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  • MOSCOW, Dec 30- The son-in-law of Vladimir Putin stands to benefit from $1.75 billion in cheap finance from the Russian state, a Reuters examination of public documents shows. The money will help fund a petrochemical project at a company in which Kirill Shamalov, husband of Katerina Tikhonova, the Russian president's younger daughter, has a significant...

  • Dec 29- Chemical maker DuPont Co said it would cut 1,700 jobs in Delaware, as part of a previously announced plan to reduce its workforce before combining with Dow Chemical Co in a $130 billion megamerger. Delaware Governor Jack Markell said in a statement that the news of the job cuts was "deeply disappointing." DuPont and Dow Chemical agreed to merge in an...

  • DuPont to cut 1,700 jobs in Delaware Tuesday, 29 Dec 2015 | 1:15 PM ET

    Dec 29- Chemical maker DuPont Co said it will cut 1,700 jobs in Delaware, as part of a plan to reduce its workforce by 10 percent before its proposed merger with Dow Chemical Co.. The job cuts will be in the beginning of 2016, DuPont Chief Executive Ed Breen said in a letter to the company's employees on Tuesday. The company said on Dec. 11 it planned to slash about 10...

  • *Recovery in oil prices boosts Sasol. A recovery in oil prices from 11- year lows as investors unwounded some of their bearish bets on the battered commodity also helped boost stocks such as petrochemicals company Sasol, which rose by 2.61 percent to 393 rand. Other gainers included Africa's largest mobile operator MTN, which gained 4.53 percent to 141.16 rand,...

  • SANTOS, Brazil, Dec 20- The humble jute bag, long the distinctive packing for Brazil's coffee exports, is rapidly being edged out as traders and cooperatives face rising wage bills and borrowing costs, weak global prices and a deepening economic crisis at home. Next year will see Brazil export more than half its green coffee in 1- tonne polypropylene' super sacks' or...

  • MUMBAI/ TURIN, Dec 14- India's Mahindra group, with interests from tractors to IT outsourcing, has agreed to buy Italy's Pininfarina SpA in an all-cash deal valuing the Turin- based car designer at just a quarter of its closing price on Friday. In March for instance China National Chemical Corp agreed to buy into tire maker Pirelli& C SpA in a 7.3 billion euro deal.

  • MUMBAI, Dec 14- India's Mahindra group, with interests in cars and tractors, finance and IT outsourcing services, is to buy Italian car designer Pininfarina for about 33 million euros in an all-cash deal. In March, China National Chemical Corp agreed to buy into tire-maker Pirelli in a 7.3 billion euro deal. Mahindra will do the deal via a new unit in which automaker...

  • *Dow, Du Pont to merge, then split into three. Dec 11- Chemical titans DuPont and Dow Chemical Co agreed to combine in an all-stock merger valued at $130 billion in a move that pleased activist investors, would generate tax savings and trigger more consolidation while drawing scrutiny from regulators. The "deal of three centuries," as Wells Fargo analyst Frank Mitsch...

  • Dec 11- Seeds and chemical maker Dow Chemical Co said it would assume full control of Dow Corning, its joint-venture with Gorilla glass maker Corning Inc.. The transaction is expected to yield more than $1 billion in additional annual EBITDA at full run-rate synergies, Dow Chemical said. Dow and Corning will maintain their current equity stake in Hemlock,...

  • Dec 11- Seeds and chemical maker Dow Chemical Co said it would assume full control of its joint-venture with Corning Inc, the supplier of Gorilla Glass for iPhones. Formed in 1943, Dow Corning produces silicon-based products for aerospace, automotive and electrical industries. The transaction is expected to yield more than $1 billion in additional annual...

  • *Companies to merge, then split into three. Dec 11- Chemical titans DuPont and Dow Chemical Co agreed to combine in an all-stock merger valued at $130 billion in a move that pleased activist investors, would generate tax savings and trigger more consolidation while drawing scrutiny from regulators. The "deal of three centuries," as Wells Fargo analyst Frank Mitsch...

  • *Companies to merge, then split up into three. Dec 11- Chemical titans DuPont and Dow Chemical Co agreed to combine in an all-stock merger valued at $130 billion, a move that could trigger more consolidation, please activist investors and generate tax savings while drawing scrutiny from regulators. The "deal of three centuries," as Wells Fargo analyst Frank Mitsch...

  • Dow Chemical CEO: There was always a deal out there Friday, 11 Dec 2015 | 9:31 AM ET
    Dupont and Dow Chemical

    Dow Chemical CEO Andrew Liveris said Friday the groundwork for a deal with DuPont had already been laid out.

  • *Each co's shareholders to get about 50 pct of DowDuPont. Dec 11- Chemical giants DuPont and Dow Chemical Co agreed to merge in an all-stock deal valuing the combined company at $130 billion, with plans to eventually split into three. DuPont Chief Executive Ed Breen will be CEO of DowDuPont, and Dow Chemical CEO Andrew Liveris will be executive chairman.

  • Dec 11- Seeds and chemical maker Dow Chemical Co said it would buy the remaining stake in its joint-venture with Gorilla glass maker Corning Inc.. The transaction is expected to yield more than $1 billion in additional annual EBITDA at full run-rate synergies, Dow Chemical said. Dow and Corning will maintain their current equity stake in Hemlock Semiconductor...

  • Dec 11- Seeds and chemical maker Dow Chemical Co said it would buy the remaining stake it its joint-venture with Corning Inc, the supplier of Gorilla Glass for iPhones. Formed in 1943, Dow Corning produces silicon-based products for aerospace, automotive and electrical industries. The transaction is expected to yield more than $1 billion in additional annual...

  • SINGAPORE, Dec 11- A potential merger between Dow Chemicals and DuPont could unleash a new force in Asia's growing petrochemical sector with combined regional sales of nearly $17 billion to compete in an industry dominated by Middle East and East Asian firms. Whether as a newly created company or a subsidiary of a huge parent, it could create a petrochemical...

  • Monsanto open to acquisitions in Brazil - CEO Thursday, 10 Dec 2015 | 4:02 PM ET

    SAO PAULO, Dec 10- Monsanto Co, the world's largest seed company, is open to acquisitions in Brazil, where assets have become cheaper as the local currency tumbled, its top executive in the country said on Thursday. "If an interesting opportunity emerged in Brazil, Monsanto would certainly consider it, especially if it fits with our vision of what agriculture will be...

  • BEIJING, Dec 10- China awarded four refineries in Shandong province quotas to import crude oil, the country's state planner said on Thursday. The four firms are Shandong Huifeng Petrochemical Group, Tianhong Chemical, Shandong Shouguang Luqing Petrochemical and Shandong Jingbo Petrochemical, according to statements on the National Development and Reform...

  • Dec 9- A potential $130 billion merger of Dow Chemical Co and DuPont could prompt a renewed flurry of takeover bids for European rivals with Switzerland's Syngenta AG the most likely target. Syngenta, the world's largest agrochemicals company, fended off a $47 billion offer from U.S. group Monsanto in August and reportedly rejected a $42 billion pursuit by...