Posts Tagged ‘foreign investment in chemicals’

Tata Chemicals Limited acquires UK based British Salt Limited through its subsidiary

Comments Off | 12-22-2010

Tata Chemicals Limited announced the acquisition of UK based British Salt Ltd. The investment was made by Tata Chemicals Ltd’s wholly owned UK subsidiary Brunner Mond (BMUK). Brunner Mond acquired the UK-based British Salt Limited for $144 million (around Rs.656.48 Crore).
The acquisition will be financed entirely through debt, with no recourse to TCL. British Salt

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Camlin Fine Chemicals Ltd acquires Borregaard Industries Ltd’s subsidiary

Comments Off | 12-17-2010

Camlin Fine Chemicals Ltd has acquired UK-based Borregaard Industries Ltd’s subsidiary, Borregaard Italy. The acquisition is part of Camlin Fine Chemicals backward integration strategy. Borregaard, Italy manufactures Hydroquinone, which is a petrochemical based product, the basic starting material required for Camlin Fine’s major product range of food antioxidant and products like TBHQ, BHA.
The closing of

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Elliott Group Limited acquires Caltin Containers Ltd

Comments Off | 12-13-2010

Elliott Group Limited announced the completion of its acquisition of Caltin Containers Ltd. Caltin is based in Milford Haven, Pembrokeshire and has a fleet which includes containers, jacklegs and anti-vandal units. This is in addition to a self store business which is also run from their Milford Haven site.
The Caltin purchase assists Elliott in fulfilling

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British oil giant BP Plc agrees to sell its interests in ethylene and polyethylene production in Malaysia to Petronas

Comments Off | 09-2-2010

BP Plc Wednesday reported it had agreed to the purchase of its interests in ethylene and polyethylene manufacture in Malaysia by Brazilian company, Petronas. BP Plc, the British oil giant said the deal will see Petronas remit $363 million in cash. BP said it had agreed on the sale of 15% of its stake holding

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