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January 21, 2015
Stepan says that it has sold its specialty polyurethane systems business to J6 Polymers. The 2014 net sales associated with this business were $2.8 million. The sale was for cash and...
http://www.chemweek.com/newsletters/cbd/Stepan-sells-its-specialty-polyurethane-systems-business_67055.html
January 21, 2015
Renewable chemicals firm Green Biologics (GBL) (Gahanna, OH) says it has closed an internal follow-on equity round of $42 million and raised an additional $34 million in debt...
http://www.chemweek.com/newsletters/cbd/Green-Biologics-raises-$76-million_67056.html
January 21, 2015
Company Today Yesterday Air Products (APD) 142.64 140.19 Airgas (ARG) 111.93 111.68 Albemarle (ALB) 57.89 57.83 Ashland (ASH) 117.48 119.56 Axiall Corp. (AXLL) 43.09 42.37 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_67057.html
January 21, 2015
Qatar Petroleum (QP; Doha) has announced that it is carrying out studies for a petrochemical project in Qatar with partners other than Shell. QP’s announcement follows Shell’s...
http://www.chemweek.com/newsletters/cbd/Qatar-may-replace-Shell-in-planned-petrochemicals-complex_67058.html
January 21, 2015
National Fertilizers Ltd. (NFL), Engineers India, and Fertilizer Corp. of India have signed an agreement to form a joint venture to construct a fertilizer complex. The jv, Ramagundam...
http://www.chemweek.com/newsletters/cbd/Indian-firms-form-joint-venture-to-build-fertilizer-complex_67059.html
January 21, 2015
Badger Licensing has licensed its bisphenol-A (BPA) technology to Lihuayi Weiyuan Chemical Co. The process will be used in a 120,000-m.t./year grassroots BPA plant being built at...
http://www.chemweek.com/newsletters/cbd/Badger-licenses-BPA-technology-to-China_67060.html
January 21, 2015
Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co., has agreed to issue a loan of 40 million Saudi riyals ($10.7 million), to cover a part of its share of the...
http://www.chemweek.com/newsletters/cbd/Sadara-issues-loan-to-hydrogen-peroxide-joint-venture-with-Solvay_67061.html
January 21, 2015
BASF today said that it will raise its global capacity for 1,4-butanediol (BDO) to 670,000 m.t./year from the current 650,000 m.t./year. The expansion includes a 10% capacity hike at...
http://www.chemweek.com/newsletters/cbd/BASF-to-raise-butanediol-capacity-at-Geismar_67050.html
January 21, 2015
Lonza recorded net profits of 237.0 million Swiss francs ($274.9 million) for 2014 compared with profits of SF87.0 million in 2013. Sales for 2014 increased by 1.6%, to SF3.64 billion...
http://www.chemweek.com/newsletters/cbd/Lonza-reports-huge-rise-in-profits_67051.html
January 21, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, on Tuesday reported a fourth-quarter net loss of...
http://www.chemweek.com/newsletters/cbd/Petro-Rabigh-reports-loss_67052.html
January 20, 2015
Novozymes (Bagsvaerd, Denmark) announced a new corporate strategy, Partnering for Impact, today, accompanied by a revised set of long-term financial, environmental, and social targets...
http://www.chemweek.com/newsletters/cbd/Novozymes-updates-financial-targets-announces-new-strategy_67021.html
January 20, 2015
Linde has begun the process for a major overhaul of two air separation units (ASUs) in North America after renewing long-term contracts with tonnage customers. Linde says it has...
http://www.chemweek.com/newsletters/cbd/Linde-to-upgrade-two-ASUs_67022.html
January 20, 2015
Company Today Yesterday Air Products (APD) 140.19 139.71 Airgas (ARG) 111.68 110.48 Albemarle (ALB) 57.83 58.52 Ashland (ASH) 119.56 120.44 Axiall Corp. (AXLL) 42.37 42.65 Cabot (CBT)...
http://www.chemweek.com/newsletters/cbd/Chemical-stock-update_67023.html
January 20, 2015
Albemarle today announced a corporate realignment in the wake of its $6.2-billion acquisition of Rockwood Holdings, which closed last week. The company will establish three global...
http://www.chemweek.com/newsletters/cbd/Albemarle-to-realign-corporate-structure-after-Rockwood-deal_67017.html
January 20, 2015
Mosaic said on Monday that it expects reported phosphates volume and phosphates and potash margins will exceed previously provided guidance ranges and that potash volumes will be at...
http://www.chemweek.com/newsletters/cbd/Mosaic-raises-2014-guidance_67018.html
January 20, 2015
LyondellBasell says three senior executives—Timothy D. Roberts, Patrick D. Quarles and Kevin W. Brown—have assumed expanded roles within the company. "These individuals are key...
http://www.chemweek.com/newsletters/cbd/LyondellBasell-expands-role-of-three-senior-executives_67019.html
January 20, 2015
Koppers says it has reached separate deals to sell its US utility pole business to Cox Industries (Orangeburg, SC) and acquire KMG Chemical’s cresote distribution business. Revenues...
http://www.chemweek.com/newsletters/cbd/Koppers-sells-utility-pole-business-acquires-KMG-cresote-business_67020.html
January 19, 2015
European chemical output grew by 0.7% year-on-year (YOY) during the first ten months of 2014 and prices fell by 1.6% in the period, Cefic says. Output in October 2014 fell by 1.2%...
http://www.chemweek.com/newsletters/cbd/Cefic-EU-chemical-output-up-0-7-percent-for-first-10-months-of-2014_66974.html
January 19, 2015
UAC Global (Bangkok) plans to establish a subsidiary to take over the assets of Advance Polymers & Chemicals (APC; Bangkok) for about 730.0 million baht ($22.4 million), the...
http://www.chemweek.com/newsletters/cbd/UAC-Global-plans-to-acquire-Advance-Polymers-assets_66975.html
January 19, 2015
Quinpario Acquisition Corp. 2 has priced its initial public offering at $10/share, with the company hoping to raise $350.0 million from the offering. Quinpario is a blank-check firm...
http://www.chemweek.com/newsletters/cbd/Second-Quinpario-firm-prices-IPO_66976.html
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