Ciba Specialty Chemicals Holding News

NEWPORT, Del. - November 20, 2009 -- Rescue crews were called to CIBA Specialty Chemicals in Newport, Delaware on Friday morning for a report of a spill.

BASF SE , the German firm that bought Ciba Specialty Chemicals , said today it would have to cut its dividend because the poor economy and cost of integrating Ciba have depressed profits.

The American Chemical Society will honor the Ciba Foundation for a $2 million gift in support of science education and the development of future scientists.

Ciba Specialty Chemicals ' closing of its High Point office - with the loss of about 100 high-paying jobs - is a blow to the city's economy.

The Ciba Specialty Chemicals office in Piedmont Centre , which employs about 100 people, will close next year following its parent company's acquisition by international chemical company BASF .

Ciba Specialty Chemicals Holdings Inc - Financial Company Report - companiesandmarkets.com adds new report © companiesandmarkets.com companiesandmarkets.com 2009-05-07 09:55:02 - Ciba Specialty Chemicals Holdings Inc - Financial Company Report - a new market research report on companiesandmarkets.com ...