Pharma Industry
Industry: Email Alert RSS FeedKerr-McGee Selling Specialties Business To Concentrate on Growing [TiO.sub.2] Market
Chemical Market Reporter, February, 1998 by HOFFMAN, JOHN
KERR-McGEE CHEMICAL LLC has signed a letter of intent to sell its electrolytic and specialty chemical businesses to Finnish Chemicals Oy. The proposed sale of the $125 million business in the US comes on the heels of Kerr-McGee's acquisition of an 80 percent stake in Bayer AG's European titanium dioxide business two weeks ago.
"This is another step in executing our strategy of continuously reviewing all of our operations to maximize their value for our shareholders," says Luke R. Corbett, Kerr-McGee's chairman and CEO. "This transaction and the pending sale of our ammonium perchlorate business to American Pacific Corporation will allow us to more fully concentrate on our growing worldwide titanium dioxide pigment business." The company is not disclosing...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express