AMSTERDAM, Oct. 2, 2018 (Press Release) -Akzo Nobel N.V. (AKZA; AKZOY) has today announced shareholders will receive €5.5 billion, following completion of the sale of the Specialty Chemicals business. This is in addition to €1 billion advance proceeds distributed by a special cash dividend paid on December 7, 2017.
A total of €6.5 billion will have been distributed to shareholders, delivering on a commitment to return the vast majority of €7.5 billion net proceeds, from the separation of the Specialty Chemicals business.Read more
HELSINKI, Feb. 19, 2018 (Globe Newswire) -Kemira Oyj and the Nordic Investment Bank (NIB) have signed on February 19, 2018, a EUR 90 million loan agreement for Kemira's completed expansion of chlorate production in Joutseno, Finland as well as investments in research and development during 2016-2019.Read more
MUTTENZ, Switzerland, Jan. 25, 2018 (Press Release) -Clariant, a world leader in specialty chemicals, today acknowledges the investment by chemical industry peer and partner SABIC, which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were previously held by White Tale and 40 North, makes SABIC the largest Clariant shareholder.Read more
NEW YORK, Jan. 9, 2018 (Press Release) -Moody's Investors Service, ("Moody's") has assigned first-time ratings to Ingevity Corporation, including a Ba2 Corporate Family Rating ("CFR") and a Ba3 rating to the company's proposed $300 million senior unsecured notes. Proceeds will be used to fund the planned acquisition of pine chemicals business from Georgia-Pacific LLC (A3 stable), which was announced in August 2017 and expected to close by early 2018. The rating outlook is stable.
..Issuer: Ingevity Corporation
.... Corporate Family Rating, Assigned Ba2Read more
NORTH CHARLESTON, SC, Jan. 8, 2018 (Business Wire) -Ingevity Corporation announced today that it is commencing a private offering of senior unsecured notes in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended, subject to market and other conditions. If the offering is consummated, the company intends to use the proceeds of the offering to finance its planned purchase of substantially all the assets primarily used in the pine chemicals business of Georgia-Pacific Chemicals LLC and Georgia-Pacific LLC and for general corporate purposes.Read more
HELSINKI, May 10, 2017 (Press Release) -Kemira Oyj announces its intention to issue new euro-denominated fixed rate notes (the "New Notes"). Nordea Bank AB (publ) (the "Offeror") today also announces that it invites the holders of the EUR 200,000,000 2.500 per cent Notes due 27 May 2019 (ISIN: FI4000097084) (the "Notes"), issued by Kemira Oyj, to tender their Notes for cash on the terms and conditions set out in the tender offer memorandum dated 10 May 2017 (the "Tender Offer").Read more
DARIEN, CT, June 11, 2015 (Business Wire) -Genesee & Wyoming Inc. today provided a business update for the second quarter of 2015 and reported traffic volumes for May 2015.
Second Quarter 2015 Business UpdateRead more