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December 6, 2013
Ecolab has increased its quarterly dividend by 20%, to 27.5 cts/share. Ecolab chairman and CEO Douglas Baker says the increase is due to “the continued growth and development we...
http://www.chemweek.com/regions/north_america/us/Ecolab-increases-dividend-by-20-percent_57170.html
December 6, 2013
Shell will not move forward with a proposed 140,000-bbl/day gas-to-liquids (GTL) project in Louisiana and will suspend all further work on the project, the company has announced. Shell...
http://www.chemweek.com/regions/north_america/us/Shell-shelves-$12-5-billion-US-Gulf-GTL-project_57163.html
December 6, 2013
Renmatix (King of Prussia, PA) and Virent (Madison) say they have entered into a strategic collaboration to convert affordable cellulosic sugars to renewable chemicals and biobased...
http://www.chemweek.com/regions/north_america/us/Renmatix-and-Virent-to-collaborate-on-biobased-chemicals_57166.html
December 6, 2013
Moberg Pharma (Stockholm) announced today that it has signed a deal to acquire three well-established OTC brands in the United States from Bayer HealthCare for 32 million Swedish...
http://www.chemweek.com/regions/north_america/us/Moberg-Pharma-acquires-three-OTC-brands-in-the-US-from-Bayer-HealthCare_57164.html
December 6, 2013
Koch Fertilizer says it will change its name to Koch Ag and Energy Solutions, with the newly renamed entity serving as a holding company for Koch Fertilizer, Koch Energy Services, and...
http://www.chemweek.com/regions/north_america/us/Koch-Fertilizer-forms-new-holding-company-changes-leadership_57162.html
December 5, 2013
W.R. Grace has announced that “none of the four parties with-asbestos related appeals to Grace’s plan of reorganization filed further appeals with the US Supreme...
http://www.chemweek.com/regions/north_america/us/Grace-moves-closer-to-bankruptcy-exit_57113.html
December 5, 2013
Sasol says it has appointed Stephen Cornell as executive v.p./international operations, with effect from 1 February 2014. Cornell will be based at Houston, and will report directly to...
http://www.chemweek.com/regions/north_america/us/Sasol-appoints-executive-v-p-international-operations_57100.html
December 5, 2013
ACC president and CEO Cal Dooley yesterday outlined a number of key policy issues, including an overhaul of the Toxic Substances Control Act (TSCA), a comprehensive energy policy, and...
http://www.chemweek.com/regions/north_america/us/TSCA-reform-energy-policy-top-ACCs-agenda_57107.html
December 5, 2013
Rentech Nitrogen announced today that repairs damage from a fire at its East Dubuque, IL facility, which occurred on 28 November, will cost about $1-2 million. The company says the...
http://www.chemweek.com/regions/north_america/us/Rentech-Nitrogen-reports-$2-million-damage-from-East-Dubuque-fire_57106.html
December 5, 2013
Amyris (Emeryville, CA) and Total have formed Total Amyris BioSolutions, a 50-50 joint venture that holds exclusive rights and a license under Amyris's intellectual property to produce...
http://www.chemweek.com/regions/north_america/us/Amyris-and-Total-form-jv-to-produce-and-market-renewable-diesel-and-jet-fuel_57105.html
December 5, 2013
Lion Copolymer (Baton Rouge, LA) will temporarily shut down its synthetic rubber plant at Baton Rouge, according to local media reports. The length of the closure is still to be...
http://www.chemweek.com/regions/north_america/us/Reports-Lion-Copolymer-to-shut-rubber-facility-at-Baton-Rouge-temporarily_57098.html
December 4, 2013
The American Cleaning Institute (ACI; Washington, DC) announced today that it has elected new members for its board. New directors include Dale Steichen, v.p. of surface chemistry and...
http://www.chemweek.com/regions/north_america/us/American-Cleaning-Institute-names-new-board-members_57076.html
December 4, 2013
CF Industries’ shares surged up over 9%, to $235.17/share, today after the company announced partnership talks at Citi’s Basic Materials Symposium in New York. The company...
http://www.chemweek.com/regions/north_america/us/CF-Industries-shares-jump-on-MLP-talks_57092.html
December 4, 2013
RPM has priced the convertible bonds it issued earlier this week with a 2.25% annual interest rate, the company says. The bonds will be convertible into 18.905 shares of RPM common...
http://www.chemweek.com/regions/north_america/us/RPM-prices-convertible-bonds_57088.html
December 4, 2013
Sulphuric chemicals maker Chemtrade (Toronto) says it has acquired General Chemical (Parsippany, NJ) from private equity firm American Securities (New York) for $860 million. General...
http://www.chemweek.com/regions/north_america/us/Chemtrade-acquires-General-Chemical-from-private-equity-firm_57074.html
December 4, 2013
Several companies have emerged as potential buyers of Novartis’s animal health business, according to press reports. Novartis’s CEO, Joe Jimenez, said last month that the...
http://www.chemweek.com/regions/north_america/us/Companies-eyeing-Novartiss-animal-health-business_57072.html
December 4, 2013
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/Cambridge-Major-and-AAIPharma-appoint-CFO-of-merged-company_57069.html
December 4, 2013
Clariant says it is planning a second expansion of its ethoxylation site at Clear Lake at Pasadena, TX. The first expansion was completed last year. The second expansion will include...
http://www.chemweek.com/regions/north_america/us/Clariant-expands-ethoxylation-capacity-in-Texas_57067.html
December 4, 2013
The National Association of Chemical Distributors (NACD) has named Eric Byer as president and COO, effective 1 January 2014. Byer previously worked for law and government affairs...
http://www.chemweek.com/regions/north_america/us/NACD-names-Byer-as-new-president_57063.html
December 3, 2013
PolyOne says the company is raising its quarterly dividend by 33%, to 8 cts/share. The dividend will be payable on 9 January 2014 to shareholders of record as of 17 December. The...
http://www.chemweek.com/regions/north_america/us/PolyOne-raises-dividend-by-33-percent_57064.html
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