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November 25, 2014
Air Liquide says it has signed a purchase agreement with Kodiak Carbonic, a Pacific Ethanol subsidiary and producer of beverage-grade liquid carbon dioxide (CO2). Under the agreement...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-signs-carbon-dioxide-sourcing-agreement-with-Oregon-producer_65682.html
November 25, 2014
Valspar today reported fiscal fourth-quarter net income up 70% year-on-year (YOY), to $108.1 million, on sales up 11%, to $1.23 billion. Adjusted earnings totaled $117 million, or...
http://www.chemweek.com/people_and_business/companies/Valspar-earnings-easily-beat-estimates_65683.html
November 25, 2014
AkzoNobel has joined forces with SuikerUnie (Dinteloord the Netherlands), Rabobank (Utrecht, the Netherlands), Deloitte, Investment and Development Agency for the Northern Netherlands...
http://www.chemweek.com/people_and_business/companies/AkzoNobel-sponsors-study-to-assess-viability-of-producing-chemicals-from-beetroot-sugars_65677.html
November 24, 2014
A Schulman has named Brent Middleton v.p. and general manager/United States and Canada and Gustavo Perez v.p. and general manager/Latin America, the company says. The two will be...
http://www.chemweek.com/people_and_business/companies/Schulman-names-Americas-execs_65659.html
November 24, 2014
There are no discussions currently taking place to fully or partially relaunch production at Uralkali's (Berezniki, Russia) Solikamsk-2 mine, the company says...
http://www.chemweek.com/people_and_business/companies/Uralkali-denies-claims-its-readying-partial-restart-at-Solikamsk-2-mine_65648.html
November 24, 2014
Adama Agricultural Solutions (Airport City, Israel), a major generic crop protection solutions company, has postponed its previously announced initial public offering and ceased...
http://www.chemweek.com/people_and_business/companies/Adama-postpones-IPO-as-a-result-of-lower-grain-prices_65646.html
November 24, 2014
Syngenta says it will eliminate or relocate 1,800 jobs as part of an ongoing restructuring program that is expected to generate savings of $265.0 million in 2015. The reductions will...
http://www.chemweek.com/people_and_business/companies/Syngenta-cuts-to-impact-1800-jobs_65644.html
November 24, 2014
Albemarle says it has closed on $1.025 billion in new, unsecured, bonds, the proceeds of which will mostly go wards financing the acquisition of Rockwood. The bonds consist of a $250...
http://www.chemweek.com/people_and_business/companies/Albemarle-closes-on-Rockwood-acquisition-financing_65661.html
November 21, 2014
Dow Chemical and hedge fund Third Point (New York) have reached an agreement on the composition of Dow’s board, averting a potential proxy fight for at least one year....
http://www.chemweek.com/people_and_business/companies/Dow-Chemical-Third-Point-reach-agreement-on-board-seats_65626.html
November 21, 2014
IFF announced today it is expanding its flavors business in Indonesia and Chile, with new facilities in both countries. In Indonesia, the company is doubling the size of an existing...
http://www.chemweek.com/people_and_business/companies/IFF-expands-flavors-presence-in-Indonesia-and-Chile_65627.html
November 21, 2014
The talent gap has been a widely discussed issue for the chemical manufacturer and distributor community alike, and progress in recruiting and retaining talent was highlighted at the...
http://www.chemweek.com/people_and_business/companies/NACD-2014-Reach-for-talent-highlighted_65589.html
November 21, 2014
NACD announced today at its annual meeting, currently underway in Scottsdale, AZ, that it has named Matthew Brainerd, vice chairman and president of Brainerd Chemical, the new chairman...
http://www.chemweek.com/people_and_business/companies/NACD-2014-New-board-members-chairman-named_65588.html
November 21, 2014
Petkim (Aliaga, Turkey) has completed a $144-million ethylene capacity expansion at its Aliaga site, the company has announced. The facility’s output capacity has increased by...
http://www.chemweek.com/people_and_business/companies/Petkim-completes-ethylene-expansion-at-Turkish-site_65625.html
November 21, 2014
FMC Corp has sought out the services of Bank of American and Goldman Sachs to assist with the sale of its alkali chemicals unit, which could amount to $1.5 billion, according to a...
http://www.chemweek.com/people_and_business/companies/Report-FMC-mandates-Bank-of-America-and-Goldman-Sachs-with-sale-of-alkali-chemicals-unit_65623.html
November 20, 2014
ACC and NACD have renewed a memorandum of understanding (MOU) to better align their respective performance programs, including commitments to share best practices, systems and...
http://www.chemweek.com/people_and_business/companies/NACD-2014-ACC-NACD-agree-to-align-Responsible-Care-and-Responsible-Distribution-programs_65535.html
November 20, 2014
W.R. Grace & Co. (Columbia, MD) has entered into definitive agreements to acquire the remaining 50% stake in Grace Yapı Kimyasalları (Istanbul), the joint venture it formed with...
http://www.chemweek.com/people_and_business/companies/W-R-Grace-buys-out-Turkish-partner-in-construction-products-jv_65568.html
November 19, 2014
Petroleos Mexicanos's (Pemex) board has approved the company's previously announced corporate revamp, Pemex announced. The board will maintain state-controlled Pemex's profitable...
http://www.chemweek.com/people_and_business/companies/Pemex-board-approves-companys-reorganization_65533.html
November 19, 2014
BASF has completed the sale of its 50% share in Styrolution to its partner, Ineos. Relevant merger control approvals have been granted. Styrolution was founded in October 2011 as a...
http://www.chemweek.com/people_and_business/companies/BASF-completes-divestment-of-50-percent-stake-in-Styrolution-to-Ineos_65477.html
November 19, 2014
Distributors are generally optimistic, and see a light at the end of the regulation tunnel as the annual meeting of the National Association of Chemical Distributors (NACD) meeting...
http://www.chemweek.com/people_and_business/companies/NACD-2014-Distributor-supplier-relationships-evolve_65517.html
November 19, 2014
Orica (Melbourne) today announced that it has agreed to sell the company’s chemicals business to funds advised by private equity firm Blackstone (New York) for A$750 million...
http://www.chemweek.com/people_and_business/companies/Orica-to-sell-chemicals-business-to-Blackstone-for-$652-million_65523.html
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