Keyword: Food & Nutrition

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BASF Raising Vitamin Prices

04.02.2016 - BASF has announced a 20% global price increase for its Vitamin A products, effective immediately or as contracts allow. The German chemical giant, world’s largest chemical producer...

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Activist Investor Urges DuPont to Split in Two

22.09.2014 - Through his hedge fund Trian, US activist investor Nelson Peltz, who has stirred up affairs at a number of other companies, has set his sights on breaking up chemical giant DuPont...

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Eastman to Pay $2.8 Billion for Alkylamines Producer Taminco

15.09.2014 - Major US chemical producer Eastman has agreed to acquire compatriot Taminco, a major producer of alklylamines and alkylamine derivatives, for $2.8 billion. The deal proposed to be...

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Nestle Names Cell Scientist Catsicas as Technology Chief

14.06.2013 - Nestle said it will appoint Swiss scientist Stefan Catsicas as its new technology chief, as the world's biggest food group expands in health and nutrition. Catsicas, who began his...

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FDA to Consider Revamping Food Additive Rules

07.05.2013 - Amid growing public concern over the safety of additives in products ranging from caffeinated energy drinks to industrial chemicals in food containers and water bottles, the U.S...

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Abbott Devices, Generics Struggle

17.04.2013 - Abbott Laboratories on Wednesday reported higher quarterly earnings after splitting off its branded drug business, and the company said demand was strong for its infant formulas...

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BASF Completes Acquisition of Pronova BioPharma

31.01.2013 - BASF has completed the acquisition of Pronova BioPharma, which closed today with the payment of the offer price to Pronova shareholders. At the same time, the tendered shares were...

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BASF Clears Hurdle to Bag Norway's Pronova

21.01.2013 - BASF won over enough Pronova shareholders with its sweetened takeover offer to secure full control of the Norwegian fish-oils maker. The German chemicals giant said on Monday it...