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March 13, 2014
Cytec announced that it has acquired an equity position in C-CON Holdings (Herrenkreuth, Germany), an engineering, design, and process development company. The companies also signed a...
http://www.chemweek.com/people_and_business/companies/Cytec-acquires-German-engineering-company-C-CON_59529.html
March 12, 2014
Praxair has strengthened its position in Italy through the acquisition of Messer Italia’s (Settimo Torinese) liquid carbon dioxide, oxygen, nitrogen and argon, and packaged gases...
http://www.chemweek.com/people_and_business/companies/Praxair-acquires-Messer-assets-in-Italy-divests-operations-in-France-to-Messer_59506.html
March 12, 2014
BioNitrogen Holdings (West Plam Beach, FL), a company that creates urea fertilizer from biomass, has reached an agreement to acquire land in Taylor County, FL for urea plant. The...
http://www.chemweek.com/people_and_business/companies/Florida-company-to-build-biomass-to-urea-fertilizer-plant_59510.html
March 12, 2014
Grizzly Discoveries (Edmonton, AB), a mineral exploration company, announced that it has entered into a memorandum of understanding with an unnamed third party for a proposed...
http://www.chemweek.com/people_and_business/companies/Canadian-exploration-group-signs-MOU-for-Alberta-potash-project_59509.html
March 12, 2014
Air Liquide has started operations at its nitrogen plant at Tioga, ND. The company says the plant will increase nitrogen supply to support drilling operations in the oil-rich Bakken...
http://www.chemweek.com/people_and_business/companies/Air-Liquide-starts-up-North-Dakota-nitrogen-plant_59507.html
March 12, 2014
COIM (Offanengo, Italy), a polyurethane chemicals producer, announced today that it would break ground on an expansion of the company's polyester polyols manufacturing capacity at...
http://www.chemweek.com/people_and_business/companies/COIM-expands-polyols-capacity-in-Italy_59495.html
March 12, 2014
Praxair says it has acquired two independent distributors of gas and welding supplies—United Welding Supplies (Houston) and Best Welders Supply (Tulsa, OK). The companies have...
http://www.chemweek.com/people_and_business/companies/Praxair-acquires-two-small-US-Gulf-Coast-distributors_59484.html
March 11, 2014
IC Potash (ICP; Toronto) has completed a feasibility study for its ochoa sulphate of potash (SOP) project at Lea County, NM—effective 9 January. Construction is expected to begin...
http://www.chemweek.com/people_and_business/companies/IC-Potash-completes-feasibility-study-of-$1-billion-potash-project_59472.html
March 11, 2014
Rentech Nitrogen has announced its fourth-quarter earnings, ended 31 December 2013, today reporting a net loss and revenues down on a “challenging” quarter, heavily...
http://www.chemweek.com/people_and_business/companies/Rentech-Nitrogen-reports-lower-results-on-drop-in-nitrogen-prices_59470.html
March 11, 2014
FMC has announced plans to separate into two independent public companies: New FMC, which will comprised FMC's agricultural solutions and health and nutrition segments; and FMC...
http://www.chemweek.com/people_and_business/companies/FMC-to-split-into-two-public-companies-update_59433.html
March 11, 2014
Shareholder activism in the chemical industry should continue, as the economic climate improves and companies generate large amounts of cash, according to a new report by credit rating...
http://www.chemweek.com/people_and_business/companies/Moodys-shareholder-activism-to-continue_59483.html
March 11, 2014
Edge Adhesives (Fort Worth, TX) has been sold to private equity firms Akoya Capital Partners (Chicago) and Gladstone Investment (McLean, VA) for an undisclosed sum. Edge’s...
http://www.chemweek.com/people_and_business/companies/Edge-Adhesives-shuffles-private-equity-owners_59473.html
March 10, 2014
Private equity firm Arsenal Capital (New York) has purchased Kel-Tech (Midland, TX), a maker of chemicals for production, field stimulation, and drilling in the oil and gas sectors...
http://www.chemweek.com/people_and_business/companies/Arsenal-Capital-buys-two-oilfield-chemicals-companies_59442.html
March 10, 2014
Symrise (Holzminden, Germany) says it achieved record sales and earnings during 2013. Sales grew to €1.83 billion ($2.54 billion) in 2013 compared with €1.74 billion in 2012...
http://www.chemweek.com/people_and_business/companies/Symrise-achieves-record-sales-and-profitability-in-2013_59441.html
March 10, 2014
Minerals Technologies today announced that it has entered into an agreement to buy Amcol (Hoffman Estates, IL) for about $1.7 billion, or $45.75/share in cash, ending a weeks-looking...
http://www.chemweek.com/people_and_business/companies/MTI-to-acquire-Amcol_59437.html
March 10, 2014
Celanese has signed a supply agreement with Airborne Oil & Gas (Ijmuiden, Netherlands) for the development and supply of thermoplastic composite materials, to be used to...
http://www.chemweek.com/people_and_business/companies/Celanese-signs-agreement-for-thermoplastic-composites-for-pipes_59426.html
March 7, 2014
Gevo (Douglas County, CO) and Porta Hermanos (Córdoba, Argentina) have signed a letter of intent for Porta Hermanos to become the exclusive licensee in Argentina of Gevo's GIFT...
http://www.chemweek.com/people_and_business/companies/Gevo-to-license-its-biobased-isobutanol-technology-to-Argentine-firm_59407.html
March 7, 2014
Vertellus (Indianapolis), a specialty chemical provider, has opened an office at Mumbai, the company announced today. The newly opened office of the Vertellus Specialty Materials India...
http://www.chemweek.com/people_and_business/companies/Vertellus-opens-office-at-Mumbai_59406.html
March 7, 2014
Brazil's antitrust authority CADE (Brasilia) has approved without restrictions a joint venture between Braskem and Styrolution (Frankfurt) to build an acrylonitrile butadiene stryrene...
http://www.chemweek.com/people_and_business/companies/Brazils-antitrust-authority-approves-Braskem-Styrolution-ABS-venture_59404.html
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