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April 14, 2014
Axiall (Atlanta, GA) has restarted a Lake Charles, LA, vinyl chloride monomer (VCM) plant, which was shut down after a fire on 20 December. Axiall also released preliminary first-quarter financial results....
http://www.chemweek.com/home/top_of_the_news/Axiall-completes-VCM-repairs-estimates-50-percent-yoy-decline-in-first-quarter-Ebitda_60292.html
April 14, 2014
Silicones and quartz maker Momentive Performance Materials (MPM; Albany), which is controlled by private-equity firm Apollo Management, has filed for Chapter 11 bankruptcy protection in an attempt to implement a "pre-negotiated" restructuring plan to reduce debt by $3 billion. All of MPM’s silicones and quartz businesses will continue to operate normally during this period, the company adds....
http://www.chemweek.com/home/top_of_the_news/Momentive-Performance-Materials-files-for-Chapter-11-updated_60267.html
April 14, 2014
The latest report by the Intergovernmental Panel on Climate Change (IPCC; Geneva) shows that worldwide emissions of greenhouse gases have risen to unprecedented levels despite a...
http://www.chemweek.com/home/top_of_the_news/Latest-IPCC-report-GHG-emissions-accelerating-substantial-cuts-still-achievable_60288.html
April 14, 2014

Symrise (Holzminden, Germany) has agreed to acquire flavors and nutrition ingredients maker Diana Group (Vannes, France) from private equity firm Ardian (Paris) for €1.3 billion ($1.8 billion). The deal is expected to close in third-quarter 2014.

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http://www.chemweek.com/home/top_of_the_news/Symrise-to-acquire-Diana-Group-for-$1-8-billion_60284.html
April 14, 2014
Air Products will build a 40-million standard cubic feet/day hydrogen production facility to process a hydrogen-rich off-gas stream from a new propane dehydrogenation (PDH) facility...
http://www.chemweek.com/home/top_of_the_news/Air-Products-to-build-hydrogen-plant-at-Enterprise-PDH-unit_60272.html
April 11, 2014
Koch Industries and the private equity arm of Goldman Sachs have agreed to acquire printing inks maker Flint Group (Luxembourg) from CVC Capital Partners (London). Flint is the second-largest global producer of printing inks after DIC (Tokyo). Flint revenues for 2013 were €2.2 billion ($2.9 billion). Terms of the sale were not disclosed but sources say the price was close to Flint's 2013 revenues, $2.9 billion, and that the equity contribution of both Goldman and Koch will be roughly equal....
http://www.chemweek.com/home/top_of_the_news/Goldman-Sachs-Koch-Industries-partner-to-acquire-Flint-Group-updated_60231.html
April 11, 2014
Sumitomo has agreed to acquire a minority share in Cepsa Química China (Shanghai), and the resulting company will be a 75-25 joint venture between Cepsa (Madrid) and Sumitomo...
http://www.chemweek.com/home/top_of_the_news/Sumitomo-buys-stake-in-Cepsa-phenol-project-at-Shanghai_60253.html
April 11, 2014
Givaudan (Geneva) recorded sales of  1.09 billion Swiss francs ($1.24 billion) during the first quarter of 2014, according to the company's results, published today. The results...
http://www.chemweek.com/home/top_of_the_news/Givaudans-first-quarter-sales-rise_60251.html
April 11, 2014
Lanxess's Porto Feliz site. Lanxess says it has opened its previously announced, new, high-tech plastics plant at the company’s site at Porto Feliz, Brazil. Lanxess has...
http://www.chemweek.com/home/top_of_the_news/Lanxess-opens-high-tech-plastics-plant-in-Brazil_60247.html
April 10, 2014
 American Vanguard (Amvac) announced today that it expects elevated channel inventories, arising primarily from weather conditions in the Midwestern United States, will affect its...
http://www.chemweek.com/home/top_of_the_news/Amvac-warns-on-first-quarter-results_60245.html
April 10, 2014
China's silicone producers are adding capacity more quickly than the market can absorb, increasing the pressure to rationalize production, according to analysts at IHS Chemical....
http://www.chemweek.com/home/top_of_the_news/IHS-Rapid-growth-in-silicones-through-2018-but-overcapacity-threatens_60234.html
April 10, 2014
Leading potash producer Uralkali (Berezniki, Russia) says its 2013 net profit dropped 58%, to $666 million on revenue down 20%, to $2.7 billion. Uralkali's Ebitda declined 31% in 2013...
http://www.chemweek.com/home/top_of_the_news/Uralkali-posts-falls-in-2013-earnings-sales-says-performance-improved-after-exit-from-potash-cartel_60244.html
April 10, 2014
Borealis will expand its crosslinked polyethylene (XLPE) production facilities at Stenungsund, Sweden, and as part of the ongoing Borouge 3 project in Abu Dhabi, the company has...
http://www.chemweek.com/home/top_of_the_news/Borealis-expands-XLPE-capacity-to-meet-cable-and-wire-demand_60227.html
April 10, 2014
Huntsman says that agrobusiness group Wilmar International (Singapore) has agreed to purchase Huntsman's European commodity surfactants business. Huntsman, under the terms of...
http://www.chemweek.com/home/top_of_the_news/Huntsman-to-sell-European-commodity-surfactants-business-to-Wilmar-close-plant-in-Italy_60226.html
April 10, 2014
Indorama Ventures (Bangkok) says that it will acquire a 51% stake in Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate (PET) producer in Turkey...
http://www.chemweek.com/home/top_of_the_news/Indorama-to-acquire-Turkish-firm-Sasa-Polyester-Sanayi_60225.html
April 10, 2014
Solvay has confirmed that it has signed an agreement to sell its polyvinyl chloride (PVC) compound business, Benvic Europe, to US investment company OpenGate Capital (Los Angeles). The...
http://www.chemweek.com/home/top_of_the_news/Solvay-confirms-plans-to-sell-European-PVC-compound-business-to-OpenGate_60221.html
April 10, 2014
Clariant says it will make a “significant investment” to expand its plant at Casablanca, Morocco, to increase production of polymers and chemical blends for the African and...
http://www.chemweek.com/home/top_of_the_news/Clariant-Mining-Solutions-expands-plant-in-Morocco_60220.html
April 9, 2014
Paints and coatings makers are feeling increasingly optimistic about business prospects for 2014, as the rebounding construction market drives demand for architectural coatings and raw...
http://www.chemweek.com/home/top_of_the_news/ACS-2014-Optimism-rising-in-the-coatings-industry_60219.html
April 9, 2014
Rivertop Renewables (Missoula, MT) announced today that it has raised $26 million to advance its renewable chemicals production technology. New investors include agribusiness giant...
http://www.chemweek.com/home/top_of_the_news/Rivertop-Renewables-raises-$26-million_60218.html
April 9, 2014
Saipem (Milan) has been awarded an onshore engineering, procurement, and construction contract for an expansion of synthetic rubber capacity at the Versalis (Milan) complex at Ferrara...
http://www.chemweek.com/home/top_of_the_news/Saipem-awarded-EPC-contract-to-expand-Versaliss-EPDM-production-in-Italy_60209.html
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