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January 24, 2014
Hedge fund Third Point (New York), on 21 January, revealed a “significant” investment in Dow Chemical and promptly urged management to consider spinning off its petrochemical operations....
http://www.chemweek.com/lab/Hedge-fund-Third-Point-pushes-Dow-for-petrochemical-spin-off_58280.html
January 23, 2014
Biodiesel producer Renewable Energy Group (Ames, IA) today announced it has acquired renewable chemical technology developer LS9 for a purchase price of up to $61.5 million, consisting...
http://www.chemweek.com/lab/Biodiesel-firm-acquires-LS9-for-$61-million_58203.html
January 21, 2014
Priorities for the American Cleaning Institute (ACI; Washington) in 2014 focus on advancing chemical management reform and continuing efforts to strengthen technical, outreach, and education programs, says Ernie Rosenberg, president and CEO of ACI. The organization will hold its annual meeting and industry convention in Orlando, FL, 27 January–1 February....
http://www.chemweek.com/lab/ACI-Chemical-management-reform-outreach-top-agenda_58082.html
January 21, 2014
Hedge fund Third Point LLC (New York) said this morning that it has taken a stake in Dow Chemical and urged management to evaluate a spinoff of its petrochemical operations....
http://www.chemweek.com/lab/Hedge-fund-Third-Point-calls-for-Dow-to-consider-spin-off-of-petrochemicals_58157.html
January 17, 2014
A chemical spill at Elk River, WV, on 9 January caused state officials to impose severe water-use restrictions to over 300,000 people in nine West Virginia counties....
http://www.chemweek.com/lab/West-Virginia-chemical-leak-leaves-300000-without-water_58072.html
January 17, 2014
Early earnings reports were mixed, as PPG Industries beat estimates on higher volumes in architectural and industrial coatings and H.B. Fuller fell short of expectations as gross margins declined....
http://www.chemweek.com/lab/Early-earnings-mixed-but-expectations-mostly-solid_58068.html
January 17, 2014
Soapers are facing a number of headwinds in 2014, including slower economic growth in emerging markets and cautious consumer spending in the United States. Consumer product companies...
http://www.chemweek.com/lab/Soaps-and-detergents-Consumers-remain-cautious_58079.html
January 16, 2014
Formosa Plastics is planning to invest in a new ethylene plant in Louisiana using shale gas feedstock, according to local reports citing Formosa Plastics’ chairman Lee...
http://www.chemweek.com/lab/Formosa-Plastics-plans-to-build-ethylene-plant-in-Louisiana_57973.html
January 10, 2014
ExxonMobil Chemical says its recently started ethylene plant in Singapore can crack crude oil as feedstock, eliminating the refining steps needed to produce naphtha. ExxonMobil officially opened its expanded Singapore chemical complex on 8 January....
http://www.chemweek.com/lab/ExxonMobil-says-Singapore-ethylene-unit-will-crack-crude_57881.html
January 10, 2014
Berkshire Hathaway has agreed to acquire the pipeline flow-improver chemicals business of Phillips 66, Phillips Specialty Products Inc. (PSPI), for roughly $1 billion....
http://www.chemweek.com/lab/Berkshire-to-acquire-Phillips-pipeline-chemicals-business_57880.html
January 3, 2014
The European Chemicals Agency (ECHA; Helsinki) says it expects, in 2014, to receive about twice the number of applications for authorization to use substances of very high concern...
http://www.chemweek.com/lab/ECHA-expects-applications-to-authorize-SVHCs-will-double-in-2014_57731.html
January 3, 2014
LyondellBasell Industries says it has completed the previously announced restart of the company's methanol plant at Channelview, TX. The plant was placed back into service in the...
http://www.chemweek.com/lab/LyondellBasell-restarts-methanol-plant-in-Texas_57716.html
January 3, 2014
Berkshire Hathaway (Omaha, NE) is acquiring Phillips Specialty Products Inc. (PSPI; Houston), a flow improver business, from Phillips 66 (Houston), Phillips 66 announced. In exchange...
http://www.chemweek.com/lab/Berkshire-Hathaway-to-acquire-specialty-polymers-business-from-Phillips-66_57699.html
January 3, 2014
Harold Simmons, chairman of the board of directors at NL Holdings—which comprises several titanium dioxide (TiO2) manufacturers, including NL Industries (Dallas) and Kronos...
http://www.chemweek.com/lab/NL-Holdings-and-Kronos-chairman-dies_57686.html
December 23, 2013

PPG Industries (Pittsburgh, PA) will soon pass a key milestone in its portfolio transformation as coatings revenues exceed 90% of sales.

...

http://www.chemweek.com/lab/PPG-Industries-Sharper-focus-on-coatings-core_57593.html
December 20, 2013
Solvay has announced an agreement to sell its 70.59% stake in Solvay Indupa (Buenos Aires) to Braskem for $290 million. The deal, which is subject to antitrust approval, will give Braskem a commanding position in South America’s polyvinyl chloride (PVC) market....
http://www.chemweek.com/lab/Braskem-acquires-Solvay-Indupa-for-$290-million_57462.html
December 20, 2013
Axiall has chosen Louisiana as the location of a possible world-scale ethylene plant and associated derivatives plant, the company announced on 19 December. Axiall expects the capital investment to total $3 billion, with Axiall putting up $1 billion, and a “soon-to-be-named” partner contributing $2 billion....
http://www.chemweek.com/lab/Axiall-chooses-Louisiana-for-$3-billion-cracker-and-derivatives-project_57591.html
December 20, 2013
For a third consecutive year, The Capital Group (Los Angeles) tops CW’s ranking of the chemical industry’s top institutional investors, with Fidelity (Boston) and T. Rowe...
http://www.chemweek.com/lab/Institutional-investors-Markets-mix-well-with-chemicals_57558.html
December 13, 2013
Industry and lawmakers are optimistic that the latest push to update and reform TSCA will remain viable throughout committee negotiations and pass a polarized legislature—and ultimately provide welcome relief to the decades-long deadlock over US chemicals management....
http://www.chemweek.com/lab/Chemical-management-Industry-presses-for-TSCA-reform_57373.html
December 13, 2013
German chemical trade association VCI (Frankfurt) says it is “cautiously optimistic” about 2014 prospects, forecasting a 2% chemical production increase in the coming year...
http://www.chemweek.com/lab/VCI-cautiously-optimistic-for-German-chemical-industry-in-2014-expects-production-rise-of-2-percent_57364.html
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