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June 26, 2014
Afton Chemical (Richmond, VA), part of NewMarket Corp., has held a ground breaking ceremony for a previously announced chemical additives manufacturing facility on Jurong Island...
http://www.chemweek.com/home/top_of_the_news/Afton-Chemical-breaks-ground-on-Singapore-project_62049.html
June 26, 2014
Specialty chemicals distributor IMCD Group (Rotterdam) and its main shareholder, private equity firm Bain Capital, say they have decided, due to "significant demand," to...
http://www.chemweek.com/home/top_of_the_news/IMCD-increases-number-of-shares-offered-in-IPO-by-10-percent_62046.html
June 26, 2014
Haldor Topsøe is establishing an automotive catalyst production facility in Brazil, the company announced today. It will focus on manufacturing catalysts that can remove...
http://www.chemweek.com/home/top_of_the_news/Haldor-Topsøe-to-build-automotive-catalysts-plant-in-Brazil_62045.html
June 26, 2014
Ineos and Solvay say that they have signed a definitive agreement to create their previously announced chlorvinyls joint venture, and that they will name the jv Inovyn. The jv is...
http://www.chemweek.com/home/top_of_the_news/Ineos-Solvay-sign-agreement-for-chlorvinyls-JV-to-be-named-Inovyn_62042.html
June 26, 2014
Sabic and Mitsubishi Rayon, partners in an equally-owned methyl methacrylate (MMA) and polymethyl methacrylate (PMMA) manufacturing joint venture in Saudi Arabia, earlier this...
http://www.chemweek.com/home/top_of_the_news/Sabic-Mitsubishi-Rayon-jv-awards-contract-for-delayed-MMA-PMMA-project-in-Saudi-Arabia_62043.html
June 26, 2014
Bayer MaterialScience’s (BMS) polyurethane systems house Bayer Pearl has broken ground for its new headquarters in the Dubai Investments Park, which will be the site of the...
http://www.chemweek.com/home/top_of_the_news/Bayer-MaterialScience-and-Pearl-Insulation-break-ground-for-Dubai-project_62044.html
June 26, 2014
H.B. Fuller says that it has signed an agreement to acquire Tonsan Adhesive (Beijing). Tonsan, which was founded in 1993, specializes in R&D, manufacturing and sale of engineering...
http://www.chemweek.com/home/top_of_the_news/H-B-Fuller-to-acquire-Chinese-firm-Tonsan-Adhesive-for-$225-million_62041.html
June 25, 2014
Asia will remain the main demand region for polyolefins, and its share of worldwide polyolefin consumption will exceed 50% by 2020, with China representing well over half of this...
http://www.chemweek.com/home/top_of_the_news/PEPP-2014-Asia-will-continue-to-drive-demand-growth-for-polyolefins_62020.html
June 25, 2014
EPA today released its final risk assessment for trichloroethylene (TCE)—the first such assessment to be completed as part of the agency’s Toxic Substances Control Act...
http://www.chemweek.com/home/top_of_the_news/EPA-issues-final-risk-assessment-for-TCE_62040.html
June 25, 2014
Bayer said today that it has issued two hybrid bonds with a total volume of €3.25 billion ($4.43 billion) as the first step in refinancing the $14.2-billion bridge loan arranged...
http://www.chemweek.com/home/top_of_the_news/Bayer-issues-hybrid-capital-of-&euro3-25-billion-to-finance-Merck-and-Co-s-consumer-care-acquisition_62039.html
June 25, 2014
Innovation, focused on market and customer needs and attractive growth markets, is expected to contribute 1–2 percentage points annually to Clariant's sales growth, helping the...
http://www.chemweek.com/home/top_of_the_news/Clariant-highlights-role-of-innovation-plans-metallocene-polyolefins-hike-China-catalysts-R-and-D-center_62036.html
June 25, 2014
The European Commission has today strictly limited the level of bisphenol A (BPA) in toys for children up to the age of three years and for toys that are intended to be in the mouth...
http://www.chemweek.com/home/top_of_the_news/European-Commission-strictly-limits-BPA-in-toys_62014.html
June 25, 2014
Europe's olefins and polyolefins industry needs to improve its feedstock flexibility while continuing to innovate and create opportunities, since it faces growing competition from...
http://www.chemweek.com/home/top_of_the_news/PEPP-2014-Europes-polyolefins-industry-must-innovate-improve-feedstock-flexibility_62013.html
June 25, 2014
Huntsman says that agribusiness group Wilmar International (Singapore) has completed the previously announced acquisition of Huntsman’s European commodity surfactants business...
http://www.chemweek.com/home/top_of_the_news/Wilmar-aquires-Huntsmans-European-commodity-surfactants-business_62012.html
June 25, 2014
Showa Denko said today that it has increased production of high-purity ammonia at its subsidiary in Zhenjiang Province, China, earlier this year and has begun shipping product in tank...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-reinforces-supply-of-high-purity-gases-to-semiconductor-industry-in-Asia_62010.html
June 25, 2014
Kraton Performance Polymers’ planned merger with the styrenics block copolymers (SBC) unit of LCY Chemical (Taiwan) may not pay off for two years later than expected, the company said on 24 June. The company’s stock price fell 14% the day of the announcement, losing $3.60/share to close at $21.53/share....
http://www.chemweek.com/home/top_of_the_news/Kraton-shares-fall-14-percent-on-weaker-post-merger-earnings-forecast_62008.html
June 24, 2014
Uralkali, one of the world’s largest potash producers, has announced that it has won the auction to develop the Romanovsky block of the Verkhnekamskoye...
http://www.chemweek.com/home/top_of_the_news/Uralkali-wins-auction-for-Romanovsky-potash-block-in-Russia_62005.html
June 24, 2014
Monsanto has held informal talks with Syngenta in recent months, offering a friendly takeover of Syngenta, according to a Bloomberg report. Such a deal, which would have...
http://www.chemweek.com/home/top_of_the_news/Reports-Monsanto-held-talks-to-acquire-Syngenta_61987.html
June 24, 2014
Croda (Goole, UK) says its full-year pretax profits will be below the £251.4 million ($426.9 million) it posted in 2013. Croda cites the stronger UK currency. "For...
http://www.chemweek.com/home/top_of_the_news/Croda-says-strength-of-UK-currency-will-dent-full-year-profits_62003.html
June 24, 2014
Brazil's antitrust body CADE (Brasilia) has challenged the proposed acquisition by Braskem of Solvay Indupa (Bueno Aires), Solvay's polyvinyl chloride (PVC) and chlor-alkali business...
http://www.chemweek.com/home/top_of_the_news/Brazils-antitrust-authority-challenges-Braskems-acquisition-of-Indupa_61991.html
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