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March 4, 2014
Airgas announced today that it has acquired Welding &Therapy Service Inc. (Louisville, KY), an industrial and medial gas and welding supply distributor. The company has five...
http://www.chemweek.com/regions/north_america/Airgas-acquires-Kentucky-medical-gas-and-welding-distributor_59309.html
March 4, 2014
BASF has signed an agreement to divest PolyAd Services (Earth City, MO), part of BASF's plastic additives business unit, to private equity firm Edgewater Capital Partners (Cleveland...
http://www.chemweek.com/regions/north_america/BASF-divests-plastic-additives-unit-PolyAd-to-private-equity-firm_59311.html
March 4, 2014
Syngenta today announced that Elatus, a foliar fungicide, has been approved by the Brazilian authorities. Elatus is one of the company’s succinate dehydrogenase inhibiting (SDHI)...
http://www.chemweek.com/regions/south_america/brazil/Brazil-approves-Syngentas-SDHI-fungicide-Elatus_59288.html
March 4, 2014
Williams Partners (Tulsa, OK) has completed the acquisition of Williams's in-service operations in Alberta, Canada, for $1.2 billion. The partnership announced the agreement on 26 February....
http://www.chemweek.com/regions/north_america/Williams-Partners-completes-Alberta-acquisition_59307.html
March 4, 2014
Essential Ingredients (Lawrenceville, GA), a sales and marketer of personal care, household, and industrial (HI&I) products, says it has been chosen by SE Tylose USA (Itasca, IL)...
http://www.chemweek.com/regions/north_america/Cellulose-ether-firm-selects-Essential-Ingredients-for-marketing_59271.html
March 4, 2014
Ecolab has announced the acquisition of AK Kraus & Hiller Schädlingsbekämpfung (Allershausen, Germany). Kraus & Hiller had annual sales of approximately $4...
http://www.chemweek.com/regions/north_america/us/Ecolab-acquires-pest-elimination-company-in-Germany_59292.html
March 3, 2014
The fertilizer business of mining company Vale (Rio de Janeiro) posted negative adjusted Ebitda of $105 million in the fourth quarter of 2013 compared with positive adjusted Ebitda of...
http://www.chemweek.com/regions/south_america/brazil/Vales-fertilizer-business-swings-to-loss-on-lower-prices-sales_59277.html
March 3, 2014
PPG has closed its acquisition of Hi-Temp Coatings Technology (Boxborough, MA), a maker of high-heat resistant industrial coatings, the company says. Financial terms of the deal, which...
http://www.chemweek.com/regions/north_america/PPG-closes-heat-resistant-coatings-deal_59276.html
March 3, 2014
FMC announced today that it has closed the $200-million sale of its hydrogen peroxide business to private equity firm One Equity Partners (New York), the private equity arm of...
http://www.chemweek.com/regions/north_america/FMC-closes-hydrogen-peroxide-unit-sale_59275.html
March 3, 2014
Linde’s Canada business announced today that it has acquired Distribution Équiprotek, an independent safety equipment distributor at Chicoutimi, Québec, Canada...
http://www.chemweek.com/regions/north_america/Linde-Canada-acquires-safety-equipment-distributor_59266.html
March 3, 2014
Rockwood Holdings today announced its fourth-quarter results—up on improved surface treatment and lithium, as well as lower interest expenses. However, net income of $14.8...
http://www.chemweek.com/regions/north_america/Rockwood-sales-up-on-surface-treatment-improvement_59269.html
March 3, 2014
Solvay has retained Credit Suisse to find a buyer for Eco-Services, the company's sulfuric acid regeneration business, according to a Reuters report. The company announced last week...
http://www.chemweek.com/regions/north_america/Report-Solvay-hires-Credit-Suisse-for-possible-Eco-Services-sale_59260.html
March 3, 2014
Canada's environment ministry has amended the country's Domestic Substances List under the Canadian Environmental Protection Act (CEPA) 1999, to include 20 additional chemicals...
http://www.chemweek.com/regions/north_america/Canada-expands-Domestic-Substances-List-adding-20-chemicals_59261.html
March 3, 2014
Argentina's chemical output fell 7.8% in January 2014 compared with January 2013, according to the latest monthly industrial estimates released by state statistics office Indec (Buenos...
http://www.chemweek.com/regions/south_america/argentina/Argentinas-January-chemical-output-shrinks-7-8-percent_59263.html
March 3, 2014
Toray Industries says it has completed the previously announced acquisition of the entire stake in Zoltek (St. Louis), a company that manufactures and sells large-tow carbon fibers...
http://www.chemweek.com/regions/north_america/us/Toray-completes-acquisitions-of-US-carbon-fiber-firm-Zoltek-and-South-Korean-firm-Woongjin-Chemical_59257.html
March 2, 2014
Axalta Coating Systems (Philadelphia), the former coatings operations of DuPont, says it is to invest $60 million to build a next-generation plant to expand its production capacity of...
http://www.chemweek.com/regions/north_america/us/Axalta-Coating-Systems-to-invest-$60-million-in-waterborne-coatings-Germany_59250.html
February 28, 2014
House Energy and Commerce Environment and the Economy Subcommittee chairman John Shimkus (R., IL) unveiled draft legislation to update the Toxic Substances Control Act (TSCA). Shimkus says in a statement that the bill is a discussion draft and “keys off a bipartisan bill [Chemical Safety Improvement Act (CSIA)] introduced in the Senate.”...
http://www.chemweek.com/regions/north_america/House-introduces-draft-TSCA-reform-bill_59233.html
February 28, 2014
Calumet Specialty Products announced today that it has acquired United Petroleum Company (Gilbert, AZ), the producer of Quantum-brand lubricants. Calumet calls Quantum, which was...
http://www.chemweek.com/regions/north_america/Calumet-Specialty-Products-buys-lubricants-maker_59246.html
February 28, 2014
Mexichem (Tlalnepantla, Mexico) reports a net loss of $27.9 million for the fourth quarter of 2013,compared with $14.4 million in the year-ago quarter. Although sales increased 17% year-over-year (YOY) to $1.27 billion, cost of sales increased 31% YOY, reducing gross profit by $35 million....
http://www.chemweek.com/regions/north_america/Mexichem-swings-to-fourth-quarter-loss-of-$28-million_59234.html
February 28, 2014
Repsol says that its board has accepted a $5-billion offer of compensation from the Argentinian government for Argentina's expropriation of a 51% stake in YPF (Buenos Aires) and YPF...
http://www.chemweek.com/regions/south_america/argentina/Repsol-accepts-$5-billion-in-compensation-from-Argentina-for-expropriation-of-YPF-stake_59237.html
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