2015-12-16

Dow Chemical and DuPont’s Merge’s Mark on the LED Industry

Top two U.S. chemical companies Dow Chemical and DuPont signed an agreement in an all-stock merger of equals to merge into an enterprise worth US $13 billion, reported Guangdong LED. This is one of the largest international business and industry merger. After the merge, the new company will trail behind German BASF to become the world’s second largest industrial company, while becoming the largest global chemical company.
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2015-12-15

DuPont and Dow Chemical to Combine in Merger of Equals

Highly synergistic transaction expected to result in run-rate cost synergies of approximately $3 billion, which are projected[1] to create approximately $30 billion of market value Approximately $1 billion in growth synergies are also expected to be achieved Combined market capitalization will be approximately $130 billion at announcement Andrew N. Liveris will be named Executive Chairman and Edward D. Breen will be named CEO of combined company; Advisory Committees will be established for each business Dow and DuPont shareholders will each own approximately 50 percent of the combined company, on a fully diluted basis, excluding preferred shares
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This year's report plays a key role in aligning with the upcoming standards of the European Union and is built on a significantly broader data foundation than in previous years. For the first time, the report includes all LEDVANCE entities... READ MORE

Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LEDs, is pleased to announce that Cube Direct Mountable Chip received the LightFair Innovation Awards in the LED Chips & Modules category. ... READ MORE