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Ineos buys Axiall Corp.s aromatics business

2015-10-07 18:13:51| Canadian Plastics Headlines

Chemical supplier Ineos Group has acquired the aromatics business of Axiall Corp. for US$62.9 million. The deal comprises the cumene plant, based in Pasadena, Tex., which produces 900,000 tonnes of product and employs around 43 people. In addition the phenol,… The post Ineos buys Axiall Corp.s aromatics business appeared first on Canadian Plastics.

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Sports Direct buys remaining share in Warrnambool

2015-10-07 11:21:00| Daily apparel & textile news and comment - from just-style.com

Sports Direct has entered into a EUR47.5m (US$53.4m) agreement to purchase a majority stake in Warrnambool, the parent company of Irish retailer Heatons, and acquire the remaining shares it does not own in the retailer.

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DuPont CEO departure buys time to appease Peltz

2015-10-07 03:05:27| Chemicals - Topix.net

The departure of DuPont's chairwoman and chief executive Ellen Kullman has bought the U.S. chemical manufacturer a few months' grace to boost its stock price and appease activist investor Nelson Peltz. Before Kullman's surprise retirement announcement, the billionaire fund manager was considering launching a second attempt to get representation on DuPont's board, people familiar with his thinking said on Tuesday.

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Insider Buying: Thomas Pinaud Muir Buys 20,392 Shares of CI Financial Corp Stock

2015-10-07 02:23:24| Furniture - Topix.net

CI Financial Corp Director Thomas Pinaud Muir bought 20,392 shares of the company's stock in a transaction dated Monday, October 5th. The shares were purchased at an average price of C$31.03 per share, with a total value of C$632,763.76.

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Bunge buys US cooking oil firm Whole Harvest Foods

2015-10-06 13:56:53| Food - Topix.net

"Whole Harvest Foods' patented refining process creates a host of minimally processed products that have excellent taste and texture, a long fry life and require no artificial preservatives," said Tim Gallagher, executive vice president for the oilseed value chain at Bunge's North American operations, said. "The Whole Harvest Foods products are a great addition to our product portfolio."

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