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April 10, 2013
Dow Chemical says its Dow AgroSciences business has opened its new 175,000-sq-ft R&D center at Dow AgroSciences’ global headquarters at Indianapolis, IN. The research center...
http://www.chemweek.com/home/top_of_the_news/Dow-AgroSciences-opens-new-R-and-D-center-at-Indianapolis-headquarters_51050.html
April 10, 2013
Longtime Toxic Substances Control Act (TSCA)–reform advocate Senator Frank Lautenberg (D., NJ) is expected to introduce the Safe Chemicals Act of 2013—the latest version of...
http://www.chemweek.com/home/top_of_the_news/Industry-calls-for-bipartisan-approach-to-TSCA-reform-Lautenberg-bill-due-out-soon_51049.html
April 10, 2013
W.R. Grace cut its earnings outlook for 2013 and reported preliminary earnings below analysts’ estimates, as destocking and operational issues amid catalyst customers and...
http://www.chemweek.com/home/top_of_the_news/Grace-cuts-2013-outlook-warns-on-weak-catalyst-results_51047.html
April 10, 2013
Odfjell Tankers and National Chemical Carriers (NCC; Riyadh) have agreed to dissolve their pool of 40,000–45,000 deadweight (dwt) m.t. coated chemical tankers, effective 1 June...
http://www.chemweek.com/home/top_of_the_news/Odfjell-and-Saudi-Arabias-NCC-to-discontinue-chemical-tanker-pool_51041.html
April 10, 2013
Beleaguered polyvinyl chloride (PVC) producer Kem One (Lyon, France) has secured funding that it says will enable the company to continue operating under the terms of its receivership...
http://www.chemweek.com/home/top_of_the_news/Kem-One-secures-funding-to-continue-operating-under-terms-of-receivership_51021.html
April 9, 2013
After delaying its annual shareholders meeting and a back-and-forth battle for director control with hedge fund Jana Partners (New York), Agrium announced today that its shareholders...
http://www.chemweek.com/home/top_of_the_news/Agrium-shareholders-reelect-board-members-following-Jana-dissent_51037.html
April 9, 2013
Ecolab has entered into a consent agreement with the US Department of Justice (DOJ) regarding Ecolab’s previously announced $2.3-billion acquisition of Champion Technologies. The agreement requires Ecolab to divest certain assets and license technology that serves customers in US Gulf of Mexico deepwater drilling to Clariant. Ecolab now expects to close the Champion acquisition by 15 April....
http://www.chemweek.com/home/top_of_the_news/Ecolab-to-sell-deepwater-product-line-to-Clariant-to-gain-antitrust-approval-of-Champion-acquisition-updated_51008.html
April 9, 2013
Linde says it has been awarded a major contract by Reliance Industries (Mumbai) to build several plants to generate and purify gases at Reliance’s Jamnagar, India, site. Linde's...
http://www.chemweek.com/home/top_of_the_news/Linde-awarded-major-contract-in-India-by-Reliance_51018.html
April 9, 2013
DSM says that it has signed a memorandum of understanding (MOU) for a strategic partnership with Rostekhnologii (Rostec; Moscow), in the fields of biotechnology and functional...
http://www.chemweek.com/home/top_of_the_news/DSM-and-Rostec-to-cooperate-on-biotechnology-and-functional-materials_51010.html
April 9, 2013
A. Schulman today reported fiscal second-quarter net income up 29.7% year-on-year (YOY), to $11.8 million, on sales up 5.3%, to $522.4 million. A tax allowance and an acquisition drove...
http://www.chemweek.com/home/top_of_the_news/Schulman-falls-short-of-estimates-on-Europe-weakness_51005.html
April 9, 2013
Ferro lifted its first-quarter and fiscal-year 2013 earnings guidance based on preliminary results and progress made to date on the company's cost-savings and value-creation strategy...
http://www.chemweek.com/home/top_of_the_news/Ferro-increases-earnings-outlook_51003.html
April 8, 2013
EU chemical output decreased by 1.6% during January compared with the same period in 2012, according to the latest Chemicals Trends Report published by Cefic today. Consumer chemical...
http://www.chemweek.com/home/top_of_the_news/EU-chemical-output-down-1-6-percent-in-January_50989.html
April 8, 2013
Apollo Management says it plans to sell 15 8 million shares, roughly a 24% stake, in amines producer Taminco as part of a planned initial public offering. The offering is being priced...
http://www.chemweek.com/home/top_of_the_news/Taminco-seeks-to-raise-$300-million-from-IPO_50991.html
April 8, 2013
Mitsui Chemicals says that Lotte Mitsui Chemicals (Yosu, South Korea), a 50-50 joint venture with Lotte Chemical (Seoul), started up a previously announced polypropylene (PP) catalyst...
http://www.chemweek.com/home/top_of_the_news/Mitsui-Chemicals-Lotte-Chemical-JV-opens-polypropylene-catalyst-plant-in-Korea_50982.html
April 5, 2013
A. Schulman announced several management changes, including an agreement with current CEO Joseph Gringo that would extend his employment for up to two years in the event of a...
http://www.chemweek.com/home/top_of_the_news/A-Schulman-announces-executive-changes-option-to-extend-CEOs-contract_50948.html
April 5, 2013
Torsten Derr, global head of material protection products business unit at Lanxess; and Shae Toh Hock, senior v.p./corporate planning and development at Nipsea, sign the deal...
http://www.chemweek.com/home/top_of_the_news/Lanxess-acquires-Singapore-based-biocides-company-PCTS_50963.html
April 5, 2013
Tosoh says that a fire broke out at about 9.17 p.m. on 3 April at the No. 3 ethyleneamine plant in the company’s Nanyo complex at Shunan, Japan. The fire was extinguished within...
http://www.chemweek.com/home/top_of_the_news/Fire-at-Tosohs-ethyleneamine-plant-in-Japan_50966.html
April 5, 2013
The Chinese government says that a major state-owned rare earth production company has been formed at Ganzhou, Jiangxi Province, in southeast China, for the sustainable development of...
http://www.chemweek.com/home/top_of_the_news/Major-rare-earth-company-formed-at-Ganzhou-China_50936.html
April 4, 2013
When the process is completed later this year, Muntajat will have transformed nine separate marketing organizations with limited resources into one of the largest chemical suppliers in the world...
http://www.chemweek.com/home/top_of_the_news/Muntajat-expands-control-of-Qatar-chemical-exports-to-70-percent_50960.html
April 4, 2013
International Process Plants (IPP; Hamilton, NJ) says it has put  former Vinyls Italia assets at Porto Marghera and Porto Torres, Italy up for sale. The facilities, owned earlier...
http://www.chemweek.com/home/top_of_the_news/Former-Vinyls-Italia-plants-at-Porto-Marghera-and-Porto-Torres-up-for-sale_50946.html
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