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June 30, 2014
PPG Industries has reached a definitive agreement to acquire Consorcio Comex (Mexico City), a leading Mexican producer of architectural and industrial coatings, for $2.3 billion. The...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-Industries-to-acquire-Mexicos-Comex-for-$2-3-billion_62154.html
June 27, 2014
AkzoNobel's performance coatings business is benefiting from an improved business climate in 2014, says Conrad Keijzer, AkzoNobel executive committee member responsible for performance...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/AkzoNobels-performance-coatings-business-taps-stronger-market-targets-higher-returns_62138.html
June 27, 2014
FMC announced today it is cutting its second-quarter and full-year earnings guidances, to 95 cts–$1.05/share and $4.10–4.30/share, respectively. The decreases are about...
http://www.chemweek.com/markets/specialty_chemicals/biocides/FMC-cuts-earnings-guidance-as-ag-weakness-continues_61972.html
June 27, 2014
Saudi Kayan, a Sabic affiliate, has begun trial runs at its natural detergent alcohols plant at Al Jubail. Full commercial production is expected to be achieved in the next six months...
http://www.chemweek.com/markets/specialty_chemicals/soap_and_detergents/Saudi-Kayan-starts-up-detergent-alcohols-plant_62126.html
June 26, 2014
H.B. Fuller has announced fiscal second-quarter net income of $20.5 million, or 40 cts/share, down 20.8% year-on-year (YOY), on sales up 4.8%, to $544 million. Adjusted earnings...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/H-B-Fuller-net-income-falls-despite-sales-increase_62051.html
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/markets/specialty_chemicals/lubricants/Afton-Chemical-breaks-ground-on-Singapore-project_62049.html
June 26, 2014
Specialty chemicals distributor Barentz International (Hoofddorp, Netherlands) says it has acquired Maustepalvelu (Hämeenlinna, Finland). Maustepalvelu, otherwise known as MP...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Distributor-Barentz-acquires-customized-blending-firm-in-Finland_62047.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/markets/specialty_chemicals/catalysts/Haldor-Topsøe-to-build-automotive-catalysts-plant-in-Brazil_62045.html
June 25, 2014
Altana (Wesel, Germany) has agreed with Landa (Rehovot, Israel) to invest €100 million ($136 million) for a minority stake in Landa's digital printing subsidiary. The size of the...
http://www.chemweek.com/markets/specialty_chemicals/printinginks/Altana-invests-in-Israel-based-digital-printing-business_62015.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/markets/specialty_chemicals/electronic_chemicals/Showa-Denko-reinforces-supply-of-high-purity-gases-to-semiconductor-industry-in-Asia_62010.html
June 24, 2014
Japan’s Toppan Printing (Tokyo) has announced plans to build a new transparent barrier films production facility in the US state of Georgia. The plant, which will be...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Toppan-Printing-to-build-barrier-films-plant-in-US_62006.html
June 24, 2014
The European Chemicals Agency (ECHA; Helsinki) has invited interested parties to comment on a hazard class open for public consultation for linalool. The dossier...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/ECHA-requests-comments-on-CLH-for-linalool_61994.html
June 20, 2014
International Flavors & Fragrances (IFF) it has opened a photovoltaic (PV) installation at its Hazlet, NJ, facility. The company says that the installation supports its commitment...
http://www.chemweek.com/markets/specialty_chemicals/flavors_and_fragrances/IFF-opens-PV-installation-at-NJ-site_61947.html
June 19, 2014
BASF says that it opposes the authorization for prolonged use of hexabromocyclododecane (HBCD) under the European Union's Registration, Evaluation, Authorisation, and Restriction of...
http://www.chemweek.com/markets/specialty_chemicals/plastic_additives/BASF-opposes-authorizing-HBCD-under-Reach_61927.html
June 18, 2014
The European Chemicals Agency (ECHA; Helsinki) says that its committee for risk assessment (RAC) has adopted an opinion on a Swedish restriction proposal on nonylphenol and nonylphenol...
http://www.chemweek.com/markets/specialty_chemicals/textile_chemicals/ECHA-committees-restrict-nonylphenol-and-nonylphenol-ethoxylates-in-textiles_61904.html
June 18, 2014
Chemtura yesterday announced price increases for a variety of polymerization cocatalysts, which are used in polymerization processes. The increases, up to 30%, will be implemented on 1...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Chemtura-raises-prices-for-polymerization-cocatalysts_61912.html
June 17, 2014
Axalta, the former automotive coatings business of DuPont, has named Luke Lu v.p. and president/China, a newly created post. Lu will report to Axalta chairman and CEO Charlie Shaver...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Axalta-names-China-president_61869.html
June 17, 2014
PPG says it will spend $40 million to expand a coating resins facility near São Paulo. The expansion will add 65,000 sq ft to the facility, which makes resins for electrocoat...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-expands-coatings-plant-in-Brazil_61867.html
June 13, 2014
China's mining authorities have increased the production quota of rare earth metals for 2014 to 105,000 m.t., about 12% higher than 2013's quota, reports say. The prior quota of 93,800...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Report-China-raises-rare-earth-production-quotas_61818.html
June 13, 2014
PPG Industries has completed the previously announced acquisition of nearly all of the assets of Canal Supplies Inc. (CSI; Panama City), a privately owned distributor of protective and...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-completes-acquisition-of-marine-coatings-distributor-in-Panama_61797.html
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