NEW YORK, Sept 11- Taminco Corp shares were up 11 percent on Thursday after Eastman Chemical Co said it will acquire the specialty chemical company. Eastman Chemical's offer of $26 per share represents an 8.9 percent premium to Taminco's Wednesday close.» Read More
Aug 20- Buyout firm Carlyle Group LP backed performance coatings company Axalta Coating Systems Ltd filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock. The company listed Citigroup, Goldman Sachs, Deutsche Bank and JP Morgan among the underwriters for the IPO.
July 22- DuPont, the world's second-largest seed maker, said its agriculture business would not improve in the current quarter as it struggles to cope with farmers' preference for soybean rather than corn, the mainstay of the business.
July 15- Chemicals maker Albemarle Corp said it would buy rival Rockwood Holdings Inc for $6.2 billion to bulk up its lucrative specialty chemical offerings. Rockwood shareholders will get $50.65 in cash and 0.4803 Albemarle shares for each share they own. Albemarle's shares closed at $72.62 on the New York Stock Exchange on Monday.
July 15- Specialty chemical company Albemarle Corp said it would buy rival Rockwood Holdings Inc in a cash-and-stock deal valued at about $6.2 billion. Rockwood shareholders will get $50.65 in cash and 0.4803 Albemarle shares for each share they own. The offer translates to $85.53 per share, a 13 percent premium to Rockwood's Monday closing price.
June 30- Coatings maker PPG Industries Inc said it would buy Mexico- based Consorcio Comex SA de CV, an architectural and industrial coatings company, for $2.3 billion.
*Seifi Ghasemi to replace John McGlade. June 18- Industrial gas producer Air Products& Chemicals Inc named Seifi Ghasemi chief executive, amid pressure from Bill Ackman to overhaul its management, sending its shares up 8 percent to a life-high.
June 18- Industrial gas producer Air Products& Chemicals Inc, under pressure from Bill Ackman to overhaul its management, said it has appointed Seifi Ghasemi chief executive. Air Products& Chemicals shares rose nearly 9 percent in premarket trading.
NEW YORK, June 3- American Securities LLC is in advanced talks to acquire specialty chemicals company Emerald Performance Materials LLC from private equity peer Sun Capital Partners Inc for more than $1 billion, people familiar with the matter said on Tuesday.
*To pay minority shareholders $14 in cash for each PetroLogistics unit. May 28- A Koch Industries Inc unit will take PetroLogistics LP private in a deal worth $2.1 billion, including debt, gaining control of a plant that can convert cheap U.S. shale gas into propylene, a key petrochemical used to make plastics.
May 28- Propylene producer PetroLogistics LP said it would be taken private by a unit of Koch Industries Inc in a deal worth $2.1 billion, including debt. The unit, Flint Hills Resources LLC, will pay $14 in cash for each PetroLogistics unit to minority shareholders who own 27 percent of the company.
April 23- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, reported a stronger-than-expected rise in quarterly profit as cost controls helped to boost margins in its divisions that make coatings, plastics and crop-protection products. Dow Chemical cut 5 percent of its workforce and shuttered 20 plants in late 2012..
April 23- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, reported a better-than-expected rise in quarterly profit as cost controls helped to boost margins in businesses that make coatings, plastics and crop-protection products.
April 17- Chemicals maker DuPont expects its agriculture business to grow this quarter as farmers buy seeds and insecticides after a delayed start to planting season in North America, which hurt the company's revenue in the first quarter.
April 17- Chemtura Corp struck a deal to sell its agrichemicals business to rival Platform Specialty Products Corp for about $1 billion as it transforms itself into a pure-play industrial specialty chemical company.
April 17- DuPont reported a steeper-than-expected 3 percent fall in quarterly revenue as its agriculture business sold fewer seeds, herbicides and insecticides.
April 17- Chemicals maker DuPont reported a 57 percent fall in first-quarter net income due to the sale of its performance coating business, which added almost $2 billion to earnings in the year-earlier quarter.
Patrick Jany, CFO of Swiss specialty chemicals firm, Clariant, tells CNBC that the company had a good fourth quarter and are progressing on the operational side and their portfolio.
Chuck Bunch, CEO of PPG Industries, speaks about his company's future prospects.
CEO Charles Bunch told Cramer he expects a "solid economic picture" going forward.
Find out why Cramer says it is.