TITLE

NGC to acquire Destec from Dow Chemical

AUTHOR(S)
Sissell, Kara
PUB. DATE
February 1997
SOURCE
Chemical Week;2/26/1997, Vol. 159 Issue 8, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Dow Chemical's agreement to sell its Destec Energy subsidiary to Houston, Texas-based energy provider NGC. Plans to use proceeds from the sale to repurchase its own shares; Poor performance of Destec; Air Products and Chemicals' plans to sell its American Ref-Fuel waste-to-energy unit.
ACCESSION #
9703170434

 

Related Articles

  • NGC Corporation to acquire Destec Energy.  // Modern Power Systems;Mar97, Vol. 17 Issue 3, p3 

    Reports that NGC Corporation has agreed to acquire Destec Energy Inc. for $1.27 billion which will provide the company a larger stake in the power generation business in the United States.

  • Dow's Destec unit being sold to NGC. Richards, Don // Chemical Market Reporter;2/24/97, Vol. 251 Issue 8, p7 

    Focuses on natural gas marketer NGC Corp.'s acquisition Destec Energy Inc. Terms of the agreement; Worth of the transaction; Other major deals undertaken by NGC Corp; Implications of the purchase.

  • NGC buying Destec Energy.  // Power Engineering;Apr97, Vol. 101 Issue 4, p18 

    Reports that NGC Corp. has signed a merger agreement to acquire Destec Energy Inc., in a deal valued at $1.27 billion in the aggregate.

  • Dow energy subsidiary may be for sale. Freedman, William // Chemical Week;10/9/1996, Vol. 158 Issue 38, p17 

    Reports on Dow Chemical's evaluation of options for its Destec Energy subsidiary. Retention of investment bank Morgan Stanley to explore strategic alternatives; Problems experienced by Destec.

  • Dow's German power source.  // Chemical Week;2/12/1997, Vol. 159 Issue 6, p6 

    Reports on Dow's teamup with subsidiary Destec to build and operate a gas-fired power station at Stade, Germany.

  • Dow sells Destec shares.  // Chemical Market Reporter;07/07/97, Vol. 252 Issue 1, p6 

    Reports on the completion of Dow Chemicals Co.'s sale of its 45 million shares or 80% of the outstanding stock of Destec Energy Inc. to NGC Acquisition Corp. for $21.65 per share.

  • Raw Material Suppliers Focus on Ways to Lower Formulation Costs. Schmitt, Bill; Schwartz, Jody // Chemical Week;11/14/2001, Vol. 163 Issue 42, p13 

    Focuses on the International Coatings Expo at Atlanta, Georgia for raw materials suppliers. Factors emphasized in the exhibition; Products launched by Air Products and Chemicals; Participation of Dow Chemical in the exhibition.

  • PRICE ADJUSTMENTS.  // Adhesives & Sealants Industry;Dec2004, Vol. 11 Issue 10, p11 

    The article presents information on price increases of different companies in the adhesives and sealants industry and reasons for making these changes. Pennsylvania-based Air Products Inc. made price adjustments in its Airthane and Versathane TDI-based polyurethane prepolymers and epoxy product...

  • Price Adjustments.  // JCT CoatingsTech;Nov/Dec2004, Vol. 1 Issue 11, p25 

    Presents a list of price adjustments made by several coatings companies in the U.S. as of November 2004. Air Products & Chemicals Inc.; The Dow Chemical Co.; Interpolymer Corp.; Rohm and Haas.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics