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December 9, 2013
Nuevolution (Copenhagen, Denmark), a small molecule lead discovery company, says it has appointed Tom Berkien as chief business officer, effective 1 January. Berkien will lead...
http://www.chemweek.com/people_and_business/companies/Nuevolution-appoints-Berkien-as-chief-business-officer_57187.html
December 6, 2013
Sonatrach (Oran, Algeria), an Algerian-government owned hydrocarbon and oil company, announced today that it is nearing completion of its new para-xylene (p-xylene) crystallization...
http://www.chemweek.com/people_and_business/companies/Algerian-oil-company-builds-p-xylene-plant_57185.html
December 6, 2013
Nestlé has announced plans to sell its 10% stake in Givaudan via a private placement to investors. The placement is being managed by Goldman Sachs. The stake is valued...
http://www.chemweek.com/people_and_business/companies/Nestle-to-sell-its-10-percent-stake-in-Givaudan_57172.html
December 6, 2013
BASF will invest £70 million ($114 million) by the end of 2015 at its Bradford and Grimsby, UK, water solutions sites as part of an optimization program, says Torben Berlin...
http://www.chemweek.com/people_and_business/companies/BASF-details-investment-job-cuts-at-UK-water-treatment-chemical-sites_57169.html
December 6, 2013
The Export-Import Bank of the United States (Ex-Im Bank; Washington) has authorized a $640.7-million direct loan to Socar Turkey Aegean Refinery (STAR; Istanbul) to finance the export...
http://www.chemweek.com/people_and_business/companies/Ex-Im-Bank-authorizes-$641-million-loan-to-refinery-petchems-project-in-Turkey_57168.html
December 6, 2013
Ecolab has increased its quarterly dividend by 20%, to 27.5 cts/share. Ecolab chairman and CEO Douglas Baker says the increase is due to “the continued growth and development we...
http://www.chemweek.com/people_and_business/companies/Ecolab-increases-dividend-by-20-percent_57170.html
December 6, 2013
Shell will not move forward with a proposed 140,000-bbl/day gas-to-liquids (GTL) project in Louisiana and will suspend all further work on the project, the company has announced. Shell...
http://www.chemweek.com/people_and_business/companies/Shell-shelves-$12-5-billion-US-Gulf-GTL-project_57163.html
December 6, 2013
Koch Fertilizer says it will change its name to Koch Ag and Energy Solutions, with the newly renamed entity serving as a holding company for Koch Fertilizer, Koch Energy Services, and...
http://www.chemweek.com/people_and_business/companies/Koch-Fertilizer-forms-new-holding-company-changes-leadership_57162.html
December 5, 2013
The European Court of Justice (Luxembourg) has dismissed the appeals of Solvay, Caffaro (Torviscosa, Italy), and SNIA (Milan), and upheld a 2006 European Commission decision to fine...
http://www.chemweek.com/people_and_business/companies/European-court-dismisses-Solvays-appeal-against-hydrogen-peroxide-cartel-fine_57109.html
December 5, 2013
W.R. Grace has announced that “none of the four parties with-asbestos related appeals to Grace’s plan of reorganization filed further appeals with the US Supreme...
http://www.chemweek.com/people_and_business/companies/Grace-moves-closer-to-bankruptcy-exit_57113.html
December 5, 2013
Rentech Nitrogen announced today that repairs damage from a fire at its East Dubuque, IL facility, which occurred on 28 November, will cost about $1-2 million. The company says the...
http://www.chemweek.com/people_and_business/companies/Rentech-Nitrogen-reports-$2-million-damage-from-East-Dubuque-fire_57106.html
December 5, 2013
Amyris (Emeryville, CA) and Total have formed Total Amyris BioSolutions, a 50-50 joint venture that holds exclusive rights and a license under Amyris's intellectual property to produce...
http://www.chemweek.com/people_and_business/companies/Amyris-and-Total-form-jv-to-produce-and-market-renewable-diesel-and-jet-fuel_57105.html
December 5, 2013
Lion Copolymer (Baton Rouge, LA) will temporarily shut down its synthetic rubber plant at Baton Rouge, according to local media reports. The length of the closure is still to be...
http://www.chemweek.com/people_and_business/companies/Reports-Lion-Copolymer-to-shut-rubber-facility-at-Baton-Rouge-temporarily_57098.html
December 5, 2013
Evonik Industries has succeeded in using biotechnology methods to convert synthesis gas (syngas) to pure 2-hydroxyisobutyric acid (2-HIBA) under industrial conditions, the company has...
http://www.chemweek.com/people_and_business/companies/Evonik-researches-bacterial-conversion-of-syngas-to-specialty-chemicals_57101.html
December 4, 2013
The American Cleaning Institute (ACI; Washington, DC) announced today that it has elected new members for its board. New directors include Dale Steichen, v.p. of surface chemistry and...
http://www.chemweek.com/people_and_business/companies/American-Cleaning-Institute-names-new-board-members_57076.html
December 4, 2013
CF Industries’ shares surged up over 9%, to $235.17/share, today after the company announced partnership talks at Citi’s Basic Materials Symposium in New York. The company...
http://www.chemweek.com/people_and_business/companies/CF-Industries-shares-jump-on-MLP-talks_57092.html
December 4, 2013
Sulphuric chemicals maker Chemtrade (Toronto) says it has acquired General Chemical (Parsippany, NJ) from private equity firm American Securities (New York) for $860 million. General...
http://www.chemweek.com/people_and_business/companies/Chemtrade-acquires-General-Chemical-from-private-equity-firm_57074.html
December 4, 2013
Ineos is building a new furnace at its Rafnes, Norway, steam cracker, to expand the plant's ethylene capacity, according to a Reuters report. The project coincides with Ineos's plans...
http://www.chemweek.com/people_and_business/companies/Report-Ineos-to-expand-ethylene-capacity-at-Rafnes_57073.html
December 4, 2013
Lotte Chemical UK, a subsidiary of Lotte Chemical (Seoul), says it intends to close its purified terephthalic acid (PTA) plant at Wilton, UK, with the potential loss of 70 jobs. The...
http://www.chemweek.com/people_and_business/companies/Lotte-Chemical-to-close-PTA-plant-in-UK_57071.html
December 4, 2013
The National Association of Chemical Distributors (NACD) has named Eric Byer as president and COO, effective 1 January 2014. Byer previously worked for law and government affairs...
http://www.chemweek.com/people_and_business/companies/NACD-names-Byer-as-new-president_57063.html
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