Despite a target date of April 1, the split of Saudi Aramco and Royal Dutch Shells joint venture Motiva has yet to officially occur. The two companies expect the split to happen by the end of the second quarter this year. The European Commission approved under EU Merger Regulation the acquisition of Chemtura by Germany based Lanxess; and granted conditional regulatory clearance in Europe of the proposed merger between DuPont and Dow Chemical, conditional on divestiture of parts of DuPonts global pesticide business. Infineum announced the retirement of its Americas sales director, Ken Kalisky, effective March 31, and confirmed his position was assumed by Fabian DeVita, currently Latin America sales manager.
