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May 23, 2014
The US Department of Commerce (Commerce Department) has announced the preliminary results of its sixth annual administrative review of the antidumping duty order on imports of steam...
http://www.chemweek.com/people_and_business/companies/US-Department-of-Commerce-announces-Chinese-activated-carbon-antidumping-orders_61301.html
May 23, 2014
ExxonMobil, jointly with Gas y Petróleo del Neuquén (Ciudad de Neuquén, Argentina), have discovered oil and gas in an unconventional shale well in Neuquén...
http://www.chemweek.com/people_and_business/companies/ExxonMobil-discovers-oil-and-gas-in-Argentine-shale-well_61299.html
May 23, 2014
Vopak (Rotterdam) has completed upgrading its benzene and pyrolysis gas (pygas) storage capacity in its terminal at Botlek, Netherlands. Total seabound throughput of benzene, toluene...
http://www.chemweek.com/people_and_business/companies/Vopak-upgrades-aromatics-storage-capacity-in-the-Netherlands_61297.html
May 22, 2014
AstraZeneca has rejected Pfizer's latest offer to buy AstraZeneca. Pfizer says its offer, which values AstraZeneca at £69 billion ($116 billion), is "final" and cannot...
http://www.chemweek.com/people_and_business/companies/AstraZeneca-rejects-Pfizers-latest-offer_61131.html
May 22, 2014
Platform Specialty Products, the parent company of surface coatings maker MacDermid, has completed a $300.2-million private placement of common stock. The company issued 15.8 million...
http://www.chemweek.com/people_and_business/companies/Platform-Specialty-completes-private-placement-of-stock_61213.html
May 22, 2014
Air Liquide announced today that it has acquired Scientific and Technical Gases Ltd. (STG; Newcastle-under-Lyme, UK), a global supplier of calibration and specialty gases and...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-acquires-UK-based-specialty-gas-company_61229.html
May 22, 2014
Dow Chemical and Sigma-Aldrich announced today that the two companies have signed a supply agreement, under which Sigma-Aldrich will manufacture zinc finger nuclease (ZFN) reagents for...
http://www.chemweek.com/people_and_business/companies/Dow-Sigma-Aldrich-sign-supply-agreement-for-ZFN-reagents_61250.html
May 22, 2014
ACC today released its US Chemical Production Regional Index (CPRI), showing a 0.6% gain in April—with all seven regions showing increased manufacturing. The CPRI grew 0.2% over...
http://www.chemweek.com/people_and_business/companies/ACC-regional-production-index-up-over-April_61245.html
May 22, 2014
Symrise (Holzminden, Germany) says today it is entering into a strategic partnership with the non-profit organizations Global Nature Fund and the Union for Ethical BioTrade. The...
http://www.chemweek.com/people_and_business/companies/Symrise-enters-into-strategic-partnership-to-preserve-biodiversity_61227.html
May 21, 2014
DuPont CFO Nicholas Fanandakis said during an investor conference today that the company would consider a Reverse Morris Trust (RMT) transaction or outright sale of its performance chemicals business. The company announced last October that it would divest its $7-billion/year performance chemicals segment by mid-2015 through a tax-free spin-off to shareholders as a part of the company’s transformation to a “higher growth, less cyclical company.”  The business includes titanium dioxide, fluoroproducts, and industrial chemicals....
http://www.chemweek.com/people_and_business/companies/DuPont-says-it-would-consider-alternatives-to-spinoff-for-performance-chemicals-unit_61210.html
May 21, 2014
ACC director of regulatory and technical affairs Lorraine Gershman has testified to the US House Subcommittee on Energy and Power in support of the Promoting New Manufacturing Act...
http://www.chemweek.com/people_and_business/companies/ACC-testifies-before-Congress-on-Promoting-New-Manufacturing-Act_61192.html
May 20, 2014
The Society of Chemical Industry (SCI), America Group, announced today that it is awarding the 2014 SCI Perkin Medal to John Warner, president and chief technology officer of the...
http://www.chemweek.com/people_and_business/companies/SCI-awards-Perkin-medal-to-green-chemistry-leader_61170.html
May 20, 2014
Merck KGaA (Darmstadt, Germany) plans to invest €50 million ($68.5 million) at its production site at Bari, Italy to respond to rising demand for biopharmaceuticals, the company...
http://www.chemweek.com/people_and_business/companies/Merck-KGaA-to-expand-biopharma-site-in-Italy_61171.html
May 16, 2014
Comex Mexico has filed suit against Sherwin-Williams (SW) over SW’s termination of the $2.34-billion merger agreement between the two companies, a Reuters report says. The...
http://www.chemweek.com/people_and_business/companies/Comex-Mexico-files-suit-against-Sherwin-Williams-over-deal-termination_61108.html
May 16, 2014
Lenzing (Lenzing, Austria) says that sales in first-quarter 2014 were €451.7 million ($618.8 million), compared with €496.5 million in the corresponding quarter a year ago, a...
http://www.chemweek.com/people_and_business/companies/Lenzing-says-difficult-market-in-first-quarter-sales-fall-9-percent-Ebitda-plunges-30-percent_61102.html
May 16, 2014
Odfjell says it has agreed with affiliates of investment firms Breakwater Capital and Oak Hill Advisors to form a liquefied petroleum gas (LPG) and ethylene shipping joint venture...
http://www.chemweek.com/people_and_business/companies/Odfjell-spins-LPG-ethylene-shipping-business-into-JV-orders-four-vessels_61105.html
May 15, 2014
State-owned chemical producer Oltchim (Râmnicu Vâlcea, Romania) reports losses of €12 million in the first quarter, 35% lower than the losses reported in the first...
http://www.chemweek.com/people_and_business/companies/Oltchims-losses-narrow-on-restructuring_61089.html
May 15, 2014
Suppliers of chemicals to the personal-care and cosmetics industries were mostly upbeat at this year’s Suppliers’ Day show, held earlier this week at Edison, NJ. Most...
http://www.chemweek.com/people_and_business/companies/Suppliers-Day-2014-Mood-mostly-upbeat-for-personal-care-industry_61087.html
May 15, 2014
Evonik Industries says it has set new long-term environmental targets, details of which are published in the company’s Sustainability Report 2013. Evonik plans to reduce its...
http://www.chemweek.com/people_and_business/companies/Evonik-publishes-sustainability-report-sets-environmental-targets-for-2020_61086.html
May 15, 2014
Symrise (Holzminden, Germany) says it has increased its capital from authorized capital by about €400 million ($548 million) by placing 11,150,000 new shares with institutional...
http://www.chemweek.com/people_and_business/companies/Symrise-generates-$548-million-from-capital-increase_61077.html
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