AGP Executive Report
Last update: 6 hours agoMajor Deal: Mitsui Chemicals is set to acquire chip-materials maker JSR for $11.6 billion, with Development Bank of Japan backing the deal. Supply Chains: Aramco-DHL venture ASMO has expanded into procurement of drilling chemicals and project materials, adding to its role across more than 470 agreements. M&A: AkzoNobel and Axalta won conditional EU approval for their merger after agreeing to sell AkzoNobel’s European vehicle-refinish coatings business; the companies expect to close in early 2027. Trade: The European Commission opened a safeguard probe into PET resin and related imports, citing global overcapacity and pressure on EU producers. Earnings: SK Chemicals more than doubled third-quarter operating profit to 33.6 billion won, while Tata Chemicals reported a ₹50 crore quarterly loss amid higher costs and weaker realisations. Liability: 3M agreed to pay up to $7.35 billion to resolve PFAS-related claims involving as many as 120,000 people.
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