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January 8, 2016
Source: Saudi Aramco. The Saudi government is considering floating shares in state-owned oil, refining, and petrochemical producer Saudi Aramco, the company announced on Friday. The...
http://www.chemweek.com/people_and_business/companies/Saudi-government-considers-share-listing-for-Aramco_76288.html
January 7, 2016
Kraton Performance Polymers today announced the closing of its $1.37-billion acquisition of pine chemicals maker Arizona Chemical (Jacksonville, FL). The deal was announced in...
http://www.chemweek.com/people_and_business/companies/Kraton-Polymers-closes-Arizona-Chemical-acquisition-issues-debt-to-fund-deal_76226.html
January 15, 2016
RPM today reported fiscal second-quarter net income up 19.6% year-on-year (YOY), to $83.4 million, on sales up 7.9%, to $1.07 billion. Earnings totaled 62 cts/share, beating...
http://www.chemweek.com/people_and_business/companies/RPM-beats-estimates-on-solid-sales-growth_76198.html
January 8, 2016
Monsanto reports better-than-expected first-quarter results due to cost cuts and increased soybean sales, but says it will expand its previously announced restructuring program to...
http://www.chemweek.com/people_and_business/companies/Monsanto-expands-layoffs-as-ag-slump-persists_76197.html
January 6, 2016
Ecolab says it has deconsolidated its Venezuelan operations for accounting purposes, starting in the fourth quarter of 2015. The action will be reflected on Ecolab’s 2015 balance...
http://www.chemweek.com/people_and_business/companies/Ecolab-deconsolidates-Venezuela-operations_76200.html
January 5, 2016
Vencorex’s site in Freeport, TX, has completed expaning its waterborne range of products, offering its customers the company’s complete range of derivatives. The expansion...
http://www.chemweek.com/people_and_business/companies/Vencorex-completes-waterborne-production-expansion_76175.html
January 5, 2016
Hexcel (Stamford, CT) announced Tuesday that it now fully owns composites reinforcements maker Formax UK (Leicester, UK). Hexcel purchased a 50% interest in Formax in December...
http://www.chemweek.com/people_and_business/companies/Hexcel-acquires-full-ownership-of-Formax_76173.html
January 4, 2016
Albemarle (Baton Rouge, LA) announced Monday that it has completed the previously announced sale of its Tribotecc metal sulfides business to Treibacher Industrie (Althofen, Austria)...
http://www.chemweek.com/people_and_business/companies/Albemarle-completes-sale-of-metal-sulfides-unit_76165.html
January 4, 2016
Private equity firm American Securities’ (New York) Royal Adhesives & Sealants has acquired Adhesive Systems (Frankfort, IL), an engineered adhesives maker, for an...
http://www.chemweek.com/people_and_business/companies/Royal-Adhesives-acquires-engineered-adhesives-firm_76164.html
January 4, 2016
Praxair announced Monday the merger of its two packaged gas joint ventures, Praxair Distribution Southeast (PDSE) and nexAir (Memphis, TN). nexAir is expected to grow to $200...
http://www.chemweek.com/people_and_business/companies/Praxair-merges-southeast-US-packaged-gases-joint-ventures_76148.html
January 4, 2016
Enzymotec (Migdal HaEmeq, Israel) and AAK (Malmö, Sweden) have extended their Advanced Lipids joint venture through the end of 2019. The jv makes and markets an SN2...
http://www.chemweek.com/people_and_business/companies/Enzymotec-AAK-extend-Advanced-Lipids-JV_76149.html
January 6, 2016
The board of PetroRabigh (Rabigh, Saudi Arabia), a Saudi Aramco–Sumitomo Chemical joint venture, has approved an increase to a previously announced share issue. The jv is...
http://www.chemweek.com/people_and_business/companies/Petro-Rabigh-board-approves-expanded-share-issue_76131.html
January 4, 2016
Gabriel Performance Products (Ashtabula, OH), a specialty chemicals company, announced Thursday the acquisition of InChem Corp.’s proprietary phenoxy resin business as part of...
http://www.chemweek.com/people_and_business/companies/Gabriel-Performance-acquires-InChem-phenoxy-resin-unit_76146.html
December 31, 2015
Protective automotive paints firm XPEL Technologies (San Antonio) has responded to a patent suit brought by 3M. The suit, filed yesterday in Minnesota federal district court, concerns...
http://www.chemweek.com/people_and_business/companies/Paint-firm-responds-to-3M-patent-suit_76133.html
January 4, 2016
DuPont notified employees today that approximately 1,700 positions will be cut from its Delaware-based workforce in early 2016, ahead of its previously announced megamerger with Dow...
http://www.chemweek.com/people_and_business/companies/DuPont-to-cut-1700-jobs-in-Delaware_76098.html
December 30, 2015
Kraton Performance Polymers (Houston), a leading producer of styrene block copolymers, announced that it expects to complete its previously announced acquisition of pine chemicals...
http://www.chemweek.com/people_and_business/companies/Kraton-to-complete-Arizona-Chemical-acquisition-in-January_76106.html
December 29, 2015
Private equity firm Huron Capital’s Valentus Specialty Chemicals has acquired National Paint Industries (NPI) to expand into the industrial coatings sector. Ray Chlodney, the CEO...
http://www.chemweek.com/people_and_business/companies/Huron-Capitals-Valentus-acquires-National-Paint-Industries_76074.html
December 21, 2015
European specialties distributor Azelis on Monday said it has closed the acquisition of Koda Distribution Group, effective 17 December. Koda has been renamed Azelis Americas and will...
http://www.chemweek.com/people_and_business/companies/Azelis-closes-Koda-Distribution-acquisition_75999.html
December 18, 2015
A survey released today by the Alliance of critical Syngenta shareholders found that 79% of respondents support an auction to sell the company, and 98% support change at...
http://www.chemweek.com/people_and_business/companies/Dissident-shareholder-survey-calls-for-sale-of-Syngenta_75978.html
December 17, 2015
Stora Enso (Helsinki) and Kemira have completed a three-year corporate responsibility initiative on water stewardship run in Guangxi Province in Southern China.The initiative, launched...
http://www.chemweek.com/people_and_business/companies/Stora-Enso-and-Kemira-complete-water-management-corporate-responsibility-project-in-China_75903.html
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