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February 4, 2014
Cytec Industries announced today that v.p. and CFO David Drillock will retire from the company effective 31 December after 36 years with the company...
http://www.chemweek.com/home/top_of_the_news/Cytec-CFO-announces-plans-to-retire-at-end-of-2014_58552.html
February 4, 2014
Grace emerged from bankruptcy protection Monday, ending nearly 13 years of operation under Chapter 11 protection to address asbestos-related claims. Separately, Grace announced Tuesday that its board has authorized a share repurchase program of up to $500 million, or roughly 6.8% of outstanding shares based current market capitalization....
http://www.chemweek.com/home/top_of_the_news/W-R-Grace-exits-bankruptcy-protection-updated_58528.html
February 4, 2014
Axalta Coating Systems (Philadelphia), the former coatings operation of DuPont, has announced plans to more than double waterborne coatings capacity at its Guarulhos, Brazil, site. The...
http://www.chemweek.com/home/top_of_the_news/Axalta-to-boost-waterborne-coatings-in-Brazil_58542.html
February 4, 2014
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 2.7% rise in operating profits for the fourth quarter of 2013 compared with the...
http://www.chemweek.com/home/top_of_the_news/SK-Global-Chemical-reports-a-slight-increase-in-operating-profits_58537.html
February 4, 2014
Altana (Wesel, Germany) says it has acquired DSM's polypropylene wax emulsions business. The deal includes technology and customer-specific know-how, Altana says. The products can be...
http://www.chemweek.com/home/top_of_the_news/Altana-acquires-DSMs-polypropylene-wax-emulsion-business_58535.html
February 4, 2014
Sika (Baar, Switzerland) says it has agreed to acquire Lwart Química (Lençóis Paulista, Brazil), a supplier of waterproofing products in Brazil. The financial...
http://www.chemweek.com/home/top_of_the_news/Sika-to-acquire-Brazilian-waterproofing-materials-company_58529.html
February 3, 2014
Praxair announced today that it has completed the acquisition of its industrial gases joint venture Praxair Distribution Mid-Atlantic (PDMA; Allentown, PA). The company previously held...
http://www.chemweek.com/home/top_of_the_news/Praxair-buys-out-mid-Atlantic-distribution-joint-venture_58527.html
February 3, 2014
AFC Energy (Dunsfold, UK), the industrial fuel-cell power company, said today that it has signed a nonbinding memorandum of understanding with US chemicals manufacturer Allied New...
http://www.chemweek.com/home/top_of_the_news/AFC-Energy-Allied-New-Technologies-sign-MOU-for-energy-facility-at-Florida-chlor-alkali-plant_58504.html
February 3, 2014
Tosoh today reported that for the nine months from 1 April 2013 through 31 December 2013, net income rose ¥17.2 billion ($170.5 million), to ¥22.7 billion, on sales...
http://www.chemweek.com/home/top_of_the_news/Tosohs-sales-and-earnings-soar-full-year-forecast-confirmed_58503.html
February 3, 2014
Linde North America announced today that it has completed construction of a specialty gases plant at Hammond, IN. The plant complements the current industrial and medical gas filling...
http://www.chemweek.com/home/top_of_the_news/Linde-completes-construction-of-gases-plant-in-the-US_58502.html
February 3, 2014
AVA Biochem (Muttenz, Switzerland) said today that it has begun commercial-scale production of high-purity renewable 5-hydroxymethylfurfural (5-HMF) at Clariant’s Infrapark at...
http://www.chemweek.com/home/top_of_the_news/AVA-Biochem-starts-commercial-production-of-renewable-5-HMF_58501.html
February 3, 2014
Indorama Ventures (Bangkok) says that it has agreed to acquire an 80% stake in PHP Fibers (Wuppertal, Germany). PHP  is Europe’s largest producer of nylon-6,6 industrial...
http://www.chemweek.com/home/top_of_the_news/Indorama-acquires-majority-stake-in-German-yarn-producer_58499.html
February 3, 2014
Teijin reports nearly a sixfold increase in net profits for its fiscal first nine months, ended 31 December 2013, compared with the year-ago period, to ¥5.02 billion ($49.2...
http://www.chemweek.com/home/top_of_the_news/Teijin-reports-huge-rise-in-profits_58494.html
February 3, 2014
Honeywell announced today that the Intergovernmental Panel on Climate Change (IPCC; Geneva, Switzerland), a scientific body established by the United Nations, confirmed that...
http://www.chemweek.com/home/top_of_the_news/UN-climate-panel-confirms-low-global-warming-potential-of-HFO-1234yf_58511.html
February 2, 2014
The GCC petrochemical industry is set to record an increase in exports in 2014 due to the World Trade Organization’s (WTO) Bali Package, the Gulf Petrochemicals & Chemicals...
http://www.chemweek.com/home/top_of_the_news/GCC-petrochemicals-set-for-export-surge-GPCA-says_58493.html
January 31, 2014
Managing TSCA reform as it makes its way through Congress and ensuring that fuel subsidies do not adversely impact oleochemical prices are key priorities for the cleaning chemicals...
http://www.chemweek.com/home/top_of_the_news/ACI-2014-TSCA-reform-fuel-subsidies-key-priorities-for-soapers_58404.html
January 31, 2014
“Cautious optimism” was the phrase buzzing through the halls of the Grande Lakes Orlando this week at ACI's annual meeting and conference. Soapers and home care chemical...
http://www.chemweek.com/home/top_of_the_news/ACI-2014-Stability-slow-growth-ahead-for-soaps_58453.html
January 31, 2014
Burdensome and counterproductive regulation and industry’s sustainability efforts emerged as common themes at the Global Industry Update panel at the American...
http://www.chemweek.com/home/top_of_the_news/ACI-2014-Regulations-sustainability-efforts-top-global-panel-concerns_58430.html
January 31, 2014
Senator David Vitter (R., LA) told attendees Friday at ACI’s 2014 Annual Meeting, currently being held in Orlando, FL, that he is hopeful that chemical management reform will clear Congress this year....
http://www.chemweek.com/home/top_of_the_news/ACI-2014-Senator-Vitter-optimistic-about-prospects-for-CSIA-passage-this-year_58467.html
January 31, 2014
Strong performance in the Americas and a tax benefit lifted LyondellBasell Industries’ fourth-quarter net income to $1.175 billion, up 89% year-on-year from $623 million, says the company, and 38% from the third quarter’s $851 million. Earnings of $2.11/share handily surpassed the consensus estimate of $1.40 reported by Thomson Reuters....
http://www.chemweek.com/home/top_of_the_news/LyondellBasell-finishes-record-year-with-strong-quarter_58466.html
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