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US Merck to Spin off $6.5 Billion in Assets

07.02.2020 - US drugmaker Merck plans to streamline its organization by spinning off assets with around $6.5 billion in annual revenue. Businesses to be separated out by the first half of 2021...

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Oqema Acquires Denmark’s Chemark

06.02.2020 - German distributor Oqema Group has acquired Denmark’s Chemark for an undisclosed sum. Based in Tureby, Chemark has been active in the Nordic market for around 20 years with a focus...

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LBC Expands Botlek Terminal

06.02.2020 - Belgian storage operator LBC Tank Terminals has taken a final investment decision to expand its Rotterdam-Botlek facility in the Netherlands. The project will add 70,000 m3 of...

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Dow Hikes Canada Ethylene Output

06.02.2020 - Dow Canada has announced it is expanding its ethylene plant in Fort Saskatchewan, Alberta, by approximately 130,000 t/y. The company will add another furnace and associated...

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Evonik Wraps up PeroxyChem Deal

06.02.2020 - German specialty chemicals group Evonik has successfully completed its now $640 million acquisition of US peroxides manufacturer PeroxyChem after a US court in Washington DC...

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FDA to Review Asbestos in Talc

05.02.2020 - Against the backdrop of a growing number of lawsuits claiming that Johnson and Johnson’s talc-based baby powder causes cancer, the US Food and Drug Administration (FDA) now plans...

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Henkel Sells Semiconductor Cleaning to Nippon Kayaku

05.02.2020 - Germany’s Henkel has signed a deal to sell its LCD and semiconductor cleaning business to Japan’s Nippon Kayaku for an undisclosed sum. The transfer of the business is expected to...

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Lanxess Closes Brazilian Biocide Buy

05.02.2020 - German specialty chemicals producer Lanxess has completed the acquisition of Brazilian biocides specialist Itibanyl Produtos Especiais (IPEL) following approval of the deal by the...