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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
March 11, 2014
Shareholder activism in the chemical industry should continue, as the economic climate improves and companies generate large amounts of cash, according to a new report by credit rating...
http://www.chemweek.com/people_and_business/companies/Moodys-shareholder-activism-to-continue_59483.html
March 11, 2014
Edge Adhesives (Fort Worth, TX) has been sold to private equity firms Akoya Capital Partners (Chicago) and Gladstone Investment (McLean, VA) for an undisclosed sum. Edge’s...
http://www.chemweek.com/people_and_business/companies/Edge-Adhesives-shuffles-private-equity-owners_59473.html
March 10, 2014
Private equity firm Arsenal Capital (New York) has purchased Kel-Tech (Midland, TX), a maker of chemicals for production, field stimulation, and drilling in the oil and gas sectors...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-buys-two-oilfield-chemicals-companies_59442.html
March 10, 2014
Symrise (Holzminden, Germany) says it achieved record sales and earnings during 2013. Sales grew to €1.83 billion ($2.54 billion) in 2013 compared with €1.74 billion in 2012...
http://www.chemweek.com/people_and_business/companies/Symrise-achieves-record-sales-and-profitability-in-2013_59441.html
March 10, 2014
Minerals Technologies today announced that it has entered into an agreement to buy Amcol (Hoffman Estates, IL) for about $1.7 billion, or $45.75/share in cash, ending a weeks-looking...
http://www.chemweek.com/people_and_business/companies/MTI-to-acquire-Amcol_59437.html
March 10, 2014
Celanese has signed a supply agreement with Airborne Oil & Gas (Ijmuiden, Netherlands) for the development and supply of thermoplastic composite materials, to be used to...
http://www.chemweek.com/people_and_business/companies/Celanese-signs-agreement-for-thermoplastic-composites-for-pipes_59426.html
March 7, 2014
Gevo (Douglas County, CO) and Porta Hermanos (Córdoba, Argentina) have signed a letter of intent for Porta Hermanos to become the exclusive licensee in Argentina of Gevo's GIFT...
http://www.chemweek.com/people_and_business/companies/Gevo-to-license-its-biobased-isobutanol-technology-to-Argentine-firm_59407.html
March 7, 2014
Vertellus (Indianapolis), a specialty chemical provider, has opened an office at Mumbai, the company announced today. The newly opened office of the Vertellus Specialty Materials India...
http://www.chemweek.com/people_and_business/companies/Vertellus-opens-office-at-Mumbai_59406.html
March 7, 2014
Brazil's antitrust authority CADE (Brasilia) has approved without restrictions a joint venture between Braskem and Styrolution (Frankfurt) to build an acrylonitrile butadiene stryrene...
http://www.chemweek.com/people_and_business/companies/Brazils-antitrust-authority-approves-Braskem-Styrolution-ABS-venture_59404.html
March 7, 2014
Amcol’s (Hoffman Estates, IL) board of directors today said it found Minerals Technologies’ (MTI) latest, $45.75/share, bid to acquire the bentonite producer to be...
http://www.chemweek.com/people_and_business/companies/Amcol-board-says-it-may-accept-latest-MTI-bid_59410.html
March 7, 2014
Minerals Technologies (MTI) this morning submitted a $45/share bid for Amcol (Hoffman Estates, IL), raising the possibility of an intensified bidding war between it and Imerys for the...
http://www.chemweek.com/people_and_business/companies/Minerals-Technologies-raises-Amcol-bid-to-$45share_59268.html
March 6, 2014
Shin-Etsu (Tokyo) is studying plans to build a US world-scale ethylene plant, executive chairman Chihiro Kanagawa tells CW. Shin-Etsu is the largest US and global maker of PVC and currently purchases all of its US ethylene requirements under long-term contracts....
http://www.chemweek.com/people_and_business/companies/Shin-Etsu-evaluating-US-ethylene-investment_59392.html
March 6, 2014
Mineral Technologies (MTI) announced this morning that it has raised its bid to acquire bentonite and minerals producer Amcol to $45.75/share, beating Imerys’s latest bid of...
http://www.chemweek.com/people_and_business/companies/MTI-raises-Amcol-bid-to-$45-75share_59373.html
March 6, 2014
Celanese has announced that it has signed a two-year extension to its existing contract with the Aachen Center for Lightweight Production (AZL; Aachen, Germany). The parties are...
http://www.chemweek.com/people_and_business/companies/Celanese-extends-research-contract-for-thermoplastic-composites_59371.html
March 6, 2014
BASF has expanded production capacities for the company's Ultramid C–branded nylon copolymer for flexible food packaging films at  Ludwigshafen, BASF announced today. The...
http://www.chemweek.com/people_and_business/companies/BASF-completes-nylon-expansion-at-Ludwigshafen_59366.html
March 6, 2014
Taminco announced today it completed, 23 December 2013, the previously announced acquisition of Kemeria Oyj’s formic acid business, including the feed and the airport runway...
http://www.chemweek.com/people_and_business/companies/Taminco-completes-acquisition-of-Kemiras-formic-acid-business_59374.html
March 6, 2014
Airgas announced today that it is reorganizing its North Central distribution region into two separate regions within the company’s North division—a redefined North Central...
http://www.chemweek.com/people_and_business/companies/Airgas-reorganizes-North-Central-distribution-region_59372.html
March 6, 2014
The European Commission has, as expected,  opened an in-depth investigation to assess whether the planned acquisition by Huntsman of a number of titanium dioxide (TiO2) assets...
http://www.chemweek.com/people_and_business/companies/EU-Commission-opens-in-depth-probe-into-Huntsmans-acquisition-of-Rockwood-titanium-dioxide-assets_59362.html
March 5, 2014
The former hydrogen peroxide unit of FMC, the sale of which was finalized on Monday, has been renamed PeroxyChem. The business is now owned by One Equity Partners (New York), the...
http://www.chemweek.com/people_and_business/companies/Former-FMC-hydrogen-peroxide-unit-renamed-PeroxyChem_59350.html
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