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September 22, 2015
Lanxess, the world’s largest producer of synthetic rubber; and Saudi Aramco on Tuesday signed an agreement to establish a synthetic rubber joint venture. The announcement follows...
http://www.chemweek.com/people_and_business/companies/Lanxess-and-Saudi-Aramco-join-forces-in-synthetic-rubber-venture_73819.html
September 21, 2015
Flavors and fragrances company Symrise (Holzminden, Germany) says that it is acquiring Pinova Holdings (Brunswick, GA) for $397 million. The acquisition includes the operational...
http://www.chemweek.com/people_and_business/companies/Symrise-acquires-Pinova-Holdings_73796.html
September 21, 2015
CP Kelco has named L.V. Lomas as its exclusive distributor for all its products sold into food, consumer and industrial applications in the United States, effective 1 January 2016...
http://www.chemweek.com/people_and_business/companies/CP-Kelco-partners-with-L-V-Lomas-for-distribution_73795.html
September 21, 2015
Bayer, following the economic and legal separation of Covestro, formerly Bayer MaterialScience, is realigning its structure as a life science company. Bayer’s supervisory board...
http://www.chemweek.com/people_and_business/companies/Bayer-restructures-Appoints-new-board-members-holding-structure-to-disappear_73783.html
September 18, 2015
MPM Holdings has named John D. Moran as senior v.p., general counsel and secretary of the company, and its indirect subsidiary Momentive Performance Materials, effective 21 September...
http://www.chemweek.com/people_and_business/companies/MPM-names-new-senior-executive_73768.html
September 18, 2015
Avery Dennison has expanded its Kunshan, China performance tapes manufacturing facility with a new coater to meet increased demand for industrial tapes and adhesives in the country...
http://www.chemweek.com/people_and_business/companies/Avery-Dennison-to-expand-China-plant-add-new-coater_73754.html
September 17, 2015
Trinseo (Berwyn, PA) says it will close its styrene butadiene latex plant in Gales Ferry, CT, at the end of 2015 as part of a program to reduce costs in the business by a $5-million run rate in 2016. The plant will be decommissioned and demolished next year....
http://www.chemweek.com/people_and_business/companies/Trinseo-to-close-Connecticut-SB-latex-plant_73746.html
September 17, 2015
Biopolymers firm Metabolix (Cambridge, MA) announced today that it is spinning out its crop science activities into a new company, Yield10 Bioscience. Yield10 is developing proprietary...
http://www.chemweek.com/people_and_business/companies/Metabolix-launches-crop-science-business_73742.html
September 17, 2015
The United Steelworkers (USW; Pittsburgh) says that BP’s plan to lay off up to 26 hourly workers at its Texas City, TX, facility is a negotiating tactic aimed at reducing severance costs and pushing consolidated operation of the PX-2 and -3 para-xylene units once the PX-1 unit is permanently shut down. The layoffs would not meet conditions set by the National Oil Bargaining pattern agreement, USW says....
http://www.chemweek.com/people_and_business/companies/USW-files-grievances-in-BP-Texas-City-layoffs_73744.html
September 21, 2015
Kemira at today’s capital markets day (CMD) at its R&D center at Espoo, Finland, will confirm its mid-term financial targets. The company's updated vision, "The first...
http://www.chemweek.com/people_and_business/companies/Kemira-confirms-financial-targets-at-capital-markets-day_73731.html
September 18, 2015
Sabic’s 195,000-m.t./year cyclohexane unit at Wilton, UK, will close at the start of 2017 because a change in the feedslate of the accompanying steam cracker will end benzene...
http://www.chemweek.com/people_and_business/companies/Sabic-confirms-cyclohexane-benzene-closures-in-UK_73716.html
September 16, 2015
CP Kelco will expand its biogums manufacturing facility and production capabilities due to increased demand for specialty biogums products. CP Kelco says it will expand its capacity...
http://www.chemweek.com/people_and_business/companies/CP-Kelco-expands-biogum-capabilities_73728.html
September 15, 2015
PPG Industries (Pittsburgh) has completed a $3.8-million expansion at its coatings manufacturing facility in Valladolid, Spain. The company says that the expansion, which will support...
http://www.chemweek.com/people_and_business/companies/PPG-Industries-completes-plant-expansion-in-Spain_73684.html
September 15, 2015
FMC (Philadelphia) will increase prices for lithium products globally, effective 1 October. All products will increase by 15%, while specialty organics products will increase by...
http://www.chemweek.com/people_and_business/companies/FMC-raising-lithium-price_73678.html
September 16, 2015
Albemarle today announced plans to increase its mineral conversion capacity by up to 50,000 m.t./year in an effort to add capacity for battery-grade lithium, including lithium...
http://www.chemweek.com/people_and_business/companies/Albemarle-to-boost-battery-grade-lithium-capacity_73661.html
September 14, 2015
Air Products will increase its product pricing and monthly service charges for its customers in North America, effective 1 October 2015. The company says the price adjustments...
http://www.chemweek.com/people_and_business/companies/Air-Products-to-increase-pricing-to-North-American-customers_73657.html
September 14, 2015
Quinpario Partners (St. Louis), the investment firm headed by former Solutia CEO Jeffry Quinn, has sold 275,000 shares in Ferro, valued at about $3.3 million. The proceeds from the...
http://www.chemweek.com/people_and_business/companies/Quinpario-sells-Ferro-stock_73640.html
September 10, 2015
PPG Industries has declared force majeure for its glass production in the western United States and Canada due to “unanticipated mechanical production issues” at its...
http://www.chemweek.com/people_and_business/companies/PPG-declares-force-majeure-for-glass-in-western-US-and-Canada_73599.html
September 10, 2015
Arsenal Capital’s Accella Performance Materials (St. Louis) today announced the acquisition of Burtin Polymer Labs and Coating and Foam Solutions (Cartersville, GA), a maker of...
http://www.chemweek.com/people_and_business/companies/Arsenals-Accella-makes-another-spray-foams-acquisition_73539.html
September 9, 2015
Shareholders of Alent plc (Woking, UK) have voted to approve a takeover by blank-check firm Platform Specialty Products (West Palm Beach, FL), which was announced in July. The deal...
http://www.chemweek.com/people_and_business/companies/Alent-shareholders-approve-acquisition-by-Platform_73528.html
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