TITLE

Lanxess snaps up Dow's CISA stake

AUTHOR(S)
Baker, John
PUB. DATE
December 2006
SOURCE
ICIS Chemical Business;12/18/2006, Vol. 1 Issue 47, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Lanxess will acquire a 50 percent stake in Chrome International South Africa. Lanxess is divesting its textile processing chemicals business in North America to textile and specialty chemicals firm StarChem. The company, which employs 380 and has sales of €150 million per year.
ACCESSION #
23578689

 

Related Articles

  • Lanxess Buys Dow's Stake in Chrome Chemicals JV. Young, Ian // Chemical Week;12/20/2006, Vol. 168 Issue 43, p13 

    The article reports that chemicals manufacturer Lanxess AG will acquire Dow Chemical Co.'s chrome chemicals business in South Africa. Lanxess will buy Dow's 50% state in the companies' Chrome International South Africa (CISA) joint venture. CISA was established in the mid-1990s and has sales of...

  • Lanxess targets 2008 for buys. Baker, John // ICIS Chemical Business Americas;3/26/2007, Vol. 271 Issue 12, p14 

    The article reports that chemical producer Lanxess is seeking companies for acquisitions until the end of 2008 according to chairman Axel Heitmann. Heitmann notes that the acquisition is part of the company's strategy. The company will allocate €1 billion to £1.5 billion for such deals....

  • LANXESS acquires activities from The DowChemical Company.  // Colourage;Feb2007, Vol. 54 Issue 2, p146 

    The article reports that the chemicals group LANXESS will fully own the chrome chemicals business of Dow Chemical Co. in South Africa, named Chrome International South Africa (CISA), by buying the remaining 50 percent of Chrome that it did not already own. CISA annually produces 70,000 tons of...

  • Untitled. Davis, Nigel // ICIS Chemical Business;10/1/2007, Vol. 272 Issue 12, p26 

    The article presents the author's views on Lanxess AG. He states that the company had been able to make impressive financial progress, mainly through strict cost discipline and divestments but the company needs to introduce some strategic changes to attract the shareholders. He mentions that...

  • Lanxess builds rubber research facility.  // Rubber World;Jul2007, Vol. 236 Issue 4, p5 

    The article offers world news briefs related to acquisition and expansion in business industry. Lanxes, a chemical group expanded its business through the establishment of a center for rubber research in Qingdao, China. A merger agreement was made between Bridgestone Americas Holding and Bandag...

  • LANXESS Completes Acquisition of Polyols in China.  // China Chemical Reporter;9/16/2009, Vol. 20 Issue 26, p20 

    The article reports on the acquisition of chemical businesses and production assets of Jiangsu Polyols Chemical Co. Ltd. by LANXESS AG in China. It mentions the foundation of LANXESS (Liyang) Polyols Co, Ltd. According to the article, the LANXESS has appointed Dr. Hans-Detlef Heinz as General...

  • Lanxess to acquire DSM Elastomers.  // Rubber World;Jan2011, Vol. 243 Issue 4, p6 

    The article offers news briefs related to the rubber industry. DSM Elastomers is acquired by the Leverkusen, Germany-based Lanxess AG for 310 million euros on a cash and debt-free basis. The Philadelphia, Pennsylvania-based Styron Corp. has planned to expand its solution styrene butadiene rubber...

  • LANXESS BUYS TMP MAKER IN CHINA.  // Urethanes Technology International;Jun/Jul2009, Vol. 26 Issue 3, p14 

    The article reports on the acquisition of Jiangsu Polyols Chemical Co. Ltd. by Lanxess AG. It is reported that, Lanxess will acquire Jiangsu Polyols' business and production assets in a deal expected to be completed in the third quarter of 2009. It is reported that, Jiangsu Polyols mainly...

  • Higher Sales Lift Most European Chemical Company Profits. Walsh, Kerri // Chemical Week;8/15/2007, Vol. 169 Issue 27, p15 

    The article looks at the sales and earnings posted by European chemical companies for the second quarter and first half of 2007. Bayer reported second-quarter net income up 46%, to €660 million, on sales up 22%, to £8.2 billion. Lanxess' second-quarter sales fell because of the...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics