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 …
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 …
Notable coatings giant Axalta, has reportedly declared that it has joined hands with Plenham Ltd. – the parent firm of Bodyshop and IBIS Worldwide. The two firms have announced their multi-year global partnership that aims to help the global collision repair industry share ideas to …
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. …
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 …
The deal comes as a part of the Saudi Arabian company’s strategy to boost its methanol shares this year. The deal also allows the company to capitalize on the rapidly growing shale gas production in North America. SABIC, a Saudi Arabian diversified Petrochemical manufacturing …
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 …
Shares of Kansai Nerolac Paints were up 1% intraday following the acquisition of the company. The move comes under Nerolac’s ongoing efforts to grow the company’s portfolio to better serve its customers. Kansai Nerolac Paints Limited (Nerolac), India’s largest industrial paint & third-largest decorative paint …
