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July 10, 2014
Private equity firms Kohlberg Kravis Roberts (KKR) and Riverstone have signed a definitive agreement to merge the assets held by the KKR's natural resources subsidiary with the assets...
http://www.chemweek.com/regions/north_america/us/Private-equity-firms-merge-oil-and-gas-assets-form-largest-operator-in-the-Barnett-Shale_62388.html
July 10, 2014
The German chemical industry is in favor of the transatlantic trade and investment partnership (TTIP), currently being negotiated between the European Union and the United States, says...
http://www.chemweek.com/regions/north_america/us/VCIs-Kley-Germanys-chemical-industry-in-favor-of-TTIP_62395.html
July 10, 2014
Dow Chemical has declared force majeure (FM) on vinyl acetate monomer (VAM) produced at Texas City, TX, where the company’s 365,000-m.t./year VAM plant remains offline following a planned maintenance turnaround, says a company source. The company will issue a letter to customers by 3 July, the source says....
http://www.chemweek.com/regions/north_america/us/Dow-declares-force-majeure-on-VAM-Texas-City-plant-remains-offline-update_62221.html
July 10, 2014
CW has learned that PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest chemicals company, is seeking to buy its partner Perstorp out of their polyurethanes (PUs) joint...
http://www.chemweek.com/regions/north_america/us/PTT-Global-Chemical-to-buy-Perstorp-out-of-Vencorex-PUs-JV_62389.html
July 10, 2014
Dow Chemical says it is bringing its Texas City, TX, vinyl acrylate monomer (VAM) plant back online. Dow shut the unit down in late June to correct a mechanical issue and subsequently declared force majeure on the product....
http://www.chemweek.com/regions/north_america/us/Dow-begins-restart-of-Texas-City-VAM-plant_62383.html
July 9, 2014
Yesterday evening, the House of Representatives, with bipartisan support, passed the Chemical Facility Anti-Terrorism Standards (CFATS) Program Authorization and Accountability Act of...
http://www.chemweek.com/regions/north_america/us/Congress-passes-CFATS-Reauthorization-Act_62371.html
July 9, 2014
KBR said today that its building group subsidiary has been awarded a contract by Purdue Pharma Manufacturing to build a oral solid-dosage manufacturing plant at Durham, NC. The...
http://www.chemweek.com/regions/north_america/us/KBR-to-build-manufacturing-facility-for-Purdue-Pharma_62382.html
July 9, 2014
Compass Minerals says that CFO Rodney Underdown will leave the company on 31 December to pursue other professional interests. The company says its external search for a new CFO is...
http://www.chemweek.com/regions/north_america/us/Compass-Minerals-CFO-to-step-down_62370.html
July 9, 2014
Two workers were injured on 7 July by a fire at Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) Port Arthur, TX, facility. CPChem says the cause of the fire has not yet been determined. The company has not said what part of the facility has been affected, but sources in the market believe it is the 853,000-m.t./year ethylene plant, which could be out of commission for up to two weeks....
http://www.chemweek.com/regions/north_america/us/Update-Two-injured-in-fire-at-CPChems-Port-Arthur-TX-facility_62373.html
July 9, 2014
Salix Pharmaceuticals (Raleigh, NC) and Cosmo Pharmaceuticals (Lainate, Italy) have announced a definitive merger agreement under which Salix, a pharma company specializing in drugs...
http://www.chemweek.com/regions/north_america/us/Salix-Pharmaceuticals-and-Cosmo-Tech-to-merge_62362.html
July 8, 2014
Two workers were injured on 7 July by a fire at Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) Port Arthur, TX, facility. CPChem says the cause of the fire has not yet been determined....
http://www.chemweek.com/regions/north_america/us/Two-injured-in-fire-at-CPChems-Port-Arthur-TX-facility_62356.html
July 8, 2014
Cytec and Dralon (Cologne) say they are exploring collaborating to develop and market large tow industrial-grade carbon fiber for industrial applications. The collaboration would...
http://www.chemweek.com/regions/north_america/us/Cytec-and-Dralon-announce-industrial-grade-carbon-fiber-collaboration_62347.html
July 8, 2014
Cambridge Major Laboratories (CML; Germantown, WI), a producer of pharmaceutical intermediates and active pharmaceutical ingredients (APIs); and AAIPharma Services (Wilmington, NC), a...
http://www.chemweek.com/regions/north_america/us/Merged-Cambridge-Major-and-AAIPharma-appoint-former-Lonza-executive-as-new-CEO_62344.html
July 7, 2014
Sanofi (Paris) said today that the US FDA has accepted for review the company’s new drug application for Toujeo, an investigational basal insulin. This follows the acceptance of...
http://www.chemweek.com/regions/north_america/us/FDA-accepts-Sanofis-new-diabetes-drug-application_62335.html
July 7, 2014
Renewable chemicals firm BioAmber (Minneapolis) today announced that it has signed a 210,000-m.t./year take-or-pay contract for biobased succinic acid with Vinmar International. ...
http://www.chemweek.com/regions/north_america/us/Vinmar-signs-biobased-succinic-acid-offtake-deal-with-BioAmber_62334.html
July 7, 2014
RPM International today announced that its Rust-Oleum specialty cleaners group has acquired Krud Kutter (Cumming, GA), a producer of cleaners and removers for residential, commercial...
http://www.chemweek.com/regions/north_america/us/RPM-acquires-specialty-cleaner-maker-Krud-Kutter_62271.html
July 7, 2014

PetroLogistics (Houston) says the deadline for terminating its merger agreement with Flint Hills Resources to pursue alternative proposals from third parties passed on 7 July. Flint Hills, a subsidiary of Koch Industries, agreed in late May to acquire the propylene maker for $2.1 billion.

...

http://www.chemweek.com/regions/north_america/us/PetroLogistics-Flint-Hills-merger-firms-up_62270.html
July 7, 2014
Xellia Pharmaceuticals (Copenhagen), a world-leading producer of active pharma ingredients (APIs) and finished dosage forms, today announced it has acquired Fresenius Kabi’s...
http://www.chemweek.com/regions/north_america/us/Xellia-expands-into-the-US-by-acquiring-manufacturing-plant_62269.html
July 7, 2014
Private Equity firm CI Capital Partners (New York) has acquired specialty chemical distributor Maroon (Avon, OH). Maroon’s management team retains significant equity interest in...
http://www.chemweek.com/regions/north_america/us/Private-Equity-firm-acquires-specialty-chemical-distributor-Maroon-Group_62321.html
July 4, 2014
Hospira (Lake Forest, IL), the world's leading provider of injectable drugs and infusion technologies, announced on 4 July that it has completed the previously announced acquisition of...
http://www.chemweek.com/regions/north_america/us/Hospira-completes-acquisition-of-Orchids-API-manufacturing-and-R-and-D-facilities-in-India-for-$218-million_62258.html
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