Akzo Nobel to return 5.5 billion euros to shareholders after division sale

Akzo sold its chemicals division for 10.1 billion euros to Carlyle Group in March, generating net proceeds of 7.5 billion euros

AkzoNobel Chemicals (SMC-Private) starts independent operations in Pakistan

LAHORE: AkzoNobel has announced that AkzoNobel Chemicals (SMC-Private) Limited (ANCPL) is now working as a separate legal entity in Pakistan.Operations in Pakistan as an independent entity will...

Urea inventory falls to five year low as crisis looms

LAHORE: Pakistan’s urea inventory was recorded at 86,155 tons at the end of July this year, reaching a five‐year low of around 105,000 tons last...

‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and form a...

OBS Pakistan to acquire Globe Textile Mills Ltd

OBS Pakistan (Private) Limited, a pharmaceutical company, through the newspaper advertisement, has shown its interest to acquire 14,891,829 ordinary shares of Globe Textile Mills Limited.

Chemical, Pharma exports down 25 per cent in May

Chemical and Pharmaceuticals exports during the month of May clocked in at $70.170 million, down 25 per cent from April’s exports of $93.259 million.

Ittehad Chemicals ion exchange membrane plant commences operations

In December last year, Ittehad Chemicals Limited and Punjab Board of Investment and Trade had signed a memorandum of understanding (MoU) to establish a state-of-the-art facility, valued at $40 million

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Malaysia files criminal charges against Goldman, ex-bankers in 1MDB probe

Goldman Sachs has been under scrutiny for its role in helping raise $6.5 billion through three bond offerings for 1Malaysia Development Bhd (1MDB), which is the subject of investigations in at least six countries