Chemical Briefs.(LANXESS Europe GmbH und Company KG's bid to acquire Degussa AG)(Dow Chemical Co.'s joint venture with Chevron Phillips Chemical Company L.P.)(Celanese Chemical Company Inc.'s partnership with Accsys Technologies and its subsidiary Titan Wood)

Purchasing,  May, 2007  

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By Staff

Lanxess likes Degussa

German chemical firm Lanxess said it would bid for specialty chemicals maker Degussa, should current owner RAG decide to put Degussa up for sale. RAG is considering the sale of some assets as well as bringing others public. Degussa could be worth up to $13.4 billion, Bankhaus Metzler & Co. analyst Oliver Schwarz told Bloomberg. Lanxess recently said it maintains strong pricing power in the paints and rubber markets.

Lanxess Corp.'s Material Protection Products (MPP) business unit has signed a distributor arrangement with ...

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