Tronox to sell alkali chemicals business for $1.3 bn cash


Tronox to sell alkali chemicals business for $1.3 bn cash

Tronox Limited (TROX) has signed a definitive agreement to sell its alkali chemicals business to Genesis Energy LP (GEL), a diversified midstream energy master limited partnership headquartered in Houston, Texas, for $1.325 billion in cash. The transaction is expected to close in the second half of 2017. The sale of alkali chemicals is the next step in positioning Tronox as the global leader in TiO2Read more

 

 

BASF inaugurates new pharma technical lab in India

India Limited, subsidiary of BASF SE has inaugurated its pharma technical lab at its Innovation Campus Asia Pacific, located in Navi Mumbai, India. Named “BASF Pharma Solutions Lab”, the facility will cater to the fast-growing pharmaceutical market in South Asia, especially generic drug manufacturing, which accounts for more than 70 percent of the sector in India. Read more

 

 

 

Showa Denko to increase prices for fluorine-based gases

 

Showa Denko K K (SDK) has decided to increase prices of its high-purity fluorine-based gases for electronics. Specifically, SDK will increase prices of high-purity FC-116 (C2F6) and FC-14 (CF4) gases by about \500 ($4.5) per kilogram each as from shipments on 1 September. Read more

 

 

 

Quaker’s water-based coating to prevent corrosion

 

Quaker Chemical Corporation (KWR) has developed QUAKERCOAT 801, a fast-drying water-based coating that provides permanent protection for diesel engines or any other metal surfaces from corrosion.  This product meets the strict criteria of the regulation, “HK-2537: Technical requirements for environmental labelling products – Water based coatings”. Read more

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