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September 1, 2015
Flavors and fragrances manufacturer Givaudan (Vernier, Switzerland) says it has acquired 100% of the shares of Induchem Holding (Volketswil, Switzerland) and its subsidiaries...
http://www.chemweek.com/sections/business_finance/europe_mideast/Givaudan-acquires-Induchem_73325.html
August 31, 2015
Monsanto dropped plans to acquire Syngenta after its latest offer was rejected. A deal would have combined the world’s largest seeds company, Monsanto, with the world’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-drops-Syngenta-bid-agchems-reshuffle-possible_73284.html
August 31, 2015
Evonik Industries has started up plants for C4-based products at its Marl, Germany, site, part of a three-digit million-euro investment for these products in Europe. The plants were...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-starts-up-C4-expansion-at-Marl-using-new-technology_73322.html
August 31, 2015
Corbion (Gorinchem, Netherlands) and Perstorp (Perstorp, Sweden) have announced a lactide-caprolactone copolymer for hot melt adhesives. The new copolymer is the result of a long-term...
http://www.chemweek.com/sections/business_finance/europe_mideast/Corbion-and-Perstorp-announce-lactide-caprolactone-copolymer-for-hot-melt-adhesives_73320.html
August 28, 2015
PPG Industries has announced plans to acquire from holding company Madinal Enterprises the 50% stake in Chemfil Canada (Windsor, ON) it does not already own. Terms have not been...
http://www.chemweek.com/sections/business_finance/usa_americas/PPG-Industries-to-acquire-all-of-Chemfil-Canada-JV_73283.html
August 28, 2015
LyondellBasell Industries CEO Bob Patel expects to announce a polyethylene (PE) project later this year, according to a report in the Houston Chronicle. The plant could be located in...
http://www.chemweek.com/sections/business_finance/usa_americas/Report-LyondellBasell-plans-PE-investment-in-Texas_73285.html
August 28, 2015
Dow Chemical said on 18 August that it expects to achieve full propylene production rates by the fourth quarter at the company’s propane dehydrogenation (PDH) facility at...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-expects-full-propylene-rates-in-fourth-quarter-at-new-PDH-plant_73292.html
August 28, 2015
Haverhill Chemicals’ (Houston) CEO Alberto Spera has confirmed that he is leaving the company, after meetings with prospective buyers of the company took place in mid-August. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Haverhill-CEO-leaving-fate-of-company-still-in-the-balance_73293.html
August 28, 2015
Louis Dreyfus Commodities (LDC; Rotterdam) is adding a glycerin refinery to its soybean crushing and biodiesel plant at Claypool, IN. The refinery’s construction is expected to be...
http://www.chemweek.com/sections/business_finance/usa_americas/Louis-Dreyfus-Commodities-adds-glycerin-refinery-at-Indiana-site_73294.html
August 28, 2015
Clariant says it sees strong potential in North America and is targeting above-market revenue growth of 7%/year in the region through 2020. Clariant aims to deliver North American sales of $1.8 billion in 2020, up from $1 billion in 2014....
http://www.chemweek.com/sections/business_finance/usa_americas/Clariant-targets-North-America-growth-opportunities_73295.html
August 28, 2015
Northern Plains Nitrogen (NPN; Valley City, ND) says it has received a construction permit for a previously announced, $2-billion fertilizer complex at Grand Forks, ND. The company...
http://www.chemweek.com/sections/business_finance/usa_americas/North-Dakota-approves-fertilizer-project-another-is-canceled_73286.html
August 28, 2015
Chemours will close its Edgemoor, DE, titanium dioxide (TiO2) plant by the end of September as product margins slump and the company nears completing a 200,000-m.t./year unit at Altamira, Mexico. Chemours also plans to shut a TiO2 line at its New Johnsonville, TN, site....
http://www.chemweek.com/sections/business_finance/usa_americas/Chemours-to-close-Edgemoor-DE-titanium-dioxide-plant_73287.html
August 28, 2015
PolyOne says it has begun closing its Granby, PQ, facility, part of a restructuring process aimed at streamlining production and increasing efficiency following the October 2013...
http://www.chemweek.com/sections/business_finance/usa_americas/PolyOne-closes-facility-in-Canada-shifts-production_73288.html
August 28, 2015
PQ (Malvern, PA) and Eco Services Operations (Cranbury, NJ) say they are combining in an equity-for-equity transaction expected to close in the fourth quarter. George Biltz, president...
http://www.chemweek.com/sections/business_finance/usa_americas/PQ-gains-sulfuric-acid-with-addition-of-Eco-Services_73289.html
August 28, 2015
LyondellBasell Industries says it has accepted Yacimientos Petrolíferos Fiscales (YPF; Buenos Aires) and Grupo Inversor Petroquímica's (GIP; Madrid) joint offer to purchase LyondellBasell's wholly owned polypropylene (PP) subsidiary Petroken Petroquímica Ensenada (Buenos Aires)....
http://www.chemweek.com/sections/business_finance/usa_americas/Argentinas-YPF-returns-to-PP-market-with-two-acquisitions_73290.html
August 28, 2015
Rayonier Advanced Materials (RYAM; Jacksonville, FL) has filed suit against Eastman Chemical in a dispute over the conditions of their speciality cellulose products supply and purchase...
http://www.chemweek.com/sections/business_finance/usa_americas/Rayonier-Eastman-sue-each-other-over-specialty-cellulose-supply-deal_73291.html
August 28, 2015
Borealis, Europe’s second-largest producer of polyolefins and a growing player in fertilizers, has announced second-quarter net profits more than doubled on the back of tight polyolefins supply and lower feedstock costs. Net profit in the quarter soared to €351 million ($397.7 million) from €143 million in the year-earlier period. Sales were down slightly, €2.04 billion compared with €2.09 billion....
http://www.chemweek.com/sections/business_finance/europe_mideast/Borealis-expects-best-year-on-tight-markets_73226.html
August 28, 2015
Sasol (Johannesburg) says that it is not pursuing any prospects in Iran at this time. The company clarified its position on 24 August in response to reports quoting Abbas Sha’ri...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sasol-clarifies-position-on-Iran_73227.html
August 28, 2015
Evonik Industries has confirmed that it is looking to strengthen its performance materials business, which includes acrylic monomers and polymers, with options that could include forming partnerships or selling the business....
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-Industries-to-partner-or-divest-performance-materials_73240.html
August 28, 2015
Uralkali (Berezniki, Russia), one of the world’s largest producers of potash, says that its board has approved a $1.32-billion buyback of up to 14% of the company’s shares...
http://www.chemweek.com/sections/business_finance/europe_mideast/Uralkali-share-buyback-brings-possible-Uralchem-merger-closer_73241.html
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