U K
The information below comes from the
UK Activity Report.
ICI is expected to vacate its 70,000 sq ft global headquarters at 20 Manchester Square in London, with the transfer of up to 175 staff. 14-Nov-2007
Henkel is considering plans to close a number of chemical plants and shed thousands of jobs after completing the £2.7bn acquisition of the National Starch adhesives business from ICI early next year. 09-Nov-2007
ICI has acquired Advanced Applied Adhesives of the US, in order to expand its Electronic Materials division. 17-Aug-2007
ICI, the speciality chemicals manufacturer, is to accept a £8bn takeover offer from Akzo Nobel of the Netherlands. 13-Aug-2007
ICI is to acquire the Dulux paints business in South Africa from AECI for £52m, including subsidiaries in Botswana, Zambia, Swaziland, Malawi and Namibia. 18-Jul-2007
ICI, the speciality chemicals manufacturer with about 4,000 staff in the UK, has received a £7.2bn takeover approach from Akzo Nobel of the Netherlands. 19-Jun-2007
ICI is to acquire Dongsung Chemical, the South Korean adhesives manufacturer, for £15m. 07-May-2007
ICI is to sell Quest, the Dutch flavours and fragrances business with 3,400 staff at sites including Ashford and Bromborough, to Givaudan of Switzerland for £1.2bn. 23-Nov-2006
ICI is to sell Uniqema, the oleochemicals and surfactants manufacturer with sites in Bromborough, Wilton, continental Europe, Asia and the US, to Croda International for £410m. 30-Jun-2006
ICI is planning to shed 2,300 jobs from its global chemical business over the next five years, which will involve manufacturing improvements and the combination of many of its personnel and finance operations. 05-May-2006
ICI is to sell Cimsec, the manufacturer of tile adhesives and grouts with annual sales of £14m, to Henkel of Germany for undisclosed terms. 10-Apr-2006
ICI has acquired the fragrance business of US-based Shaw Mudge for undisclosed terms. 21-Mar-2006
ICI is said to be considering plans to sell off its Uniqema speciality chemicals division for more than £200m. 30-Jan-2006
ICI is to acquire the German emulsion powders business of Celanese for £15m, in order to expand its Elotex polymeric additives business. 11-Jul-2005
ICI is to sell its National Starch & Chemical polymer operations in North America and Europe to Celanese of the US for £112m. 24-Nov-2004
ICI is to sell the food ingredients business of Quest International, which is based in the Netherlands and employs 900 staff, to Kerry Foods of Ireland for £238m. 03-Mar-2004
ICI has announced plans to shed a further 1,400 jobs, including 300 in the UK, and is looking to raise £100m from the sale of various assets. 01-Aug-2003
ICI has sold its waste management business to the Impetus arm of Thornaby-based Scott Bros Group, and more than £1m will be invested in new equipment at the Teesport site. 14-Jul-2003
ICI is planning to shed 700 jobs in its worldwide chemicals business by 2005, including about 200 at paint plants in Slough, Stowmarket and Prudhoe. 01-May-2003
ICI is to sell Nobel Enterprises, the Ayrshire-based manufacturer of industrial coatings with 280 staff, to Inabata of Japan for an estimated £35m. 12-Dec-2002
Johnson Matthey is to buy Synetix, the Billingham-based catalyst manufacturer with 800 staff in several countries, from ICI for £260m. 23-Sep-2002
ICI is to sell its remaining 30% stake in the Huntsman International bulk chemicals business to CSFB Global Opportunities Partners for £291m. 18-Jun-2002
ICI is to sell its Security Systems operations to US private equity firm Lincolnshire Management, which will involve the transfer of 135 staff. 11-Jun-2002
ICI has put its Synetix catalyst business up for sale, which employs 400 people at Billingham and a further 400 worldwide. 01-Feb-2002
ICI has agreed terms for the £250m sale of its remaining stake in the Huntsman International commodity chemicals business to Huntsman Corporation, but will not be paid until late 2003. 24-Dec-2001
ICI is planning to shed 1,300 jobs as part of a £180m restructuring programme in its worldwide chemicals business, including 275 at UK sites in Ashford and Plymouth. 02-Nov-2001
ICI is looking to sell its stake in the Huntsman International commodity chemicals business by the end of the year, in order to reduce debts and complete its transformation into a speciality chemicals group. 27-Jul-2001
ICI is planning to sell Cheshire-based Eutech Engineering Solutions, which employs 550 people, to Swiss technology firm ABB. 31-Jan-2001
ICI has raised £52m from the sale of its UK-based methanol business to Methanex of Canada and the sale of its share in the Phillips-Imperial Petroleum joint venture to Petroplus. 03-Jan-2001
ICI is selling its Teesside oil refinery joint venture to Petroplus of the Netherlands for £110m. 14-Dec-2000
ICI has sold three commodity chemicals businesses - Klea, Chlor-Chemicals and Crosfield - to Ineos of Belgium for £325m, which completes its transformation into a speciality chemicals group. 06-Dec-2000
ICI is in discussions to sell three chemical businesses - Chlor-Chemicals, Klea and Crosfield - to Ineos of Belgium for about £300m, as part of a strategy to focus on speciality chemicals. 30-Oct-2000
ICI is looking to sell off Halo and PTC, the remaining parts of its loss-making industrial chemicals business. 28-Jul-2000
ICI Chemicals & Polymers has won government approval to build a £110m combined heat and power plant at Runcorn, Cheshire. 26-May-2000
ICI is to relocate its London headquarters from Millbank to Manchester Square next year. 22-Mar-2000
ICI is to hand over the lease of its Millbank headquarters in London to electricity industry regulator Ofgem, but still has several years to find alternative accommodation. 21-Feb-2000
ICI is to close its National Starch & Chemical factory in Braunston with the loss of 55 jobs, and a warehouse in nearby Daventry will also close. 30-Dec-1999
ICI has signed an agreement for PowerGen to build and operate a £110m combined heat and power plant at its manufacturing site in Runcorn. 24-Nov-1999
ICI is selling its acrylics business to Ineos and Charterhouse Development Capital for £505m, which will involve the transfer of 15 manufacturing sites and 2,000 employees. 05-Oct-1999
ICI is selling its fluoropolymers business to Asahi Glass of Japan for £83m, which will involve the transfer of 400 employees at plants in Lancashire and the US. 01-Oct-1999
ICI is in negotiations to sell its acrylics business to Charterhouse Development Capital for about £500m, as part of a strategy to focus on speciality chemicals. 18-Sep-1999
ICI is said to have received more than 20 expressions of interest for the sale of its acrylics business, and the Belgium-based division could fetch up to £600m. 19-Aug-1999
ICI is expected to award a £100m contract to Electricite de France for the development of a 200MW gas fired heat and power plant at Runcorn. 26-Jul-1999
ICI is to shed 600 administrative and support staff over the next 18 months, and is still looking to move out of its Millbank head office in London. 23-Jul-1999
ICI has completed the sale of the Wilton Centre, which houses almost 2,000 people working for various chemical companies, to Threadneedle Property Fund Managers. 01-Jul-1999
ICI is said to be planning to quit its Millbank head office, and is seeking a smaller property in central London. 21-Jun-1999
ICI and J&J Dyson have announced an asset swap in which ICI is paying £8.2m for Dyson's Dycat catalyst business, and Dyson is paying £3.3m for ICI's Saffil alumina fibre operation. 05-May-1999
ICI is to sell its automotive refinishing paints and other industrial coatings operations to PPG Industries of the US for £425m, which will involve the transfer of 2,850 employees. 29-Apr-1999
ICI is said to be in discussions to sell its chlorine operation at Runcorn to a management team. 23-Apr-1999
ICI is to sell its polyurethane, tioxide and parts of its petrochemicals business to Huntsman of the US for £1.7bn, but will retain a 30% in a new company called Huntsman ICI that will hold the assets for up to four years. 16-Apr-1999
ICI is selling its Chance & Hunt chemical distribution business to a management team for about £10m, and has also announced a deal to sell a German speciality chemicals business to PPG Industries. 09-Apr-1999
ICI is said to be close to agreeing the sale of about £2bn of assets to Huntsman of the US, which could include its Tioxide division and its Teesside-based petrochemicals business. 27-Mar-1999
ICI has announced a seven-year deal to outsource its global computing infrastructure to IBM. 19-Mar-1999
ICI is to almost halve its capital expenditure to about £375m a year, and is not looking to make any large-scale acquisitions this year. 05-Feb-1999
ICI is to restructure its paints division and cut 1,000 jobs, including about 500 in the UK, and it has also announced the collapse of a deal to sell its Tioxide division to DuPont and NL Industries. 05-Jan-1999
Shell Chemicals is to buy a Teesside ethoxylation plant from ICI, but ICI will continue to operate the plant on Shell's behalf. 23-Dec-1998
ICI is looking to sell off Wilton Castle and Norton Hall, its luxury company guesthouses on Teesside, and interest is expected from hotel groups and property developers. 10-Dec-1998
ICI's Quest International subsidiary is selling its Natural Colours operation in Ireland to Christian Hansen of Denmark for £33m. 10-Dec-1998
ICI is selling its Teesside utilities business, which provides support services to companies operating at Wilton, to Enron of the US for £300m. 27-Nov-1998
ICI is to sell its 50% stake in a Japanese polytetrafluoroethylene business to its joint venture partner Asahi Glass for undisclosed terms. 25-Nov-1998
ICI is to stop producing solid reagent chemicals on Teesside and will sell the customer base to DuPont of the US for undisclosed terms. 11-Nov-1998
Shell Chemicals and ICI Polyurethanes are forming a production and marketing alliance in rigid polyurethane foam. 17-Oct-1998
ICI has announced that a deal to sell its Crosfield subsidiary to WR Grace for about £272m has collapsed due to regulatory issues in the US. 15-Oct-1998
ICI is planning to base the headquarters for its new Synetix division on Teesside, and it will be responsible for running the following businesses - ICI Katalco, ICI Tracerco, and Vertec. 03-Sep-1998
ICI is forming an alliance with Dongsung Chemical of South Korea, in which its National Starch subsidiary will take a 70% stake in Dongsung's footwear business and ICI Polyurethanes will link up with the shoe system division. 28-Aug-1998
ICI is planning to sell its US tioxide operations to NL Industries for £150m, while ICI's former tioxide plant at Grimsby is being sold by DuPont to NL. 25-Jul-1998
ICI has issued a profits warning due to the strength of sterling, the Asian financial crisis and a downturn in bulk chemicals. 24-Jul-1998
ICI has extended the deadline for the completion of the sale of its Tioxide business to DuPont by six months to the end of December, due to an investigation by the US Federal Trade Commission. 01-Jul-1998
ICI has announced that the sale of its Crosfield catalyst business to WR Grace is being delayed by an investigation by the Federal Trade Commission in the US, and the deal may not now be completed until the third quarter of this year. 05-Jun-1998
ICI is planning to invest £100m in a joint venture with BASF to build a £390m polyurethane plant near Shanghai, due to open by 2004. 01-Jun-1998
ICI is planning to float off its Eutech engineering consultancy within the next two years, and it could be worth up to £70m. 22-May-1998
The US Federal Trade Commission is understood to be seeking a third-party sale for at least one of Tioxide's titanium dioxide plants in Europe, before it will approve DuPont's $750m acquisition of Tioxide from ICI. 18-May-1998
Abbot Group is acquiring the non-destructive testing and technical welding department of ICI Chemicals and Polymers for £2.8m. 13-May-1998
ICI has acquired Mona Industries, the US-based surfactants business, for about £25m. 06-May-1998
ICI is planning to sell Crosfield Group, the maker of catalysts for detergents and silicas, to WR Grace of the US for £272m. 03-Apr-1998
ICI has acquired Acheson Industries, the US speciality chemicals company that makes coatings for TVs and lubricants, for £333m, and will merge it with its National Starch & Chemical division. 31-Mar-1998
ICI is acquiring most of the European home improvements business of Williams for £350m, as part of a strategy to focus on specialist chemical products and consumer goods. 27-Mar-1998
BP is looking to buy the remaining 80% of ICI's petrochemical plant at Wilton, although ICI is also thought to be negotiating with other companies who may be interested in buying both the cracker and associated product plants. 23-Mar-1998
ICI's planned sale of its remaining industrial chemicals operations is said to have attracted interest from BP and Huntsman Chemicals, with BP interested in petrochemical cracking and Huntsman interested in bulk chemicals. 09-Mar-1998
ICI is said to be considering the sale of its 32% stake in Middlesbrough football club as part of its disposals programme, and possible buyers include the chairman, the fans, local companies and leisure companies. 16-Feb-1998
ICI has sold its polypropylene films business to UCB of Belgium for an estimated £25m, and the addition of the plants in Dumfries and Ghent will make UCB the fourth largest producer in Europe. 05-Feb-1998
ICI is considering the introduction of pan-European paint brands in order to benefit from European monetary union. 22-Jan-1998
ICI has completed the sale of its polymer and intermediates business in the UK and the US as well as its 70% stake in a PTA joint venture in Taiwan to DuPont for £1.4bn, as part of its strategy to exit the bulk chemicals market. 03-Jan-1998
ICI has sold its International Explosives operations in Canada, Latin America and Europe, as well as its distribution businesses in the US, to Orica for £230m, which completes its exit from explosives. 24-Dec-1997
ICI is to sell its methylamines business to Air Products of the US for £67m. 20-Dec-1997
ICI has sold its 51% stake in AEL, the South African explosives business, to its partner AECI for £71m. 13-Dec-1997
ICI India is planning to double paint output to 100m litres a year by early next century, with a fourth plant starting up next year and a fifth by 2001. 26-Nov-1997
ICI is selling its UK fertiliser business, which includes 580 people at Billingham, to Terra Industries of the US for an initial £200m. 21-Nov-1997
ICI has vowed to continue its battle to take a 9% stake in Asian Paints, despite a ruling by the Indian industry ministry that the move cannot go-ahead without the support of Asian Paints' board. 04-Nov-1997
ICI is expecting to announce further disposals over the next few months, including businesses involved in petrochemicals, fertilisers, explosives and halochemicals. 24-Oct-1997
ICI is cutting 200 support jobs at its Runcorn site as part of a programme to save £20m a year. 10-Oct-1997
ICI's sale of its polyester and European titanium dioxide businesses to DuPont has been approved by the European Commission, which should help ICI push ahead with further disposals. 07-Oct-1997
ICI has formed a joint venture with CCM of Malaysia to supply explosives to the mining and quarrying industries in Malaysia. 26-Sep-1997
ICI has sold ICI Forest Products, the Canadian maker of chemical products for the pulp and paper industry, to Pioneer Companies of the US for £150m, as part of its strategy to dispose of its low-margin bulk chemicals operations. 23-Sep-1997
ICI is trying to buy a 9.1% stake in Asian Paints for £23m, but the move has been attacked by the Indian company as being illegal. 23-Aug-1997
ICI has won approval for a £245m chemical plant in Shanghai, which will produce raw material to make polyurethane, in partnership with Shanghai Tianyuan Chemical Works and Nippon Polyurethane Industry. 04-Aug-1997
ICI has sold its titanium dioxide and polyester operations to DuPont of the US for £1.68bn in order to help fund its acquisition of Unilever's speciality chemicals business. 15-Jul-1997
ICI has arranged the sale and leaseback of its Millbank head office in London, in order to help fund its acquisition of Unilever's speciality chemicals business. 10-Jul-1997
Zeneca is to acquire ICI Australia's pharmaceuticals business, for a price yet to be decided. 21-Jun-1997
ICI Fertilizers has been forced to slash fertilizer prices, with Nitram falling to £110 a tonne, due to cheap Russian imports. 16-Jun-1997
ICI has had to close a Tioxide titanium dioxide factory near Hartlepool following an emission of potentially toxic gas. 09-Jun-1997
ICI has agreed to give up its paints business in Australasia, including the Dulux brand, in order to push through the sale of its 62.4% stake in ICI Australia through a public offering. 06-Jun-1997
ICI Australia is to merge its vinyls business with that of Auseon, part of Geon of Ohio. 22-May-1997
ICI is acquiring Unilever's speciality chemicals division, which includes National Starch, Quest, Unichema and Crosfield, for £4.9bn, and is also discussing the sale of £3bn of its own industrial chemicals businesses including polyester, fertilisers, chlorine, explosives and pigments. 08-May-1997
ICI Chemicals and Polymers is to be prosecuted by the Environment Agency for the alleged discharge of organic effluent into a canal last October at its Runcorn site. 03-May-1997
ICI has acquired a 40% stake in an unnamed Polish paints company, and plans to increase the stake to 75% over the next three years. 17-Mar-1997
ICI is to invest £15m in a 60% stake in a joint venture with Dongsung Chemical to convert MDI into polyurethane parts in South Korea. 06-Mar-1997
ICI is to float its Tioxide pigments business in order to raise up to £700m for shareholders and for the funding of acquisitions. 07-Feb-1997
ICI has acquired Superior Paint Manufacturing, the Puerto Rican paint maker, for up to £18m. 05-Feb-1997
ICI is acquiring the Syngas catalyst business from BASF for about £15m. 28-Jan-1997
ICI is planning to build a £12m paints factory in northern India. 15-Jan-1997
ICI is acquiring Rutz and Huber's refinish and transport paints business in Switzerland for undisclosed terms. 06-Jan-1997
ICI is to acquire St Clair, the Canadian chain of 400 paint stores. 28-Nov-1996
ICI is trying to block plans by Elf to pipe gas from the Elgin and Franklin North Sea fields to Norfolk, saying that it would be better for national interests if the gas was landed at Teesside instead. 12-Oct-1996
Scottish Hydro-Electric is to construct a £52m 130MW combined heat and power station at Runcorn for ICI Chemicals and Polymers. 17-Sep-1996
ICI Surfactants Indonesia has opened a manufacturing plant near Jakarta. 29-Aug-1996
ICI has dropped plans to build a titanium dioxide plant in China, following disagreements with its Chinese partner Yu Chang. 21-Aug-1996
ICI is selling Devoe's marine coatings business to Ameron International of California. 09-Aug-1996
ICI is planning 2,700 job cuts, mainly in the US, as part of a productivity drive in response to tough market conditions. 26-Jul-1996
ICI has set up two new divisions - performance chemicals and polyester. 03-May-1996
ICI is to shake up its top management by replacing up to 40 of its top 150 executives with external appointments. 01-May-1996
ICI and Intergen of the US have started placing orders for equipment for their controversial £250m power plant at ICI's chemicals plant in Runcorn. 19-Apr-1996
Enron Europe has bought ICI's 50% share in their joint venture, Teesside Gas Transportation, for an undisclosed sum. 02-Apr-1996
Blagden Industries is planning a £10m factory to supply formaldehyde to ICI's polyurethane plant in Rotterdam. 22-Mar-1996
ICI is buying Bunge, the South American paints concern, for $390m, its first major acquisition in South America. 05-Mar-1996
ICI is planning to make some acquisitions in Asia in order to boost its balance sheet as analysts have warned it may be vulnerable to a takeover. 04-Mar-1996
ICI is selling the aerosol and cleaning products operations of the recently-acquired Grow Group to Sherwin-Williams of the US for at least £35m. 02-Mar-1996
Philips' Origin division has won a £75m 5-year contract to run ICI's computer systems. 12-Feb-1996
ICI is planning a £60m expansion of its Dumfries polyester film plant, where it will be able to produce 20,000 tonnes a year with the main market being the packaging industry. 02-Feb-1996
Origin, the Philips joint venture with BSO Origin, is taking on £75m of business from ICI's computer operations. 02-Feb-1996
ICI Explosives is acquiring a 51% stake in Ibernobel of Spain. 13-Jan-1996
ICI is planning a £70m expansion of its Wilton, Teesside, plastic polyurethane materials facility, creating 60 jobs. 16-Dec-1995
A major fire has damaged the BASF polypropylene plant at ICI Wilton. 10-Oct-1995
ICI is considering outsourcing its computing services and is in discussions with OCP. 22-Sep-1995
ICI has formed a joint venture with Far Eastern Textile to build a second $300m PTA plant in Taiwan. 18-Sep-1995
ICI has bought Pacific Products, the paint maker from the Philippines for $4m. 02-Sep-1995
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The information above comes from the
UK Activity Report
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