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April 1, 2016Wanhua Chemical (America) is increasing the price of polyurethane precursors methylene di-para-phenylene diisocyanate (MDI), toluene diisocyanate (TDI), and polyols in North America and the Caribbean, effective 1 May. Wannate-brand MDI and TDI will increase by 6 cts/lb, and Wanol polyol products will increase by 5 cts/lb. The company cites “evolving market conditions”....
April 1, 2016Sika (Baar, Switzerland) says that it has acquired L.M. Scofield (Los Angeles), a company that manufactures concrete color additives for ready-mixed concrete, as well as decorative...
April 1, 2016The current wave of investments in ethane-consuming petrochemical plants and export facilities is driving up ethane production, according to a report by the US Energy Information...
April 1, 2016Ashland is raising prices for unsaturated polyester resins, epoxy vinyl esters and gelcoats in North America by 4 cts/pound. The increases will be effective on 15 April or as contracts...
April 1, 2016Tronox (Stamford, CT) has announced a global price increase of $175/m.t. and €175/m.t. for all grades of titanium dioxide, effective 1 April....
April 1, 2016Teknor Apex (Pawtucket, RI) says it has acquired Plastic-Technologie-Service (PTS; Steinsfeld, Germany), a custom compounder of thermoplastic elastomers (TPEs) and engineering thermoplastics, for an undisclosed sum....
April 1, 2016CVR Partners has completed its $533 million acquisition of Rentech Nitrogen Partners, after entering into a previously-announced definitive merger agreement on 9 August 2015. The...
April 1, 2016Archer Daniels Midland (ADM; Chicago) has reached an agreement to sell its sugarcane-ethanol operations at Limeira do Oeste, Brazil, to Brazil-based JFLim Participações...
April 1, 2016DuPont disclosed today that it will not resume production at the La Porte, TX insecticide plant that has been offline since a fatal methyl mercaptan leak in late 2014. DuPont, which cites weak agriculture markets, said in an SEC filing that it expects to incur a pretax charge of approximately $70 million in the first quarter of 2016....
April 1, 2016The US April benzene contract was settled on Thursday at $2.17–2.19/gal, up 41 cts/gal from March for the first increase in three months and the third consecutive split settlement. The March contract was settled at $1.76–1.78/gal....