Diversified Chemicals

Page 1

KG Chemical to merge with wholly owned subsidiary

Tuesday, 19 May 2015 04:50am EDT

KG Chemical Corporation:To merge with a wholly owned subsidiary, which is engaged in manufacturing of agricultural fertilizers business, to improve operating efficency and create synergy.Merger effective date of July 21 and registered date of July 24.The company will survive and the subsidiary will be dissolved after the merger.

Nippon Kayaku to dissolve subsidiary

Monday, 11 May 2015 03:00am EDT

Nippon Kayaku Co Ltd:To dissolve a Shandong-based chemical subsidiary engaged in production and sale of dyes for paper, in China.

Hansa Group AG concludes an agreement to reduce the financial liabilities

Wednesday, 26 Mar 2014 04:42am EDT

Hansa Group AG:Signed an agreement with its financing banks which sets a binding frame for the operational and financial restructuring, following the signing of the announced restructuring framework and loan agreements with one of its main shareholders, financing banks and central financing partners.The agreement stipulates a reduction of the financial liabilities owed to financing banks and central financing partners from 109 million euros (as of Sep. 30, 2013) to approximately 46 million euros by late summer 2014.This results in a reduction of financial burdens of the remaining yearly redemption payments.The remaining obligations have a lifetime of up to 10 years and thus allow for a long-term and stable financial framework.Next to this debt relief it is intended to strengthen the company's equity by way of capital increases in an amount of maximum 48 million euros.

Mitsubishi Chemical Holdings Corp to transfer business to subsidiary

Tuesday, 25 Feb 2014 02:00am EST

Mitsubishi Chemical Holdings Corp:To transfer its health care solution business to its Tokyo-based wholly owned subsidiary, which engages in operation management of group companies engaged in health care related business.Transfer to be conducted on April 1.

Hansa Group AG announces updates regarding restructuring and issues financial guidance for 2015

Friday, 31 Jan 2014 12:54pm EST

Hansa Group AG:Announces that it has reached an agreement with all financing banks as well as key financing partners and Hansa Trust International AG's principal shareholders regarding a concept for a sustained financial restructuring of the company.Says settlement reached with the lenders will reduce debt by more than half.Says capital measures in the mid-double-digit million range designed to considerably strengthen the company's equity are also planned and will be borne to a degree by the principal shareholders.Says it expects to generate significantly positive earnings in 2015.

TAOKA CHEMICAL CO LTD completes liquidation of subsidiary and expects extraordinary loss for Q3 of FY 2014

Thursday, 30 Jan 2014 01:00am EST

TAOKA CHEMICAL CO LTD:Says it has completed liquidation of a wholly owned subsidiary, TAOKA (TIANJIN) FINE CHEMICAL CO.,LTD, on Jan. 30.Says it expects 97 million yen extraordinary loss on this for the third quarter of the fiscal year ending Mar. 2014.

Incitec Pivot Ltd Announces Restructuring Plans-Reuters

Monday, 11 Nov 2013 06:07pm EST

Reuters reported that Australia's Incitec Pivot Ltd announced a restructuring plan in the face of these negative factors, aiming to save AUD20 million in annual costs, and expected to deliver AUD12 million of savings in the 2014 fiscal year.

Sumitomo Chemical Co Ltd to Integrate Pesticide Business in US-Nikkei

Monday, 12 Aug 2013 06:47am EDT

Nikkei reported that Sumitomo Chemical Co Ltd will integrate the pesticide business in an United States-based sub-subsidiary to a subsidiary in the United States, McLaughlin Gomley King Company, in September 2013.

Tuticorin Alkali Chemicals And Fertilizers Ltd Announces Closure Of Factory

Tuesday, 16 Jul 2013 07:57am EDT

Tuticorin Alkali Chemicals And Fertilizers Ltd announced that with reference to the earlier announcement dated July 01, 2013 regarding Declaration of Lock Out, Tuticorin Alkali Chemicals & Fertilisers Ltd has informed that the Company have sought the permission of the Government of Tamil Nadu for the closure of the factory situated at Tuticorin. The production facility continues to be shutdown though the lock out was lifted on July 04, 2013.


  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: GlobalData
Provider: Wright Reports
Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Wright Reports

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.