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...A version of this article was first published by Nikkei Asia on July 2022. ©2022 Nikkei Inc....
...stake is CHF 32.4, per SABIC’s past disclosures, and CHF 29 accounting for the special dividend paid in Jul 2020 – both significantly above the current Clariant price) and a group of former shareholders of Süd-Chemie...
This is a dispute for independent directors to settle
...• Saurabh Sud has moved to T Rowe Price, the $991bn Baltimore-based investment manager, as a fixed income portfolio manager. Mr Sud was previously at Pimco....
...Maersk has boosted its container business by buying Hamburg Süd, the German operator with a strong position in Latin America, for $4bn....
...Their fears were echoed by Dieter Seng, the president director of Sud-Chemie, an Indonesia-based producer of bentonite, a derivative of clay that is used to colour edible oils, which was acquired by Clariant...
...“For Clariant the transaction marks a significant milestone in the execution of its profitable growth strategy, after the acquisition of Süd-Chemie in 2011,” he said, adding that by the end of 2013, Clariant...
...Organisation) Krishen Sud (Sivik Global Healthcare, Inc.)...
...Shares in Clariant, the Swiss speciality chemicals group that bought Süd Chemie of Germany for €2bn ($2.8bn) this year, fell 16 per cent after the company warned about profits....
...DuPont’s warning follows a similar cut in profits outlook by Wacker Chemie, the German chemicals company, as the industry tries to cope with shrinking inventories....
...Family representatives will gain two board seats, and Süd-Chemie’s chief executive a third. “Süd-Chemie is a jewel, but it’s been hidden, as it’s never really been on the market,” said Mr Witmer....
Eurofirst finishes tentatively higher on Friday
...German bank Bayern LG and French toll road operator Autoroutes du Sud both had to delay plans to issue bonds late last week....
...Chief Financial Officer, Hero Honda Motor Ltd (HHML) Ravi Sud said, “We are looking at tie-ups to source technology for aggregates such as engines and transmissions and have initiated talks with a few companies...
...Chief Financial Officer, Hero Honda Motor Ltd (HHML) Ravi Sud said, “We are looking at tie-ups to source technology for aggregates such as engines and transmissions and have initiated talks with a few...
...Ems-Chemie added 2.8 per cent to 130.10....
...Wacker Chemie added 0.7 per cent to €122.30, while Yara International rose1.9 per cent to NKr227.30....
...Renu Sud Karnad, Indian Housing Development Finance Corporation, executive directorSince 2000 in current role, with group since 1978....
...EMS Chemie, a midsized Swiss specialist, has remained buoyant by making the most of its closeness to final customers, often in the motor industry, by offering ever more clever plastics to replace metal parts...
...Wacker Chemie,German chemicals group, added 12.8 per cent to €76.65 after Merrill Lynch raised its rating from “neutral” to “buy” and Equinet raised the stock from “accumulate” to “buy”....
...BMW advanced Wacker Chemie , German chemicals and silicon group, rose 2 per cent to €121.80 after Citigroup said the company’s share price failed to reflect the growth potential and reiterated its ”buy”...
...Germany’s Wacker Chemie , which makes silicon wafers, dropped 5 per cent to €132.11, while ASML , the Dutch maker of chip-manufacturing equipment, lost 3.6 per cent to €16.98....
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