IHS Chemical Week

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December 8, 2014
Monsanto says its agriculture analytics division Climate Corporation (San Francisco) has acquired 640 Labs, an agricultural technology startup based in Chicago. Financial terms were...
http://www.chemweek.com/regions/north_america/Monsanto-adds-Chicago-start-up-to-growing-precision-ag-portfolio_65976.html
December 8, 2014
Eastman Chemical announced on Friday that it had completed acquiring Taminco, a global specialty chemical company, for $2.80 billion in cash and assumed debt. The acquired Taminco...
http://www.chemweek.com/regions/north_america/Eastman-completes-acquisition-of-Taminco_65946.html
December 8, 2014
Aurobindo Pharma (Hyderabad, India) said on Friday that it had completed acquiring assets of nutritional supplement maker Natrol and other affiliate entities through a wholly owned US...
http://www.chemweek.com/regions/north_america/Aurobindo-completes-acquisition-of-US-nutraceuticals-firm-Natrol_65943.html
December 8, 2014
Momentive Specialty Chemicals (MSC) announced today that it is rebranding itself Hexion, the company’s old name, effective 15 January 2015. The company was renamed Momentive...
http://www.chemweek.com/regions/north_america/Momentive-Specialty-Chemicals-to-change-name-back-to-Hexion_65749.html
December 8, 2014
Merck announced today that it has reached an agreement to acquire Cubist Pharmaceuticals (Lexington, MA) for $102/share in cash, which represents a 35% premium to Cubist’s...
http://www.chemweek.com/regions/north_america/Merck-to-acquire-Cubist-Pharmaceuticals-for-$8-40-billion_65959.html
December 8, 2014
BP is accelerating plans to cut hundreds of jobs, many of them in the United Kingdom and in the United States, the UK press reported on Sunday. The cuts will be concentrated in...
http://www.chemweek.com/regions/north_america/BP-accelerating-job-cuts-as-oil-price-continues-to-slide_65958.html
December 8, 2014
Sanofi’s animal health subsidiary Merial is acquiring the Merck manufacturing facility at Barceloneta, Puerto Rico. The transaction is subject to approval by FTC. If approved...
http://www.chemweek.com/regions/north_america/Sanofi-acquires-Mercks-animal-health-facility-in-Puerto-Rico_65950.html
December 8, 2014
Indorama Ventures (Bangkok) and Performance Fibers (Huntersville, NC), a leading producer of industrial polyester fibers and fabrics, today announced that it has signed a definitive...
http://www.chemweek.com/regions/north_america/us/Indorama-to-acquire-Performance-Fibers-business-in-Asia_65949.html
December 8, 2014
Ineos says that its US olefins and polymers subsidiary and Sasol have broken ground on the previously announced, high-density polyethylene (HDPE) joint venture plant at Ineos’s...
http://www.chemweek.com/regions/north_america/us/Ineos-and-Sasol-break-ground-on-HDPE-joint-venture-plant_65948.html
December 8, 2014
Merck KGaA (Darmstadt, Germany) says that the shareholders of Sigma-Aldrich (St. Louis) have approved its previously announced merger with Merck at a special meeting held at St...
http://www.chemweek.com/regions/north_america/us/Sigma-Aldrich-shareholders-approve-merger-with-Merck-KGaA_65947.html
December 8, 2014
Phillips 66 expects its share of capital spending by CPChem, the 50-50 joint venture with Chevron, to total $1.4 billion in 2015. The sum compares with $1 billion budgeted for 2014, and final tallies of $613 million in 2013, $371 million in 2012, and $222 million in 2011....
http://www.chemweek.com/regions/north_america/Phillips-66-slates-$1-4-billion-capital-spending-to-CPChem-in-2015_65942.html
December 8, 2014
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies...
http://www.chemweek.com/regions/north_america/us/Report-Europe-must-boost-R-and-D-investment-to-remain-competitive_65957.html
December 5, 2014
Eastman announced today that its board of directors has approved a quarterly cash dividend increase of 14%, to 40 cts/share on the company’s common stock—payable 2 January...
http://www.chemweek.com/regions/north_america/Eastman-announces-dividend-increase_65929.html
December 5, 2014
The board of directors at Ecolab has declared a 20% increase in the company’s quarterly cash dividend, to 33 cts/share, to be paid on 15 January to all shareholders on record at...
http://www.chemweek.com/regions/north_america/Ecolab-increases-dividend-20-percent_65928.html
December 5, 2014
Railcar loadings in the United States for chemicals slipped 0.1% year-on-year, to 26,639, for the week ended 29 November, according to data from the Association of American Railroads...
http://www.chemweek.com/regions/north_america/Chemical-railcar-loadings-edge-down-in-US_65941.html
December 5, 2014
At a public hearing this week, members of the European Parliament (MEPs) grilled negotiators and experts involved in the trade discussions with the United States over the Transatlantic...
http://www.chemweek.com/regions/north_america/us/MEPs-grill-TTIP-negotiators_65931.html
December 5, 2014
Vertellus (Indianapolis), a leading producer of specialty chemicals for the life sciences sector and other industrial applications, has signed a definitive agreement to acquire the...
http://www.chemweek.com/regions/north_america/Vertellus-to-acquire-Dows-sodium-borohydride-business-Valfilm-buys-polyolefin-films-plant_65923.html
December 5, 2014
The North American subsidiary of Airbus has signed a memorandum of understanding with Emerging Fuels Technology (EFT; Broken Arrow, OK) to promote EFT in the commercialization of...
http://www.chemweek.com/regions/north_america/Airbus-to-promote-syngas-to-transportation-fuel-technology_65918.html
December 5, 2014
Arbor Pharmaceuticals (Atlanta), a specialty pharmaceutical company, said on Thursday that private equity firm KKR is acquiring a “significant minority stake” in the...
http://www.chemweek.com/regions/north_america/KKR-acquires-stake-in-US-company-Arbor-Pharmaceuticals_65914.html
December 5, 2014
DuPont says that it has appointed Matthias Heinzel as president/nutrition and health, effective 1 January 2015. Heinzel will succeed Craig Binetti, who is retiring following 38 years...
http://www.chemweek.com/regions/north_america/us/DuPont-appoints-new-president-of-nutrition-and-health_65911.html
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