IHS Chemical Week

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March 12, 2014
Praxair says it has acquired two independent distributors of gas and welding supplies—United Welding Supplies (Houston) and Best Welders Supply (Tulsa, OK). The companies have...
http://www.chemweek.com/regions/north_america/Praxair-acquires-two-small-US-Gulf-Coast-distributors_59484.html
March 12, 2014
Trinseo, formerly Styron, reports net income for the 2013 fourth quarter of $10.6 million, up from a loss of $507,000 in the year-ago period. Adjusted Ebitda more than doubled, to $109 million, the result of improved styrene production margins and an additional $10 million in 2013 dividends from the Americas Styrenics joint venture....
http://www.chemweek.com/regions/north_america/TrinseoStyron-swings-to-profit_59475.html
March 12, 2014
Codexis (Redwood City, CA), a developer of biocatalysts for the pharmaceutical and fine chemical industries, reports a net loss of $9.81 million in the fourth quarter of 2013 compared...
http://www.chemweek.com/regions/north_america/us/Codexis-narrows-loss_59490.html
March 12, 2014
Hanwha Chemical (Seoul), a producer of chlor-alkalis, polyethylene and polyvinyl chloride, as well as a major player in the solar energy, is in early stages of assessing the...
http://www.chemweek.com/regions/north_america/Hanwha-Chemical-eyeing-Dows-chlor-alkali-assets-in-North-America_59489.html
March 12, 2014
DSM and private equity firm JLL Partners (New York) say that they have created DPx Holdings, a new privately held company, by combining DSM Pharmaceutical Products (Parsippany, NJ)...
http://www.chemweek.com/regions/north_america/us/DSM-and-JLL-create-$2-billion-pharma-services-firm-DPx_59488.html
March 11, 2014
IC Potash (ICP; Toronto) has completed a feasibility study for its ochoa sulphate of potash (SOP) project at Lea County, NM—effective 9 January. Construction is expected to begin...
http://www.chemweek.com/regions/north_america/IC-Potash-completes-feasibility-study-of-$1-billion-potash-project_59472.html
March 11, 2014
Rentech Nitrogen has announced its fourth-quarter earnings, ended 31 December 2013, today reporting a net loss and revenues down on a “challenging” quarter, heavily...
http://www.chemweek.com/regions/north_america/Rentech-Nitrogen-reports-lower-results-on-drop-in-nitrogen-prices_59470.html
March 11, 2014
Velocys (Oxford, UK), a developer and supplier of smaller-scale gas-to-liquids (GTL) technology, announced a new manufacturing partnership with and share-purchase by Shiloh Industries...
http://www.chemweek.com/regions/north_america/UK-US-firms-sign-GTL-manufacturing-partnership_59468.html
March 11, 2014
FMC has announced plans to separate into two independent public companies: New FMC, which will comprised FMC's agricultural solutions and health and nutrition segments; and FMC...
http://www.chemweek.com/regions/north_america/FMC-to-split-into-two-public-companies-update_59433.html
March 11, 2014
Solvay says it has launched the production of torrefied biomass at an industrial scale in the United States, creating a new business that aims to provide an innovative and renewable...
http://www.chemweek.com/regions/north_america/us/Solvay-launches-production-of-torrefied-biomass-in-US_59462.html
March 11, 2014
Shareholder activism in the chemical industry should continue, as the economic climate improves and companies generate large amounts of cash, according to a new report by credit rating...
http://www.chemweek.com/regions/north_america/Moodys-shareholder-activism-to-continue_59483.html
March 11, 2014
Edge Adhesives (Fort Worth, TX) has been sold to private equity firms Akoya Capital Partners (Chicago) and Gladstone Investment (McLean, VA) for an undisclosed sum. Edge’s...
http://www.chemweek.com/regions/north_america/Edge-Adhesives-shuffles-private-equity-owners_59473.html
March 11, 2014
PPG Industries says that its protective and marine coatings (PMC) business has terminated its licensee agreement with Comex Group (Mexico City) and that customers in Mexico can now...
http://www.chemweek.com/regions/north_america/mexico/PPGs-protective-and-marine-coatings-business-terminates-licensee-agreement-with-Comex_59460.html
March 11, 2014
Cytec Industries says it has opened an expanded office and lab facility at Santiago. The facility houses sales, technical service, and support experts. “The mining industry in...
http://www.chemweek.com/regions/south_america/venezuela/Cytec-opens-mining-chemicals-technical-center-in-Chile_59457.html
March 10, 2014
DuPont said today that it still expects to post full-year 2014 operating earnings of $4.20-$4.45/share despite “challenged” first-quarter earnings and revenue growth due to winter storms in North America and business disruptions in the Ukraine....
http://www.chemweek.com/regions/north_america/us/DuPont-maintains-2014-forecast-despite-"challenged"-first-quarter_59456.html
March 10, 2014
Private equity firm Arsenal Capital (New York) has purchased Kel-Tech (Midland, TX), a maker of chemicals for production, field stimulation, and drilling in the oil and gas sectors...
http://www.chemweek.com/regions/north_america/Arsenal-Capital-buys-two-oilfield-chemicals-companies_59442.html
March 10, 2014
Minerals Technologies today announced that it has entered into an agreement to buy Amcol (Hoffman Estates, IL) for about $1.7 billion, or $45.75/share in cash, ending a weeks-looking...
http://www.chemweek.com/regions/north_america/MTI-to-acquire-Amcol_59437.html
March 10, 2014
Generic drug manufacturer Amneal Pharmaceuticals (Bridgewater, NJ) and biotech company Intrexon (Germantown, MD) say that they have entered into a collaboration to develop an improved...
http://www.chemweek.com/regions/north_america/us/Amneal-and-Intrexon-collaborate-for-API-production_59436.html
March 10, 2014
Celanese has signed a supply agreement with Airborne Oil & Gas (Ijmuiden, Netherlands) for the development and supply of thermoplastic composite materials, to be used to...
http://www.chemweek.com/regions/north_america/Celanese-signs-agreement-for-thermoplastic-composites-for-pipes_59426.html
March 7, 2014
Gevo (Douglas County, CO) and Porta Hermanos (Córdoba, Argentina) have signed a letter of intent for Porta Hermanos to become the exclusive licensee in Argentina of Gevo's GIFT...
http://www.chemweek.com/regions/south_america/argentina/Gevo-to-license-its-biobased-isobutanol-technology-to-Argentine-firm_59407.html
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