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March 6, 2014
The European Commission has, as expected,  opened an in-depth investigation to assess whether the planned acquisition by Huntsman of a number of titanium dioxide (TiO2) assets...
http://www.chemweek.com/people_and_business/companies/EU-Commission-opens-in-depth-probe-into-Huntsmans-acquisition-of-Rockwood-titanium-dioxide-assets_59362.html
March 5, 2014
The former hydrogen peroxide unit of FMC, the sale of which was finalized on Monday, has been renamed PeroxyChem. The business is now owned by One Equity Partners (New York), the...
http://www.chemweek.com/people_and_business/companies/Former-FMC-hydrogen-peroxide-unit-renamed-PeroxyChem_59350.html
March 5, 2014
Technip (Paris) says it has been awarded a front-end engineering and design (FEED) contract by Shell UK for a carbon capture and storage (CCS) project in Scotland. The contract is for...
http://www.chemweek.com/people_and_business/companies/Technip-wins-FEED-contract-for-Shell-CCS-project-in-North-Sea_59335.html
March 5, 2014
Ashland announced today that it is closing its unsaturated polyester resin (UPR) and gelcoats manufacturing plant at Kelowna, BC, effective 27 June. Six other sites in North America...
http://www.chemweek.com/people_and_business/companies/Ashland-shutters-UPR-and-gelcoats-plant-in-Canada_59338.html
March 5, 2014
Sociedad Química y Minera (SQM; Santiago) says its net profit during the last quarter of 2013 totaled $69 million, down more than 50% from the $141.8 million reported in the...
http://www.chemweek.com/people_and_business/companies/SQMs-fourth-quarter-net-profit-falls-by-half_59330.html
March 4, 2014
Amcol announced today that it has approved a revised bid from Imerys, valuing the company at $45.25/share. The announcement comes the day after Minerals Technologies (MTI) submitted a...
http://www.chemweek.com/people_and_business/companies/Amcol-and-Imerys-agree-to-amended-$45-25share-merger_59325.html
March 4, 2014
Sensient Technologies announced today that it is initiating a new restructuring program, which will consolidate manufacturing plants and “eliminate underperforming...
http://www.chemweek.com/people_and_business/companies/Sensient-announces-further-restructuring-raises-dividend_59323.html
March 4, 2014
Airgas announced today that it has acquired Welding &Therapy Service Inc. (Louisville, KY), an industrial and medial gas and welding supply distributor. The company has five...
http://www.chemweek.com/people_and_business/companies/Airgas-acquires-Kentucky-medical-gas-and-welding-distributor_59309.html
March 4, 2014
BASF has signed an agreement to divest PolyAd Services (Earth City, MO), part of BASF's plastic additives business unit, to private equity firm Edgewater Capital Partners (Cleveland...
http://www.chemweek.com/people_and_business/companies/BASF-divests-plastic-additives-unit-PolyAd-to-private-equity-firm_59311.html
March 4, 2014
Sika (Baar, Switzerland) says it achieved record results in all areas for full-year 2013. The company announced a 23.8% increase in net profit, to a record 344.7 million Swiss francs...
http://www.chemweek.com/people_and_business/companies/Sika-achieves-record-results-for-2013-including-net-profit-up-23-8-percent_59310.html
March 4, 2014
Avalon Rare Metals (Toronto) has entered into a tolling agreement with Solvay, under which Solvay will process rare earth concentrate, supplied by Avalon, into pure rare earth oxides...
http://www.chemweek.com/people_and_business/companies/Solvay-and-Canadian-firm-enter-tolling-agreement-to-process-rare-earths-at-French-site_59297.html
March 4, 2014
Essential Ingredients (Lawrenceville, GA), a sales and marketer of personal care, household, and industrial (HI&I) products, says it has been chosen by SE Tylose USA (Itasca, IL)...
http://www.chemweek.com/people_and_business/companies/Cellulose-ether-firm-selects-Essential-Ingredients-for-marketing_59271.html
March 4, 2014
Ecolab has announced the acquisition of AK Kraus & Hiller Schädlingsbekämpfung (Allershausen, Germany). Kraus & Hiller had annual sales of approximately $4...
http://www.chemweek.com/people_and_business/companies/Ecolab-acquires-pest-elimination-company-in-Germany_59292.html
March 3, 2014
The fertilizer business of mining company Vale (Rio de Janeiro) posted negative adjusted Ebitda of $105 million in the fourth quarter of 2013 compared with positive adjusted Ebitda of...
http://www.chemweek.com/people_and_business/companies/Vales-fertilizer-business-swings-to-loss-on-lower-prices-sales_59277.html
March 3, 2014
PPG has closed its acquisition of Hi-Temp Coatings Technology (Boxborough, MA), a maker of high-heat resistant industrial coatings, the company says. Financial terms of the deal, which...
http://www.chemweek.com/people_and_business/companies/PPG-closes-heat-resistant-coatings-deal_59276.html
March 3, 2014
Uralkali (Berezniki, Russia) has started operations at the newly developed Novo-Solikamsk section of the company's Solikamsk-1 potash mine and plant complex at Solikamsk, Russia, the...
http://www.chemweek.com/people_and_business/companies/Uralkali-completes-project-to-extend-life-of-potash-complex-in-Russia_59270.html
March 3, 2014
FMC announced today that it has closed the $200-million sale of its hydrogen peroxide business to private equity firm One Equity Partners (New York), the private equity arm of...
http://www.chemweek.com/people_and_business/companies/FMC-closes-hydrogen-peroxide-unit-sale_59275.html
March 3, 2014
Linde’s Canada business announced today that it has acquired Distribution Équiprotek, an independent safety equipment distributor at Chicoutimi, Québec, Canada...
http://www.chemweek.com/people_and_business/companies/Linde-Canada-acquires-safety-equipment-distributor_59266.html
March 3, 2014
Rockwood Holdings today announced its fourth-quarter results—up on improved surface treatment and lithium, as well as lower interest expenses. However, net income of $14.8...
http://www.chemweek.com/people_and_business/companies/Rockwood-sales-up-on-surface-treatment-improvement_59269.html
March 3, 2014
Solvay has retained Credit Suisse to find a buyer for Eco-Services, the company's sulfuric acid regeneration business, according to a Reuters report. The company announced last week...
http://www.chemweek.com/people_and_business/companies/Report-Solvay-hires-Credit-Suisse-for-possible-Eco-Services-sale_59260.html
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