DuPont and Dow are to merge with the intention of forming three divisions that will include a material science business as the focus for cosmetics and personal care ingredients, that will eventually be spun off into three separate companies.
The bioenergy company has signed a letter of intent to acquire Elite Therapeutics, and if the deal looks beneficial to both companies it will likely close in Q1 of 2015.
Engergizer Holdings has announced that it will close it Montreal production facility as part of efforts to restructure and consolidate its soon-to-be separated personal care business.
