Basell
and Lyondell Chemical Co. of Houston have signed a definitive agreement in
which Basell will acquire Lyondell’s outstanding common shares for $48 per
share.
PPG
Industries has announced an offer to purchase SigmaKalon Group, a worldwide
coatings producer based in Uithoorn, the Netherlands, from global private
investment firm Bain Capital.
The
Board of Management and Supervisory Board of Akzo Nobel N.V. and the Board of
Imperial Chemical Industries PLC (ICI) announced that they have reached
agreement for a cash offer by Akzo Nobel for ICI.
ST. LOUIS - Archway Sales Inc. was presented with an award from 3M Specialty Chemicals for attaining outstanding sales growth during 2006 of specialty additives and chemicals from 3M
Akzo Nobel announced that it will apply for
deregistration and termination of its reporting obligations under the U.S.
Securities Exchange Act of 1934 and delisting of its American Depositary
Receipts (ADRs) from the NASDAQ stock exchange.
International
Paint LLC, an Akzo Nobel company, has launched the first phase of expansion of
its worldwide research and development team based in Newcastle, U.K., to the
company’s U.S. operations in Houston.
INVISTA has announced a five KT per year capacity
expansion at its DYTEK® A (2-methylpentamethylenediamine)
manufacturing facility in Maitland, Canada.
Rohm
and Haas Powder Coatings, a business of the Rohm and Haas Group, has appointed
Cetelon GmbH as a new distributor for its powder coatings in Germany.
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