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December 3, 2013
The U.S. Department of Labor’s Occupational Safety and Health Administration announced today that it is seeking public comment on potential revisions to its Process Safety...
http://www.chemweek.com/regions/north_america/us/OSHA-seeks-input-on-chemical-safety-standards_57062.html
December 3, 2013
Nexeo Solutions (The Woodlands, TX) has completed its acquisition of Chemical Specialists Development (CSD; Conroe, TX), also known as Startex Chemical. The acquisition will help the...
http://www.chemweek.com/regions/north_america/us/Nexeo-Solutions-completes-CSD-acquisition_57050.html
December 3, 2013
Sabic's Innovative Plastics business announced today that it is making two investments at its Mount Vernon, IN site to “increase the business’ global competitiveness and...
http://www.chemweek.com/regions/north_america/us/Sabic-plans-efficiency-investments-at-Mount-Vernon-site_57049.html
December 3, 2013
Green Biologics (Abingdon, UK), has closed a £15.4-million ($25.2 million) series B financing round led by venture capital firm Sofinnova Partners (Paris) and Swire Group...
http://www.chemweek.com/regions/north_america/us/Green-Biologics-closes-£15-4-million-financing-round-to-fund-US-renewable-chemical-project_57043.html
December 3, 2013
LSB Industries says its Pryor, OK facility, which had been shut down in October for unplanned maintenance and to improve equipment reliability, will resume production this month. The...
http://www.chemweek.com/regions/north_america/us/LSB-Industries-to-restart-Pryor-facility-this-month_57051.html
December 3, 2013
Ingleside Ethylene, the recently formed 50-50 joint venture between OxyChem, a subsidiary of Occidental Petroleum; and Mexichem, today announced that CB&I was awarded the...
http://www.chemweek.com/regions/north_america/us/CB-and-I-awarded-$1-billion-contract-for-OxyChem-Mexichem-cracker_57020.html
December 3, 2013
PotashCorp announced today that it is taking the “difficult but necessary” step to reduce its workforce in Canada, the United States, and Trinidad by approximately 18%...
http://www.chemweek.com/regions/north_america/us/PotashCorp-to-slash-more-than-1000-jobs-close-plants-to-improve-performance_57046.html
December 3, 2013
A. Schulman says that it has completed its previously announced acquisition of Network Polymers (Akron, OH), a niche engineered plastics compounding and distribution business, for...
http://www.chemweek.com/regions/north_america/us/Schulman-completes-acquisition-of-Network-Polymers_57040.html
December 2, 2013
RPM is issuing $200 million in convertible bonds to pay down an equivalent amount of 6.25% bonds that were due later this month. The new bonds are convertible to cash, RPM stock, or...
http://www.chemweek.com/regions/north_america/us/RPM-refinances-debt-with-convertible-bonds_57039.html
December 2, 2013
Dow Chemical is carving out a $5-billion chunk of its chlorine value chain for disposal as part of the company’s long-term shift to higher-margin, noncyclical activities, Dow announced on 2 December. Over 40 manufacturing facilities at 11 sites and nearly 2,000 employees will be affected. The assets are to be split into three units: epoxy, chlorinated organics, and North American chlor-alkali and vinyl....
http://www.chemweek.com/regions/north_america/us/Dow-carves-out-$5-billion-in-chlor-alkali-and-epoxy-assets-for-disposal_57029.html
December 2, 2013
Pure Bioscience (El Cajon, CA), an antimicrobial producer, has announced it has signed a three-year distribution agreement with Brenntag—providing the rights to distribute...
http://www.chemweek.com/regions/north_america/us/Pure-Bioscience-signs-distribution-agreement-with-Brenntag_57027.html
December 2, 2013
W.R.Grace announced today that it has completed its previously announced acquisition of Dow’s polypropylene (PP) licensing and catalysts business for $500 million. The...
http://www.chemweek.com/regions/north_america/us/Grace-completes-acquisition-of-Dows-PP-catalysts_57025.html
December 2, 2013
Glenmark Pharmaceuticals (Mumbai, India) says it has appointed Philip Gioia as president/North America and global active pharmaceutical ingredients (APIs). Gioia will be based at...
http://www.chemweek.com/regions/north_america/us/Glenmark-appoints-head-of-APIs-and-North-America-operations_57015.html
November 29, 2013
Altana has issued a €200-million ($272.1 million) debt instrument, a so-calledSchuldschein, to partly refinance the acquisition of Rockwood's rheology business, which was...
http://www.chemweek.com/regions/north_america/us/Altana-to-refinance-rheology-acquisition-loan_57005.html
November 28, 2013
Kaneka (Osaka, Japan) says it has opened a new R&D facility at Texas A&M University (College Station, TX). The center will be managed by Kaneka Americas Holding (Pasadena, TX)...
http://www.chemweek.com/regions/north_america/us/Kaneka-opens-research-facility-in-US_56992.html
November 27, 2013
Dow Corning says it will buy out Mitsubishi Materials’ (Tokyo) stake in Hemlock Semiconductor Group joint ventures for $240 million. Dow Corning has purchased Mitsubishi Materials’ 12.125% ownership share in both Hemlock Semiconductor Corp. and Hemlock Semiconductor LLC. The deal increases Dow Corning’s stake in Hemlock Semiconductor Corp. to 80.5% and in Hemlock Semiconductor LLC to 100%.  Shin-Etsu maintains a 19.5% stake in Hemlock Semiconductor Corp....
http://www.chemweek.com/regions/north_america/us/Dow-Corning-buys-Mitsubishi-Materials-stake-in-Hemlock-Semiconductor_56981.html
November 26, 2013
Merck KGaA (Darmstadt, Germany) is looking to strengthen its presence in the prescription pharmaceuticals market in the United States and is open to more collaborations and...
http://www.chemweek.com/regions/north_america/us/Merck-KGaA-eyes-pharma-acquisitions-in-the-US-strengthens-ties-with-Israeli-firms_56959.html
November 26, 2013
ACC reported today that the group’s monthly Chemical Activity Barometer (CAB) rose 0.1% in November on a three-month moving average (3MMA) basis. The CAB is up 2.8% year-on-year...
http://www.chemweek.com/regions/north_america/us/ACCs-CAB-rises-in-November_56958.html
November 26, 2013
German chemical companies have invested more money abroad than domestically for the first time since 2001, chemical industry association VCI (Frankfurt) says. Fixed foreign...
http://www.chemweek.com/regions/north_america/us/German-chemical-companies-boost-US-investment-while-domestic-spending-stagnates_56940.html
November 26, 2013
DIC (Tokyo) says it will invest $10 million to build a new extraction plant for its Linablue natural blue food coloring. The new facility will be located at the site of Earthrise...
http://www.chemweek.com/regions/north_america/us/DIC-to-build-food-coloring-plant-in-US_56953.html
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