IHS Chemical Week

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March 19, 2015
BASF and ExxonMobil Research and Engineering Co. (EMRE) have entered into an agreement on EMRE’s Flexsorb gas treatment technology, which provides BASF with the right to...
http://www.chemweek.com/regions/north_america/us/BASF-to-grant-sublicenses-of-ExxonMobil-gas-treatment-technology_68699.html
March 18, 2015
The three directors that PotashCorp nominated to the board of Sociedad Química y Minera de Chile (SQM; Santiago) have resigned from SQM's board. The announcement follows the...
http://www.chemweek.com/regions/south_america/argentina/PotashCorp-representatives-resign-from-SQM-board_68667.html
March 18, 2015
Pharmaceutical company Actavis (Dublin) says that it has completed the previously announced acquisition of health-care company Allergan (Irvine, CA) in a cash and equity transaction...
http://www.chemweek.com/regions/north_america/us/Actavis-completes-$70-5-billion-acquisition-of-Allergan_68656.html
March 18, 2015
Platform Specialty Products today reported a fourth-quarter net loss of $266.7 million, compared with a loss of $200.1 million in the year-ago quarter. Net sales grew 47.7%...
http://www.chemweek.com/regions/north_america/Platform-Specialty-Products-reports-loss-on-charges_68665.html
March 18, 2015
Production at Styrolution's Texas City styrene facility is still expected to restart by the end of this month, market participants say. The 500,000-m.t./year facility had been expected...
http://www.chemweek.com/regions/north_america/Styrolutions-Texas-City-styrene-facility-still-expected-to-restart-this-month_68648.html
March 17, 2015
US ethylene prices established another record-high spread between Choctaw (Louisiana) and Texas-based Mont Belvieu-Williams (MtB-W) on this week, as tight supply availability in...
http://www.chemweek.com/regions/north_america/Choctaw-ethylene-trading-hits-record-premium-to-Mont-Belvieu-for-second-week_68646.html
March 17, 2015
Ceres (Thousand Oaks, CA) and Raízen (São Paulo) have signed a multiyear collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet...
http://www.chemweek.com/regions/south_america/brazil/Raizen-Ceres-agree-to-scale-up-ethanol-production-from-sweet-sorghum_68632.html
March 17, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) says that its board of directors, in an extraordinary meeting on 16 March, decided to terminate the employment contract of...
http://www.chemweek.com/regions/south_america/venezuela/SQM-appoints-new-CEO_68629.html
March 17, 2015
RPM says that its Rust-Oleum (Vernon Hills, IL) paints and coatings business has acquired Spraymate Group (Randvaal, South Africa), the producer of South Africa's leading aerosol paint...
http://www.chemweek.com/regions/north_america/us/RPM-acquires-South-African-spray-paint-manufacturer_68621.html
March 17, 2015
Endo International has announced that it is withdrawing its cash and stock proposal to acquire Salix Pharmaceuticals. The news comes after Valeant Pharmaceuticals on Monday upped...
http://www.chemweek.com/regions/north_america/Endo-gives-up-attempts-to-buy-Salix-focuses-on-other-pharma-targets_68616.html
March 17, 2015
GlycoSurf (Tucson, AZ), a University of Arizona (UA) start-up, has finalized an exclusive license agreement for a new chemical synthesis technology that it says could replace...
http://www.chemweek.com/regions/north_america/US-based-start-up-finalizes-licensing-agreement-for-biobased-surfactant-synthesis-technology_68636.html
March 17, 2015
The United States imported a record 302,000 m.t. of benzene in January, based on data made available from Global Trade Information (GTI; Columbia, SC) services. US imports of benzene...
http://www.chemweek.com/regions/north_america/US-imported-record-benzene-volumes-in-January_68614.html
March 16, 2015
LSB Industries (Oklahoma City, OK) says it has begun a search to fill a new position on its senior management team, president of the LSB chemical business....
http://www.chemweek.com/regions/north_america/us/LSB-starts-search-for-head-of-chemical-business_68602.html
March 16, 2015
Royal Dutch Shell and the United Steelworkers (USW; Pittsburgh) union reached a tentative agreement last week on a new four-year labor agreement, but not all petrochemical plant or...
http://www.chemweek.com/regions/north_america/Some-refinery-petchem-sites-still-in-discussions-with-USW-following-labor-agreement_68604.html
March 16, 2015
Valeant Pharmaceuticals International said today that it has increased its offer for Salix Pharmaceuticals to $10.96 billion in cash, exceeding the Endo International bid worth about...
http://www.chemweek.com/regions/north_america/Valeant-trumps-Endo-in-bidding-war-for-Salix-Pharmaceuticals_68594.html
March 16, 2015
A. Schulman has signed a definitive agreement to acquire Citadel Plastics Holdings (West Chicago, IL) for $800 million. Citadel produces thermoset composites and thermoplastic compounds for specialty product applications across multiple sectors, including transportation, industrial and construction, electrical, energy, and health care and safety, Schulman says. Citadel has annual sales of about $525 million and Ebitda of about $75 million. The deal is expected to close by the end of May.
...

http://www.chemweek.com/regions/north_america/us/Schulman-to-acquire-engineered-plastics-compounder-Citadel-for-$800-million_68591.html
March 16, 2015
Borealis today announced the closure of a 36.7-million reais ($11.4 million) financing agreement with the Brazilian development bank BNDES to finance expanding Borealis in Brazil. The...
http://www.chemweek.com/regions/south_america/brazil/Borealis-closes-financing-agreement-for-compounding-project-in-Brazil_68590.html
March 16, 2015
Albemarle says that it is streamlining its portfolio of mineral flame-retardant products and refocusing resources on key product grades. The company will immediately discontinue...
http://www.chemweek.com/regions/north_america/us/Albemarle-to-discontinue-production-of-certain-mineral-flame-retardants-increase-ATH-capacity_68581.html
March 15, 2015
Mosaic on Friday said that, following its acquisition of Archer Daniels Midland’s distribution businesses in Brazil and Paraguay, it will change the reporting of its business...
http://www.chemweek.com/regions/north_america/Mosaic-shuffles-reporting-segments-gives-update-on-volumes-and-prices_68570.html
March 13, 2015
Canexus (Calgary) says that it has engaged a financial advisor to explore the potential sale of Canexus's chlor-alkali operation at North Vancouver, BC. The company says that it is...
http://www.chemweek.com/regions/north_america/Canexus-explores-sale-of-Canada-chlor-alkali-business_68559.html
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