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June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/people_and_business/companies/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
June 10, 2014
PPG has acquired Masterwork (Pittsburgh), a distributor of architectural paints in western Pennsylvania, Ohio, and New York. Masterwork owned and operated 13 stores, which mostly stock...
http://www.chemweek.com/people_and_business/companies/PPG-acquires-paint-stores-in-northeastern-US_61650.html
June 10, 2014
BASF has signed a memorandum of understanding with East China University of Science and Technology (Ecust) to jointly develop a training curriculum that helps to raise sustainability...
http://www.chemweek.com/people_and_business/companies/BASF-and-Chinese-university-sign-MOU-covering-supplier-training-program_61640.html
June 9, 2014
Praxair has started operations at its new 600-m.t./day air separation unit (ASU) at Memphis, TN. The ASU will supply gaseous and liquid oxygen, nitrogen, and argon to customers across...
http://www.chemweek.com/people_and_business/companies/Praxair-starts-Memphis-gases-plant_61625.html
June 9, 2014
3M announced today that it has appointed Nicholas Gangestad senior v.p. and CFO. Gangestad is replacing David Meline, who is leaving to become CFO of another company. Gangestad had...
http://www.chemweek.com/people_and_business/companies/3M-names-new-CFO_61624.html
June 9, 2014
Takasago (Tokyo), specialized in the creation of flavors and fragrances for consumer products, and Amyris (Emeryville, CA) will start commercializing farnesene-derived fragrance...
http://www.chemweek.com/people_and_business/companies/Takasago-Amyris-to-commercialize-farnesene-derived-fragrance-molecules_61623.html
June 9, 2014
GlyEco (Phoenix) has begun servicing its polyester by-products supply agreement with an unspecified, large, multinational polyester fiber producer, the company announced today...
http://www.chemweek.com/people_and_business/companies/GlyEco-servicing-by-products-supply-agreement-with-polyester-fiber-multinational_61622.html
June 9, 2014
BASF can benefit greatly from US shale gas, says Jeremy Redenius, senior analyst with Bernstein Research (London). In a research note following meetings last week with Andreas...
http://www.chemweek.com/people_and_business/companies/Analyst-BASF-to-benefit-from-US-shale-gas_61620.html
June 9, 2014
KMG announced results for its third quarter ended 30 April, including lower electronics chemicals sales with strength in wood-treating chemicals. Net income of $1.2 million was down...
http://www.chemweek.com/people_and_business/companies/KMG-earnings-down-electronic-chemical-sales-up_61604.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/people_and_business/companies/Trinseo-launches-$180-million-IPO_61481.html
June 5, 2014
Invista announced today that it is forming a collaboration with Eucodis Bioscience (Vienna, Austria), a biotechnology company focused in enzyme engineering and industrial enzyme...
http://www.chemweek.com/people_and_business/companies/Invista-to-collaborate-with-Austrian-enzyme-company_61584.html
June 5, 2014
PPG Industries has reached a definitive agreement to acquire the Homax Group (Bellingham, WA), a supplier of decorative wall and ceiling texture repair products. The transaction is...
http://www.chemweek.com/people_and_business/companies/PPG-acquires-wall-and-ceiling-repair-firm-Homax-Group_61585.html
June 5, 2014
Altana today inaugurated its new additives facility at Wallingford, CT, doubling capacity for paints, composites and other additives in its BYK Additives and Instruments division. The...
http://www.chemweek.com/people_and_business/companies/Altana-doubles-US-additives-capacity_61598.html
June 5, 2014
BioAmber (Minneapolis) says it has elected Ellen Richstone and Henry "Pete" Linsert to its board of directors. Both will hold office until the 2017 annual meeting of...
http://www.chemweek.com/people_and_business/companies/BioAmber-makes-appointments-to-board-of-directors_61587.html
June 4, 2014
Laticrete (Bethany, CT) has agreed to buy DuPont’s surface-care business, a maker of protective coatings and surface treatments for the stone and tile market, the companies say...
http://www.chemweek.com/people_and_business/companies/Laticrete-to-buy-DuPonts-surface-care-business_61566.html
June 4, 2014
A. Schulman has agreed to acquire Ferro’s specialty plastics business, a maker of engineered plastic compounds, colorants, and liquid coatings mostly for thermoset plastics, for...
http://www.chemweek.com/people_and_business/companies/Schulman-to-acquire-Ferros-specialty-plastics-business-Ferro-looking-to-sell-polymer-additives_61554.html
June 3, 2014
Evonik says it has named David DelGuercio, previously senior v.p. and general manager/household care, to the post of senior v.p. and general manager/consumer specialties, North...
http://www.chemweek.com/people_and_business/companies/Evonik-names-new-North-American-consumer-specialties-head_61535.html
June 3, 2014
Lubricating oil additives and fluorochemicals maker Tianhe Chemicals (Jinzhou, China) is planning an IPO worth $636-$818 million, according to a Reuters report. The company plans to...
http://www.chemweek.com/people_and_business/companies/Report-Tianhe-Chemicals-planning-IPO-in-Hong-Kong_61534.html
June 3, 2014
Axalta Coatings Systems announced today that it has named Eduardo Nardinelli president and general manager/Brazil. Nardinelli has a background in the automotive sector, and comes to...
http://www.chemweek.com/people_and_business/companies/Axalta-names-Brazil-president_61522.html
June 3, 2014
The Department of Energy (DOE) has released its proposal stating that it will modify its liquefied natural gas (LNG) export review process, according to Dow Chemical. DOE has proposed...
http://www.chemweek.com/people_and_business/companies/Department-of-Energy-to-modify-LNG-export-review-process_61521.html
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