Huntsman Corp. Wednesday confirmed that the company has numerous options to increase shareholder value following the separation of its Pigments and Additives business.
The options include a merger of equals transaction and it will be considering the options carefully.
Executive Chairman Jon Huntsman, in a Bloomberg article, commented that “a number of companies would be suitable merger candidates.”
Source: RTT News
ExxonMobil Corp. (Spring, Tex.) announced the startup of two new chemical production units at its Baytown, Texas, manufacturing facility. The $2 billion expansion is part of ExxonMobil’s long-term growth plans to deliver higher-value products from its U.S. Gulf Coast refining and chemical facilities.
Ineos Enterprises has announced the acquisition of Eramet Titanium & Iron (ETI) from Eramet for €230 million ($245 million). The deal was completed on Sept. 21 and takes immediate effect, following the satisfaction of regulatory approvals.
Arxada has appointed Sanjeev Rastogi as Chief Executive Officer (CEO), effective immediately. He succeeds Marc Doyle who led Arxada since its foundation and will join the company’s board of directors as a non-executive member.