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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
March 2, 2014
Axalta Coating Systems (Philadelphia), the former coatings operations of DuPont, says it is to invest $60 million to build a next-generation plant to expand its production capacity of...
http://www.chemweek.com/people_and_business/companies/Axalta-Coating-Systems-to-invest-$60-million-in-waterborne-coatings-Germany_59250.html
February 28, 2014
House Energy and Commerce Environment and the Economy Subcommittee chairman John Shimkus (R., IL) unveiled draft legislation to update the Toxic Substances Control Act (TSCA). Shimkus says in a statement that the bill is a discussion draft and “keys off a bipartisan bill [Chemical Safety Improvement Act (CSIA)] introduced in the Senate.”...
http://www.chemweek.com/people_and_business/companies/House-introduces-draft-TSCA-reform-bill_59233.html
February 28, 2014
Calumet Specialty Products announced today that it has acquired United Petroleum Company (Gilbert, AZ), the producer of Quantum-brand lubricants. Calumet calls Quantum, which was...
http://www.chemweek.com/people_and_business/companies/Calumet-Specialty-Products-buys-lubricants-maker_59246.html
February 28, 2014
A fire at Lukoil's (Moscow) Stavrolen petrochemical complex at Budyonnovsk, Russia, has resulted in the suspension of production at the facility, Lukoil has announced. The fire broke...
http://www.chemweek.com/people_and_business/companies/Lukoil-suspends-production-at-Russia-complex-because-of-ethylene-plant-fire_59221.html
February 28, 2014
BASF Services Holding, an indirect, wholly owned group company of BASF, says it is to sell its subsidiary BASF Services Consult (Hamburg) to Tech Mahindra (Düsseldorf), a...
http://www.chemweek.com/people_and_business/companies/BASF-to-sell-its-third-party-consulting-business_59219.html
February 28, 2014
Huntsman announced today that it expects the European Commission to open a phase II investigation of its proposed acquisition of Rockwood’s performance additives and...
http://www.chemweek.com/people_and_business/companies/European-Commission-expected-to-conduct-extended-review-of-Huntsman-Rockwood-pigments-deal_59232.html
February 28, 2014
Repsol says that its board has accepted a $5-billion offer of compensation from the Argentinian government for Argentina's expropriation of a 51% stake in YPF (Buenos Aires) and YPF...
http://www.chemweek.com/people_and_business/companies/Repsol-accepts-$5-billion-in-compensation-from-Argentina-for-expropriation-of-YPF-stake_59237.html
February 28, 2014
Henkel has signed an alliance with CMS Technology (Danbury, CT), a packaging technology developer, to create food-safe antimicrobial additives for packaging, the company says. CMS owns...
http://www.chemweek.com/people_and_business/companies/Henkel-signs-antimicrobial-packaging-alliance_59236.html
February 28, 2014
Tronox reports a net loss of $3 million, narrower than the $97 million loss reported in the same quarter last year. Earnings per share were at a loss of 6 cts/share—slightly...
http://www.chemweek.com/people_and_business/companies/Tronox-reports-tighter-net-loss-stabilizing-pigment-market_59150.html
February 27, 2014
Air Products and Nippon Steel & Sumikin Pipeline & Engineering (NSPE; Tokyo) jointly announced today the signing of an agreement signifying their intent to work together on...
http://www.chemweek.com/people_and_business/companies/Air-Products-signs-collaboration-agreement-for-hydrogen-fueling-in-Japan_59156.html
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