NEW YORK, Nov 26- Industrial conglomerate Danaher Corp and private equity firm Blackstone Group LP are pursuing a joint bid for chemicals manufacturer Ashland Inc's water technologies unit, two people familiar with the matter said on Tuesday, in a deal that could top $1.5 billion.» Read More
Oct 29- U.S. chemical maker Huntsman Corp said it expected prices of white paint pigment to come out of a two-year slump by the end of next year as raw material prices stabilize and industrial demand improves. Huntsman shares rose as much as 7 percent, touching their five-year high on the New York Stock Exchange.
Oct 23- Strong demand for W.R. Grace& Co's construction, packaging and coatings materials helped quarterly profit scrape past analysts' estimates, even as prices of chemical catalysts, its main business, remained low.
Oct 22- U.S. chemical maker DuPont's third-quarter revenue rose 5 percent in part due to higher sales of solar panel parts and performance materials. Revenue rose to $7.74 billion from $7.39 billion a year earlier. Net income rose to $285 million from $5 million a year earlier, when the company recorded charges related to severance and restructuring.
*W.R. Grace shares up 2 pct. Oct 11- Dow Chemical Co will sell its polypropylene licensing and catalysts business to smaller peer W.R. Grace& Co for $500 million as the U.S. chemical maker looks to shed its non-core businesses.
Oct 10- Platform Acquisition Holdings Ltd, founded by Jarden Corp Chairman Martin Franklin, said it would acquire privately held specialty chemicals maker MacDermid Inc for about $1.8 billion. It supplies to retailers such as Wal-Mart Stores Inc, Target Corp and Bed, Bath and Beyond.
Oct 10- Jarden Corp's founder and chairman Martin Franklin's Platform Acquisition Holdings Ltd said it was in advanced talks with MacDermid Inc, a privately held specialty chemicals maker, for a possible acquisition.
Oct 10- Consumer products company Jarden Corp's founder and chairman, Martin Franklin, is planning to buy privately held specialty chemicals maker MacDermid Inc for $1.8 billion, the Wall Street Journal reported, citing people familiar with the matter.
*Adds to presence in $8 bln U.S. oil and gas chemicals. BRUSSELS, Oct 7- Belgian chemicals and plastics maker Solvay has agreed to buy privately held Chemlogics for $1.345 billion, bringing its share of the $8 billion- a-year U.S. market for chemicals used by the oil and gas industry to 10 percent.
Sept 17- Huntsman Corp said it would combine its pigment business with Rockwood Holdings Inc's as part of a $1.1 billion deal and eventually take the business public. Huntsman said its purchase of Rockwood's titanium dioxide business would make it the world's second-largest producer of the chemical, a key ingredient for white paint and coatings.
July 25- Dow Chemical Co will consider selling its epoxy, construction and chlorine businesses as it joins industry rivals in shedding units vulnerable to commodity price swings, its chief executive said.
*Sees adjusted EBITDA at $50- $60 mln in second half of 2013. Aug 5- U.S. chemical maker Rockwood Holdings Inc hopes to turn around the paint pigments business it has been trying to sell for a year as it expects raw material costs to halve. Other chemical makers such as DuPont, Huntsman Corp and Tronox Ltd are also considering options for their pigments business.
*Second-quarter adj profit $0.73 vs est $0.76. Aug 5- U.S. chemical maker Rockwood Holdings Inc, which is overhauling its business to focus on lithium production for batteries, reported a lower-than-expected profit, hurt by weakness in its paint pigments business.
July 25- Dow Chemical Co will consider selling its paint, construction and chlorine businesses as it joins industry rivals in shedding units vulnerable to commodity price swings, its chief executive said.
July 25- Dow Chemical Co reported a better-than-expected quarterly profit due to strong margins at its plastics business and higher pesticide sales, and said it was looking to further prune its business.
July 23- DuPont is exploring the sale of its once-lucrative performance chemicals unit, turning its back on the unpredictable paint business to focus on its thriving food and agriculture products.
July 23- DuPont said it was looking to sell or spin off its performance chemicals unit to insulate itself from flagging sales of paint pigments that have weighed on its results. DuPont, the largest U.S. chemical maker by market value, is looking to its food, energy and security businesses to lower reliance on the slow-growing industrial chemicals business.
July 23- Chemicals maker DuPont said it was looking to sell or spin off its performance chemicals unit, which includes its paint pigments business. The company reported a 13 percent drop in net income to $1.03 billion, or $1.11 per share, in the second quarter, from $1.18 billion, or $1.23 per share, a year earlier.
MEXICO CITY, July 18- Top U.S. paint maker Sherwin Williams Co said on Thursday Mexico's competition watchdog did not authorize its $2.34 billion purchase of Mexican paint company Consorcio Comex.
BEIJING/ SHANGHAI, June 24- Chinese companies are getting more creative in the business of money lending as they struggle to keep profits ticking over in a cooling economy, raising concerns they are adding to the mountain of debt risks building in the world's No.2 economy.
COLUMBIA, Md./ NEW YORK, June 16- A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace& Co and its surging sales to the energy sector.