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October 7, 2014
Hedge fund FrontFour Capital (Greenwich, CT) today released a letter criticizing the management of Innophos Holdings, urging strategic changes, increased shareholder remuneration, and...
http://www.chemweek.com/regions/north_america/us/FrontFour-Capital-criticizes-Innophos-management-suggests-sale-of-company_64329.html
October 7, 2014
DuPont chair and CEO Ellen Kullman has been awarded the 2015 2015 International Palladium Medal by The Société de Chimie Industrielle—American Section for her...
http://www.chemweek.com/regions/north_america/us/DuPont-CEO-Ellen-Kullman-wins-2015-Palladium-Medal_64319.html
October 7, 2014
Platform Specialty Products is in advanced talks to acquire Arysta Life Science (Dublin), a maker of agricultural chemical products, from private equity firm Permira Advisers (London). Reports say the Arysta deal could be worth as much as $3.5 billion....
http://www.chemweek.com/regions/north_america/us/Reports-Platform-in-advanced-talks-to-acquire-Arysta_64307.html
October 6, 2014
HFO-1234yf, a hydrofluoroolefin-based refrigerant, will be used in 7 million automobiles by 2015 as refrigerants currently used in mobile air-conditioning (MAC) systems are phased out...
http://www.chemweek.com/regions/north_america/us/DuPont-New-refrigerant-to-be-in-7-million-cars-by-2015_64294.html
October 6, 2014
Huntsman is moving downstream into auto parts by integrating Gomet, an Italian producer of components for the automotive aftermarket, into its polyurethanes division. Huntsman acquired Gomet with the purchase of several chemical businesses from Rockwood Holdings, a deal that closed on 1 October....
http://www.chemweek.com/regions/north_america/us/Huntsman-integrates-polyurethanes-downstream-into-auto-parts_64291.html
October 6, 2014
Linde announced today that its first retail hydrogen fueling station in the United States is almost complete. The station is expected to be online before the end of the year and is...
http://www.chemweek.com/regions/north_america/us/Linde-announces-near-completion-of-first-hydrogen-fueling-station-in-US_64288.html
October 6, 2014
Cool Planet Energy Systems (Denver) was issued a $91-million conditional commitment from the US Department of Agriculture (USDA) for a loan guarantee to support the construction of the...
http://www.chemweek.com/regions/north_america/us/Cool-Planet-awarded-$91-million-in-loan-guarantees-for-Port-Alexandria-biorefinery_64282.html
October 6, 2014
Potash Ridge (Toronto) has entered into a nonbinding memorandum of understanding (MOU) with a third-party marketer for the sulfuric acid production from its Blawn Mountain...
http://www.chemweek.com/regions/north_america/us/Potash-Ridge-signs-sulfuric-acid-offtake-agreement_64278.html
October 3, 2014
Huntsman plans to build a world-scale, 400,000-m.t./year methylene di-para-phenylene isocyanate (MDI) plant at the company’s site at Geismar, LA. The company has commenced...
http://www.chemweek.com/regions/north_america/us/Huntsman-to-build-400000-m-t-year-MDI-plant-at-Geismar-site_64101.html
October 3, 2014
The European Commission today cleared Eli Lilly's proposed acquisition of Novartis’s animal health business. The commission’s investigation confirms that the...
http://www.chemweek.com/regions/north_america/us/EU-clears-Eli-Lillys-$5-4-billion-acquisition-of-Novartiss-animal-health-business_64259.html
October 3, 2014
Sagent Pharmaceuticals (Schaumburg, IL), a leader in specialty pharma products with a focus on the injectable market, has acquired Omega Laboratories (Montreal), a market-leading...
http://www.chemweek.com/regions/north_america/us/Sagent-Pharmaceuticals-buys-Omega-Laboratories_64253.html
October 3, 2014
Salix Pharmaceuticals (Raleigh, NC) and Cosmo Pharmaceuticals (Lainate, Italy) said on Thursday that they have agreed to terminate their previously announced agreement under which...
http://www.chemweek.com/regions/north_america/us/Pharma-merger-cancelled-as-Obama-Administration-tightens-tax-loophole_64252.html
October 3, 2014
Rentech Nitrogen (Los Angeles), North America’s largest producer of synthetic granular ammonium sulfate (AS) fertilizer, has announced plans to restructure its unprofitable...
http://www.chemweek.com/regions/north_america/us/Rentech-to-cut-jobs-and-fertilizer-output-at-Pasadena-facility_64251.html
October 2, 2014
Biobased succinic acid firm BioAmber (Minneapolis) today announced it has signed an exclusive supply agreement with Xuchuan, which plans to replace adipic acid with biobased succinic...
http://www.chemweek.com/regions/north_america/us/BioAmber-signs-biobased-succinic-acid-supply-deal-with-Xuchuan_64241.html
October 2, 2014
WadeCo Specialties (Midland, TX), which is owned by private equity firm Hastings Equity Partners (Boston), has acquired Elite Treating Solutions (Midland, TX) for an undisclosed sum...
http://www.chemweek.com/regions/north_america/us/WadeCo-Specialties-acquires-rival-oilfield-chemicals-firm_64238.html
October 2, 2014
Dow Chemical and ExxonMobil Chemical announced today they have signed a definitive agreement to restructure the ownership of Univation Technologies, their equally owned polyethylene...
http://www.chemweek.com/regions/north_america/us/ExxonMobil-Chemical-divests-its-stake-in-PE-licensing-JV-Univation-Technologies_64235.html
October 2, 2014
Dow expects to have buyers for the Angus Chemical Co., sodium borohydride, and AgroFresh businesses by the end of the year....
http://www.chemweek.com/regions/north_america/us/Dow-confirms-plans-to-sell-Angus-sodium-borohydride-and-AgroFresh_64237.html
October 2, 2014
Impreglon (Lüneburg, Germany), a global leader in surface technology, has acquired its sixth plant in the United States, which increases its number of plants worldwide to 36. The...
http://www.chemweek.com/regions/north_america/us/Impreglon-buys-production-plant-in-the-US_64228.html
October 2, 2014
EPA has granted a Greenhouse Gas Prevention of Significant Deterioration (GHG PSD) permit to OCI’s planned world-scale methanol plant at Beaumont, TX. At 1.75 million m.t./year, OCI’s plant will be the largest in the US when it begins production in late 2016, but it will hold the title for only one year if Southern Louisiana Methanol successfully commissions its 1.86 million  m.t./year plant in Convent, LA, in 2017....
http://www.chemweek.com/regions/north_america/us/EPA-grants-GHG-PSD-permit-to-OCIs-Beaumont-TX-methanol-project_64239.html
October 2, 2014
Bayer, which has just closed the acquisition of Merck & Co.’s OTC business, today announced that it is issuing a jumbo bond in 144A/Reg S format with a volume of $7 billion...
http://www.chemweek.com/regions/north_america/us/Bayer-launches-$7-billion-bond-to-finance-Merck-and-Co-OTC-acquisition_64223.html
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