Huntsman Corp., The Woodlands, TX, announced it has received the $325 million termination fee provided for in the merger agreement between Huntsman and Hexion Specialty Chemicals Inc. Hexion committed to

Ciba has confirmed that it has received a request for additional information - commonly referred to as a “Second Request” - from the U.S. Federal Trade Commission (FTC) regarding BASF’s

Global specialty chemicals manufacturer Sartomer Co. has announced the restructuring of its Americas division, effective immediately. The restructure reflects the growth and independence of the European and Asian operations, which

Hexion Specialty Chemicals Inc. has announced that on December 13, 2008, Huntsman Corp. terminated the proposed merger between Huntsman and Hexion. On December 14, Hexion entered into a settlement agreement

The Dow Chemical Co. has announced a series of aggressive actions to accelerate its transformational strategy in light of current economic realities. Dow’s transformation to a lean Corporate Center, a

Purchasing managers survey shows overall economy in contraction for second straight month. For the full article, visit money.cnn.com/2008/12/01/news/economy/ISM_November/index.htm?postversion=2008120111.

BASF has announced it is taking measures to avoid the creation of overcapacities as a result of a massive decline in demand. The company is temporarily shutting down around 80

Brookfield Engineering, Middleboro, MA, has announced the acquisition of RheoTec Messtechnik GmbH of Dresden, Germany. Brookfield and RheoTec have been partners for the past 10 years in the sale of

The specialty chemicals group ALTANA has signed a contract to acquire Dick Peters B.V., a Dutch manufacturer of wax additives. Located in Denekamp, the Netherlands, Dick Peters B.V. is a

Henkel UK Limited has announced plans to close its Newark site with the potential loss of up to 35 jobs. The company has undertaken a strategic review of some of