BASF buys additional €1.7 bn crop science assets from Bayer


BASF SE has agreed to acquire additional seeds and crop protection assets from Bayer AG valued at €1.7 billion, in context of Bayer’s planned acquisition of Monsanto. The additional assets include: Bayer’s entire vegetable seeds business, operating under the global trademark Nunhem,  seed treatment products sold under the Poncho, VOTiVO, COPeO and ILeVO brands, the R&D platform for hybrid wheat and the complete state-of-the-art digital farming platform xarvioRead more

 

A major fire broke out after a blast at a chemicals factory in adjoining Raigad district, a senior official said A fire broke out at the factory of Privi Organics Limited, which has two manufacturing plants in the MIDC area of Mahad, Raigad district collector Dr Vijay Suryawanshi told PTI. Privi Organics manufactures aromatic chemicals, the IAS officer said. There was a blast in one of the plants shortly after noon, Suryawanshi said. “The fire spread fast due to strong wind and engulfed the plant, spreading to a nearby industrial oil company,” he added. Read more

 

Chicago Bridge & Iron Company (CB&I) has been awarded a contract valued at nearly $35 million by a leading Canadian infrastructure company for the engineering, procurement, fabrication and construction of three liquefied petroleum gas (LPG) spheres. “CB&I’s industry-leading storage solutions make it easier for our customers to meet energy needs anywhere in the world.  This facility will export LPG internationally where demand continues to grow,” said Richard Heo, CB&I’s executive vice president of fabrication services. Read more

 

AkzoNobel NV has appointed Nils Andersen as a new member of the supervisory board and subsequently appointed chairman by the board. Nils Andersen will succeed Antony Burgmans, who was the previous chairman and served three terms as a member of the supervisory board. Louis Hughes has also stepped down after serving three terms. Nils Andersen is a non-executive director at BP plc and Unilever, where he serves on the audit committees of both companies. Nils was group chief executive (CEO) of AP Moller – Maersk from 2007 until 2016 and had previously been president and CEO of Carlsberg and Carlsberg Breweries. Read more
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