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April 7, 2014
PotashCorp says that its board of directors has appointed Jochen Tilk as president and CEO, effective 1 July. Bill Doyle, after 27 years of service, during which PotashCorp grew to...
http://www.chemweek.com/regions/north_america/canada/PotashCorp-appoints-next-CEO_60129.html
April 7, 2014
PPG Industries says that its industrial coatings business has received a $224,000 award from the Department of Energy (DOE) to help develop dark-colored pigments for cool metal roof...
http://www.chemweek.com/regions/north_america/us/DOE-awards-$224000-to-PPG-to-develop-new-class-of-pigments_60135.html
April 7, 2014
Canpotex (Saskatoon, SK), the potash export cartel owned by Agrium, Mosaic, and PotashCorp, says that it has agreed to an annual contract with its government and private sector...
http://www.chemweek.com/regions/north_america/canada/Canpotex-signs-potash-supply-agreement-with-Indian-customers_60134.html
April 7, 2014
Albany Molecular Research Inc. (AMRI; Albany, NY) says that it has completed the previously announced acquisition of Cedarburg Hauser Pharmaceuticals (Grafton, WI). Total consideration...
http://www.chemweek.com/regions/north_america/us/AMRI-completes-acquisition-of-API-firm-Cedarburg_60133.html
April 4, 2014
LSB Industries (LSB; Oklahoma City, OK) says subsidiary El Dorado Chemical will not renew an exclusive ammonium nitrate supply agreement with Orica International in order to resume distribution to the mining sector...
http://www.chemweek.com/regions/north_america/LSB-Industries-to-end-exclusive-sales-of-ammonium-nitrate-to-Orica_60128.html
April 4, 2014
Balchem says it has agreed to acquire SensoryEffects (St. Louis), a privately-held maker of food and beverage ingredients, for $567 million. SensoryEffects’ 2014 revenues should...
http://www.chemweek.com/regions/north_america/Balchem-to-acquire-food-ingredients-maker-SensoryEffects_59971.html
April 4, 2014
 Soybean sales and margin expansion lifted Monsanto's second-quarter results above expectations, and the company reaffirmed its fiscal 2014 guidance of mid-teens earnings growth...
http://www.chemweek.com/regions/north_america/Monsanto-tops-estimates-on-strong-soybean-results_60007.html
April 4, 2014
Momentive Performance Materials (MPM; Albany, NY), the silicones and quartz subsidiary of Momentive, is considering a bankruptcy filing as part of negotiations to reduce debt. “As part of this process, a filing under Chapter 11 of the US Bankruptcy Code may provide the most expeditious manner in which to effect a plan of reorganization,” MPM said in a regulatory filing....
http://www.chemweek.com/regions/north_america/us/Momentive-Performance-Materials-considers-bankruptcy-filing_60055.html
April 4, 2014
Celanese is exploring plans to construct a 1.3-million m.t./year methanol production unit at its Bishop, TX site. The company says it is preparing necessary environmental permits for the unit....
http://www.chemweek.com/regions/north_america/Celanese-eyes-second-US-methanol-plant_59938.html
April 4, 2014
Sherwin-Williams (SW) announced today that it is terminating its agreement to acquire Mexican paint supplier Comex, which has run into antitrust issues in Mexico. SW has already...
http://www.chemweek.com/regions/north_america/Sherwin-Williams-terminates-Comex-Mexico-acquisition_60120.html
April 4, 2014
Renewable products company Amyris (Emeryville, CA) says it is making initial quantities of its biobased farnesene available to a broader audience. The product is being sold online at...
http://www.chemweek.com/regions/north_america/Amyris-starts-selling-biobased-farnesene-online_60113.html
April 4, 2014
Praxair says that it is building a steam methane reformer to increase the supply of hydrogen for its liquid hydrogen plant at Niagara Falls, NY. This investment will serve growing...
http://www.chemweek.com/regions/north_america/us/Praxair-to-increase-hydrogen-production-at-Niagara-Falls-NY_60104.html
April 3, 2014
Stolt-Nielsen says its net profit for the first quarter of 2014 soared to $19 million from $1 million in the corresponding period of 2013, on revenue of $517 million, down from $519...
http://www.chemweek.com/regions/north_america/Stolt-Nielsens-first-quarter-earnings-rise_60068.html
April 3, 2014
Sensient Technologies today said it expects first-quarter earnings to exceed analysts’ consensus of 65 cts/share. The company also said it expects to raise its full-year earnings...
http://www.chemweek.com/regions/north_america/Sensient-raises-earnings-guidance-trades-barbs-with-FrontFour-over-director_60059.html
April 3, 2014
U.S. Court of Appeals for the Fourth Circuit (Richmond, VA) has thrown out $920 million in damages previously awarded to DuPont in the company's Kevlar patent infringement fray with...
http://www.chemweek.com/regions/north_america/Court-throws-out-$920-million-Kevlar-trade-secrets-verdict_60053.html
April 3, 2014
Petroquímica de Venezuela (Pequiven), Braskem, and construction company Norberto Odebrecht (Salvador, Brazil) will build an ammonia and granulated urea plant at Pequiven's...
http://www.chemweek.com/regions/south_america/venezuela/Pequiven-Braskem-Odebrecht-to-build-ammonia-production-urea-granulation-plant-in-Venezuela_60049.html
April 3, 2014
RPM reported net income for the fiscal quarter ended 28 February of $16.2 million compared to a net loss of $42.4 million in the same year-ago quarter. Earnings of 12 cts/share were...
http://www.chemweek.com/regions/north_america/RPM-earnings-up-on-strength-in-industrial-segment_60051.html
April 3, 2014
Sociedad Química y Minera de Chile (SQM, Santiago) suffered no structural damage to its facilities following the 8.2-magnitude earthquake that shook most of northern Chile and...
http://www.chemweek.com/regions/south_america/argentina/SQM-reports-no-structural-damage-to-its-facilities-from-Chile-earthquake_60048.html
April 3, 2014
Renewable products company Amyris (Emeryville, CA) says that it is entering into a collaborative research and development agreement with BASF, under which, Amyris will use its strain...
http://www.chemweek.com/regions/north_america/us/Amyris-and-BASF-sign-collaborative-research-and-development-agreement_60046.html
April 3, 2014
Cool Planet Energy Systems (Camarillo, CA) has closed its series-D financing round at the targeted $100 million, the company announced. All of the current strategic and venture...
http://www.chemweek.com/regions/north_america/Cool-Planet-closes-series-D-financing-round-on-target_60045.html
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