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Ashland Looking to Sell Distribution Business

13.08.2010 - Ashland is looking to sell its chemicals and plastics distribution business and has hired Bank of America to advise on the possible sale, according to several sources familiar with...

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Source: Lanxess to Buy BASF Leather Chemicals Units

06.08.2010 - Chemicals company Lanxess is to buy leather chemicals businesses from BASF, people familiar with the matter said on Thursday. "An agreement has been reached," a person familiar...

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Obama Says 'Long Battle' In Gulf Close To End

05.08.2010 - BP said on Wednesday it was close to subduing its ruptured Gulf of Mexico oil well, and the White House hailed the "beginning of the end" of efforts to contain the worst spill in U...

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Sanofi's Best Bet Still May Be Smaller Deals

04.08.2010 - Sanofi-Aventis has grabbed the headlines with its $18.4 billion bid for Genzyme, but the French drugmaker may be wiser to stick with smaller, bolt-on acquisitions. Sanofi is trying...

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EU Proposes Protection For Plastic Bottle Industry

03.08.2010 - The European Union wants to impose new trade barriers on imported plastic from Iran, Pakistan and the United Arab Emirates, saying the countries illegally give aid to exporters who...

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Developments In The Gulf Of Mexico Oil Spill

02.08.2010 - Here are some developments in BP's Gulf of Mexico oil spill, the largest offshore oil disaster in U.S. history. Top Developments• The tide of lawsuits unleashed by BP's oil spill...

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White Knight Could Be Elusive For Genzyme

02.08.2010 - Chances are, every big pharmaceutical company is running the numbers and weighing the pros and cons of acquiring Genzyme. French drugmaker Sanofi-Aventis is poised to make a bid...

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‘Layer By Layer’

29.07.2010 - Turning Point - Business is finally looking up for Clariant; the Swiss-based specialty chemicals company posted an 18% increase in sales in local currencies for Q2 2010 over 2009...

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BP Tees up Asset Sales to Pay For Spill

29.07.2010 - A day after BP said it would sell $30 billion in assets to pay for its Gulf of Mexico oil spill, the focus shifted to what is for sale, while lawyers prepared to tackle a mountain...

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BP Launches Image Overhaul, Ditches CEO

27.07.2010 - BP's newly named chief executive on Tuesday called the Gulf oil spill a "wake-up call" for the entire industry as the company tallied up its losses and disclosed two U.S...