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December 3, 2014
There are no discussions currently taking place to fully or partially relaunch production at Uralkali's (Berezniki, Russia) Solikamsk-2 mine, the company says...
http://www.chemweek.com/people_and_business/companies/Uralkali-denies-claims-it-is-readying-partial-restart-at-Solikamsk-2-mine_65648.html
December 3, 2014
Linde announced today that it has installed a gasifier vessel on its new gasification train at its La Porte, TX, facility. The plant is part of a $250-million investment that includes...
http://www.chemweek.com/people_and_business/companies/Linde-constructs-gasifier-at-La-Porte-gasification-train_65806.html
December 3, 2014
Activist hedge fund Barrington Capital (New York) today released a letter calling on Omnova Solutions to sell its $245-million engineered surfaces business and criticizing the...
http://www.chemweek.com/people_and_business/companies/Activist-hedge-fund-urges-Omnova-to-sell-engineered-surfaces_65811.html
December 3, 2014
Braskem has decided to settle fully 1 billion reais ($390 million) owed in taxes to the Brazilian treasury, the company announced. Braskem will pay 30% of the amount due in cash and...
http://www.chemweek.com/people_and_business/companies/Braskem-pays-R$1-billion-tax-debt_65799.html
December 3, 2014
Chemtura announced the preliminary results of the company's modified Dutch auction tender offer, which expired at the end of the day on 1 December. The offer—a total of about...
http://www.chemweek.com/people_and_business/companies/Chemtura-to-acquire-$302-million-in-Dutch-auction-shares_65779.html
December 2, 2014
Capital Southwest (Dallas), an investment holding company, today announced plans to split into two publicly-traded entities – one in specialty chemicals and industrial products, and one in finance....
http://www.chemweek.com/people_and_business/companies/Investment-firm-Capital-Southwest-to-spin-off-specialty-chemical-assets_65781.html
December 2, 2014
The government of the US Virgin Islands will "respond to whatever next action Hovensa takes in a way that is in the best interests of [the] community," if an operating...
http://www.chemweek.com/people_and_business/companies/US-Virgin-Islands-government-to-take-action-if-Hovensa-cuts-islands-fuel-supply_65780.html
December 1, 2014
Huntsman says it will cut 900 jobs in its titanium dioxide (TiO2) pigments and additives segment as part of a restructuring effort that is expected to generate savings of $130...
http://www.chemweek.com/people_and_business/companies/Huntsman-to-cut-900-jobs-in-TiO2-and-addtives-segment_65744.html
December 1, 2014
Lubrizol today agreed to acquire Weatherford’s oilfield chemicals business and its drilling fluids business for $825 million, including a $75 million performance-based cash...
http://www.chemweek.com/people_and_business/companies/Lubrizol-to-acquire-Weatherfords-oilfield-chemicals-business-for-$825-million_65746.html
December 1, 2014
PolyOne says that it has acquired the specialty assets of Accella Performance Materials (Maryland Heights, MO), a manufacturer of liquid polymer formulations. Accella will retain its...
http://www.chemweek.com/people_and_business/companies/PolyOne-acquires-specialty-business-of-Accella_65745.html
November 26, 2014
BASF has announced that it plans to make a major investment in a “pioneering superabsorbent technology” that enables design of thinner and more comfortable diapers. The...
http://www.chemweek.com/people_and_business/companies/BASF-to-invest-up-to-$625-million-in-new-superabsorbent-polymer-technology_65694.html
November 26, 2014
The EPA said today that it was proposing stricter ozone standards within a range of 65 to 70 parts per billion (ppb), while taking comment on a level as low as 60 ppb. EPA last...
http://www.chemweek.com/people_and_business/companies/EPA-proposes-stricter-ozone-standards_65696.html
November 25, 2014
Air Liquide says it has signed a purchase agreement with Kodiak Carbonic, a Pacific Ethanol subsidiary and producer of beverage-grade liquid carbon dioxide (CO2). Under the agreement...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-signs-carbon-dioxide-sourcing-agreement-with-Oregon-producer_65682.html
November 25, 2014
Valspar today reported fiscal fourth-quarter net income up 70% year-on-year (YOY), to $108.1 million, on sales up 11%, to $1.23 billion. Adjusted earnings totaled $117 million, or...
http://www.chemweek.com/people_and_business/companies/Valspar-earnings-easily-beat-estimates_65683.html
November 25, 2014
AkzoNobel has joined forces with SuikerUnie (Dinteloord the Netherlands), Rabobank (Utrecht, the Netherlands), Deloitte, Investment and Development Agency for the Northern Netherlands...
http://www.chemweek.com/people_and_business/companies/AkzoNobel-sponsors-study-to-assess-viability-of-producing-chemicals-from-beetroot-sugars_65677.html
November 24, 2014
A Schulman has named Brent Middleton v.p. and general manager/United States and Canada and Gustavo Perez v.p. and general manager/Latin America, the company says. The two will be...
http://www.chemweek.com/people_and_business/companies/Schulman-names-Americas-execs_65659.html
November 24, 2014
Adama Agricultural Solutions (Airport City, Israel), a major generic crop protection solutions company, has postponed its previously announced initial public offering and ceased...
http://www.chemweek.com/people_and_business/companies/Adama-postpones-IPO-as-a-result-of-lower-grain-prices_65646.html
November 24, 2014
Syngenta says it will eliminate or relocate 1,800 jobs as part of an ongoing restructuring program that is expected to generate savings of $265.0 million in 2015. The reductions will...
http://www.chemweek.com/people_and_business/companies/Syngenta-cuts-to-impact-1800-jobs_65644.html
November 24, 2014
Albemarle says it has closed on $1.025 billion in new, unsecured, bonds, the proceeds of which will mostly go wards financing the acquisition of Rockwood. The bonds consist of a $250...
http://www.chemweek.com/people_and_business/companies/Albemarle-closes-on-Rockwood-acquisition-financing_65661.html
November 21, 2014
Dow Chemical and hedge fund Third Point (New York) have reached an agreement on the composition of Dow’s board, averting a potential proxy fight for at least one year....
http://www.chemweek.com/people_and_business/companies/Dow-Chemical-Third-Point-reach-agreement-on-board-seats_65626.html
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