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December 16, 2013
MACROECONOMIC STATUS Our running tab of positive indicators remained steady at 17 out of 20 this week. Thus, we continue to post a green banner. Consumer Debt up 0.6%; up 6.3% Y/Y...
http://www.chemweek.com/regions/north_america/us/ACCs-economic-outlook-for-the-week-ended-13-Dec-2013_57422.html
December 16, 2013
The company says its board has formed a search committee to identify a successor, and Utt will hold his position until a replacement is found....
http://www.chemweek.com/regions/north_america/us/KBR-CEO-to-retire_57421.html
December 16, 2013
Sinochem (Beijing) has extended its agreement to buy potash from the North American potash cartel Canpotex by one year, Sinochem said on Friday. Canpotex,  owned by PotashCorp...
http://www.chemweek.com/regions/north_america/us/Sinochem-extends-potash-supply-contract-with-Canpotex_57411.html
December 13, 2013
Praxair announced today several key changes to its senior leadership team, effective 1 January 2014. Anne Roby has been named senior v.p. of global supply systems, R&D, global...
http://www.chemweek.com/regions/north_america/us/Praxair-announces-senior-leadership-changes_57406.html
December 13, 2013
FMC says it has agreed to sell its peroxygens, or hydrogen peroxide, business, to private equity firm One Equity Partners (New York) for $200 million. One Equity is the private equity...
http://www.chemweek.com/regions/north_america/us/FMC-to-sell-hydrogen-peroxide-business-to-One-Equity-Partners_57395.html
December 13, 2013
Aurobindo Pharma (Hyderabad) said today that it has received final approval from the FDA to manufacture and market duloxetine hydrochloride delayed-release capsules 20, 30 and 60 mg...
http://www.chemweek.com/regions/north_america/us/Aurobindo-receives-FDA-approval-for-generic-Cymbalta_57388.html
December 13, 2013
A US federal judge has ruled in favour of Tronox Incorporated, the predecessor company of Tronox Ltd., in a case brought against Anadarko Petroleum, which acquired Tronox’s...
http://www.chemweek.com/regions/north_america/us/Tronox-wins-bankruptcy-related-judgement-against-Anadarko_57381.html
December 13, 2013
Solazyme (South San Francisco), a renewable oil and bioproducts company, says it has appointed David Cole as president effective 1 January 2014. He has also been elected to...
http://www.chemweek.com/regions/north_america/us/Solazyme-appoints-new-president_57379.html
December 13, 2013
Ampac Fine Chemicals (AFC; Rancho Cordova, CA), a subsidiary of American Pacific (Las Vegas), reports an 88.2% fall in operating profits for its fiscal fourth quarter ended 30...
http://www.chemweek.com/regions/north_america/us/Ampac-Fine-Chemicals-reports-fall-in-profits-and-sales_57378.html
December 12, 2013
W.R. Grace says the company is targeting an exit from Chapter 11 bankruptcy on or about 31 January 2014, general counsel Mark Shelnitz told investors during a conference call today...
http://www.chemweek.com/regions/north_america/us/W-R-Grace-expects-bankruptcy-exit-by-end-of-January_57356.html
December 12, 2013
Calgon Carbon announced today that board chairman Seth Schofield, will be retiring at the end of his term and will not run for re-election. He will continue to serve as a director and...
http://www.chemweek.com/regions/north_america/us/Calgon-Carbon-chairman-to-retire_57314.html
December 12, 2013
Dow Chemical, Cargill, and Life Technologies (Austin, TX) were among the winners of EPA’s 2013 Presidential Green Chemistry Challenge Award for work promoting chemical...
http://www.chemweek.com/regions/north_america/us/Dow-Cargill-among-EPA-green-chemistry-award-winners_57320.html
December 12, 2013
Private equity firm Apollo Management (New York) has priced its secondary public offering, which was announced earlier this week, of 10 million Taminco shares at $20/share. Apollo, the...
http://www.chemweek.com/regions/north_america/us/Apollo-prices-Taminco-share-offer_57317.html
December 12, 2013
Sun Pharmaceutical Industries (Mumbai) and Lupin (Mumbai), two leading pharma producers for the global markets, announced today that their US subsidiaries have gained FDA approvals for...
http://www.chemweek.com/regions/north_america/us/Sun-Pharma-and-Lupin-receive-FDA-approvals-for-generic-Cymbalta_57312.html
December 12, 2013
Frutarom Industries (Haifa, Israel), the flavors and specialty ingredients  company, announced today that it has acquired Hagelin & Co. (Branchburg, NJ) for $52.4 million in...
http://www.chemweek.com/regions/north_america/us/Frutarom-Industries-acquires-US-flavors-company-Hagelin-and-Co-_57302.html
December 11, 2013
US chemical makers are firmly “back in the game” thanks to the cost advantage enabled by low-cost shale feedstocks, according to ACC’s year-end review and outlook. US chemical production was up 1.6% in 2013 and is expected to rise 2.5% in 2014 and 3.5% in 2015, says Kevin Swift, ACC chief economist and managing director. “Following a decade of lost competitiveness, American chemistry is reemerging as a growth industry,” Swift says....
http://www.chemweek.com/regions/north_america/us/US-chemicals-production-set-to-accelerate-on-shale-benefit_57272.html
December 11, 2013
Airgas announced today that it plans to expand its atmospheric gas production capacity in New England by building a second air separation unit (ASU) at its Bozrah, CT, merchant gases...
http://www.chemweek.com/regions/north_america/us/Airgas-to-build-air-separation-unit-in-Connecticut_57271.html
December 11, 2013
Calysta Energy (Menlo Park, CA) has completed a series-A financing round totaling $3 million, the company announced today. The financing was led by Pangaea Ventures (Vancouver, BC) and...
http://www.chemweek.com/regions/north_america/us/Biobased-chemicals-start-up-completes-$3-million-financing-round_57270.html
December 11, 2013
Lonza and BioWa (La Jolla, CA), a wholly owned subsidiary of biopharmaceutical company Kyowa Hakko Kirin (Tokyo), have entered into a licensing agreement with MedImmune (Gaithersburg...
http://www.chemweek.com/regions/north_america/us/Lonza-and-BioWa-sign-licensing-agreement-with-AstraZeneca_57267.html
December 11, 2013
FLNG Liquefaction and FLNG Liquefaction 2 have awarded two contracts, each valued at approximately $2.5 billion, to a joint venture between CB&I and Zachry Industrial to...
http://www.chemweek.com/regions/north_america/us/CB-and-I-and-Zachry-awarded-contracts-for-LNG-liquefaction-terminal-at-Freeport_57264.html
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