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May 22, 2013
Novo A/S (Hellerup, Denmark), parent of pharmaceutical firm Novo Nordisk (Bagsvaerd, Denmark), has acquired Xellia Pharmaceuticals (Oslo) from private equity firm 3i (London) for an...
http://www.chemweek.com/people_and_business/companies/Denmarks-Novo-acquires-Xellia-Pharmaceuticals-in-$700-million-deal_52226.html
May 21, 2013
Airgas has named Chuck Broadus division president for the company’s South division, effective 1 July. Broadus succeeds Mike Rhode who is retiring after 15 years of service. The...
http://www.chemweek.com/people_and_business/companies/Airgas-names-South-division-president_52219.html
May 21, 2013
Air Products says it has has successfully begun operating its carbon recovery project at Port Arthur, TX, as a part of a Department of Energy’s (DOE) demonstration project that will capture about 1 million tons of carbon dioxide (CO2) annually....
http://www.chemweek.com/people_and_business/companies/Air-Products-begins-operating-DOE-carbon-capture-project_52135.html
May 21, 2013
International Flavors & Fragrances (IFF) says it will close its fragrance ingredient manufacturing plant at Augusta, GA, by July 2014 as part of the company’s cost-cutting...
http://www.chemweek.com/people_and_business/companies/IFF-to-close-GA-plant_52120.html
May 21, 2013
Chemtura says it has acquired UP Chemical’s (Pyeongtaek, South Korea) 50% stake in their DayStar Materials (Pyeongtaek) joint venture. DayStar was formed in 2011 as a 50-50 jv of...
http://www.chemweek.com/people_and_business/companies/Chemtura-LED-buyout_52119.html
May 21, 2013
Dow AgroSciences says US regulatory authorities have approved a new insecticidal active ingredient, sulfoxaflor, to be marketed in the United States. Sulfoxaflor belongs to a novel...
http://www.chemweek.com/people_and_business/companies/Dow-insecticide-receives-US-regulatory-approval_52117.html
May 21, 2013
Syngenta and DuPont say they have entered into technology licensing agreements that will broaden each company’s crop protection product portfolio and enable both to bring new...
http://www.chemweek.com/people_and_business/companies/Syngenta-DuPont-sign-fungicide-tech-agreement_52116.html
May 21, 2013
Technip says it has been awarded the detailed engineering and procurement services contract for by Nova Chemicals’ previously announced polyethylene (PE) expansion project at...
http://www.chemweek.com/people_and_business/companies/Technip-awarded-Nova-Joffre-PE-expansion_52115.html
May 21, 2013
Bayer CropScience says it will build a world-scale glufosinate-ammonium herbicide production plant near Mobile, AL, to help meet growing demand for glyphosate alternatives. The...
http://www.chemweek.com/people_and_business/companies/Bayer-CropScience-plans-Mobile-AL-herbicide-plant_52114.html
May 21, 2013
Mitsui & Co. has reached an agreement to take a 50% stake in Celanese’s planned methanol project at Celanese’s Clear Lake, TX, site. Celanese announced the project last...
http://www.chemweek.com/people_and_business/companies/Mitsui-and-Co-to-take-50-percent-stake-in-Celanese-methanol-project-at-Clear-Lake-TX_52112.html
May 21, 2013
Financial results from commodity and diversified firms continue to reflect persistent weakness in the global economy, although expanding ethylene margins have helped many stave off...
http://www.chemweek.com/people_and_business/companies/First-quarter-profits-pressured-despite-strong-ethylene-margins_52111.html
May 21, 2013
Lanxess says its Rhein Chemie (Mannheim, Germany) subsidiary has opened a previously announced new facility for high-performance curing bladders, which are used in the production of...
http://www.chemweek.com/people_and_business/companies/Lanxess-opens-production-facility-for-curing-bladders_52110.html
May 21, 2013
Our cover story this week shows how the traditional resilience of the distribution sector is being tested by the recession in Europe (p. 23)...
http://www.chemweek.com/people_and_business/companies/Distribution-slows_52109.html
May 21, 2013
The US Department of Agriculture (USDA) says it is extending its regulatory review of two genetically modified seeds in order to evaluate the impact of increased use of the associated herbicides, a move that delays the commercial launch of potentially blockbuster product lines for Dow AgroSciences and Monsanto....
http://www.chemweek.com/people_and_business/companies/USDA-orders-additional-review-of-Dow-Monsanto-traits_52108.html
May 21, 2013
Ferro has reached an agreement with FrontFour Capital and Quinpario Partners, agreeing to support two out of three of the shareholder group’s board nominees. The deal comes after...
http://www.chemweek.com/people_and_business/companies/Ferro-shareholder-group-reach-agreement-on-board-nominees_52107.html
May 21, 2013
Biobased succinic acid firm BioAmber (Minneapolis) raised $80 million in an initial public offering—capital it will use toward construction of its first production asset set to...
http://www.chemweek.com/people_and_business/companies/BioAmber-raises-$80-million-in-initial-public-offering_52106.html
May 21, 2013
Dynea (Helsinki) has formed a company, Dynea North (Lillestrøm, Norway), focused on the specialty wood adhesives market in Europe. The new firm includes Dynea assets in Norway...
http://www.chemweek.com/people_and_business/companies/Dynea-forms-new-unit_52105.html
May 21, 2013
Specialty hydrocarbons producer Haltermann Holding (Hamburg) has completed the acquisition of Petrochem Carless (Leatherhead, UK), a refiner and producer of hydrocarbon chemicals...
http://www.chemweek.com/people_and_business/companies/Haltermann-deal-closes_52104.html
May 21, 2013
Air Products has signed an agreement with Gazprom (Moscow) that confirms Air Products’ plans to purchase Gazprom-supplied helium. Gazprom says it is developing natural gas...
http://www.chemweek.com/people_and_business/companies/Air-Products-helium-deal_52102.html
May 21, 2013
India is cutting subsidies on phosphate and potash fertilizers in the fiscal year that began on 1 April in an effort to reduce its fiscal deficit. The Indian government announced...
http://www.chemweek.com/people_and_business/companies/India-cuts-phosphate-and-potash-subsidies_52101.html
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