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...They said BlackRock failed to support Bluebell’s position on environmental shareholder resolutions at mining and commodities group Glencore and chemicals group Solvay....
...Among the recipients were chemicals groups Solvay and Orbia, which plan to construct a $850mn polyvinylidene fluoride plant in Georgia by 2026....
...He’ll be replaced by Maike Schuh, who leads the German chemicals group’s performance materials division....
...A version of this article was first published by Nikkei Asia on July 27. ©2022 Nikkei Inc. All rights reserved....
...Solvay is carving out its cash-generating soda ash business used in glass and detergents, which accounts for slightly more than 60 per cent of the group’s CO2 emissions, as the Belgian group simplifies its...
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...Qubits v bytes: how quantum computing works Quantum computing taps into the quirky behaviour of sub-atomic particles, which bend our normal understanding of physics....
...Schiller joins from Goldman, where he was a Frankfurt based managing partner and also the bank’s global co-head of chemicals. He will remain based in Frankfurt....
...Also on board were the US heads of the European groups BASF, Novo Nordisk, Shell, Solvay Chemicals and Zurich Insurance, as well as leaders from Mahindra of India, Samsung of South Korea, Japan’s Panasonic...
...In perhaps the most notorious instance, oil driller Kerr-McGee separated its chemicals unit to form Tronox in 2004....
...It had been bought in 1980 by John du Pont, the chemical industry millionaire, sportsman and collector who kept it locked away in a vault....
...Earnings failed to impress investors, with shares in Belgian chemicals group Solvay falling 2.5 per cent to €108.65, even after beating annual profit expectations....
...Solvay, the Belgian chemical company, is a significant shareholder in Acal Energy....
...The transaction adds to a recent string of deals in the chemicals sector. Earlier this year, Solvay of Belgium announced a €3.4bn bid for French rival Rhodia....
...“The FTA will only translate into a few percentage point gains, but that could be enough to make a difference in the price war against China,” says André Nothomb, representative of Solvay, a Belgian chemical...
...Belgian drug and chemicals group Solvay climbed 3.1 per cent to €111.60 after UBS raised its rating to “buy” from “neutral”....
...Solvay is just trying to improve a painfully flabby financial structure....
...Belgian chemicals group Solvay gained 4.6 per cent to €95.65 after Bank of America Merrill Lynch raised its recommendation on the stock from “underperform” to “buy” on the back of its $4.8bn bid for France...
...Solvay, the Belgian chemical company, rose to its highest since October 2008 after reporting growing demand and rising fourth-quarter operating profit. Its shares rose 4.8 per cent to €84.17....
...Mr Vernon, who is the ‘v’ in Brevan, intends to “pursue other interests”. Of the five founding partners, Jean-Philippe Blochet left in November 2009 to join Moore Capital....
...In one key precedent, Basic Inc v....
...Chemicals companies Croda International , up 1.4 per cent to £17.18, and Elementis , 4.1 per cent stronger at 156p, were in demand after France’s Rhodia recommended a €3.4bn cash offer from Solvay....
...index was 1.1 per cent lower after Shanghai’s Composite index fell more than 5 per cent, while copper, the industrial metal bellwether, was off 3.5 per cent on concerns any move from Beijing designed to smother...
...Pfizer last year paid $68bn to acquire its smaller US rival Wyeth, while Abbott Laboratories of the US bought Solvay of Belgium’s pharmaceuticals business for $6.5bn....
...Most companies have also diversified their research portfolios, shifting from their traditional reliance on chemical-based drugs to biological ones including vaccines....
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