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October 2, 2014
WadeCo Specialties (Midland, TX), which is owned by private equity firm Hastings Equity Partners (Boston), has acquired Elite Treating Solutions (Midland, TX) for an undisclosed sum...
http://www.chemweek.com/people_and_business/companies/WadeCo-Specialties-acquires-rival-oilfield-chemicals-firm_64238.html
October 2, 2014
Dow expects to have buyers for the Angus Chemical Co., sodium borohydride, and AgroFresh businesses by the end of the year....
http://www.chemweek.com/people_and_business/companies/Dow-confirms-plans-to-sell-Angus-sodium-borohydride-and-AgroFresh_64237.html
October 2, 2014
Brazil's antitrust body CADE (Brasilia) has approved the acquisition of Innova (Triunfo, Brazil), a subsidiary of Petrobras (Rio de Janeiro), by plastic packaging and styrene producer...
http://www.chemweek.com/people_and_business/companies/Brazil-antitrust-body-approves-Videolar-acquisition-of-Petrobras-styrenic-assets_64231.html
October 1, 2014
Agrium today said it expects third-quarter earnings to total 45-55 cts/share, roughly flat compared with the year-ago quarter. The company also said that fourth-quarter earnings should...
http://www.chemweek.com/people_and_business/companies/Agrium-expects-flat-third-quarter-earnings_64219.html
October 1, 2014
Innospec has agreed to acquire Independence Oilfield Chemicals (IOC; Houston), a portfolio company of private equity firm CSL Capital Management (Greenwich, CT), for an initial $100...
http://www.chemweek.com/people_and_business/companies/Innospec-to-acquire-US-oilfield-chemicals-firm_64204.html
October 1, 2014
The European Commission has opened an in-depth investigation into a loan and other forms of public aid, including grants and repayable advances, accorded by the French authorities to...
http://www.chemweek.com/people_and_business/companies/European-Commission-opens-in-depth-investigation-into-financial-assistance-France-provided-to-Kem-One_64193.html
September 30, 2014
Coatings and composites maker Reichhold Industries (Durham, NC) today filed for Chapter 11 bankruptcy protection in US Bankruptcy Court in the District of Delaware. As part of the...
http://www.chemweek.com/people_and_business/companies/Reichhold-files-for-bankruptcy-may-sell-US-business-to-bondholders_64178.html
September 30, 2014
Dow Chemical has lost its bid to appeal the $1.06 billion award imposed in a class-action lawsuit over price fixing in the polyurethanes market....
http://www.chemweek.com/people_and_business/companies/Court-affirms-$1-06-billion-judgment-against-Dow-in-polyurethanes-class-action_64170.html
September 30, 2014
Cabot and Westmoreland Coal (Englewood, CO) say they are doubling capacity of activated carbon, to 70 million pounds, at their jointly owned site at Bienfait, SK. The new capacity will...
http://www.chemweek.com/people_and_business/companies/Cabot-Westmoreland-Coal-to-double-capacity-at-Canada-activated-carbon-site_64150.html
September 30, 2014
BASF has named Canada Colors and Chemicals (CCC; Toronto) exclusive distributor for the company’s water treatment products in Canada. The agreement takes effect on 1 October for...
http://www.chemweek.com/people_and_business/companies/BASF-names-Canadian-distributor-for-water-treatment-products_64151.html
September 26, 2014
Socma (Washington) has called on EPA to strike a balance between transparency and protecting trade secrets as it formulates proposed rules on the disclosure of hydraulic...
http://www.chemweek.com/people_and_business/companies/Socma-urges-caution-as-EPA-considers-fracking-disclosure-rule_64076.html
September 25, 2014
Omnova Solutions today reported fiscal third-quarter net income of down 80% year-on-year (YOY), to $1.8 million, or 4 cts/share, on sales down 3.5%, to $252.1 million. Adjusted income...
http://www.chemweek.com/people_and_business/companies/Omnova-earnings-tumble-on-weakness-in-paper-business_64001.html
September 24, 2014
H.B. Fuller today reported fiscal third-quarter net income down 85.3% year-on-year (YOY), to $4 million, or 8 cts/share, on revenues up 2.4%, to $526.8 million. Adjusted earnings...
http://www.chemweek.com/people_and_business/companies/H-B-Fuller-earnings-plummet-on-problems-with-Forbo-integration-systems-update_63990.html
September 24, 2014
ACC has released its global chemical regional production index (Global CPRI), showing moderately positive growth as the global economy heads into the fourth quarter. The Global CPRI...
http://www.chemweek.com/people_and_business/companies/ACCs-global-chemical-production-index-shows-slow-growth-in-third-quarter_63964.html
September 24, 2014
Versalis (Milan), the chemicals subsidiary of ENI (Rome), has confirmed that it will not restart operations at the company's naphtha cracker at Porto Marghera, Italy. The cracker...
http://www.chemweek.com/people_and_business/companies/Versalis-makes-Porto-Marghera-cracker-closure-permanent_63963.html
September 22, 2014
A US district court in New Jersey issued an opinion last week siding with MacDermid in a patent dispute over flexographic imaging plates. The dispute relates to thermal processing for...
http://www.chemweek.com/people_and_business/companies/Court-finds-against-DuPont-in-patent-dispute-with-MacDermid_63927.html
September 18, 2014
Air Products will reorganize into seven segments and sharpen focus on its core industrial gas operations under a plan announced today by new chairman and CEO Seifi Ghasemi....
http://www.chemweek.com/people_and_business/companies/Air-Products-realignment-sharpens-focus-on-gases_63888.html
September 18, 2014
Dow Chemical announced today that it has named Neil Hawkins corporate v.p. and chief sustainability officer, effective 1 October, and Paula Tolliver corporate v.p./business services...
http://www.chemweek.com/people_and_business/companies/Dow-names-new-sustainability-and-information-officers_63886.html
September 17, 2014
CIS Acquisition (Moscow), a publicly traded investment vehicle, says it is acquiring a majority stake in Delta Technology Holdings (Hong Kong), a fine and specialty chemicals maker...
http://www.chemweek.com/people_and_business/companies/Investment-firm-CIS-Acquisition-to-acquire-Chinas-Delta-Technology-Holdings_63876.html
September 17, 2014
Linde has completed a capacity expansion of ultrahigh purity (UHP) gaseous nitrogen and UHP oxygen at its Hillsboro, OR, site. The company has also upgraded its existing infrastructure...
http://www.chemweek.com/people_and_business/companies/Linde-expands-ultrahigh-purity-gases-in-Oregon_63864.html
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