LANXESS

Definite agreement to acquire US flame retardants producer Chemtura / Latest step in path to becoming “new Lanxess” / EUR 2.4 bn deal to close by mid-2017

VERSALIS

Eni ends talks with SK Capital over potential sale / No agreement on “future governance” of chemicals arm

ITALY

Plastics industry in strong recovery mode in 2015 / Thermoplastics consumption rises by 3% to 5.5m t / Strong acceleration in Q4 / Demand from automotive segment particularly high / Biotechnology continues to play an important role

VERSALIS

LDPE plant in Ferrara down following renewed glitch

VERSALIS

Investor SK Capital confirms interest in Italian petchems producer / Ascend owner reportedly plans no facility closures

ADDIVANT

Polymer modifier range expanded with new coupling agents / More product launches planned in coming years

ADDIVANT

Former Chemtura business raises antioxidant capacity at Saudi joint venture / Meeting rising regional demand

ASCEND

UOP licenses C3 Oleflex process to Ascend in US / New plant to be built on Gulf Coast

CHEMTURA

SK Capital Partners completes acquisition of antioxidants and stabilisers business

CHEMTURA

Sale of antioxidant and UV stabilisers business to SK Capital / Deal includes production units in US, France and Germany

TPC GROUP

Largest US butadiene producer sold to private investor

ASCEND PERFORMANCE MATERIALS

Nylon production at Alabama plant to double

CHEMTURA

Expansion of global antioxidants and UV stabilisers production / PVC additives unit sold to Artek Arterian

CHEMTURA

Price increase for brominated flame retardants

CHEMTURA

SK Capital in "stalking horse” bid for global PVC additives business / Late February sale seen