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The smarty pants at BASF seem to have got it right again with their $6.1bn bid for Ciba Specialty Chemicals and rumours that they might also be after Clariant.
Talking about counter-cyclical investment is one thing, but doing it is …
The long-contemplated attempt to build integrated petchem hubs in India, complete with shared utilities and strong investment incentives – aka China and Singapore – now seems even more of a hopeless pipe dream.
This follows the decision by Tata Motors …
There are strong rumours circulating that the hopelessly fragmented Indonesian petrochemical industry might undergo some more restructuring.
This would follow Titan Petrochemical’s purchase of troubled polyethylene producer PT Peni, now renamed PT Titan, for a bargain price.
Common ownership between …