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December 11, 2013
Celanese said on Tuesday that it has completed a consultation process by its French subsidiary with their employee delegates at Roussillon, France, and by its Spanish subsidiary with...
http://www.chemweek.com/people_and_business/companies/Celanese-confirms-acetic-anhydride-and-VAM-plant-closures-in-France-and-Spain_57263.html
December 11, 2013
SGL Group (Wiesbaden, Germany) has announced details of its restructuring plan involving up to 300 job cuts under the company’s SGL2015 plan. SGL cites losses caused by delays in...
http://www.chemweek.com/people_and_business/companies/SGL-Group-to-cut-300-jobs-under-restructuring-program_57266.html
December 10, 2013
Honeywell says it will invest $300 million to a build a plant for HFO-1234yf, a hydroflurocarbon refrigerant for automobiles, at its Geismar, LA, site. The plant is expected to be...
http://www.chemweek.com/people_and_business/companies/Honeywell-plans-$300-million-HFO-1234yf-investment-at-Geismar-site_57242.html
December 10, 2013
Israel Chemicals Ltd. (ICL; Tel Aviv) has agreed to freeze its plans to lay off employees, according to a Globes reports published today. ICL has agreed to intensive talks with the...
http://www.chemweek.com/people_and_business/companies/Report-Israel-Chemicals-freezes-layoff-plans_57247.html
December 10, 2013
KMG Chemicals today reported fiscal first-quarter net income of $1.35 million, down 67.4% year-on-year (YOY), on sales up 43.3%, to $93.6 million. Sales rose primarily because of the...
http://www.chemweek.com/people_and_business/companies/KMG-Chemicals-earnings-fall-on-restructuring-charges_57246.html
December 10, 2013
Michelin and sugar producer Tereos (Lille, France) have signed an agreement to pool their respective skills and capabilities with the goal of jointly developing innovative...
http://www.chemweek.com/people_and_business/companies/Michelin-and-French-sugar-ethanol-producer-partner-in-biobased-butadiene-project_57244.html
December 10, 2013
Praxair announced today that it has started up a carbon dioxide (CO2) purification plant at Honeywell Specialty Materials' Hopewell, VA, site. Honeywell produces nylon resins and...
http://www.chemweek.com/people_and_business/companies/Praxair-starts-up-carbon-dioxide-plant-at-Honeywell-resin-facility_57240.html
December 10, 2013
Huntsman,  throughits wholly owned subsidiary, Huntsman International, will privately offer €200 million ($274.3 million) in aggregate principal amount of senior...
http://www.chemweek.com/people_and_business/companies/Huntsman-to-offer-&euro200-million-in-senior-notes_57237.html
December 10, 2013
Univar announced today that two members of its executive leadership team have been nominated to board positions at industry associations. Marco Quirino, president of Univar Brazil, was...
http://www.chemweek.com/people_and_business/companies/Univar-executives-named-to-NACD-Associquim-boards_57220.html
December 10, 2013
Air Products announced today that it is increasing prices globally for fluorinated gases and other process materials supplied by its electronics business, effective 1 January 2014...
http://www.chemweek.com/people_and_business/companies/Air-Products-increases-electronics-materials-prices_57221.html
December 10, 2013
Cheniere Energy (Houston) says its wholly owned subsidiary Corpus Christi Liquefaction; and Bechtel Oil, Gas, and Chemicals have entered into two lump-sum turnkey contacts for the...
http://www.chemweek.com/people_and_business/companies/Cheniere-Energy-to-build-LNG-trains-facilities-for-more-than-$10-billion_57204.html
December 9, 2013
Private equity firm Apollo Management (New York) is selling 10 million shares on Taminco in a secondary public offering, the company says. Apollo, which owns 70.5% of Taminco...
http://www.chemweek.com/people_and_business/companies/Apollo-selling-10-million-Taminco-shares-in-public-offering_57222.html
December 9, 2013
Methes Energies (Las Vegas) has signed a letter of intent to acquire the assets of OTC Energy Technologies (OTC; Burlington, ON), including all of OTC's technologies and knowhow...
http://www.chemweek.com/people_and_business/companies/Methes-Energies-acquires-biomass-to-syngas-technology-assets_57201.html
December 9, 2013
Mosiac announced today that it has entered into an agreement to repurchase 43.3 million restricted Class A shares over the next eight months from the Margaret A. Cargill Foundation and...
http://www.chemweek.com/people_and_business/companies/Mosaic-repurchases-43-3-million-Cargill-shares_57200.html
December 9, 2013
Arsenal Capital has named former W.R. Grace executive Shawn Abrams as an operating partner in the firm’s specialty industrials group. Abrams has 30 years of experience in the...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-names-former-Grace-exec-operating-partner_57202.html
December 9, 2013
Private equity firm Arsenal Capital (New York) has purchased Flowchem (Waller, TX), a maker of specialty chemicals for pipelines, for an undisclosed sum. The company makes drag...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-buys-pipeline-chemicals-firm_57203.html
December 9, 2013
Kemira says it has successfully started up its coagulant plant at Dormagen, Germany. The location of the plant at a Bayer MaterialScience site gives Kemira access to hydrochloric...
http://www.chemweek.com/people_and_business/companies/Kemira-starts-up-coagulant-plant-at-Dormagen-Germany_57195.html
December 9, 2013
Refining and petrochemicals company Slovnaft (Bratislava, Slovakia) has signed an agreement with eight banks to receive loans amounting to €200 million ($274.1 million), the...
http://www.chemweek.com/people_and_business/companies/Slovnaft-secures-&euro200-million-syndicated-loan-from-eight-banks_57193.html
December 9, 2013
Concord Blue USA (Los Angeles) and LanzaTech (Roselle, IL) have entered into an agreement to integrate their individually proven technologies to demonstrate the production of fuels and...
http://www.chemweek.com/people_and_business/companies/Concord-Blue-LanzaTech-partner-to-produce-biofuels-and-chemicals-from-waste-biomass_57194.html
December 9, 2013
M&G Chemicals (Tortona, Italy) has postponed its listing on the Hong Kong stock exchange, the company announced today. "In light of volatile market conditions, M&G...
http://www.chemweek.com/people_and_business/companies/M-and-G-Chemicals-postpones-Hong-Kong-IPO-citing-volatile-market-conditions_57196.html
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