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September 30, 2014
Belén Garijo, currently CEO of Merck Serono, will take on responsibility for the whole pharma business. Merck KGaA (Darmstadt, Germany) says that its board of partners has...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-appoints-deputy-CEO-and-headpharma_63883.html
September 30, 2014
Consort Medical to acquire Aesica for $372 million Private equity firm Silverfleet Capital (London) says that it has agreed to sell its portfolio company Aesica Pharmaceuticals...
http://www.chemweek.com/home/top_of_the_news/Pharmafine-chemicals-roundup-30-September-2014_64147.html
September 30, 2014
Brenntag has agreed to acquire Chimab (Padua, Italy), a supplier of food ingredients and semifinished products for several food subsectors, including beverages, ice cream and desserts...
http://www.chemweek.com/home/top_of_the_news/Brenntag-acquires-food-ingredients-distributor-in-Italy_64132.html
September 30, 2014
Mosaic today announced that it is reducing phosphate fertilizer production, primarily because of high sulfur and ammonia prices. This curtailment will result in lower operating rates...
http://www.chemweek.com/home/top_of_the_news/Mosaic-reduces-phosphate-fertilizer-production_64143.html
September 30, 2014
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, has announced that Viktor Belyakov has resigned from his position as CFO. Anton Vishanenko will act as...
http://www.chemweek.com/home/top_of_the_news/Uralkali-to-appoint-new-CFO_64130.html
September 30, 2014
Showa Denko says it has decided to dissolve its Showa Esterindo Indonesia (Jakarta) joint venture and terminate its production of ethyl acetate in Indonesia as a result of the...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-to-stop-producing-ethyl-acetate-in-Indonesia_64129.html
September 30, 2014
Sirius Minerals (London) is today submitting to the local authorities its planning applications for the mine and mineral transport system (MTS) and for the materials handling facility...
http://www.chemweek.com/home/top_of_the_news/Sirius-Minerals-submits-planning-application-for-UK-potash-project_64139.html
September 30, 2014
Advanced Petrochemical Co. says it will begin receiving propylene from Saudi Aramco Total Refining and Petrochemicals Co. (Satorp; Al Jubail, Saudi Arabia) from 1 October, 2014...
http://www.chemweek.com/home/top_of_the_news/Satorp-to-start-supplying-propylene-to-Advanced-in-October_64131.html
September 29, 2014
Mitsui & Co. (Tokyo) says it is proceeding with the procurement of eight liquefied natural gas (LNG) ships to be used for the delivery of LNG from the Cameron LNG export project in...
http://www.chemweek.com/home/top_of_the_news/Mitsui-and-Co-concludes-deal-to-ship-LNG-from-the-US-to-Japan_64126.html
September 29, 2014
LyondellBasell’s supervisory board has formed a committee to choose Gallogly’s successor...
http://www.chemweek.com/home/top_of_the_news/LyondellBasell-CEO-Gallogly-to-retire-in-early-2015_64124.html
September 29, 2014
The Goodyear Tire & Rubber Company (Akron, OH) announced today that it has found silica derived from rice husk ash to have equal performance to traditional sources in reducing...
http://www.chemweek.com/home/top_of_the_news/Goodyear-looking-to-source-silica-from-rice-husk-ash_64123.html
September 29, 2014
National Industrialization Co. (Tasnee) says that it has submitted an offer on 28 September to the Gulf Investment Corp. to acquire an additional 13% stake in Cristal, the...
http://www.chemweek.com/home/top_of_the_news/Tasnee-to-raise-stake-in-TiO2-maker-Cristal_64090.html
September 29, 2014
Gas-to-liquids (GTL) firm Velocys (Houston) says it has raised approximately $85 million through an oversubscribed equity placing, priced at a premium to the market price. "This...
http://www.chemweek.com/home/top_of_the_news/Velocys-raises-$85-million_64121.html
September 29, 2014
Nova Chemicals has agreed to be the anchor shipper for Kinder Morgan Energy Partners’ Utica to Ontario Pipeline Access (Utopia) project, which will carry ethane and ethane-propane mixtures from the Utica shale basin to Nova’s Corunna, Ontario, facility. The pipeline, slated to begin operation in early 2018, will extend the range of shale-advantaged feedstocks available to Nova’s Corunna steam cracker, which has been receiving ethane from the Marcellus shale since early 2014....
http://www.chemweek.com/home/top_of_the_news/Novas-Corunna-cracker-to-receive-Utica-shale-ethane-via-Utopia-pipeline_64119.html
September 29, 2014
Lanxess has announced it has started up a new Lewatit weak acid cation (WAC) exchange resins production line at Leverkusen. The company has invested €10 million ($12.7 million) in...
http://www.chemweek.com/home/top_of_the_news/Lanxess-starts-up-ion-exchange-resins-plant-at-Leverkusen_64091.html
September 29, 2014
Enterprise Products Partners plans to build a ninth natural gas liquids fractionator at Mont Belvieu, TX. The company has also completed the first segment of its Aegis ethane pipeline....
http://www.chemweek.com/home/top_of_the_news/Enterprise-plans-ninth-fractionator-for-Mont-Belvieu-TX-connects-Aegis-to-Beaumont_64105.html
September 29, 2014
Sasol announced today that it has appointed Bongani Nqwababa as executive director and CFO effective 1 March 2015. Nqwababa has been an independent nonexecutive director and a member...
http://www.chemweek.com/home/top_of_the_news/Sasol-appoints-new-executive-director-and-CFO_64104.html
September 29, 2014
The federal state of Hessen, Germany, has agreed with potash producer K+S on a four-step plan to permanently dispose of saline wastewater in the Werra potash district in Germany. The...
http://www.chemweek.com/home/top_of_the_news/K+S-to-invest-&euro400-million-to-remedy-environmental-pollution-at-potash-operations-in-Germany_64102.html
September 29, 2014
Mitsubishi Chemical Holdings announced today that it plans to commence a tender offer for the industrial gases group Taiyo Nippon Sanso (Tokyo) on 30 September. Mitsubishi announced in...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-commences-tender-offer-for-Taiyo-Nippon-Sanso_64100.html
September 29, 2014
Stevens: Marks IMCD’s entry into the rapidly emerging Philippines market. Specialty chemicals distributor IMCD Group (Rotterdam) says that it has completed acquiring Danasia...
http://www.chemweek.com/home/top_of_the_news/IMCD-acquires-food-ingredients-distributor-in-Philippines_64097.html
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