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On 12 July Huntsman Corporation announced that it has terminated the merger agreement with Basell dated June 26, 2007 and has agreed to a definitive merger agreement with Hexion, an Apollo Management, L.P. portfolio company.

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Apollo Management's Hexion Specialty Chemicals has raised its offer for Huntsman Corp by USD 0.75 a share on Sunday night to USD 28 a share.

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Market report, Information Research (Div. of BRG UK Ltd.), 329 p., 207 tables, EUR 3250, purchase of individual sections possible

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Huntsman Corporation announced today that it has received a proposal to acquire all of the outstanding common stock of Huntsman for 27.25 USD per share in cash from Hexion Specialty Chemicals, Inc., an entity owned by an affiliate of Apollo Management, L.P.

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E-mail information service, forthnightly, GBP 250 per year, Polymer Library, Rapra Technology Ltd., polymerlibrary@rapra.net

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The Center for the Polyurethanes Industry (CPI) of the American Chemistry Council, formerly Alliance for the Polyurethanes Industry, has issued a call for entries for the 2007 Polyurethane “Innovation Award” nominations and has also changed this year’s award program’s three categories – Polyurethane Chemicals, Processing Equipment and Finished Products.

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Herbert F. Bender, Philipp Eisenbarth, Wiley-VCH, Weinheim, Germany, November 2006, hardcover, 398 p., EUR 99, ISBN 978-3-527-31541-3

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Basell and Huntsman Corporation have announced today that they have signed a definitive agreement pursuant to which Basell will acquire Huntsman in a transaction valued at approximately USD 9.6 billion, including the assumption of debt.

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The RAG subsidiary Degussa announced the formal opening of its new isophorone production line in Herne, Germany.

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Gary Benninger, chief operating officer of Amerityre Corporation, will serve as president of the company effective immediately and also assume the title of CEO on 1 September.

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