Issue Date: December 20, 2010
BASF has completed its purchase of Cognis in a deal valued at about $4.1 billion. The company says it will develop integration plans by the end of the first quarter of 2011 and complete them by year’s end.
Lenzing will invest about $375 million to expand cellulosic fiber output. The firm will build a Tencel fiber plant in Lenzing, Austria; expand Tencel output in Mobile, Ala.; and expand rayon plants in . . .
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