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December 19, 2014
Germany’s constitutional court (BVG; Karlsruhe) has declared in a ruling that the exemption rules in the inheritance tax code are in part unconstitutional, and has given lawmakers a...
December 19, 2014
Shareholders of GlaxoSmithKline (GSK) on Thursday approved by an overwhelming majoring a planned deal with Novartis, which sets the two pharma groups to trade more than $20.0 billion...
December 19, 2014
PPG Industries says it has entered into exclusive negotiations to acquire Revocoat (Just en Chaussee, France), a maker of sealants, adhesives and dampers for the automotive sector...
December 19, 2014
Sabic, the Mideast’s largest chemicals player and one of the global leading producers, has appointed Yousef Al Benyan as its new CFO, CW has learned. Sources tell CW that Al Benyan...
December 19, 2014
Company Today Yesterday Air Products (APD) 146.82 143.87 Airgas (ARG) 114.98 114.17 Albemarle (ALB) 58.25 58.41 Ashland (ASH) 115.58 115.07 Axiall Corp. (AXLL) 39.78 38.40 Cabot (CBT)...
December 19, 2014
Clariant says that it has signed an agreement to divest its water treatment business operating in Argentina, Brazil, and Colombia to Ecolab. Financial details of the deal have not been...
December 19, 2014
Ineos Technologies has licensed its Innovene polypropylene (PP) process for the manufacture of PP homopolymers, random and impact copolymers to the Full-Tech (Changzhou) Chemistry...
December 19, 2014
DuPont today filed with the US Securities and Exchange Commission (SEC; Washington) to launch a spinoff of its mostly-commodity performance chemicals business, over a year after the...
December 18, 2014
LyondellBasell has appointed executive v.p. Bhavesh Patel as its next CEO, effective 12 January 2015. Patel succeeds James Gallogly, who announced plans to retire in September. “We...
December 18, 2014
BASF and Shell have reached agreement for BASF to sell its 50% share in their propylene oxide-styrene monomer (POSM) joint venture, Ellba Eastern (Singapore) to Shell, making it a...
December 18, 2014
The US Department of Justice (DOJ) announced yesterday that Freedom Industries (Charleston, WV) and six former Freedom officials have been charged with various federal crimes related...
December 18, 2014
Chevron Phillips Chemical (CPChem) plans to build a polyethylene (PE) pilot plant at its research and development facility in Bartlesville, OK. CPChem expects to begin construction in...
December 18, 2014
ExxonMobil Chemical France, an ExxonMobil subsidiary, has confirmed that it plans to close the regular butyl rubber unit at the company's Notre Dame de Gravenchon, France complex. The...
December 18, 2014
OxyChem (Dallas, TX) and Mexichem (Tlalnepantla, Mexico) say that their 50-50 jv, Ingleside Ethylene, began construction of its 540,000 m.t./yr ethane cracker at OxyChem’s Ingleside...
December 18, 2014
Company Today Yesterday Air Products (APD) 143.87 139.36 Airgas (ARG) 114.17 111.38 Albemarle (ALB) 58.41 56.47 Ashland (ASH) 115.07 114.62 Axiall Corp. (AXLL) 38.40 38.24 Cabot (CBT)...
December 18, 2014
Dow Corning will abandon its never-operated Hemlock Semiconductor polysilicon facility in Clarksville, TN. The $1 billion-plus project was completed last year but never produced...
December 17, 2014
Company Today Yesterday Air Products (APD) 139.36 139.42 Airgas (ARG) 111.38 111.22 Albemarle (ALB) 56.47 55.93 Ashland (ASH) 114.62 116.27 Axiall Corp. (AXLL) 38.24 38.48 Cabot (CBT)...
December 17, 2014
Mining company NMDC (Hyderabad, India) has signed a memorandum of understanding (MOU) with Acron (Velikiy Novgorod, Russia) to take a stake in a potash project in Russia. The deal was...
December 17, 2014
Shell Chemicals is making progress on several projects worldwide, says Graham van’t Hoff, executive v.p. Speaking to CW on the sidelines of the Gulf Petrochemicals and Chemicals...
December 17, 2014
Adama Agricultural Solutions (Airport City, Israel), formerly Makhteshim Agan, says it will invest an additional $50 million in India over the next 3-4 years in its distribution...
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