Sector News

Solvay seeking to divest Acetow business?

November 10, 2014
Energy & Chemical Value Chain
Solvay’s spokesperson on Sunday declined to comment to CW on a report on Bloomberg that the company has hired Goldman Sachs and Credit Suisse Group to advise it in a possible sale of its Acetow business. Acetow is a leading global producer of cellulose acetate tow for cigarette filters, previously a part of Rhodia. The spokespersons said the company never comments on market rumors.   
 
> Read the full art6icle on the Chemical Week website
 
By Natasha Alperowicz
 

comments closed

Related News

July 21, 2024

PepsiCo and Yara partner to decarbonise European crop production

Energy & Chemical Value Chain

PepsiCo Europe and crop nutrition company Yara have announced a long-term partnership aimed at providing European farmers with low-carbon crop nutrition solutions to help decarbonise the food value chain. Under the agreement, Yara will supply PepsiCo with up to 165,000 tons of fertiliser per year by 2030, covering around 25% of the food and beverage giant’s crop fertiliser needs across Europe.

July 21, 2024

BASF sells Flocculants business for mining applications to Solenis

Energy & Chemical Value Chain

BASF has signed an agreement to sell its flocculants business for mining applications to Solenis, a specialty chemicals manufacturer. The divestment of the flocculants business to Solenis is part of BASF’s ongoing portfolio optimisation with the aim of focusing on strategic core areas.

July 21, 2024

ADAMA announces Gaël Hili as President and CEO replacing Steve Hawkins

Energy & Chemical Value Chain

ADAMA Ltd. a leading crop protection company, announced that its board of directors has appointed Gaël Hili as its President and Chief Executive Officer, effective October 1, 2024. Hili will join the Syngenta Group Leadership Team and will be based in Tel Aviv.

How can we help you?

We're easy to reach