NEW YORK-- Chemical maker Rockwood Holdings Inc. says that it has agreed to sell CeramTec, its advanced ceramics business, to European private equity firm Cinven for about $1.98 billion in gross proceeds.» Read More
*Audi says amount of glue used in its cars to rise 50 pct. BERLIN/ FRANKFURT, June 5- From Pritt stick in school bags to Audi sports cars, adhesives have come a long way since natural gums and resins, and new high-tech variations are currently top of the list for carmakers as they seek ways to make cars lighter and tougher.
FRANKFURT, April 26- U.S. specialty chemicals company Rockwood Holdings Inc has attracted bids from private equity groups for its industrial ceramics unit CeramTec, people familiar with the deal said. Permira, Cinven, BC Partners, TPG Capital and Bain Capital have handed in second-round bids by a Friday, April 26, deadline, people familiar with the investors said.
April 23- Chemicals maker DuPont's quarterly profit beat analysts' estimates as higher sales of its seeds and agriculture chemicals offset weak demand for the once-lucrative titanium dioxide paint pigment.
*Seller hoping for price tag of more than $2 billion. NEW YORK/ FRANKFURT, March 20- Specialty chemicals producer Rockwood Holdings Inc is preparing to launch a sale of two units that could fetch more than $2 billion, hoping to benefit from an uptick in the U.S. construction sector, people familiar with the matter said.
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.
*China: dumping caused major damage to domestic industry. BEIJING, Jan 25- China has imposed anti-dumping duties on European and U.S. exporters of two chemical solvents, the Commerce Ministry said on Friday, in the latest round of trade restrictions involving China and the West.
BEIJING, Jan 25- China has imposed anti-dumping duties on European and U.S. exporters of two chemical solvents, the Commerce Ministry said on Friday, in the latest round of trade restrictions involving China and the West.