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December 2, 2014
Williams Partners expects its expanded Geismar plant to begin producing ethylene for sale this month, says John Dearborn, senior v.p./NGL and petchem services. The plant, which has...
http://www.chemweek.com/newsletters/cbd/Williams-Geismar-plant-to-produce-ethylene-for-sale-this-month_65785.html
December 2, 2014
Lion Copolymer (Lion; Geismar, LA) has completed the acquisition of Ashland’s elastomers business, which was announced in early October. The business, which is based at Port Neches...
http://www.chemweek.com/newsletters/cbd/Lion-Copolymer-completes-Ashland-elastomers-acquisition_65786.html
December 2, 2014
Solvay said today that it has completed the divestment of its US-based sulfuric acid virgin production and regeneration business, Eco Services, to affiliates of CCMP Capital Advisors...
http://www.chemweek.com/newsletters/cbd/Solvay-completes-divestment-of-US-based-Eco-Services-business_65787.html
December 2, 2014
Automaker Daimler has signed an agreement with AkzoNobel's performance coatings business that makes AkzoNobel one of the approved suppliers of vehicle refinishes to Daimler dealerships...
http://www.chemweek.com/newsletters/cbd/AkzoNobel-Daimler-sign-coatings-supply-agreement_65788.html
December 2, 2014
Toyo Engineering (Narashino, Japan) says that its Korea subsidiary, headquartered in Seoul, has been awarded a contract by Sasol to provide detailed engineering, procurement, module...
http://www.chemweek.com/newsletters/cbd/Toyo-Engineering-awarded-contract-for-Sasols-LLDPE-plant-in-Louisiana_65789.html
December 2, 2014
Private equity firm SK Capital (New York) – a boutique investor with a major focus on chemicals – this morning closed on a $1-billion fund, the firm’s fourth. Fundraising took...
http://www.chemweek.com/newsletters/cbd/SK-Capital-raises-$1-billion-fund_65784.html
December 2, 2014
Bayer today said that it plans to sharpen its focus on innovation in its life science businesses, which include HealthCare and CropScience. “Overall, we expect the R&D-to-sales...
http://www.chemweek.com/newsletters/cbd/Bayer-outlines-R-and-D-plans-applies-for-nearly-500-life-sciences-patents_65783.html
December 1, 2014
A rundown of the industry’s key events from IHS Chemical Week Business Daily: > Samsung to sell subsidiaries to Hanwha Group. > GPCA: Diversification will create new...
http://www.chemweek.com/newsletters/cbd/Week-of-24-30-November-2014_65758.html
December 1, 2014
Lubrizol today agreed to acquire Weatherford’s oilfield chemicals business and its drilling fluids business for $825 million, including a $75 million performance-based cash earnout...
http://www.chemweek.com/newsletters/cbd/Lubrizol-to-acquire-Weatherfords-oilfield-chemicals-business-for-$825-million_65750.html
December 1, 2014
Huntsman says it will cut 900 jobs in its titanium dioxide (TiO2) pigments and additives segment as part of a restructuring effort that is expected to generate savings of $130...
http://www.chemweek.com/newsletters/cbd/Huntsman-to-cut-900-jobs-in-TiO2-and-additives-segment_65751.html
December 1, 2014
Maire Tecnimont (Rome) announced today that its subsidiary Tecnimont (Milan) has signed a memorandum of understanding (MOU)—which will be converted into an engineering, procurement...
http://www.chemweek.com/newsletters/cbd/Cronus-Chemicals-selects-Tecnimont-to-build-$1-5-billion-fertilizer-complex_65752.html
December 1, 2014
Hanwha Group (Seoul) on Friday announced a major management reshuffle, naming Kim Chang-bum, currently Hanwha Advanced Materials’ president, as the new CEO of Hanwha Chemical. He...
http://www.chemweek.com/newsletters/cbd/Hanwha-appoints-new-CEO-will-become-Koreas-leading-petchems-player_65753.html
December 1, 2014
Indian press reports say that the Indian soaps and detergents maker Nirma (Ahmedabad) is negotiating to acquire the soda ash assets of FMC in a deal worth up to $1.50 billion. The deal...
http://www.chemweek.com/newsletters/cbd/Nirma-to-acquire-FMCs-soda-ash-business_65754.html
December 1, 2014
Lenzing Group, the Austrian man-made cellulosic fibers producer, today announced a further round of job cutbacks in response to plunging prices in the viscose fibers market. The latest...
http://www.chemweek.com/newsletters/cbd/Lenzing-to-cut-more-jobs-as-viscose-fiber-prices-plunge_65755.html
December 1, 2014
The Chemical Marketing & Economics Group is hosting its Awards for Leadership dinner on Thursday in New York, honoring Andrew Liveris of Dow Chemical with a Lifetime Achievement...
http://www.chemweek.com/newsletters/cbd/Week-Ahead_65756.html
December 1, 2014
Company Today Wednesday Air Products (APD) 144.31 144.52 Airgas (ARG) 114.98 116.53 Albemarle (ALB) 58.51 61.38 Ashland (ASH) 115.93 112.71 Axiall Corp. (AXLL) 43.13 44.32 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_65757.html
November 26, 2014
The EPA said today that it was proposing stricter ozone standards within a range of 65 to 70 parts per billion (ppb), while taking comment on a level as low as 60 ppb. EPA last updated...
http://www.chemweek.com/newsletters/cbd/ACC-releases-statement-on-proposed-EPA-ozone-standards_65702.html
November 26, 2014
BASF has announced that it plans to make a major investment in a “pioneering superabsorbent technology” that enables design of thinner and more comfortable diapers.” The...
http://www.chemweek.com/newsletters/cbd/BASF-to-invest-up-to-$625-million-in-new-superabsorbent-polymer-technology-_65703.html
November 26, 2014
BASF says that it has started to offer Master Builders Solutions brand in Sri Lanka as part of its phased launch process. The portfolio of products and services marketed under the...
http://www.chemweek.com/newsletters/cbd/-launches-Master-Builders-Solutions-in-Sri-Lanka_65704.html
November 26, 2014
Air pollution from Europe's largest industrial facilities cost society at least €59 billion ($73 billion), and possibly as much as €189 billion in 2012, according to an...
http://www.chemweek.com/newsletters/cbd/EEA-Industrial-air-pollution-in-Europe-costs-society-at-least-$73-billion_65705.html
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