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Company Dynamic

Monsanto, ToolGen Sign Licensing Agreement for CRISPR Technology

Monsanto, ToolGen Sign Licensing Agreement for CRISPR Technology

2017-08-18

Monsanto Company (MON) and ToolGen Inc, a biotechnology company specializing in genome editing, have reached a global licensing agreement for the use of ToolGen’s CRISPR technology platform to develop agricultural products.

Sabic Acquires Full Ownership in Sadaf JV for $820mn

Sabic Acquires Full Ownership in Sadaf JV for $820mn

2017-08-18

Sabic has completed the acquisition of 50 percent stake in Sadaf, from its joint venture (JV) partner, Royal Dutch Shell plc, for $820 million. With this acquisition, Sabic will hold 100 percent of Sadaf.

Dow Maintains Rating on Positive Watch

Dow Maintains Rating on Positive Watch

2017-08-18

A report from the Fitch Ratings states that it maintains Dow Chemical Company's (Dow) ratings on rating watch positive.

Wacker Expands Technical Centre in Dubai; Strengthens MEA Presence

Wacker Expands Technical Centre in Dubai; Strengthens MEA Presence

2017-08-18

Wacker Chemie AG is strengthening its presence in Middle East and Africa (MEA) by expanding the service portfolio of its technical centre in Dubai.

Rockman to Set Up INR 540 cr Die-Casting Plant in Andhra

Rockman to Set Up INR 540 cr Die-Casting Plant in Andhra

2017-08-17

Rockman Industries Ltd, an auto components manufacturer said that it will set up an aluminium die-casting plant in Chittoor district of Andhra Pradesh with an investment of Rs 540 crore.

KBR bags project management contract by ADNOC

KBR bags project management contract by ADNOC

2017-08-17

KBR Inc has been awarded a project management consultancy (PMC) contract by Occidental of Abu Dhabi Ltd on behalf of Abu Dhabi National Oil Company.

Calumet to Sell Superior Refinery to Husky for $435 mn Cash

Calumet to Sell Superior Refinery to Husky for $435 mn Cash

2017-08-17

CLMT has signed definitive agreements to sell the ownership of its refinery in Superior, Wisconsin and other related assets to Husky Superior Refining Holding Corporation, a wholly owned unit of Husky Energy.

3M Elects Microsoft CFO to Its Board

3M Elects Microsoft CFO to Its Board

2017-08-17

The 3M Company has elected Amy Hood, executive vice president and chief financial officer (CFO), Microsoft Corp, to its board of directors. Hood will serve on the 3M board’s finance committee.

AkzoNobel, Elliott Sign Agreement to Strengthen Dialogue with Shareholders

AkzoNobel, Elliott Sign Agreement to Strengthen Dialogue with Shareholders

2017-08-17

AkzoNobel NV has reached an agreement with affiliates of Elliott Advisors (UK) Limited (Elliott) following recent constructive dialogue, with the aim of normalizing the relationship with its shareholders.

Clough AMEC bags services contract for Yara’s ammonia plants

Clough AMEC bags services contract for Yara’s ammonia plants

2017-08-17

Clough AMEC, a 50/50 joint venture between Clough Ltd and Amec Foster Wheeler has been awarded a five-year contract to provide maintenance services to Norwegian company, Yara International ASA.

AkzoNobel Nominates Two New Supervisory Board Members

AkzoNobel Nominates Two New Supervisory Board Members

2017-08-17

AkzoNobel NV has nominated two new members to the supervisory board, Sue Clark and Patrick Thomas.

CB&I Bags Tecnicas Storage Tanks Project in Saudi Arabia

CB&I Bags Tecnicas Storage Tanks Project in Saudi Arabia

2017-08-17

CB&I has been awarded a contract by Tecnicas Reunidas SA for new product storage tanks that will be part of a clean fuels expansion project at Saudi Aramco's refinery in Ras Tanura, Saudi Arabia.

Dow Says Chinese E-Commerce Boosts its Packaging Biz

Dow Says Chinese E-Commerce Boosts its Packaging Biz

2017-08-17

China's growing e-commerce market, which now accounts for about 40 percent of global retail e-commerce sales, is giving a surprising boost to Dow Chemical Co.'s packaging business in Asia-Pacific.

Lanxess Continues to Expect Record Earnings for 2017

Lanxess Continues to Expect Record Earnings for 2017

2017-08-17

Following a good second quarter 2017, specialty chemicals company Lanxess continues to expect the highest earnings in the company’s history for the current financial year. Across all segments, sales were substantially higher year on year.

BASF to Present Newly Developed Integrated Solutions for Tanneries

BASF to Present Newly Developed Integrated Solutions for Tanneries

2017-08-16

BASF SE said that it will present a series of chemical solutions that help tanneries lower their carbon and toxicity footprint, as well as reduce water and energy usage.

Plaza Group to Acquire Chemicals Distributor in US

Plaza Group to Acquire Chemicals Distributor in US

2017-08-16

The Plaza Group, a leading international petrochemical marketing firm said that it will acquire Conchemco, a leading marketer and distributor of chemicals and solvents.

Fluor’s $8 bn Phosphate Project in Saudi Arabia Begins Production

Fluor’s $8 bn Phosphate Project in Saudi Arabia Begins Production

2017-08-16

Fluor Corporation (FLR) said that the Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) Umm Wu’al phosphate project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer.

Mary Kay Seeks Healthy Options

Mary Kay Seeks Healthy Options

2017-08-16

World-leading direct-selling producer Mary Kay China Co Ltd is expanding its business from cosmetics to the health and well-being market, enlarging its potential customer base from adult women to include the elderly and children.

Akzo Paints a Rosy Picture

Akzo Paints a Rosy Picture

2017-08-16

Paint major Akzo Nobel is bullish on growth opportunities in India even as it is restructuring its business worldwide.

Hengli Releases Half-Year Revenue

Hengli Releases Half-Year Revenue

2017-08-16

On the evening of July 31, Hengli issued 2017 semi-annual report.

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