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June 10, 2015
Private equity firm Apollo Management (New York) says it has agreed to acquire OM Group for about $1.03 billion, or $34/share. Apollo will then sell OM Group’s electronic...
http://www.chemweek.com/people_and_business/companies/Apollo-to-acquire-OM-Group-for-$1-03-billion-sell-some-segments-to-Platform_70874.html
June 9, 2015
Trian Fund Management (New York) founder and CEO Nelson Peltz received 46% of the vote in DuPont’s board election last month, according to final results released today...
http://www.chemweek.com/people_and_business/companies/Peltz-won-46-percent-in-final-DuPont-board-vote-tally_71123.html
June 9, 2015
Industrial biotech firm Amyris (Emeryville, CA) and Ipca Laboratories (Mumbai) say that they have signed a letter of intent to establish an agreement for Amyris to supply a key...
http://www.chemweek.com/people_and_business/companies/Amyris-Ipca-sign-letter-of-intent-for-supply-of-API_71106.html
June 9, 2015
Praxair announced today it is expanding its operations in the Detroit, MI, area, with a new 1,650 m.t./day air separation unit (ASU) in Ecorse, a Detroit suburb. The plant, which...
http://www.chemweek.com/people_and_business/companies/Praxair-to-expand-in-Michigan_71112.html
June 8, 2015
Koda Distribution today announced it has acquired Colonial Specialty Chemicals (CSC; Conshohocken, PA), a metalworking and industrial lubricants distributor, for an undisclosed sum...
http://www.chemweek.com/people_and_business/companies/Koda-acquires-US-lubricants-distributor_71079.html
June 8, 2015
Distributor Univar today announced it is launching an initial public offering (IPO), along with a concurrent private placement to Temasek Holdings (Singapore), the sovereign wealth...
http://www.chemweek.com/people_and_business/companies/Univar-aims-to-raise-$739-million-in-IPO-stake-sale_71077.html
June 7, 2015
Ineos has been named as Britain’s biggest private company by The Sunday Times top track 100 report. The company has revenues of $54 billion and operates 65 sites across the world...
http://www.chemweek.com/people_and_business/companies/Ineos-named-Britains-largest-private-company_71050.html
June 5, 2015
DuPont said Friday that shareholders will receive one share of Chemours common stock for every five shares of DuPont held, payable on 1 July....
http://www.chemweek.com/people_and_business/companies/DuPont-finalizes-terms-of-Chemours-peformance-chemicals-spin-off_71049.html
June 5, 2015
Monsanto today announced that its board of directors has adopted proxy access amendments to the company’s bylaws that enable eligible Monsanto shareowners to have their own...
http://www.chemweek.com/people_and_business/companies/Monsanto-board-gives-shareholders-proxy-access_71036.html
June 5, 2015
Henkel Adhesive Technologies has launched a new product development and diagnostics laboratory for nonwoven disposables at its campus in New Jersey. The centerpiece of the facility is...
http://www.chemweek.com/people_and_business/companies/Henkel-Adhesives-Technologies-opens-nonwoven-disposables-lab-in-NJ_71029.html
June 4, 2015
Molycorp, the sole US-based maker of rare earth oxides, is preparing to file for bankruptcy, according to a report in the Wall Street Journal. The company had $1.7 billion in debt and...
http://www.chemweek.com/people_and_business/companies/Report-Rare-earths-producer-Molycorp-on-verge-of-bankruptcy_71024.html
June 3, 2015
PPG Industries says it has acquired Consorcio Latinoamericano, an operator of a network of 57 paint stores across Central America. Consorcio Latinoamericano previously had a concession...
http://www.chemweek.com/people_and_business/companies/PPG-acquires-Latin-America-paint-stores-network_70947.html
June 3, 2015
PPG Industries says it has acquired Cuming Microwave Corporation (Avon, MA), a maker of coatings that absorb microwaves and radio waves, as well as a subsidiary, Cuming-Lehman...
http://www.chemweek.com/people_and_business/companies/PPG-to-acquire-aerospace-coatings-maker-in-US_70977.html
June 3, 2015
Renewable fuels and chemicals maker Gevo (Englewood, CO) says today that it has entered into an agreement with FCStone Merchant Services (New York) to originate and supply corn for...
http://www.chemweek.com/people_and_business/companies/Gevo-signs-corn-supply-deal-for-Luverne-plant_70972.html
June 1, 2015
A. Schulman says it has closed its $800-million acquisition of engineered plastics maker Citadel Plastics Holdings (West Chicago, IL), which was announced in March. Citadel was...
http://www.chemweek.com/people_and_business/companies/Schulman-closes-Citadel-acquisition_70889.html
June 1, 2015
Oxea has announced price increases for amines and carboxylic acids in Europe, Asia, and the Middle East, and for intermediates in Europe....
http://www.chemweek.com/people_and_business/companies/Oxea-increases-amine-carboxylic-acid-and-intermediate-prices_70872.html
June 1, 2015
Six major oil and gas companies have called on governments and on the United Nations framework convention on climate change (UNFCCC) to introduce pricing systems for carbon, where they...
http://www.chemweek.com/people_and_business/companies/Oil-and-gas-majors-call-for-carbon-pricing_70871.html
June 1, 2015
A strike that disrupted production of bromine and potash at Israel Chemicals Ltd. (ICL; Tel Aviv) for more than three months has ended with agreement on an efficiency program that...
http://www.chemweek.com/people_and_business/companies/Strike-at-ICL-ends-with-deal-on-job-cuts-efficiency-measures_70869.html
June 1, 2015
Recipharm (Jordbro, Sweden), a contract development and manufacturing organization that produces pharmaceuticals and active pharmaceutical ingredients, says it has appointed...
http://www.chemweek.com/people_and_business/companies/Recipharm-appoints-chief-strategy-officer_70867.html
June 1, 2015
Bayer announced on Monday that the new name of its MaterialScience business will be Covestro, effective 1 September 2015. Bayer intends to float Covestro on the stock market by...
http://www.chemweek.com/people_and_business/companies/Covestro-is-the-new-name-of-Bayer-MaterialScience_70865.html
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