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Chemicals

May 30, 2012

Australian Market Report of June 16: Lower US Stocks and Commodities Prices

2009/06/16 13:00 - The Australian shares closed lower as weaker commodities prices weighed on the resources sector. The benchmark S&P/ASX200 index fell 30.5 points, or 0.75 per cent, at 4031.7 points, while the broader All Ordinaries index shed 31.1 points, or 0.77 per cent, to 4030.4 points.

Australian Market Report of May 4: Market Digested Mixed News

2009/05/04 13:00 - The Australian shares were marginally lower on Friday. On Friday the benchmark S&P/ASX200 ended 10.9 points, or 0.3%, lower at 3769.6, while the broader All Ordinaries fell 6.8 points, or 0.2%, to 3737.9.

Tiande Chemical Holdings Limited (HKG:0609) Increasing Market Share in the Fine Chemical industry

2009/03/31 15:42 - Tiande Chemical Holdings Limited (HKG:0609) is a fine chemical manufacturer providing chemical products for manufacturers in the consumer product, pharmaceutical, agricultural, gasoline industries. Due to the growing demands from its already established client base, including famous household brand names Henkel and Givaudan. In FY 2008, the company recorded a strong growth in company turnover (by 26.3%), Gross profit (by 43.7%) and also EPS (by 14.8%). Company main product is Ester which account of approx 60% of its current turnover.

Australian Market Report of March 31: Worries Over US Auto Sector

2009/03/31 13:00 - Yesterday the Australian share fell on the weaker outlook in Europe and US markets. The S&P/ASX200 index ended the day down 1.8%, or 67.9 points, at 3604.4, while the broader All Ordinaries index lost 1.7%, or 61.4 points, at 3554.2.

Australian Market Report of March 30: A Slowdown after Weeks of Rallies

2009/03/30 13:00 - The Australian share closed slightly higher lifted by miners. The benchmark S&P/ASX200 index ended the day up 0.7%, or 25.7 points, at 3672.3, while the broader All Ordinaries index rose 0.8%, or 29.3 points, at 3615.6. For the week, the ASX200 added 6% and the All Ordinaries rose 6.2%.

Asian Markets Overview of February 24

2009/02/24 15:00 - Most major Asian indexes ended higher on Monday except for the Japan market. Tokyo stocks hit by the bankruptcy of nonbank lender SFCG dropped 2.8% in early trading and ended 0.5% at the close. South Korea's Kospi jumped 3.2%, China's Shanghai Composite added 2% and Hong Kong's Hang Seng Index surged 3.8%. This morning the Nikkei average extended its tumble after US stocks sank to a record low since 1997.

BASF (FRA:BAS) Expands Construction Chemicals Business to South China by Acquiring Kejie's Concrete Admixture Business

2008/12/16 09:42 - BASF Construction Chemicals (China) Co., Ltd. announced that it has acquired the concrete admixture business of Kejie Admixture Science & Technology Co. Ltd. ("Kejie"), a leading concrete admixture supplier in South China.

Australian Market Report of December 5: Concerns over Debt Refinancing

2008/12/05 13:00 - Australian stocks ended flat for a second day after an early rally sparked by Babcock & Brown's winning of a reprieve from bankers loses steam. Yesterday, the benchmark S&P/ASX200 share index ended little changed for a second day running, giving up just 1.4 points to 3542.4, while the All Ordinaries index ended down 0.2%, or 8.4 points, at 3468.1. Earlier, the indexes climbed about 2%. It is anticipated that the energy and mining sectors will plunge after the commodities price lowered with poor outlook and concerns over companies' ability of debt refinancing in a short term may weigh on the stocks.

BASF (FRA:BAS) Comes Closer To Acquiring Ciba

2008/12/03 10:08 - BASF (FRA:BAS)(OTC:BASFY) has come a step closer to acquiring Ciba. At the Extraordinary Meeting of Shareholders of Ciba Holding AG held today in Basel, Switzerland, the voting rights and registration restrictions in the articles of association of Ciba Holding AG were removed with effect as of the settlement date.

ALTANA (OTC:AAAGY) Affected By Economic Crisis

2008/12/02 14:09 - The specialty chemicals Group ALTANA AG has been increasingly affected by the recession in many parts of the world. Particularly over the last few weeks, the volume of orders and sales in most of the company's divisions have declined even more than expected.

Australian Market Report of November 10: Stocks to Soar on Positive Overseas News

2008/11/10 15:00 - At week's end, Wall St. rebounded with about 2.9% rise on hopes for further US rate cuts and President-elect Barack Obama's call for another economic stimulus plan. China's announcement over the weekend that it will spend 4 trillion yuan by 2010 to help re-ignite growth may also shore up Australian stocks, particularly miners.