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December 4, 2015
Sabic, by far the largest chemicals producer in the Mideast and a leading player worldwide, is transforming. The company is reorganizing its structure by disbanding two business units and creating a specialties business unit. The aim is to sharpen Sabic’s focus and enhance the company’s performance under its 2025 business strategy....
http://www.chemweek.com/lab/Exclusive-Sabic-CEO-discusses-US-China-opportunities-oil-to-chemicals-plan_75585.html
December 2, 2015
Cabot president and CEO Patrick Prevost will take a medical leave of absence to recover from a minor stroke, the company says. Prevost expects to resume CEO duties in January. An...
http://www.chemweek.com/lab/Cabot-CEO-to-take-temporary-leave-after-suffering-minor-stroke_75560.html
November 25, 2015
EPA says new information on herbicide's toxicity could lead to a different decision on restrictions for using Enlist Duo....
http://www.chemweek.com/lab/EPA-asks-court-to-vacate-approval-of-Dows-Enlist-Duo-herbicide-updated_75467.html
November 24, 2015
Cytec expects the deal to close next month pending satisfaction of remaining closing conditions, including US national security reviews and approvals....
http://www.chemweek.com/lab/Cytec-shareholders-approve-Solvay-takeover_75444.html
November 20, 2015
The cyclical downturn in agriculture is making deals in agchems all but inevitable—a sentiment confirmed by nearly all senior executives at the big six agricultural chemical...
http://www.chemweek.com/lab/Agchem-makers-weigh-options-as-consolidation-looms_75375.html
November 20, 2015
Air Liquide has agreed to acquire Airgas for $13.4 billion in a deal that Air Liquide says would establish it as the largest industrial gases firm....
http://www.chemweek.com/lab/Air-Liquide-to-acquire-Airgas-for-$13-4-billion_75368.html
November 19, 2015
Dow Chemical has reached agreement to acquire Chemours' aniline facility in Beaumont, TX for approximately $140 million in cash. The Beaumont, TX facility has aniline capacity of...
http://www.chemweek.com/lab/Dow-Chemical-to-acquire-Chemours-Beaumont-TX-aniline-unit-$140-million_75327.html
November 17, 2015
Innophos Holdings (Cranbury, NJ) has appointed Kim Ann Mink as CEO and president, effective 14 December 2015. Mink succeeds Randy Gress, who is retiring after 11 years. Gress will...
http://www.chemweek.com/lab/Innophos-taps-Dow-executive-for-CEO_75268.html
November 16, 2015
Huntsman Family Investments (HFI; Salt Lake City, UT), the the family-office investment platform for the family of Jon M. Huntsman Sr., has reached agreement to acquire...
http://www.chemweek.com/lab/Huntsman-family-to-acquire-American-Pacifics-specialty-chemicals-business_75245.html
November 13, 2015
Celanese says it expects earnings to grow 10%/year over the next three years with adjusted earnings hitting $8.00–8.50/share by 2018. Celanese also told investors at an investor...
http://www.chemweek.com/lab/Celanese-expects-10-percentyear-earnings-growth-targets-nylon-deals_75222.html
November 16, 2015
Regulatory issues were top of mind for attendees at this year’s National Association of Chemical Distributors (NACD; Washington) meeting in Bonita Spring, FL. While the deadline...
http://www.chemweek.com/lab/NACD-2015-Regulatory-issues-talent-management-top-agenda-amid-mixed-outlook_75203.html
November 12, 2015
Celanese has announced plans to expand acetic acid and vinyl acetate monomer (VAM) capacity at its Clear Lake, TX site. The company plans a series of “low-capital”...
http://www.chemweek.com/lab/Celanese-plans-US-acetic-acid-and-VAM-expansion-entry-to-PEEK-markets_75190.html
December 7, 2015
Latin America, across different countries, faces a series of challenges including reduced incomes in the wake of the oil price fall, plus chaotic government economic and energy...
http://www.chemweek.com/lab/APLA-Petrochemical-reports_75147.html
November 11, 2015
The future looks good for North America’s polyolefin producers, according to analysts who spoke at the recent IHS Global Plastics Summit in Chicago. Global polyethylene (PE)...
http://www.chemweek.com/lab/Positive-outlook-for-North-American-polyolefin-producers_75056.html
November 11, 2015
Low water levels on the Rhine River in Germany are limiting the size of cargo that chemical barges can carry and pushing freight volume into the railcar and truck market, IHS Chemical...
http://www.chemweek.com/lab/Low-Rhine-water-levels-hinder-chemical-transport-logistics_75055.html
November 9, 2015
Breen has served as interim chair and CEO of DuPont since 16 October, succeeding Ellen Kullman, who resigned abruptly in early October....
http://www.chemweek.com/lab/DuPont-names-Breen-as-chair-and-CEO_75101.html
November 2, 2015
Third-quarter results of diversified and commodity chemical producers indicate that difficult market conditions prevailed. DuPont continued to struggle with currency headwinds...
http://www.chemweek.com/lab/Challenging-quarter-for-commodities-diversifieds_74832.html
November 2, 2015
DuPont interim chair and CEO Ed Breen says the company is prepared to do a deal in agriculture as a cyclical downturn in seeds and crop protection chemicals has other ag majors, including Dow Chemical and Monsanto, looking for opportunities to consolidate....
http://www.chemweek.com/lab/DuPont-considers-ag-deal-as-majors-mull-consolidation_74847.html
November 2, 2015
BASF has reported 10% lower third-quarter Ebit before special items, €1.6 billion ($1.77 billion), on 5% lower sales, at €17.4 billion, in what the company describes as a weaker-than-expected market environment. Ebitda, however, was up 14%, to €2.87 billion, and net income advanced 19%, to €1.21 billion....
http://www.chemweek.com/lab/BASF-lowers-2015-guidance-on-weaker-market-environment_74787.html
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