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September 17, 2014
Solvay has reached a deal to acquire the polyphenylene sulfide (PPS) business of Chevron Phillips Chemical (CPChem) for $220 million. Solvay will acquire two Ryton PPS resin manufacturing units at Borger, TX; its pilot plant and PPS R&D assets at Bartlesville, OK; a compounding plant at Kallo-Beveren, Belgium; and certain intellectual property relating to the PPS business. CPChem’s compounding unit at La Porte, TX, will remain part of CPChem and will provide temporary tolling services to Solvay....
http://www.chemweek.com/lab/Solvay-to-acquire-CPChems-PPS-assets-for-$220-million_63704.html
September 17, 2014
The board of directors of Israel Chemicals Ltd. (ICL; Tel Aviv) has instructed the management of Bromine Compounds Co. to develop and implement a plan to improve the profitability of...
http://www.chemweek.com/lab/-reviews-bromine-operations-to-close-magnesium-plant_63723.html
September 17, 2014
Hedge fund Trian Fund Management (New York) calls on DuPont to split off its higher-growth agriculture, nutrition, and industrial biotech operations....
http://www.chemweek.com/lab/Trian-urges-DuPont-to-break-off-ag-and-industrial-biotech-operations_63868.html
September 11, 2014
CCMP Capital Advisors (CCMP; New York) has reached a deal to acquire a 47% stake in silica and catalyst maker PQ from Carlyle Group (Washington). CCMP sold PQ to Carlyle for $1.5 billion in 2007. Terms of the latest deal, expected to close by early 2015, were not immediately available....
http://www.chemweek.com/lab/CCMP-returns-to-acquire-47-percent-stake-in-PQ-from-Carlyle_63760.html
September 11, 2014
The chemical industry continues to face public mistrust despite dramaticaly improving process and product safety under ACC’s Responsible Care program. The program is constantly evolving to address public concerns and improve industry’s health and safety profile....
http://www.chemweek.com/lab/Responsible-Care-focuses-on-continual-improvement_62314.html
September 11, 2014
Research spending in the German chemical industry climbed to a record €9.6 billion in 2012, an increase of 6.0% compared with that in 2011, according to VCI. The chemical-pharmaceutical industry wants to increase R&D spending in 2014 to €10 billion, according to VCI....
http://www.chemweek.com/lab/Chemical-innovation-The-modern-research-lab-made-in-Germany_61401.html
September 9, 2014
The discovery of a cheaper and more efficient way to directly produce ethylene by George Curme in 1919 laid the foundation of the modern chemical industry. Applications for ethylene...
http://www.chemweek.com/lab/Revisiting-the-first-cracker-in-West-Virginia-as-shale-rekindles-interest_59713.html
September 9, 2014
FMC says that it has signed a definitive agreement to acquire crop protection company Cheminova (Harboøre, Denmark), for about 10.5 billion Danish kroner ($1.82 billion)...
http://www.chemweek.com/lab/FMC-to-acquire-Danish-crop-protection-firm-Cheminova-for-$1-8-billion-update_63656.html
September 3, 2014
BASF says it will modify its logo to mark the company's 150th anniversary in 2015. The slogan We create chemistry will be introduced into the logo, replacing The Chemical Company, BASF...
http://www.chemweek.com/lab/BASF-alters-logo-to-mark-150th-anniversary_63591.html
August 28, 2014
Four other specialty chemical makers had also expressed interest in all or part of Rockwood in recent months, according to a regulatory filing....
http://www.chemweek.com/lab/Albemarle-Rockwood-courtship-played-out-over-2-years_63463.html
August 26, 2014
The Galveston County Economic Alliance announced on Tuesday that Fund Connell USA Energy and Chemical Investment Corp. is exploring plans to build a large methanol production and...
http://www.chemweek.com/lab/Chinese-group-plans-$4-5-billion-methanol-complex-at-Texas-City_62657.html
August 22, 2014
Reliance Industries (Mumbai) told the Bombay Stock Exchange today that it will source 1.5 million m.t./year of ethane from the United States to feed its crackers in India. The company...
http://www.chemweek.com/lab/Reliance-Industries-to-import-US-ethane-to-feed-its-crackers-in-India_63317.html
August 22, 2014
Axalta, the former automotive coatings business of DuPont, has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering....
http://www.chemweek.com/lab/Carlyles-Axalta-files-for-IPO_63347.html
August 15, 2014

Hedge fund Third Point reports holding a 22-million share stake in Dow Chemical, valued at $1.1 billion, according to its second-quarter report on US-traded equity holdings with SEC on 14 August. Third Point also reports new stakes in DSM and FMC. Jana Partners joined Third Point with a new FMC stake in the second quarter. 

...

http://www.chemweek.com/lab/Third-Point-reports-1-8-percent-Dow-holding-Third-Point-Jana-take-stake-in-FMC_63234.html
August 15, 2014
Commodity producers in North America have turned in mixed second-quarter results that show the effects of production outages and price pressures. Huntsman reports net income of $119...
http://www.chemweek.com/lab/Pricing-and-outages-shape-commodity-earnings_63216.html
August 14, 2014
Apple announced today that it will ban the use of benzene and n-hexane in the final assembly of its electronics as part of a renewed effort to eliminate unsafe work conditions since...
http://www.chemweek.com/lab/Apple-bans-benzene-and-n-hexane-from-final-product-assembly_63187.html
August 8, 2014
Mexichem (Tlalnepantla, Mexico) has agreed to acquire Vestolit (Marl, Germany), Europe’s sixth-largest manufacturer of polyvinyl chloride (PVC), from private equity firm...
http://www.chemweek.com/lab/Mexichem-acquires-PVC-producer-Vestolit-for-&euro219-million_62985.html
August 6, 2014
Platform Specialty Products (Miami), formed by the acquisition of specialty chemical maker MacDermid, has agreed to acquire crop protection chemicals maker Agriphar (Ougree, Belgium)...
http://www.chemweek.com/lab/Platform-Specialty-acquires-European-crop-protection-chemicals-maker-Agriphar-for-$400-million_63021.html
August 1, 2014
Most commodity and diversified chemical makers have turned in solid results for the second quarter, the combined result of improving demand and productivity gains. Dow Chemical reports...
http://www.chemweek.com/lab/Commodity-diversified-makers-report-a-solid-second-quarter_62858.html
August 1, 2014
US chemical profits have rebounded over the past five years thanks to the shale gas boom. Not only are quarterly and yearly earnings, sales, and profits up, but these increases have extended to C-suite executives and vice presidents, since the increased focus on pay-for-performance is boosting compensation....
http://www.chemweek.com/lab/Executive-compensation-Pay-inches-up-metrics-evolve_62896.html
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