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11. December 2007

Perstorp acquires TallOil

Swedish speciality chemicals company Perstorp has acquired Stockholm based bio-oil business TallOil AB.

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BASF will begin expanding its production capacity for epsilon-caprolactone (CLO) with a first project to raise its annual capacity by up to 2,000 mt in 2008.

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10. December 2007

Dow acquires Edulan A/S

The Dow Chemical Company, Midland, MI, USA, announced that it has completed the acquisition of Edulan A/S, Aarhus, Denmark, an independent PU systems house specialised in rigid foam and elastomer formulation technologies.

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Bayer and the Dow Chemical Company have completed a license agreement that allows Dow to produce polyether polyols using Bayer's patented Impact technology. Financial terms regarding cost of the license have not been disclosed.

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Huntsman Corporation, The Woodlands, TX, USA, announced the expansion of its Osnabrück, Germany, TPU facility by investing in a new line to produce specialist high performance TPU grades.

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Cargill’s BiOH Polyols business is announcing a USD 0.07 per pound global price increase effective 1. January 2008, or as contract terms permit.

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Effective 15 November 2007, BMS, Leverkusen, Germany, has raised its sales prices for TPU resins in the Europe, Middle East, Africa (EMEA) and Latin America regions by EUR 0.30/kg.

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DuPont Fluorochemicals announced a price increase of USD 0.10 per pound for bulk and packaged Formacel S (HCFC-22) foam expansion agent in North America, effective 15 September 2007, subject to terms and conditions of existing purchase agreements.

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Effective 1 November 2007, or as contract terms allow, the polyurethanes business of the Dow Chemical Company will raise its polyol prices in Europe by EUR 100 per metric ton for flexible, rigid and CASE polyols and by EUR 150 per metric ton for copolymer polyols.

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30. October 2007

Hennecke sold

One day before the end of the K 2007, Bayer MaterialScience, Leverkusen, Germany, announced that its subsidiary Hennecke GmbH, Sankt Augustin, Germany, was sold to the Adcuram Group, Munich, Germany, for an undisclosed amount.

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