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October 5, 2015
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > Kraton Performance Polymers acquires Arizona Chemical for $1.37 billion. > Ineos acquires...
October 5, 2015
The European Petrochemical Association's (EPCA) 2015 annual meeting is underway this week in Berlin. Meanwhile, earnings season kicks off as Monsanto reports quarterly results on...
October 5, 2015
Company Today Friday Air Products (APD) 132.51 129.25 Airgas (ARG) 91.39 87.81 Albemarle (ALB) 47.51 45.79 Ashland (ASH) 103.91 102.11 Axalta (AXTA) 27.00 25.70 Axiall Corp. (AXLL)...
October 5, 2015
Sadara Chemical, a joint venture between Saudi Aramco and Dow Chemical, has announced that it amended its articles of association on 5 October to reflect an increase in its capital, as...
October 5, 2015
Novozymes (Bagsværd, Denmark) has acquired Pacific Vet Group-USA (PVG; Fayetteville, AR) a developer and producer of probiotics. Terms have not been disclosed. Novozymes first entered...
October 5, 2015
Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, on Monday is launching a tender for the engineering, material supply, and construction work for three new...
October 5, 2015
Dow says shareholders tendered over 160 million shares of its common stock for an exchange offer that will split off the company’s U.S. Gulf Coast chlor-alkali and vinyl, global...
October 5, 2015
PotashCorp on Sunday said that it has withdrawn its proposal to acquire German potash producer K+S. The private proposal of €41/share ($46.09) on 31 May, valuing the offer at $8.8...
October 5, 2015
The advent of shale gas and oil in North America has hugely benefitted the world economy, in terms of energy supply and costs, says IHS vice chairman Daniel Yergin. In a keynote...
October 2, 2015
Shares of Covestro (Leverkusen), formerly Bayer MaterialScience, will be offered on the stock market for €24.00, valuing the company at €4.9 billion. Bayer says it wants to float...
October 2, 2015
The US economy will take a massive hit if Congress does not extend the deadline for implementation of positive train control (PTC), according to a report released Thursday by ACC. A...
October 2, 2015
Henkel, the world’s largest adhesives producer, is cutting 1,200 jobs, 4.4% of the total employed by this division. An internal memo to employees said that the company will...
October 2, 2015
Oxea (Dallas) says detailed engineering continues on a world-scale propanol plant that is to be built at Bay City, TX. The company expects to bring the plant on stream in late 2017...
October 2, 2015
Four workers were injured in by an explosion and fire Friday morning at a SunEdison manufacturing facility in Pasadena, TX, according to news reports. The fire has been extinguished...
October 2, 2015
AkzoNobel has opened a new production line for coil coatings at its Garcia, Mexico facility. The new line doubled capacity. It will serve local coated steel manufacturers, including...
October 2, 2015
DuPont has appointed Jon Kemp as president of its electronics and communications business effective 1 November, succeeding David Miller who has elected to retire after 34 years of...
October 2, 2015
Tessenderlo has purchased some of DuPont Crop Protection’s global Hexazinone solo product and its Hexazinone/Diuron-only mixture product business assets. The sale excludes assets in...
October 2, 2015
Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Escudero Chemicals (Midland), a supplier of production chemicals and services to oilfields in the...
October 2, 2015
Company Today Yesterday Air Products (APD) 129.25 128.79 Airgas (ARG) 87.81 87.91 Albemarle (ALB) 45.79 44.51 Ashland (ASH) 102.11 100.95 Axalta (AXTA) 25.70 25.23 Axiall Corp. (AXLL)...
October 2, 2015
The CW75 index fell 3.6% for the week ended 29 September, lagging the S&P 500, which was down 3.0%, but performing better than the MSCI World Index, which was down 4.2%. Basic chemical shares decreased 5.4%, diversified shares fell 3.0%, and specialty stocks were down 3.0%. Ag shares were down 5.2%...
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