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July 23, 2013
DuPont says it is exploring the sale or spin-off of its $7-billion/year performance chemicals unit as part of its transformation to a "higher growth, less cyclical company.” DuPont’s performance chemicals business includes titanium dioxide, fluorochemicals, and specialty and industrial chemicals. DuPont also reports second-quarter net income of $1.03 billion, down 12% year-on-year (YOY). Reported adjusted earnings were $1.28/share, down 15% YOY and in line with lowered company guidance announced in June....
http://www.chemweek.com/people_and_business/people_executives/DuPont-exploring-sale-of-performance-chemicals-unit_53831.html
July 22, 2013
PPG Industries has announced several executive appointments, effective 1 August. Frank Sklarsky will become executive v.p. and CFO and will continue to serve on PPG's executive and...
http://www.chemweek.com/people_and_business/people_executives/PPG-announces-executive-appointments_53802.html
July 19, 2013
The Biotechnology Industry Organization (BIO; Washington) has named Scott Whitaker as president/BIO International Convention, effective immediately, BIO says. Whitaker will also...
http://www.chemweek.com/people_and_business/people_executives/BIO-names-president-of-international-convention_53772.html
July 19, 2013
PhosAgro (Moscow) announced today that its CEO, Maxim Volkov, has submitted his resignation. Volkov has worked at PhosAgro since 2001.He will remain a member of the PhosAgro board, on...
http://www.chemweek.com/people_and_business/people_executives/PhosAgro-CEO-Maxim-Volkov-resigns-to-focus-on-soda-ash_53764.html
July 18, 2013
Firmenich (Geneva), the world’s second-largest flavors and fragrances producer, has announced the appointment of Yves Boisdron as its new chairman. This move follows...
http://www.chemweek.com/people_and_business/people_executives/Firmenich-appoints-new-chairman_53722.html
July 17, 2013
“If you succeed all the time, it means you’re not setting big enough targets,” says Patrick Thomas, CEO of Bayer MaterialScience....
http://www.chemweek.com/people_and_business/people_executives/Risk-averse-culture-limits-chemical-innovation-Bayer-MaterialScience-CEO_53657.html
July 17, 2013
CF Industries today announced that regulators in Louisiana and Iowa have issued final air emission permits related to the company’s capacity expansion projects at Donaldsonville...
http://www.chemweek.com/people_and_business/people_executives/CF-Industries-receives-air-permits-for-expansion-projects_53688.html
July 16, 2013
Methanol’s comeback in North America, another consequence of the shale gas revolution, is quickly gaining momentum. Two dormant plants have been restarted, another is scheduled...
http://www.chemweek.com/people_and_business/people_executives/Methanol-production-returns-to-North-America-on-back-of-shale-gas-surge_52093.html
July 16, 2013
Though potash and phosphate shipments were strong, Mosaic today reported a drop in earnings and sales for its fourth-quarter 2013, ended 31 May. Net earnings of $486 million were down...
http://www.chemweek.com/people_and_business/people_executives/Mosaic-reports-drop-in-earnings-sales-as-potash-production-scaled-back_53676.html
July 16, 2013
Praxair has started up a second air separation plant at Samsung Electronic’s semiconductor facility at Hwasung, Korea....
http://www.chemweek.com/people_and_business/people_executives/Praxair-adds-unit-at-Samsung-site-in-Korea_53674.html
July 10, 2013
DSM has named Rob Crowell business unit director of its functional materials unit, effective 1 September. Crowell will be responsible for overseeing the operations and performance of...
http://www.chemweek.com/people_and_business/people_executives/DSM-names-Crowell-business-director-of-functional-materials_53498.html
July 10, 2013
ACC today announced its support for the anticipated vote by the US Senate to nominate Gina McCarthy as administrator of the US EPA. McCarthy is currently EPA’s assistant...
http://www.chemweek.com/people_and_business/people_executives/ACC-announces-support-for-upcoming-Senate-vote-on-McCarthy-as-EPA-chief_53472.html
July 9, 2013
The board of Royal Dutch Shell announced today that Ben van Beurden will succeed Peter Voser as CEO, effective 1 January 2014. Peter Voser will leave Shell at the end of March 2014...
http://www.chemweek.com/people_and_business/people_executives/Royal-Dutch-Shell-names-former-chemicals-chief-van-Beurden-as-CEO_53453.html
July 8, 2013
Stepan says that Scott D. Beamer has joined Stepan and will become v.p. and chief financial officer (CFO) succeeding James E. Hurlbutt who plans to retire after 31 years with the...
http://www.chemweek.com/people_and_business/people_executives/Stepan-appoints-new-CFO_53446.html
July 8, 2013
FMC announced today that it has acquired exclusive rights to one of Bayer's patented, broad-spectrum crop protection product, the company says. FMC will develop and distribute the...
http://www.chemweek.com/people_and_business/people_executives/FMC-to-collaborate-with-Bayer-on-crop-protection-product_53425.html
July 5, 2013
Bayer has appointed Wolfgang Miebach as president of Bayer MaterialScience China as of 1 July 2013. He is also the senior representative for Bayer MaterialScience in Asia/Pacific...
http://www.chemweek.com/people_and_business/people_executives/Wolfgang-Miebach-appointed-president-of-Bayer-MaterialScience-China_53401.html
July 5, 2013
Cefic and the Association of Petrochemicals Producers in Europe (APPE) today announced the appointment of Dorothee Arns as executive director, Cefic petrochemistry & plastics...
http://www.chemweek.com/people_and_business/people_executives/Dorothee-Arns-appointed-executive-director-of-Cefic-petrochemistry-and-plastics-additives-sector_53400.html
July 5, 2013
Sibur (Moscow) has announced that its ownership structure has changed with former and current management increasing their stake in the company. Adine Development Inc., which is owned...
http://www.chemweek.com/people_and_business/people_executives/Sibur-management-raises-stake-in-Sibur-Mikhelsons-and-Timchenkos-share-drops_53394.html
July 2, 2013
Sun Chemical announced it has invested $5 million in a new flexographic printing plate manufacturing facility at Concord, CA. The 25,000 sq/ft facility, which opens on 15 July, houses...
http://www.chemweek.com/people_and_business/people_executives/Sun-Chemical-invests-in-new-printing-plate-facility-in-California_53338.html
July 2, 2013
Pilot Chemical (Cincinnati, OH), a specialty chemical producer, announced today that it has completed its largest-ever infrastructure investment at its Middletown, OH site. Total...
http://www.chemweek.com/people_and_business/people_executives/Pilot-Chemical-completes-infrastructure-expansion-enhancements_53337.html
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