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October 6, 2014
HFO-1234yf, a hydrofluoroolefin-based refrigerant, will be used in 7 million automobiles by 2015 as refrigerants currently used in mobile air-conditioning (MAC) systems are phased out...
http://www.chemweek.com/people_and_business/companies/DuPont-New-refrigerant-to-be-in-7-million-cars-by-2015_64294.html
October 6, 2014
Linde announced today that its first retail hydrogen fueling station in the United States is almost complete. The station is expected to be online before the end of the year and is...
http://www.chemweek.com/people_and_business/companies/Linde-announces-near-completion-of-first-hydrogen-fueling-station-in-US_64288.html
October 3, 2014
Styrene spot prices jumped Friday as buyers continued to seek material following reports that a steam leak affected production at Shell's Moerdijk, Netherlands, facility. Two separate...
http://www.chemweek.com/people_and_business/companies/Styrene-spot-prices-in-Europe-climb-following-incident-at-Moerdijk_64265.html
October 3, 2014
EuroChem (Moscow), one of the world’s leading fertilizer companies, today announced a corporate reorganization, including plans to redomicile its headquarters to Zug...
http://www.chemweek.com/people_and_business/companies/Russias-EuroChem-to-move-headquarters-to-Switzerland_64263.html
October 3, 2014
Shell has become the first organization to offer a globally available portfolio of natural gas–based fluids and solvents, Shell announced today. The high-purity paraffinic fluids...
http://www.chemweek.com/people_and_business/companies/Shell-Chemical-offers-gas-based-fluids-and-solvents-product-portfolio_64260.html
October 2, 2014
WadeCo Specialties (Midland, TX), which is owned by private equity firm Hastings Equity Partners (Boston), has acquired Elite Treating Solutions (Midland, TX) for an undisclosed sum...
http://www.chemweek.com/people_and_business/companies/WadeCo-Specialties-acquires-rival-oilfield-chemicals-firm_64238.html
October 2, 2014
Dow expects to have buyers for the Angus Chemical Co., sodium borohydride, and AgroFresh businesses by the end of the year....
http://www.chemweek.com/people_and_business/companies/Dow-confirms-plans-to-sell-Angus-sodium-borohydride-and-AgroFresh_64237.html
October 2, 2014
Brazil's antitrust body CADE (Brasilia) has approved the acquisition of Innova (Triunfo, Brazil), a subsidiary of Petrobras (Rio de Janeiro), by plastic packaging and styrene producer...
http://www.chemweek.com/people_and_business/companies/Brazil-antitrust-body-approves-Videolar-acquisition-of-Petrobras-styrenic-assets_64231.html
October 1, 2014
Agrium today said it expects third-quarter earnings to total 45-55 cts/share, roughly flat compared with the year-ago quarter. The company also said that fourth-quarter earnings should...
http://www.chemweek.com/people_and_business/companies/Agrium-expects-flat-third-quarter-earnings_64219.html
October 1, 2014
Innospec has agreed to acquire Independence Oilfield Chemicals (IOC; Houston), a portfolio company of private equity firm CSL Capital Management (Greenwich, CT), for an initial $100...
http://www.chemweek.com/people_and_business/companies/Innospec-to-acquire-US-oilfield-chemicals-firm_64204.html
October 1, 2014
The European Commission has opened an in-depth investigation into a loan and other forms of public aid, including grants and repayable advances, accorded by the French authorities to...
http://www.chemweek.com/people_and_business/companies/European-Commission-opens-in-depth-investigation-into-financial-assistance-France-provided-to-Kem-One_64193.html
September 30, 2014
Coatings and composites maker Reichhold Industries (Durham, NC) today filed for Chapter 11 bankruptcy protection in US Bankruptcy Court in the District of Delaware. As part of the...
http://www.chemweek.com/people_and_business/companies/Reichhold-files-for-bankruptcy-may-sell-US-business-to-bondholders_64178.html
September 30, 2014
Dow Chemical has lost its bid to appeal the $1.06 billion award imposed in a class-action lawsuit over price fixing in the polyurethanes market....
http://www.chemweek.com/people_and_business/companies/Court-affirms-$1-06-billion-judgment-against-Dow-in-polyurethanes-class-action_64170.html
September 30, 2014
Cabot and Westmoreland Coal (Englewood, CO) say they are doubling capacity of activated carbon, to 70 million pounds, at their jointly owned site at Bienfait, SK. The new capacity will...
http://www.chemweek.com/people_and_business/companies/Cabot-Westmoreland-Coal-to-double-capacity-at-Canada-activated-carbon-site_64150.html
September 30, 2014
BASF has named Canada Colors and Chemicals (CCC; Toronto) exclusive distributor for the company’s water treatment products in Canada. The agreement takes effect on 1 October for...
http://www.chemweek.com/people_and_business/companies/BASF-names-Canadian-distributor-for-water-treatment-products_64151.html
September 26, 2014
Socma (Washington) has called on EPA to strike a balance between transparency and protecting trade secrets as it formulates proposed rules on the disclosure of hydraulic...
http://www.chemweek.com/people_and_business/companies/Socma-urges-caution-as-EPA-considers-fracking-disclosure-rule_64076.html
September 25, 2014
Omnova Solutions today reported fiscal third-quarter net income of down 80% year-on-year (YOY), to $1.8 million, or 4 cts/share, on sales down 3.5%, to $252.1 million. Adjusted income...
http://www.chemweek.com/people_and_business/companies/Omnova-earnings-tumble-on-weakness-in-paper-business_64001.html
September 24, 2014
H.B. Fuller today reported fiscal third-quarter net income down 85.3% year-on-year (YOY), to $4 million, or 8 cts/share, on revenues up 2.4%, to $526.8 million. Adjusted earnings...
http://www.chemweek.com/people_and_business/companies/H-B-Fuller-earnings-plummet-on-problems-with-Forbo-integration-systems-update_63990.html
September 24, 2014
ACC has released its global chemical regional production index (Global CPRI), showing moderately positive growth as the global economy heads into the fourth quarter. The Global CPRI...
http://www.chemweek.com/people_and_business/companies/ACCs-global-chemical-production-index-shows-slow-growth-in-third-quarter_63964.html
September 24, 2014
Versalis (Milan), the chemicals subsidiary of ENI (Rome), has confirmed that it will not restart operations at the company's naphtha cracker at Porto Marghera, Italy. The cracker...
http://www.chemweek.com/people_and_business/companies/Versalis-makes-Porto-Marghera-cracker-closure-permanent_63963.html
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