Industries Qatar takes full ownership of QAFCO in $1bn deal with QP

(adsbygoogle = window.adsbygoogle || []).push({}); Industries Qatar has taken full ownership of Qatar Fertiliser Company (QAFCO), a fertilizer producer, by acquiring the remaining 25% from its joint venture partner Qatar Petroleum (QP) for $1 billion. Established in 1969, QAFCO produces 5.7 to 5.8 million metric tons per year of urea More...

by businessnewstoday | Published 4 weeks ago
By businessnewstoday On Friday, August 14th, 2020

WEKO, Polygiene to offer Polygiene ViralOff spray of microdroplets

WEKO, a German supplier of industrial application systems for surface finishing, has joined forces with Swedish chemicals company Polygiene to offer solutions for applying the latter’s Polygiene ViralOff as More...

By businessnewstoday On Friday, August 14th, 2020

Wacker Chemical, H.M. Royal include SILPURAN silicones in partnership

Wacker Chemical, the US subsidiary of German firm Wacker Chemie, and raw materials and product ingredients distributor H.M. Royal have extended their partnership to include SILPURAN, the former’s exclusive More...

By businessnewstoday On Thursday, August 13th, 2020

Block MEMS wins DHS-CWMD contract for detecting chemical threats on shipped parcels

Block MEMS has bagged a contract from the US Department of Homeland Security (DHS) Countering Weapons of Mass Destruction (CWMD) for on-the-move standoff detection of trace quantities of drugs like fentanyl, chemical More...

By businessnewstoday On Tuesday, February 25th, 2020

Hexion to sell paint manufacturing plant in Yumbo, Colombia

Hexion, an Ohio based thermoset resins manufacturer, has signed a deal to divest its paint manufacturing plant in Yumbo, Colombia to a joint venture led by Master Paints & Chemical Corporation for an undisclosed More...

By businessnewstoday On Saturday, February 15th, 2020

Ascend Performance to acquire Poliblend and Esseti Plast GD from D’Ottavio

Ascend Performance Materials, a Texas-based polyamide 66 resin producer, has agreed to acquire Poliblend and Esseti Plast GD from D’Ottavio Group. As part of the deal, Ascend Performance Materials will acquire More...

By businessnewstoday On Friday, January 10th, 2020

Superior Plus acquires Western Propane Service in Southern California

Canada-based Superior Plus has acquired Western Propane Service, a retail propane distribution company in Southern California for an undisclosed price. Established in 1988, Western Propane Service caters to nearly More...

By businessnewstoday On Monday, December 23rd, 2019

BASF to sell construction chemicals business to Lone Star Funds for €3.1bn

German chemical company BASF has agreed to sell its construction chemicals business to an affiliate of private equity firm Lone Star Funds in an all-cash deal worth €3.17 billion. The construction chemicals business More...

By businessnewstoday On Thursday, December 12th, 2019

Vitol takes full ownership in asphalt trading business VALT

Vitol has taken full ownership in asphalt trading business VALT after acquiring the remaining 50% stake it previously didn’t own from its joint venture partner Sargeant Marine. The VALT bitumen joint venture was More...

By Raghuram Kadari On Tuesday, October 29th, 2019

H2O Innovation to expand specialty products business through Genesys acquisition

H2O Innovation through a wholly-owned UK subsidiary has agreed to acquire Genesys Holdings and its subsidiaries, Genesys Manufacturing, Genesys International and Genesys North America that develop and manufacture More...