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April 22, 2015
Trian CEO Nelson Peltz told investors yesterday that former LyondellBasell CEO James Gallogly asked to be CEO-designee at DuPont as a condition of joining Trian’s proposed slate of directors at DuPont. Trian is waging a proxy battle to seat four directors at DuPont’s annual meeting in Wilmington, DE on 13 May....
http://www.chemweek.com/regions/north_america/us/Trian-says-Gallogly-pushed-for-CEO-role-at-DuPont_69682.html
April 22, 2015
PTT Global Chemical (Bangkok; PTTGC) and Marubeni Corp. (Tokyo) have selected a site in Belmont County, Ohio for a proposed world-scale ethane cracker and petrochemical complex...
http://www.chemweek.com/regions/north_america/PTT-Marubeni-select-Ohio-site-for-proposed-cracker_69695.html
April 22, 2015
Balchem says it has appointed Ted Harris as its president and CEO, effective 28 April. Harris was most recently senior v.p. and president/performance materials at Ashland. He headed...
http://www.chemweek.com/regions/north_america/Former-Ashland-senior-v-p-to-join-Balchem-as-CEO_69678.html
April 22, 2015
China Steel Corporation (CSC), Taiwan’s largest integrated steel maker, has announced formal board approval of a TWD 1400 million  (US$46 million) capital investment in...
http://www.chemweek.com/regions/north_america/Tawain-steelmaker-invests-$46-million-in-LanzaTech_69696.html
April 22, 2015
US propylene stocks were flat for the week that ended on April 17th, according to data released by the Energy Information Administration (EIA) on Wednesday. The stable domestic supply...
http://www.chemweek.com/regions/north_america/US-propylene-inventories-flat-for-second-week-says-EIA_69679.html
April 22, 2015
DuPont announced today that it has agreed to acquire microbiome discovery firm  Taxon Biosciences (Tiburon, CA) to accelerate commercialization of biological solutions for...
http://www.chemweek.com/regions/north_america/DuPont-to-acquire-Taxon-Biosciences_69681.html
April 22, 2015
Teva Pharmaceutical Industries (PetaŠł• Tiqwa, Israel) has proposed to acquire Mylan in a transaction valued at $82.00/Mylan share, or a total of about $40 billion, with the...
http://www.chemweek.com/regions/north_america/us/Teva-offers-to-acquire-Mylan-for-$40-billion_69661.html
April 22, 2015
Mexichem's (Tlalnepantla, Mexico) net income from continuing operations plunged during the first quarter to $14 million, down 74% year-on-year (YOY), according to the company's...
http://www.chemweek.com/regions/north_america/Mexichems-net-income-takes-a-plunge-in-first-quarter_69676.html
April 22, 2015
Air Products says that Marie Ffolkes has been appointed to president/industrial gases, Americas, effective 18 May. Ffolkes comes to Air Products with 20 years of manufacturing...
http://www.chemweek.com/regions/north_america/us/Air-Products-appoints-presidentindustrial-gases-Americas_69659.html
April 21, 2015
DuPont today reported net income down 28% year-on-year (YOY), to $1.03 billion, on net sales down 9%, to $9.17 billion. Operating earnings totaled $1.34/share, beating analysts’...
http://www.chemweek.com/regions/north_america/DuPont-earnings-fall-on-currency-impacts-but-beat-estimates_69641.html
April 21, 2015
ACC’s Chemical Activity Barometer (CAB), a leading economic indicator and measure of industry activity, is up 0.1% sequentially in April after being flat in March and up 0.1% in...
http://www.chemweek.com/regions/north_america/Chemical-Activity-Barometer-ticks-higher-in-April_69653.html
April 21, 2015
Germany’s chemical industry trade association VCI (Frankfurt) has called for more objectivity and “an open discussion of the content” in the continuing discussions...
http://www.chemweek.com/regions/north_america/VCI-calls-for-more-factual-discussion-over-TTIP_69584.html
April 21, 2015
The European Commission has published a report that presents the results of a survey of small and medium-size enterprises (SMEs) carried out in 2014 on challenges they face when...
http://www.chemweek.com/regions/north_america/European-Commission-SMEs-stand-to-significantly-gain-from-TTIP_69640.html
April 21, 2015
Sensient Technologies (Milwaukee) has reported net earnings of of $30.5 million the first quarter of 2015 compared with a loss of $2.08 million in the year-ago quarter. Revenue...
http://www.chemweek.com/regions/north_america/Sensient-Technologies-reports-solid-performance-in-first-quarter_69635.html
April 21, 2015
ExxonMobil Chemical says it is considering whether to build a new polyethylene (PE) line at its Beaumont, TX, facility. The project would be additional to two 650,000-m.t./year PE lines now under construction at Mont Belvieu, TX. “We’ll conduct an extensive evaluation before making any final investment decision,” ExxonMobil says....
http://www.chemweek.com/regions/north_america/us/ExxonMobil-considering-PE-project-at-Beaumont-TX_69643.html
April 21, 2015
Tate & Lyle (London) today announced it would restructure its Splenda sucralose operations and exit most of its European bulk food ingredients business to further focus on and...
http://www.chemweek.com/regions/north_america/Tate-and-Lyle-to-close-Singapore-sucralose-plant-exit-European-bulk-ingredients-JV-with-ADM_69632.html
April 21, 2015
FMC today announced that it has completed the previously announced acquisition of crop protection chemicals maker Cheminova (Harboøre, Denmark). Plans for the acquisition were...
http://www.chemweek.com/regions/north_america/us/FMC-completes-$1-8-billion-acquisition-of-Danish-crop-protection-chemicals-maker-Cheminova_69630.html
April 21, 2015
Cytec Industries says that it has opened a new kitting facility based at Toulouse, France, adjacent to its existing process materials site. The facility will manufacture large vacuum...
http://www.chemweek.com/regions/north_america/us/Cytec-opens-facility-in-France-to-manufacture-process-materials-kits_69636.html
April 21, 2015
The national average price of gas has increased about 7 cents per gallon over the past week due to sharply rising crude oil costs, according to automotive organization AAA...
http://www.chemweek.com/regions/north_america/US-retail-gasoline-prices-up-on-stronger-crude-says-AAA_69619.html
April 20, 2015
Koda today announced it has acquired Unipex Solutions Canada (Boucherville, Quebec, Canada), a division of Unipex Group (Paris), for an undisclosed sum. Unipex Canada is a distributor...
http://www.chemweek.com/regions/north_america/Koda-acquires-in-Canada_69620.html
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