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June 10, 2015
Private equity firm Apollo Management (New York) says it has agreed to acquire OM Group for about $1.03 billion, or $34/share. Apollo will then sell OM Group’s electronic...
http://www.chemweek.com/home/top_of_the_news/Apollo-to-acquire-OM-Group-for-$1-03-billion-sell-some-segments-to-Platform_70874.html
June 10, 2015
Borregaard (Sarpsborg, Norway) and Rayonier Advanced Materials (RYAM; Jacksonville, FL) said today that they have entered into a non-binding letter to establish a new lignin operation...
http://www.chemweek.com/home/top_of_the_news/Borregaard-and-Rayonier-Advanced-Materials-form-lignin-products-manufacturing-joint-venture_70860.html
June 10, 2015
The European Parliament voted Tuesday to postpone the vote on a resolution on the Transatlantic Trade and Investment Partnership (TTIP). The parliament subsequently voted Wednesday, by...
http://www.chemweek.com/home/top_of_the_news/European-Parliament-postpones-vote-debate-on-TTIP-VCI-sees-no-issue_71143.html
June 10, 2015
Valspar says that it has completed the previously announced acquisition of the performance coatings businesses of Quest Specialty Chemicals (Charleston, SC), which include automotive...
http://www.chemweek.com/home/top_of_the_news/Valspar-completes-acquisition-of-performance-coatings-businesses-from-Quest_70913.html
June 10, 2015
Major Russian petrochemicals player Nizhnekamskneftekhim (NKNK; Nizhnekamsk) on Wednesday reported a 13% rise in first-quarter revenues, to 38.2 billion Russian rubles ($703.7...
http://www.chemweek.com/home/top_of_the_news/NKNKs-first-quarter-revenues-rise-new-cracker-project-in-study-phase_71142.html
June 10, 2015
Specialty chemicals company Innospec says that it has agreed to divest its aroma chemicals business unit to a business group of Emerald Performance Materials (Cuyahoga Falls...
http://www.chemweek.com/home/top_of_the_news/Innospec-to-divest-aroma-chemicals-business-to-Emerald-Performance-Materials_71068.html
June 10, 2015
Khair Inorganic Chemical Industries Co. (InoChem), a Saudi joint stock company, has awarded Jacobs the second phase of project management consultancy (PMC) services contract for a...
http://www.chemweek.com/home/top_of_the_news/Jacobs-awarded-management-contract-for-soda-ash-project-in-Saudi-Arabia_71065.html
June 10, 2015
Lubrizol says that its performance coatings business has added acrylic emulsion capacity at its manufacturing facility at Antwerp. The facility manufactures resin technologies for the...
http://www.chemweek.com/home/top_of_the_news/Lubrizol-completes-acrylic-emulsion-expansion-at-Antwerp_71054.html
June 10, 2015
Styrene spot prices have spiked in Asia since the beginning of this week on short-covering activity for June-delivery cargoes because benzene feedstock prices and crude oil futures...
http://www.chemweek.com/home/top_of_the_news/Asia-styrene-prices-spike-on-short-covering-activity-and-firmer-feedstock-costs_71138.html
June 10, 2015
Clariant on Wednesday opened a consumer-care competence center under its industrial and consumer specialties business unit. The center is located at The Synergy in Singapore. It will...
http://www.chemweek.com/home/top_of_the_news/Clariant-opens-consumer-care-center-in-Singapore_71135.html
June 10, 2015
Bayer CropScience has succeeded in enforcing its patent in China for crop protection products containing the active ingredient spirotetramat, the company said on Wednesday. Local...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-wins-patent-lawsuit-in-China_71134.html
June 10, 2015
Braskem, the leading producer of polypropylene (PP) in the United States, is in preliminary engineering design phase of a world-scale PP plant, which will be the company’s...
http://www.chemweek.com/home/top_of_the_news/Braskem-in-early-engineering-of-large-PP-plant-in-the-US_71132.html
June 10, 2015
Sumitomo Chemical says that it has decided to more than double its production capacity for lithium-ion (Li-ion) secondary battery separators, which are marketed under the Pervio brand...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-Chemical-to-double-Li-ion-secondary-battery-separator-production-capacity_71127.html
June 10, 2015
ONGC Mangalore Petrochemicals Ltd. (OMPL) has issued a sell tender for 45,000 m.t. of benzene to be loaded from New Mangalore, India, from July to September, documents obtained by IHS...
http://www.chemweek.com/home/top_of_the_news/OMPL-offers-45000-m-t-benzene-export-tender-for-July-to-September_71124.html
June 10, 2015
China’s imports of the main aromatics products were mostly lower in April on a sequential basis, data obtained by IHS Chemical show. Toluene imports' volume, 65,409 m.t. in...
http://www.chemweek.com/home/top_of_the_news/Chinas-April-aromatics-imports-mostly-down-from-March_70702.html
June 9, 2015
Last week’s OPEC meeting in Vienna has shown a continuation of the Saudi-led resolve to defend market share and let the market determine the crude oil price as a response to...
http://www.chemweek.com/home/top_of_the_news/OPEC-signals-opportunity-in-petchems_71109.html
June 9, 2015
The European Commission on Tuesday approved International Chemical Investors Group (ICIG)'s proposed acquisition of a group of chlorovinyls businesses belonging to Ineos. In...
http://www.chemweek.com/home/top_of_the_news/EU-clears-Solvay-and-Ineos-Inovyn-JV-acquisition-of-some-Ineos-assets-by-ICIG_71103.html
June 9, 2015
Neste (Espoo, Finland) and Total's special fluids group, Total Fluides, have signed a collaborative agreement for suppling Neste's proprietary NEXBTL-branded renewable isoalkane for...
http://www.chemweek.com/home/top_of_the_news/Neste-to-supply-renewable-isoalkane-to-Total-for-production-of-biobased-solvents-technical-fluids_71100.html
June 9, 2015
Industrial gases group Messer (Bad Soden, Germany) has commissioned a plant producing noble gases krypton and xenon at Panzhihua, Sichuan Province, China. The facility is Messer's...
http://www.chemweek.com/home/top_of_the_news/Messer-commissions-krypton-and-xenon-gases-plant-in-China_71098.html
June 9, 2015
Bayer MaterialScience, a Bayer group company, says that it has started up the previously announced production line for thermoplastic polyurethane (TPU) at the company’s site...
http://www.chemweek.com/home/top_of_the_news/Bayer-starts-up-second-TPU-production-line-at-Cuddalore-India_71097.html
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