Diversified Chemicals

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Brenntag AG to buy South African distributor Lionheart

Monday, 23 Feb 2015 07:00pm EST

Brenntag AG:To buy South African distributor Lionheart Chemical Enterprises.Transaction to close within next weeks of the announcement.

Hitachi Metals to sell subsidiary to Sumitomo Chemical

Tuesday, 3 Feb 2015 01:30am EST

Hitachi Metals Ltd:To set up a wholly owned subsidiary in Ibaraki in February, which to be engaged in production and sale of compound semiconductor.To transfer compound semiconductor business to the new subsidiary, effective April 1.To transfer 100 pct stake in the subsidiary to Sumitomo Chemical on April 1.

FMC Corporation acquires global rights to New Herbicide

Monday, 2 Feb 2015 09:00am EST

FMC Corporation:It has acquired all global rights to a novel, proprietary herbicide from Kumiai Chemical Industry Co., Ltd., and Ihara Chemical Industry Co., Ltd.The new herbicide is highly effective in controlling broadleaf weeds and will be initially developed for use in corn, cereals, soybeans and sugarcane in key countries around the world.Kumiai and Ihara discovered the chemistry in their research laboratories and partnered with FMC during the last two years to evaluate and develop the commercial potential for this new active ingredient. FMC owns all intellectual property rights to the new molecule.Terms of the agreement were not disclosed.

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