Delta Technology Holdings Sales Up Significantly in Q4 2016

ZHENJIANG, China, Jan. 19, 2017  -- Delta Technology Holdings Limited (NASDAQ: DELT) today provided investors unaudited sales figures of four main products for the fourth quarter (calendar quarter) of 2016, ending 31 December. Highlights include:
 
1. Delta Technology sold 133.30% more products in Q4 2016 than in Q4 2015.
2. The revenue of these products increased 139.55%.
3. Unit prices of these products also increased significantly in Q4 2016.
"Delta Technology is determined to provide higher quality products and to focus our priority resources on higher value-added products and clients. This policy is leading the Company to increased revenue compared to 2015, said Company CEO Mr. Xin Chao.
Published: 19 January 2017
Written by Editor
Nasdaq   Financial Results   Up on News  
Read more: Delta Technology Holdings Limited ( DELT )

Chemtura to Be Acquired by LANXESS in ~$2.5 Billion All-Cash Transaction

PHILADELPHIA --  Chemtura Corporation (CHMT) (Euronext Paris: CHMT) (“Chemtura”) today announced that it has entered into a definitive agreement pursuant to which LANXESS AG (“LANXESS”), a global specialty chemicals company, will acquire Chemtura in a transaction valued at approximately $2.5 billion. Under the terms of the agreement, Chemtura shareholders will receive $33.50 per share in cash for each outstanding share of common stock held, which represents an 18.9% premium to the stock’s closing share price of $28.18 on September 23, 2016. The respective boards of both companies have unanimously approved the transaction.
 
“For the past year, our management team and Board of Directors have been actively working to identify a transformative opportunity to create value for our shareholders and to enhance the scale, strength and diversity of our business, both vertically and geographically, for the benefit of our customers and employees. The transaction we are announcing today delivers on that promise,” said Craig A. Rogerson, President, Chief Executive Officer and Chairman of the Board of Chemtura. “It provides premium value to our shareholders and benefits our customers and employees by making Chemtura part of a larger, stronger global enterprise with the resources to fully support a more diverse suite of specialty chemicals products and services.”
Published: 26 September 2016
Written by Editor
NYSE   M & A   Up on News  
Read more: Chemtura Corporation ( CHMT )

Amyris Achieves Record Low Cost Farnesene Production

Accelerates Sales Growth in Performance Polymers and Industrial Solvents Markets

EMERYVILLE, Calif., Oct. 12, 2015 -- Amyris, Inc. (AMRS), the industrial bioscience company, today announced that after achieving a record low manufacturing cost of $1.75 per liter for farnesene in September 2015, Amyris has also accelerated its sales activity relating to high-performance polymer-grade farnesene for the polymers market and Myralene(TM) as a replacement for higher-priced limonene. Amyris expects several of its current partners to place initial orders for these products based on a guaranteed price for a three-year period that is lower than current prices for the materials being replaced.

Published: 12 October 2015
Written by Editor
Read more: Amyris Inc ( AMRS )

Canexus Announces Business Combination With Superior Plus Corp.

CALGARY, AB--(October 06, 2015) - Canexus Corporation (CUS.TO) (the "Corporation" or "Canexus") is pleased to announce that it has entered into an arrangement agreement (the "Arrangement Agreement") with Superior Plus Corp. ("Superior"), pursuant to which Superior has agreed to acquire all of the issued and outstanding common shares of Canexus ("Canexus Shares") for a value at announcement of approximately $1.70 per Canexus Share (the "Transaction), payable in common shares of Superior ("Superior Shares"). Pursuant to the Arrangement Agreement, Canexus shareholders will receive 0.153 (the "Exchange Ratio") of a Superior Share for each Canexus Share, representing the equivalent of $1.70 per Canexus Share on the 20-day volume weighted-average-price ("VWAP") of Superior Shares. This represents a premium of 36.5% based on the 20-day VWAP of the Superior Shares and the Canexus Shares on The Toronto Stock Exchange ("TSX") as of October 5, 2015 and a premium of 47.6% based on the closing prices of the Superior Shares and the Canexus Shares on the TSX on October 5, 2015.

Published: 06 October 2015
Written by Editor
TSX   M & A   Up on News  
Read more: Canexus Corporation ( CUS )