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AkzoNobel sells Specialty Chemicals for €10.1bn

AkzoNobel has sold its Specialty Chemicals business to The Carlyle Group and GIC for €10.1 billion (US$12.4bn) as the company focuses on its Paints...

Departure imminent for DowDuPont’s Liveris

DowDuPont’s executive chairman Andrew Liveris will step down on 1 April, 2018, with Jeff Fettig, a legacy Dow Chemical board member succeeding him in...

MonoSol to build fourth US plant

MonoSol, a division of Japanese chemicals manufacturer Kuraray, is investing $72 million in the construction of a 150,000 sq ft water-soluble film manufacturing facility...

BPA is safe for humans, confirms FDA study

The largest-ever study on Bisphenol A (BPA) has confirmed that it is safe for consumers, says the US Food and Drug Administration (FDA), which...

White Tale Holdings sells Clariant stake after vetoing Huntsman merger

The largest shareholder of specialty chemicals producer Clariant has sold its stake in the business to Saudi Basic Industries Corporation (SABIC) just three months...

Clariant expands in Saudi Arabia with new production site

Speciality chemicals supplier Clariant has opened a masterbatch production site in Yanbu, Saudi Arabia, as it seeks too grow and increase profitability in the...

Strong third quarter from Borealis

Further investment related to growth projects and turnarounds has led to a €31million ($36m) reduction in third quarter net profit at Borealis. However, strong...

Clariant sales on the rise despite failed merger

Despite the backdrop of its recent failed merger with Huntsman, Clariant has posted a 10 per cent rise in sales for the first nine months of...

LyondellBasell plots $2bn Gulf Coast project

Houston-based LyondellBasell is planning to build a multi-billion-dollar chemicals and plastics plant along the Gulf Coast, which is likely to cost more than $2...

Clariant and Huntsman decide against merger

Contradictory to previous reports Clariant and Huntsman have decided to mutually terminate their proposed merger of equals. Despite the merger looking likely, the decision against...

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