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March 17, 2014
Sensient Technologies today released a letter to shareholders outlining its opposition to hedge fund FrontFour Capital’s (New York) slate of director nominees. Sensient says that...
http://www.chemweek.com/people_and_business/companies/Sensient-releases-letter-opposing-FrontFour-director-nominees_59623.html
March 17, 2014
Linde says that group revenue rose to €16.7 billion ($23.2 billion), or 5.2%, and group operating profit increased by 7.6% to €3.96 billion, in full-year 2013. The company...
http://www.chemweek.com/people_and_business/companies/Linde-increases-sales-and-profit_59619.html
March 17, 2014
CF Industries announced today that it has completed the previously announced sales of its phosphate business to Mosaic for $1.4 billion—approximately $1 billion net of taxes and...
http://www.chemweek.com/people_and_business/companies/CF-Industries-completes-phosphates-sale-to-Mosaic-for-$1-4-billion_59622.html
March 17, 2014
CHS (St. Paul, MN), a US farmer-owned cooperative, is acquiring selected Canadian retail assets from Agrium’s Crop Production Services subsidiary. Under the agreement, CHS will...
http://www.chemweek.com/people_and_business/companies/Farmer-co-op-CHS-acquires-Agrium-crop-production-assets_59620.html
March 14, 2014
Composite materials supplier Gurit (Zurich) says its sales in full-year 2013 fell 19.9%, to 281.1 million Swiss francs ($322 million) and Ebitda plummeted by 51.4%, to SF17.7 million...
http://www.chemweek.com/people_and_business/companies/Gurit-full-year-2013-sales-fall-19-9-percent-Ebitda-plummets-51-4-percent_59596.html
March 14, 2014
Idemitsu Kosan has halted operations at its Tokuyama, Japan refinery-petrochemical site as a result of seismic activity in the area, the company announced today. An earthquake of a...
http://www.chemweek.com/people_and_business/companies/Idemitsu-shutters-Tokuyama-refinery-petchems-complex-after-earthquake_59594.html
March 14, 2014
LyondellBasell Industries has declared force majeure on vinyl acetate monomer (VAM) production at the company's plant at La Porte, TX, company sources have confirmed. The...
http://www.chemweek.com/people_and_business/companies/LyondellBasell-declares-force-majeure-on-VAM-at-La-Porte-plant_59595.html
March 14, 2014
Bills have been introduced in the US House and Senate designed to clear the backlog of US FDA approval for sunscreen ingredients and implement a streamlined process for ingredient...
http://www.chemweek.com/people_and_business/companies/Congress-introduces-bill-to-speed-sunscreen-ingredient-approval_59599.html
March 13, 2014
Eastman Chemical announced today that it has entered a definitive agreement to acquire Commonwealth Laminating & Coating (Martinsville, VA), a manufacturer and distributor of...
http://www.chemweek.com/people_and_business/companies/Eastman-acquires-Virginia-film-manufacturer_59554.html
March 13, 2014
Cytec announced that it has acquired an equity position in C-CON Holdings (Herrenkreuth, Germany), an engineering, design, and process development company. The companies also signed a...
http://www.chemweek.com/people_and_business/companies/Cytec-acquires-German-engineering-company-C-CON_59529.html
March 12, 2014
Praxair has strengthened its position in Italy through the acquisition of Messer Italia’s (Settimo Torinese) liquid carbon dioxide, oxygen, nitrogen and argon, and packaged gases...
http://www.chemweek.com/people_and_business/companies/Praxair-acquires-Messer-assets-in-Italy-divests-operations-in-France-to-Messer_59506.html
March 12, 2014
BioNitrogen Holdings (West Plam Beach, FL), a company that creates urea fertilizer from biomass, has reached an agreement to acquire land in Taylor County, FL for urea plant. The...
http://www.chemweek.com/people_and_business/companies/Florida-company-to-build-biomass-to-urea-fertilizer-plant_59510.html
March 12, 2014
Grizzly Discoveries (Edmonton, AB), a mineral exploration company, announced that it has entered into a memorandum of understanding with an unnamed third party for a proposed...
http://www.chemweek.com/people_and_business/companies/Canadian-exploration-group-signs-MOU-for-Alberta-potash-project_59509.html
March 12, 2014
Air Liquide has started operations at its nitrogen plant at Tioga, ND. The company says the plant will increase nitrogen supply to support drilling operations in the oil-rich Bakken...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-starts-up-North-Dakota-nitrogen-plant_59507.html
March 12, 2014
COIM (Offanengo, Italy), a polyurethane chemicals producer, announced today that it would break ground on an expansion of the company's polyester polyols manufacturing capacity at...
http://www.chemweek.com/people_and_business/companies/COIM-expands-polyols-capacity-in-Italy_59495.html
March 12, 2014
Praxair says it has acquired two independent distributors of gas and welding supplies—United Welding Supplies (Houston) and Best Welders Supply (Tulsa, OK). The companies have...
http://www.chemweek.com/people_and_business/companies/Praxair-acquires-two-small-US-Gulf-Coast-distributors_59484.html
March 11, 2014
IC Potash (ICP; Toronto) has completed a feasibility study for its ochoa sulphate of potash (SOP) project at Lea County, NM—effective 9 January. Construction is expected to begin...
http://www.chemweek.com/people_and_business/companies/IC-Potash-completes-feasibility-study-of-$1-billion-potash-project_59472.html
March 11, 2014
Rentech Nitrogen has announced its fourth-quarter earnings, ended 31 December 2013, today reporting a net loss and revenues down on a “challenging” quarter, heavily...
http://www.chemweek.com/people_and_business/companies/Rentech-Nitrogen-reports-lower-results-on-drop-in-nitrogen-prices_59470.html
March 11, 2014
FMC has announced plans to separate into two independent public companies: New FMC, which will comprised FMC's agricultural solutions and health and nutrition segments; and FMC...
http://www.chemweek.com/people_and_business/companies/FMC-to-split-into-two-public-companies-update_59433.html
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