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April 15, 2013
The Chinese government says that a major state-owned rare earth production company has been created at Ganzhou, in Jiangxi Province in southeastern China, for the sustainable...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Major-rare-earth-company-formed-at-Ganzhou-China_51079.html
April 15, 2013
Jana Partners (New York), a hedge fund and activist shareholder, has purchased a 7.4% stake in Ashland and held discussions with company management regarding Ashland’s...
http://www.chemweek.com/markets/specialty_chemicals/lubricants/Activist-shareholder-buys-up-Ashland-stake-prompting-asset-sale-rumors_51181.html
April 15, 2013
Barentz Group (Hoofddorp, Netherlands) has acquired an undisclosed equity stake in NK Chemicals (NKC; Wakefield, UK) with the aim of strengthening the activities of each company in the...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/Barentz-takes-stake-in-lanolin-distributor-NK-Chemicals_51172.html
April 15, 2013
Dynea (Helsinki) has formed a new company, Dynea North (Lillestrøm, Norway), focusing on the speciality wood adhesives market in Europe, the company said today. The new firm is...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Dynea-forms-dedicated-wood-adhesives-company_51170.html
April 12, 2013
Solvay says it will build a specialty surfactant plant at an industrial park at Genthin, close to Berlin. The facility will develop and produce surfactant solutions for Solvay’s...
http://www.chemweek.com/markets/specialty_chemicals/surfactants/Solvay-to-build-surfactants-plant-in-Germany_51147.html
April 11, 2013
PPG has acquired Deft (Irvine, CA), a maker of aerospace coatings, including structural primers and military topcoats, the company says. Financial details of the deal, including...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/PPG-acquires-aerospace-coatings-maker_51076.html
April 10, 2013
Albemarle announced today that it is increasing global prices of its fluid catalytic cracking (FCC) catalysts by about $350/m.t., effective immediately. The company says the increase...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Albemarle-Grace-raise-FCC-catalyst-prices_51063.html
April 10, 2013
W.R. Grace cut its earnings outlook for 2013 and reported preliminary earnings below analysts’ estimates, as destocking and operational issues amid catalyst customers and...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Grace-cuts-2013-outlook-warns-on-weak-catalyst-results_51047.html
April 9, 2013
A. Schulman today reported fiscal second-quarter net income up 29.7% year-on-year (YOY), to $11.8 million, on sales up 5.3%, to $522.4 million. A tax allowance and an acquisition drove...
http://www.chemweek.com/markets/specialty_chemicals/catalysts/Schulman-falls-short-of-estimates-on-Europe-weakness_51005.html
April 8, 2013
DSM has completed the acquisition of animal nutrition firm Tortuga Companhia Zootécnica Agrária (São Paulo), the company announced today. The 1.16-billion reais...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/DSM-completes-acquisition-of-Brazilian-animal-nutrition-firm_50983.html
April 5, 2013
Torsten Derr, global head of material protection products business unit at Lanxess; and Shae Toh Hock, senior v.p./corporate planning and development at Nipsea, sign the deal...
http://www.chemweek.com/markets/specialty_chemicals/biocides/Lanxess-acquires-Singapore-based-biocides-company-PCTS_50963.html
April 4, 2013
Hindustan Unilever Ltd. (HUL; Mumbai), a subsidiary of Unilever, has become sole owner of Aquagel Chemicals (Bhavnagar, India) by buying the shares it did not own in the company...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Reports-Hindustan-Unilever-acquires-remaining-shares-in-Aquagel-Chemicals_50951.html
April 4, 2013
RPM’s fiscal third-quarter net income rose 30.8% year-on-year (YOY), to $8.7 million, on sales up 9.1%, to $843.7 million. Earnings totaled 7 cts/share, beating analysts’...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/RPM-earnings-rise-segment-results-hit-by-contract-investigation_50949.html
April 4, 2013
Nexeo Solutions (The Woodlands, TX) is expanding its distribution agreement for personal care chemicals with Dow Chemical in the United States, Nexeo announced today. "We are...
http://www.chemweek.com/markets/specialty_chemicals/personal_care/Nexeo-and-Dow-expand-US-personal-care-distribution-agreement_50940.html
April 4, 2013
Momentive Performance Materials says it will add application development, research and development (R&D), testing, and manufacturing operations to its Seoul electronics technology...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Momentive-to-expand-tech-center-in-Korea_50935.html
April 3, 2013
FMC has acquired pectin intellectual property, including product and formulation knowledge and customer data, from Vigido, a subsidiary of Unipektin Ingredients (Eschenz, Switzerland)...
http://www.chemweek.com/markets/specialty_chemicals/food_additives/FMC-acquires-pectin-intellectual-property_50925.html
April 3, 2013
Cytec has closed the $1.15-billion sale of its coating resins business to private equity Advent International (New York). The deal, which was announced in October, completed a...
http://www.chemweek.com/markets/specialty_chemicals/paints_and_coatings/Cytec-closes-coating-resins-sale_50923.html
April 3, 2013
Sasol Olefins & Surfactants (Sasol O&S; Hamburg), a subsidiary of Sasol, has sold its entire share of Sasol Gulf (Dubai) to Anichem (Dubai), Sasol announced today. The...
http://www.chemweek.com/markets/specialty_chemicals/soap_and_detergents/Sasol-Olefins-and-Surfactants-sells-Dubai-unit-to-Anichem_50917.html
April 3, 2013
Arkema has acquired a majority stake in AEC Polymers (Bordeaux, France), a manufacturer of structural adhesives, Arkema announced today. The acquisition is in line with Arkema’s...
http://www.chemweek.com/markets/specialty_chemicals/adhesives_and_sealants/Arkema-buys-majority-in-French-structural-adhesives-manufacturer_50916.html
April 2, 2013
Nanosys, a Palo Alto, CA-based company developing quantum-dot-enabled technologies for the display and energy storage markets, says it has expanded into a new, high-capacity production...
http://www.chemweek.com/markets/specialty_chemicals/electronic_chemicals/Nanosys-expands-quantum-dot-facility_50909.html
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