ICI to Sell 51% Interest in South African Explosives Joint Venture
ICI Agrees Sale of Methylamines and Derivatives Business for £67 Million
ICI Agrees Sale of Explosives Business for $370 Million
ICI Completes Disposal as Part of £3 Billion Programme
ICI Completes Disposal of Polyester Film Business for $650 Million
ICI Agrees to Sell 'Propafilm' Business to UCB
ICI Agrees Sale of Americas Tioxide Operations for $250 Million
ICI Sells Solid Reagent Chemicals Business
ICI Agrees to Sell UK Ethoxylation Unit and Associated Businesses
ICI To Sell Polyurethanes, Tioxide and Selected Petrochemicals for £1.7 billion
ICI to Sell German Acrylic Sheet Subsidiary
Celanese Announces Acquisition of Emulsion Polymer Business from ICI
ICI Agrees to Sale of Uniqema ICI Announces the sale of Quest
ICI Rejects 650p per share proposal from Akzo
ICI to Sell 51% Interest in South
African Explosives Joint Venture
http://www.ici.com/po_arch_story.jsp?archive=1&year=1997b&newsId=270
ICI has agreed to sell its 51 per cent shareholding in South African based explosives business AECI Explosives Limited( AEL) to its joint venture partner, AECI Limited for US$117 million in cash.
ICI Agrees Sale of Methylamines
and Derivatives Business for £67 Million
http://www.ici.com/po_arch_story.jsp?archive=1&year=1997b&newsId=268
ICI has reached agreement to sell its Methylamines and Derivatives Business to Air Products for £67 million in cash.
ICI Agrees Sale of Explosives
Business for $370 Million
http://www.ici.com/po_arch_story.jsp?archive=1&year=1997b&newsId=267
ICI has reached agreement for the sale of its explosives activities in the Americas and Europe to ICI Australia (Orica), for US$ 370 million in cash.
ICI Completes Disposal as Part of
£3 Billion Programme
http://www.ici.com/po_arch_story.jsp?archive=1&year=1998a&newsId=125
ICI's rapid portfolio reshaping has continued with the announcement of the completion of the sale of its polyester polymer and intermediates (PTA and PET) interests in the UK and USA, and its 70% shareholding in its PTA joint venture in Taiwan, to DuPont for $1.4 bn (£ 0.8 bn).
In July, ICI acquired the former Unilever Speciality Chemicals businesses for a total of £4.8 bn. At the time of the acquisition, ICI targeted a disposal programme of £3 bn over three years. Since July, ICI has already achieved its three year target. The transactions include:-
・The sale of ICI's 62.4 per cent shareholding in ICI Australia( Orica) for almost £1 bn;
Agreeing to sell its polyester polymer and intermediates, titanium dioxide (outside North America), and polyester film businesses to DuPont for £1.8 bn;
・Agreeing the sale of the explosives business in the Americas and Europe to ICI Australia (Orica) for £230 m;
・Selling the 51 per cent shareholding in its South African based explosives company to AECI for £70 m;
・Selling its North American based Forest Products to Pioneer Companies Inc for £140 m;
・Selling the UK based fertilizer business to Terra Industries for £200m, plus a deferred phased market related payment of up to a further £50 m;
・Selling its methylamines and derivatives business to Air Products for £67 m;
・Selling its company HQ at Millbank , London which it now leases back, and other property disposals for some £120 m
ICI Completes Disposal of
Polyester Film Business for $650 Million
http://www.ici.com/po_arch_story.jsp?archive=1&year=1998a&newsId=132
ICI has completed the sale of its polyester film business, which includes manufacturing sites in the USA, UK, Netherlands, and Japan, to DuPont for US $650 million (£400m) in cash. The sale will also give rise to a pre-tax exceptional gain after provision of $100m (£60m).
1998/2/4
ICI Agrees to Sell 'Propafilm' Business to UCB
http://www.ici.com/po_arch_story.jsp?archive=1&year=1998a&newsId=133
ICI has reached agreement to sell its global interests in 'Propafilm' oriented polypropylene (OPP) films to UCB SA.
1998/7/24
ICI Agrees Sale of Americas Tioxide Operations for $250 Million
http://www.ici.com/po_arch_story.jsp?archive=1&year=1998b&newsId=171
A further step in this process of transformation was announced today after the signing of an agreement with NL Industries, Inc. of Houston , Texas under which NL Industries will acquire ICI's titanium dioxide businesses (Tioxide) in the Americas for about US $ 250 million.
1998/11/10
ICI Sells Solid Reagent Chemicals Business
http://www.ici.com/po_arch_story.jsp?archive=1&year=1998b&newsId=183
ICI Acrylics announced today that it has sold its solid reagent chemicals business to DuPont. Solid reagents are used in the extraction of gold from ores.
ICI Agrees to Sell UK
Ethoxylation Unit and Associated Businesses
http://www.ici.com/po_arch_story.jsp?archive=1&year=1998b&newsId=190
Consistent with the strategy of concentrating resources on the higher added value segments of its portfolio, ICI has reached an agreement with Shell Chemicals U.K. Ltd for the sale of its interests in the distribution of ethylene oxide in the UK and Continental Europe, and its UK resale businesses in propylene oxide and propylene glycols.
ICI Sells Chance and Hunt
http://www.ici.com/po_arch_story.jsp?archive=1&year=1999a&newsId=249
As part of its continuing restructuring programme, ICI has today announced the sale of its trading subsidiary Chance & Hunt to a management buyout backed by venture capital company Close Investment Management Limited.
1999/4/15
ICI To Sell Polyurethanes, Tioxide and Selected Petrochemicals
for £1.7 billion
http://www.ici.com/po_arch_story.jsp?archive=1&year=1999a&newsId=248
ICI has today agreed to sell its polyurethanes, titanium dioxide and selected petrochemicals businesses to Huntsman, the largest privately owned chemicals group in North America, for an aggregate consideration of £1.7 bilIion. Initial net proceeds to ICI from the disposals are expected to be approximately £1.3 billion which will be used to reduce Group debt.
1999/7/16
ICI to Sell German Acrylic Sheet Subsidiary
http://www.ici.com/po_arch_story.jsp?archive=1&year=1999b&newsId=101
ICI to Sell German Acrylic Sheet Subsidiary ICI Acrylics has reached agreement to sell its German subsidiary ICI Acrylics GmbH which operates the extruded sheet plant at Nischwitz, near Leipzig, to Barlo Group plc.
2000/11/2
ICI Agrees Sale of UK Methanol Business
http://www.ici.com/po_arch_story.jsp?archive=1&year=2000b&newsId=53
ICI has agreed to sell its UK based methanol business to Methanex of Vancouver, the world's largest producer and marketer of methanol. The value of the transaction to ICI is expected to approach £15 million.
ICI Announces the sale of
Quest for 1,200m GBP フレーバー、香料
Imperial Chemical
Industries PLC has reached an agreement to sell Quest, its
flavours and fragrance business, to Givaudan for a gross cash consideration of
1,200 million GBP (英ポンド =2,680億円), subject to closing balance sheet
adjustments, including working capital and net debt.
Of the gross consideration, around 70 million GBP will be used to
provide for deal-related tax and costs. Of the balance,
approximately 230 million GBP will be used to reduce ICI's
post-retirement benefit deficits and around 900 million GBP will
be used in the near term to eliminate net debt.
About ICI
ICI is one of the world's major specialty products and paints
businesses. Alongside Quest, the Group's principal businesses are
National
Starch and ICI Paints, which together account for more
than 72% of ICI's sales. Today around a quarter of ICI's sales
are made in Asia Pacific, with 30% in Europe and over 40% in the
Americas.
「新生ICI」 スペシャルティ化学品4部門
・National Starch and Chemical (旧 Unilever)
adhesives, sealants, specialty food and industrial starches,
specialty synthetic polymers, and electronic and engineering materials.
・Quest International (旧 Unilever)
fragrance, flavours and food ingredients
・Uniqema (旧 Unilever) ICI Agrees to Sale of Uniqema
performance specialties
・ICI Paints
ICI Agrees to Sale of Uniqema for 410m GBP
Imperial Chemical Industries PLC has reached an agreement to sell its oleochemicals 油脂化学and surfactants界面活性剤 business, Uniqema, to Croda International PLC for a gross consideration of 410m GBP, subject to closing balance sheet adjustments, including working capital and net debt. The net consideration will be paid in cash on completion.
Of the gross consideration, 24m GBP will be used to provide for deal-related costs and tax. Of the balance, approximately 130m GBP will be used to reduce ICI's related post-retirement benefit deficits and around 256 m GBP will be used in the near term to reduce net debt. The transaction is expected to give rise to a profit after tax of around 16m GBP which will be accounted for as a special item in ICI's Income Statement when the deal has been completed.