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January 7, 2015
Monsanto today reported a 35% slide in first-quarter profits due to lower corn acres in South America and a shift in timing of herbicide sales,  but said it continues to expect...
http://www.chemweek.com/regions/north_america/us/Lower-corn-acres-stunt-Monsantos-first-quarter-results_66616.html
January 7, 2015
Shanghai Pret Composites says it plans to acquire Wellman Plastics Recycling (WPR; Johnsonville, SC) for $70.5 million in cash. WPR has two business units—engineering resins and...
http://www.chemweek.com/regions/north_america/us/Chinese-firm-to-buy-Wellman-Plastics-Recycling-for-$71-million_66609.html
January 7, 2015
Mexichem says that it has acquired from DuPont the distribution and sale license for pharmaceutical-grade hydrofluorocarbon (HFC)-227ea/P, a medical propellant. The purchase price was...
http://www.chemweek.com/regions/north_america/us/Mexichem-acquires-distribution-and-sale-license-for-DuPont-pharmaceutical-grade-propellant_66605.html
January 7, 2015
BioAmber (Minneapolis), an industrial biotechnology company producing sustainable chemicals, says that CFO Andrew Ashworth retired on 31 December 2014 and Francois Laurin has been...
http://www.chemweek.com/regions/north_america/us/BioAmber-appoints-new-CFO_66602.html
January 7, 2015
Honeywell says it has begun full-scale commercial production of HFO-1234ze, a new, low-global-warming-potential hydrofluorocarbon, at its fluorine products facility in Baton Rouge. The material is used as an aerosol propellant, insulating agent, and refrigerant....
http://www.chemweek.com/regions/north_america/us/Honeywell-begins-producing-new-hydrofluorocarbon-at-Baton-Rouge_66580.html
January 7, 2015
A European Parliament committee has called on the European Commission, in a draft opinion, to “exclude any terms in the transatlantic trade and investment pact (TTIP) that would...
http://www.chemweek.com/regions/north_america/us/European-Parliament-calls-for-chemical-regulations-ISDS-to-be-excluded-from-TTIP-negotiations_66575.html
January 6, 2015
A. Schulman today reported fiscal first-quarter net income from continuing operations up 6.5% year-on-year (YOY), to $13.2 million, on sales up 5%, to $615.1 million. Adjusted earnings...
http://www.chemweek.com/regions/north_america/us/A-Schulman-beats-estimates-on-higher-sales_66600.html
January 6, 2015
Monsanto and FMC's agricultural segment say they have broadened their collaboration aimed at offering farmers pesticides. Under the terms of the agreement, the companies' Roundup Ready...
http://www.chemweek.com/regions/north_america/us/Monsanto-and-FMC-expand-crop-protection-cooperation_66588.html
January 6, 2015
Agrium says it has signed a definitive agreement to sell its Niota and Meredosia, IL, storage and distribution facilities to subsidiaries of Trammo for approximately $50.0...
http://www.chemweek.com/regions/north_america/us/Agrium-sells-two-Illinois-distribution-facilities_66587.html
January 6, 2015
Cabot Microelectronics today announced three new executive appointments. Yumiko Damashek, currently v.p./Asia and Japan, has been named v.p./operations and quality, replacing Adam...
http://www.chemweek.com/regions/north_america/us/Cabot-Microelectronics-names-new-executives_66585.html
January 6, 2015
Benzene contracts for January were settled in the United States last week at $2.20/gal ($658/m.t.), a steep, 35% decline from December’s $3.37/gal and the lowest value in more than five years, according to data from IHS Chemical....
http://www.chemweek.com/regions/north_america/us/Benzene-contracts-settle-in-US-at-five-year-low_66579.html
January 5, 2015
An arbitrage on benzene, which had opened up between the United States and Europe during the holiday period, closed rapidly today as traders returned to the market in bearish mood...
http://www.chemweek.com/regions/north_america/us/US-Europe-benzene-arbitrage-window-shuts_66554.html
January 5, 2015
American Vanguard (Amvac) today named Bob Trogele executive v.p. and COO of its chemicals arm, its main operating subsidiary. Trogele will be responsible for global business...
http://www.chemweek.com/regions/north_america/us/Amvac-names-former-FMC-exec-COO_66553.html
January 5, 2015
Magnolia LNG (MLNG; Perth, Australia) has signed a technical services agreement with KBR and an updated engineering, procurement, and construction (EPC) contract with SK's engineering...
http://www.chemweek.com/regions/north_america/us/Australian-firm-signs-deals-with-KBR-SK-to-forward-Louisiana-LNG-project_66542.html
January 5, 2015
Solvay has completed the acquisition of Chevron Phillips Chemical's (CPChem) polyphenylene sulfide (PPS) business for $220 million, Solvay announced today. The deal was originally...
http://www.chemweek.com/regions/north_america/us/Solvay-completes-acquisition-of-CP-Chems-PPS-assets_66551.html
January 5, 2015
The number of new drugs approved by FDA last year rose to 41 from 27 in 2013, the highest number for 18 years. The 2014 approval list included 15 drugs for so-called orphan...
http://www.chemweek.com/regions/north_america/us/FDA-new-drug-approvals-rise-to-18-year-high_66541.html
January 5, 2015
Novartis has announced it completed, on 1 January, divesting its animal health division to Eli Lilly for approximately $5.40 billion. The deal is part of a comprehensive set of...
http://www.chemweek.com/regions/north_america/us/Novartis-completes-divestment-of-animal-health-business-to-Eli-Lilly-for-$5-4-billion_66540.html
January 5, 2015
SRF (Gurgaon), a leading Indian manufacturer of hydrofluorocarbon (HFC) refrigerants, has acquired the global HFC-134a pharmaceutical propellant gases business of DuPont for $20...
http://www.chemweek.com/regions/north_america/us/Indian-firm-acquires-DuPonts-Dymel-pharma-grade-HFC-134a-business_66538.html
January 2, 2015
Lubrizol says that it has completed the previously announced acquisition in the United States and Canada of Weatherford International’s global oilfield chemicals business, known...
http://www.chemweek.com/regions/north_america/us/Lubrizol-completes-acquisition-of-Weatherford-oilfield-chemicals-and-drilling-fluid-businesses_66534.html
December 31, 2014
Americas Styrenics says it is cutting transaction prices for all grades of polystyrene (PS) by 9 cts/lb, effective 1 January. The cut will “supersede all previously announced...
http://www.chemweek.com/regions/north_america/us/Americas-Styrenics-cuts-polystyrene-prices_66518.html
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