Topic: Chemicals Sector
Terra favoring CF over Yara in buyer battle
AP News
Terra says it favors CF acquisition bid, gives Norwegian company Yara 5 days to respondFertilizer company Terra Industries said Wednesday its board favors a bid to be acquired by CF Industries instead of a previous agreement with Norway's Yara. Terra, based in Sioux City, Iowa, has given Yara five ...
Greens hail Supreme Court action on flaring loophole
Reuters Environmental Online Report
HOUSTON (Reuters) - U.S. environmental groups said a loophole that gave refineries and chemical plants leeway to exceed pollution limits indiscriminately for 16 years was permanenently closed by the Supreme Court's decision Monday to not hear an appeal from a lower court. "When they exceed their emission limits, they ...
Court declines to disqualify Air Products lawyers
Reuters US Online Report Business News
NEW YORK (Reuters) - A Delaware court declined on Friday to disqualify a law firm that Air Products and Chemicals Inc <APD.N> is using in its $5.1 billion bid to acquire rival Airgas Inc <ARG.N>. As part of its bid, Allentown, Pennsylvania-based Air Products ...
Dow Chemical sell Styron to Bain for $1.63 billion
AP News
Bain gets Dow's Styron plastics unit for $1.63 billionDow Chemical sold its Styron plastics division to Bain Capital for $1.63 billion, the company said Tuesday, ending months of circling by Bain and other private equity firms. For Dow, the deal is a further unloading of debt after ...
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