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December 10, 2014
Air Products announced that it has sold a hydrogen fueling station to Hyundai Motor Company Australia (HMCA). The station will be used to fuel a Hyundai ix35 hydrogen-powered...
http://www.chemweek.com/people_and_business/companies/Air-Products-builds-hydrogen-fueling-station-in-Australia_66062.html
December 10, 2014
KMG Chemicals today reported fiscal 2015 first-quarter net income down 12% year-on-year (YOY), to $1.19 million, on sales down 3%, to $90.8 million. Adjusted net income rose 14%, to...
http://www.chemweek.com/people_and_business/companies/KMG-Chemicals-earnings-decline-on-lower-sales_66067.html
December 10, 2014
DuPont has reached agreement to sell its Neoprene polychloroprene business to Denka Performance Elastomer, a new joint venture company owned 70% by Denki Kagaku Kogyo (Denka; Tokyo) and 30% by Mitsui & Co. Neoprene, the first commercially successful elastomer, was invented by DuPont in 1931....
http://www.chemweek.com/people_and_business/companies/DuPont-to-sell-Neoprene-elastomer-business-to-Denka-Mitsui-JV_66032.html
December 10, 2014
Global Bioenergies has produced bio-sourced propylene via fermentation. The company says it has created a proprietary prototype strain that is able to convert glucose into...
http://www.chemweek.com/people_and_business/companies/Global-Bioenergies-succeeds-in-making-bio-sourced-propylene_65981.html
December 10, 2014
Former Solutia chairman and CEO Jeffry Quinn, currently founder and managing member of Quinpario Partners (New York), will be launching a capital management firm – called...
http://www.chemweek.com/people_and_business/companies/Quinn-to-launch-capital-management-firm_66037.html
December 10, 2014
A sinkhole that appeared east of Uralkali's (Berezniki, Russia) Solikamsk-2 potash mine has grown to 50 meters by 80 meters, the company said in an update today. The sinkhole, when...
http://www.chemweek.com/people_and_business/companies/Sinkhole-near-Uralkali-mine-has-grown-efforts-to-minimize-impact-ongoing_66030.html
December 10, 2014
Cefic says that it expects chemical output is to continue growing in 2015, but that expectations about the pace of European and global economic growth have weakened. Chemical...
http://www.chemweek.com/people_and_business/companies/Cefic-cuts-forecast-for-2015-European-chemical-output-to-1-percent_66021.html
December 10, 2014
Stora Enso, a Helsinki-based forestry products company, says it will concentrate its new biomaterials business development in an innovation center in Sweden. The aim of the unit is to...
http://www.chemweek.com/people_and_business/companies/Stora-Enso-to-open-biomaterials-innovation-center-in-Sweden_66023.html
December 9, 2014
Novus International (St. Charles, MO) says it will expand US methionine feed additive capacity by 120,000 m.t./year by 2020....
http://www.chemweek.com/people_and_business/companies/Novus-plans-US-Gulf-Coast-methionine-expansion_66006.html
December 9, 2014
Activist hedge fund Barrington Capital (New York) today continued its campaign against Omnova management by nominating three directors to the company’s board, to stand at...
http://www.chemweek.com/people_and_business/companies/Activist-hedge-fund-nominates-three-Omnova-directors_65996.html
December 8, 2014
Momentive Specialty Chemicals (MSC) announced today that it is rebranding itself Hexion, the company’s old name, effective 15 January 2015. The company was renamed Momentive...
http://www.chemweek.com/people_and_business/companies/Momentive-Specialty-Chemicals-to-change-name-back-to-Hexion_65749.html
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
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