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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
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
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