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December 8, 2014
Jurong Aromatics Corp. (JAC; Singapore) plans to shut down its plant at Jurong Island, Singapore, on 22 December for maintenance, industry sources say. The maintenance results from...
http://www.chemweek.com/people_and_business/companies/Jurong-Aromatics-plans-maintenance-shutdown-this-month_65963.html
December 8, 2014
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies...
http://www.chemweek.com/people_and_business/companies/Report-Europe-must-boost-R-and-D-investment-to-remain-competitive_65957.html
December 5, 2014
Eastman announced today that its board of directors has approved a quarterly cash dividend increase of 14%, to 40 cts/share on the company’s common stock—payable 2 January...
http://www.chemweek.com/people_and_business/companies/Eastman-announces-dividend-increase_65929.html
December 5, 2014
The board of directors at Ecolab has declared a 20% increase in the company’s quarterly cash dividend, to 33 cts/share, to be paid on 15 January to all shareholders on record at...
http://www.chemweek.com/people_and_business/companies/Ecolab-increases-dividend-20-percent_65928.html
December 4, 2014
The American Chemical Society (Washington) has named Thomas Connelly, executive v.p. and chief innovation officer at DuPont, its next executive director and CEO, effective 17 February...
http://www.chemweek.com/people_and_business/companies/ACS-names-DuPonts-Connelly-as-next-CEO_65863.html
December 3, 2014
CF Industries announced today that it has restarted operations at its Woodward, OK nitrogen complex. Since 29 October, the complex had been down to "address an issue in one of the...
http://www.chemweek.com/people_and_business/companies/CF-Industries-resumes-production-at-Woodward-nitrogen-complex_65825.html
December 3, 2014
Lubrizol is increasing capacity, and investing in infrastructure and efficiency improvements, at its Deer Park, TX additives blending plant to meet specification upgrades for the...
http://www.chemweek.com/people_and_business/companies/Lubrizol-to-upgrade-engine-oil-blending-facility-in-Texas_65826.html
December 3, 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
December 3, 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-it-is-readying-partial-restart-at-Solikamsk-2-mine_65648.html
December 3, 2014
Linde announced today that it has installed a gasifier vessel on its new gasification train at its La Porte, TX, facility. The plant is part of a $250-million investment that includes...
http://www.chemweek.com/people_and_business/companies/Linde-constructs-gasifier-at-La-Porte-gasification-train_65806.html
December 3, 2014
Activist hedge fund Barrington Capital (New York) today released a letter calling on Omnova Solutions to sell its $245-million engineered surfaces business and criticizing the...
http://www.chemweek.com/people_and_business/companies/Activist-hedge-fund-urges-Omnova-to-sell-engineered-surfaces_65811.html
December 3, 2014
Braskem has decided to settle fully 1 billion reais ($390 million) owed in taxes to the Brazilian treasury, the company announced. Braskem will pay 30% of the amount due in cash and...
http://www.chemweek.com/people_and_business/companies/Braskem-pays-R$1-billion-tax-debt_65799.html
December 3, 2014
Chemtura announced the preliminary results of the company's modified Dutch auction tender offer, which expired at the end of the day on 1 December. The offer—a total of about...
http://www.chemweek.com/people_and_business/companies/Chemtura-to-acquire-$302-million-in-Dutch-auction-shares_65779.html
December 2, 2014
Capital Southwest (Dallas), an investment holding company, today announced plans to split into two publicly-traded entities – one in specialty chemicals and industrial products, and one in finance....
http://www.chemweek.com/people_and_business/companies/Investment-firm-Capital-Southwest-to-spin-off-specialty-chemical-assets_65781.html
December 2, 2014
The government of the US Virgin Islands will "respond to whatever next action Hovensa takes in a way that is in the best interests of [the] community," if an operating...
http://www.chemweek.com/people_and_business/companies/US-Virgin-Islands-government-to-take-action-if-Hovensa-cuts-islands-fuel-supply_65780.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/people_and_business/companies/Huntsman-to-cut-900-jobs-in-TiO2-and-addtives-segment_65744.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...
http://www.chemweek.com/people_and_business/companies/Lubrizol-to-acquire-Weatherfords-oilfield-chemicals-business-for-$825-million_65746.html
December 1, 2014
PolyOne says that it has acquired the specialty assets of Accella Performance Materials (Maryland Heights, MO), a manufacturer of liquid polymer formulations. Accella will retain its...
http://www.chemweek.com/people_and_business/companies/PolyOne-acquires-specialty-business-of-Accella_65745.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/people_and_business/companies/BASF-to-invest-up-to-$625-million-in-new-superabsorbent-polymer-technology_65694.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...
http://www.chemweek.com/people_and_business/companies/EPA-proposes-stricter-ozone-standards_65696.html
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