Keyword: markets and companies

News

IMCD acquires Makeni Chemicals in Brazil

06.09.2013 - IMCD Group has acquired a majority interest in Makeni Chemicals, a leading speciality chemical distributor in Brazil. Makeni's portfolio covers various markets includig...

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Total to Shutter Carling Cracker and Focus Site on Resins

06.09.2013 - As expected, French petrochemicals group Total has announced plans to close its loss-making steam cracker Carling, in northeastern France, in the second half of 2015. Employees of...

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Petrochina Changes Course Under New Management

05.09.2013 - PetroChina's days of super-charged spending may be over as the Chinese national oil giant seeks to steer clear of the legacy of former chairman Jiang Jiemin, now under an official...

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France’s Total Said to Be Eyeing Closure of Carling cracker

03.09.2013 - French petrochemicals group Total is said to be close to announcing a shutdown of its loss-making steam cracker at Carling, in northeastern France. The cracker's viability is no...

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Teva to Drop Depression Treatment after Trial Fails

02.09.2013 - Generic drug maker Teva Pharmaceutical Industries said it will stop the development of a depression treatment after a late-stage trial failed to show the drug was more effective...

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Styrolution CEO Triggers Speculation Over BASF Exit Plans

30.08.2013 - BASF and Ineos are seeking to quell speculation over impending ownership changes at their 50:50 styrenic polymers joint venture Styrolution after the jv's CEO Roberto Gualdoni was...

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DuPont To Exit Paints Business

24.07.2013 - DuPont plans to exit its once-lucrative paint pigments business to focus on a thriving agricultural unit better equipped to shield the biggest U.S. chemicals maker from market...

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Merck KGaA to Cut Costs, Jobs Despite Record Revenues in 2011

29.02.2012 - German drugs and chemicals group Merck KGaA announced plans for a cost-cutting program across all its businesses that may include job cuts. "Over the next two years Merck needs to...