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March 10, 2014
Minerals Technologies today announced that it has entered into an agreement to buy Amcol (Hoffman Estates, IL) for about $1.7 billion, or $45.75/share in cash, ending a weeks-looking...
http://www.chemweek.com/regions/north_america/us/MTI-to-acquire-Amcol_59437.html
March 10, 2014
Generic drug manufacturer Amneal Pharmaceuticals (Bridgewater, NJ) and biotech company Intrexon (Germantown, MD) say that they have entered into a collaboration to develop an improved...
http://www.chemweek.com/regions/north_america/us/Amneal-and-Intrexon-collaborate-for-API-production_59436.html
March 10, 2014
Celanese has signed a supply agreement with Airborne Oil & Gas (Ijmuiden, Netherlands) for the development and supply of thermoplastic composite materials, to be used to...
http://www.chemweek.com/regions/north_america/us/Celanese-signs-agreement-for-thermoplastic-composites-for-pipes_59426.html
March 7, 2014
Bayer MaterialScience (BMS) has acquired DuPont’s Baytown, TX–based aniline production plant, BMS said earlier this week. Financial terms have not been disclosed. Aniline...
http://www.chemweek.com/regions/north_america/us/Bayer-MaterialScience-buys-DuPonts-Baytown-aniline-plant_59405.html
March 7, 2014
Prices of rare earths edged down at the start of 2014 to their lowest levels since early 2011, due to lukewarm demand and healthy inventories, but prices will climb modestly as buyers...
http://www.chemweek.com/regions/north_america/us/IHS-Rare-earth-prices-to-rise-in-2014_59417.html
March 7, 2014
Amcol’s (Hoffman Estates, IL) board of directors today said it found Minerals Technologies’ (MTI) latest, $45.75/share, bid to acquire the bentonite producer to be...
http://www.chemweek.com/regions/north_america/us/Amcol-board-says-it-may-accept-latest-MTI-bid_59410.html
March 7, 2014
The sale of Plextronics (Pittsburgh) to Solvay USA (Houston), a Solvay subsidiary, for $32.6 million has been approved by the Bankruptcy Court of Delaware, according to court records...
http://www.chemweek.com/regions/north_america/us/Reports-Delaware-court-green-lights-Solvays-acquisition-of-Plextronics_59402.html
March 7, 2014
Minerals Technologies (MTI) this morning submitted a $45/share bid for Amcol (Hoffman Estates, IL), raising the possibility of an intensified bidding war between it and Imerys for the...
http://www.chemweek.com/regions/north_america/us/Minerals-Technologies-raises-Amcol-bid-to-$45share_59268.html
March 6, 2014
Shin-Etsu (Tokyo) is studying plans to build a US world-scale ethylene plant, executive chairman Chihiro Kanagawa tells CW. Shin-Etsu is the largest US and global maker of PVC and currently purchases all of its US ethylene requirements under long-term contracts....
http://www.chemweek.com/regions/north_america/us/Shin-Etsu-evaluating-US-ethylene-investment_59392.html
March 6, 2014
Chemicals sector rail traffic in North America fell 2.9% year-on-year (YOY) during the week ended 1 March, to 43,986 cars, according to the Association of American Railroads (AAR...
http://www.chemweek.com/regions/north_america/us/Chemicals-sector-rail-traffic-declines-2-9-percent_59390.html
March 6, 2014
Mineral Technologies (MTI) announced this morning that it has raised its bid to acquire bentonite and minerals producer Amcol to $45.75/share, beating Imerys’s latest bid of...
http://www.chemweek.com/regions/north_america/us/MTI-raises-Amcol-bid-to-$45-75share_59373.html
March 6, 2014
Celanese has announced that it has signed a two-year extension to its existing contract with the Aachen Center for Lightweight Production (AZL; Aachen, Germany). The parties are...
http://www.chemweek.com/regions/north_america/us/Celanese-extends-research-contract-for-thermoplastic-composites_59371.html
March 6, 2014
Taminco announced today it completed, 23 December 2013, the previously announced acquisition of Kemeria Oyj’s formic acid business, including the feed and the airport runway...
http://www.chemweek.com/regions/north_america/us/Taminco-completes-acquisition-of-Kemiras-formic-acid-business_59374.html
March 6, 2014
Airgas announced today that it is reorganizing its North Central distribution region into two separate regions within the company’s North division—a redefined North Central...
http://www.chemweek.com/regions/north_america/us/Airgas-reorganizes-North-Central-distribution-region_59372.html
March 6, 2014
PolyOne says it has launched NEU View Radiopaque Translucent Solutions, a polymer formulation that provides catheter manufacturers and health-care professionals enhanced material...
http://www.chemweek.com/regions/north_america/us/PolyOne-launches-technology-to-serve-health-care-industry_59357.html
March 6, 2014
Dow Chemical says that it will build a new R&D facility at Lake Jackson, TX, near its largest manufacturing site at Freeport, TX. The new center will replace several of the...
http://www.chemweek.com/regions/north_america/us/Dow-to-build-R-and-D-facility-in-Texas_59353.html
March 5, 2014
The former hydrogen peroxide unit of FMC, the sale of which was finalized on Monday, has been renamed PeroxyChem. The business is now owned by One Equity Partners (New York), the...
http://www.chemweek.com/regions/north_america/us/Former-FMC-hydrogen-peroxide-unit-renamed-PeroxyChem_59350.html
March 5, 2014
Ashland announced today that it is closing its unsaturated polyester resin (UPR) and gelcoats manufacturing plant at Kelowna, BC, effective 27 June. Six other sites in North America...
http://www.chemweek.com/regions/north_america/us/Ashland-shutters-UPR-and-gelcoats-plant-in-Canada_59338.html
March 5, 2014
Liquid Light (Monmouth Junction, NJ) has unveiled a process for the production of high-volume chemicals from carbon dioxide (CO2), showcasing its demonstration-scale "reaction...
http://www.chemweek.com/regions/north_america/us/US-start-up-develops-cost-advantaged-process-to-make-high-volume-chemicals-from-CO2_59327.html
March 4, 2014
Evonik Industries said today that it has acquired Silbond Corporation (Weston, MI), a leading supplier of silicic acid esters. The transaction, with a purchase price in the...
http://www.chemweek.com/regions/north_america/us/Evonik-acquires-Silbond-a-producer-of-silicic-acid-esters_59303.html
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