IHS Chemical Week

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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...
September 9, 2015
Capital Southwest’s previously announced spinoff of its specialty chemicals assets will be effective from 30 September, the company says. Shares in the new entity, Capital...
September 9, 2015
Phillips 66 and Spectra Energy (Houston), 50-50 joint venture owners in natural gas company DCP Midstream (Denver), say they have entered into a nonbinding letter of intent for...
September 9, 2015
Celanese says its board has approved a new $1-billion share repurchase authorization that will be executed over the next two years. The company says that the authorized sum represents about 11% of its outstanding shares....
September 8, 2015
Praxair has signed a long-term helium purchase agreement with Nacogdoches Oil and Gas (NOG; Nacogoches, TX), under which NOG will supply Praxair with up to 100 million standard cubic...
September 8, 2015
Flavors and fragrances manufacturer Givaudan (Vernier, Switzerland) says it has acquired 100% of the shares of Induchem Holding (Volketswil, Switzerland) and its subsidiaries...
September 3, 2015
Formosa Petrochemical (Taipei) says it is evaluating a $9.4-billion petrochemical complex in St. James Parish, Louisiana that would include two new crackers. A final investment...
September 3, 2015
Clariant hosted an inaugural sustainability dialog on 2 September in Frankfurt to examine the company’s role within the specialty chemicals industry and its contribution to a...
September 3, 2015
Clariant, following a massive portfolio restructuring—which included divesting several businesses and acquiring catalysts producer Süd Chemie—has become a less...
September 3, 2015
Paints and coatings company Tikkurila (Helsinki) has announced that it plans to eliminate up to 100 jobs. The company says that it will start statutory negotiations with all of its...
September 3, 2015
Sinopec and Sibur (Moscow) have entered into a framework investment agreement under which Sinopec will acquire a stake in Sibur. The agreement was signed during Russian president...
September 3, 2015
LSB Industries has announced president and CEO Barry Golsen has stepped down, effective immediately, after 38 years with the company. Golsen will be replaced by Daniel Greenwell...
September 2, 2015
Senior executives and directors of FMC have recently purchased about $4.5 million worth of common stock in the company, FMC says. Chairman and CEO Pierre Brondeau purchased 49,909...
September 1, 2015
Chemours has set a fourth-quarter dividend of 3 cts/share, roughly 95% below the 55-ct/share third-quarter dividend assigned by DuPont. This is the first dividend declared by Chemours...
September 1, 2015
Ashland has completed its acquisition of cellular fraction isolation technology, called Zeta Fraction, from AzkoNobel, in a deal that was announced in July. Terms of the transaction...
August 31, 2015
Axalta announced Monday that it has signed a contract to supply industrial and architectural coatings to structures along the Panama Canal. The structures include buildings and locks...
August 31, 2015
Evonik Industries has started up plants for C4-based products at its Marl, Germany, site, part of a three-digit million-euro investment for these products in Europe. The plants were...
August 31, 2015
Corbion (Gorinchem, Netherlands) and Perstorp (Perstorp, Sweden) have announced a lactide-caprolactone copolymer for hot melt adhesives. The new copolymer is the result of a long-term...
August 28, 2015
Swiss flavors and fragrances manufacturer Givaudan has slightly trimmed its five-year organic sales growth target to 4–5%/year in 2015–20, down from the previous...
August 26, 2015
Molycorp will suspend production at its Mountain Pass, CA rare earths facility by 20 October, the company says. The facility will go into “care and maintenance mode,” with...
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