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Chemical

3M acquires DIY, professional business of GPI Group

October 3, 2011
ST. PAUL, Minn. -- 3M announced today that it has completed its acquisition of the do-it-yourself and professional business of GPI Group, according to a press release. Headquartered in France, GPI
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Canada updates chemicals management strategy

October 3, 2011
OTTAWA, Canada -- The Canadian government has announced plans to invest $508 million into its chemicals management strategy, the Winnipeg Free Press reported. Environment Minister Peter Kent and Health Minister
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BASF dismantles polymer production facilities in Finland

September 26, 2011
FINLAND — Chemical company BASF has commenced the dismantling and demolition of its Kaipiainen polymer production facilities in Finland, according to a press release.The activity is part of a strategic
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SKF opens second bearing factory in China

September 26, 2011
GOTEBORG, Sweden — SKF today officially opened its second bearing factory in Dalian, northeast China, according to a press release.The factory produces medium size bearings, which complement the range of
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Berkshire Hathaway acquires chemical maker Lubrizol for $9 billion

September 19, 2011
OMAHA, Neb. — American conglomerate Berkshire Hathaway has completed its $9 billion acquisition of specialty chemical maker Lubrizol, according to Banking Business Review.With the closing of this transaction, Lubrizol is
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Tyco International to split into three independent companies

September 19, 2011
SCHAFFHAUSEN, Switzerland — Tyco International Ltd. today announced that it will split into three independent, publically traded companies, according to a press release.The three companies created through the separation
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Fire breaks out at Shanghai petrochemical plant

September 9, 2011
SHANGHAI — A fire broke out late Thursday evening in an alkene production facility at the Shanghai Secco Petrochemical Co., Xinhua News Agency reported.Firefighters worked through the night to extinguish
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Former auto-chemical exec sentenced to prison

September 9, 2011
NEW YORK — James Margulies, a former automotive-chemical CEO, received a prison sentence of seven to 21 years for a multimillion-dollar stock manipulation scheme, The Associated Press reported.The former
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European Commission to review controversial chemical regulation

August 29, 2011
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Somali pirates hijack chemical tanker off Omani coast

August 22, 2011
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