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From the Blogosphere
ADM Enters Chemicals
Did not see this one coming but that does not mean it is a bad thing...<>
Archer Daniels Midland (ADM), the world's largest biofuel producer has formed an industrial chemicals group with a focus on exponentially increasing ADM's presence in industrial markets. The new business will take advantage of ADM's processing expertise and global distribution network to expand ADM's product offerings in industrial chemicals. The goal is for ADM to commercialize additional chemicals from renewable feedstocks.
"Renewable, biobased industrial chemicals fit into two major trends that we're seeing in the mark...
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Dow and Chemtura: Some, Not All
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Dow Chemical (DOW) will not purchase all of Chemtura (CEM) as rumored but, look for an acquisition of portions of it. <>
Dow has said "our strategy involves growing the Company's performance portfolio - both through organic growth and through carefully targeted acquisitions - while, at the same time, lightening our basics portfolio - principally through joint ventures. And we've made no secret of the fact that, right now, we're looking at dozens of opportunities and potential ventures around the world to advance that strategy. Some are in an early assessment phase, others are further advance...
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Dow and Chemtura: Some, Not All
Dow Chemical (DOW) will not purchase all of Chemtura (CEM) as rumored but, look for an acquisition of portions of it. <>
Dow has said "our strategy involves growing the Company's performance portfolio - both through organic growth and through carefully targeted acquisitions - while, at the same time, lightening our basics portfolio - principally through joint ventures. And we've made no secret of the fact that, right now, we're looking at dozens of opportunities and potential ventures around the world to advance that strategy. Some are in an early assessment phase, others are further advance...
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About Chemtura Corp.
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