it has inked an agreement to set up a joint venture (JV) with a South Korean chemical company Yongsan Chemicals. Reportedly the new company will be registered as Kemira Yongsan Chemicals Co. Ltd in Ulsan, Republic of …
Shell begins production at fourth alpha olefins unit in Geismar
January 9, 2019
In a recent turn of events, Shell has reportedly commenced production from its fourth alpha olefins unit at its chemical plant located in Geismar. The company stated that the expansion is a multi-billion dollars move that would augment the production capacity of the chemical manufacturing …
Godrej, UPL & PE funds eye controlling stake in Gharda Chemicals Ltd
January 8, 2019
The global asset management firms & the two companies have already submitted their bids to acquire the majority controlling stake. The stake currently held by GMATF could be worth anywhere between INR 5,600 crore & INR 6,000 crores. Gharda Chemicals Ltd (Gharda Chemicals), a renowned …
American Vanguard acquires Corteva’s herbicide product line Quizalofop
January 6, 2019
Agricultural chemical firm American Vanguard Corporation has recently announced that the company has acquired the Quizalofop (QPE) herbicide product line from Corteva Agriscience, which is DowDuPont’s Agriculture Division. Apparently, these products have primary markets in pulse, soybeans and canola in Canada and the United States. …
PolyOne Corp. acquires Pennsylvania based Fiber-Line in a $120m deal
January 4, 2019
Leading specialized polymer materials, solutions and services provider PolyOne Corporation has recently announced the acquisition of Fiber-Line, a global provider of composite materials and customized engineered fibers. The deal was reportedly valued at $120 million. According to PolyOne Corp., the leading technologies of Fiber-Line complement …
Saudi Aramco buys Lanxess’ stake in joint specialty chemicals venture
January 2, 2019
World’s leading integrated energy and chemicals company, Saudi Aramco, and Lanxess AG, a German specialty chemicals firm have recently announced that the companies have completed the Saudi state owned energy firm’s acquisition of Lanxess’ interest in specialty chemicals firm Arlanxeo Holding B.V. Evidently, Arlanxeo is …