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April 17, 2014
Platform Specialty Products (Miami) has entered into a definitive agreement to acquire Chemtura’s pesticides business for $1 billion. The price consists of $950 million in cash plus 2 million shares of Platform common stock....
http://www.chemweek.com/sections/business_finance/usa_americas/Platform-acquires-Chemturas-agchems-business-for-$1-billion_60408.html
April 17, 2014
Huntsman says that agrobusiness group Wilmar International (Singapore) has agreed to purchase Huntsman’s Europe-based commodity surfactants business....
http://www.chemweek.com/sections/business_finance/europe_mideast/Huntsman-sells-surfactant-business-to-Wilmar-and-closes-plant-in-Italy_60375.html
April 17, 2014
Indorama Ventures (Bangkok) says that it will acquire a 51% stake in Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate (PET) producer in Turkey, from Hac─▒ Ömer Sabanc─▒ Holding (Istanbul)....
http://www.chemweek.com/sections/business_finance/europe_mideast/Indorama-to-acquire-Turkish-firm-Sasa-Polyester-Sanayi_60376.html
April 17, 2014
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) says that it has signed a two-year agreement with Qatar Navigation (Milaha; Doha) to transport...
http://www.chemweek.com/sections/business_finance/europe_mideast/Muntajat-signs-contract-to-transport-petrochemicals_60377.html
April 17, 2014
The Environment Protection Authority (EPA) of the state of New South Wales (NSW), Australia, says it has commenced a prosecution against Orica (Melbourne) in the NSW Land and...
http://www.chemweek.com/sections/business_finance/asia_pacific/New-South-Wales-EPA-initiates-legal-proceedings-against-Orica_60360.html
April 17, 2014
DSM says that it is in exclusive discussions with Aland Nutraceutical (Jingjiang, China), a worldwide producer of vitamin C, to aquire the latter company. The discussions may result in...
http://www.chemweek.com/sections/business_finance/asia_pacific/DSM-in-discussions-to-buy-Chinas-Aland-Nutraceutical_60361.html
April 17, 2014
Canpotex (Saskatoon, SK), the potash export cartel owned jointly by Agrium, Mosaic, and PotashCorp; and potash producer Uralkali (Berezniki, Russia) separately signed major potash-supply contracts with Indian customers in early April....
http://www.chemweek.com/sections/business_finance/asia_pacific/Canpotex-Uralkali-sign-major-potash-supply-deals-with-India_60362.html
April 17, 2014
BioConsortia (Davis, CA), an agricultural biotechnology company that discovers and develops microbial consortia for crop improvement, has raised $15 million in its Series B funding round. Khosla Ventures (Menlo Park, CA), an existing investor; and new investor Otter Capital (Palo Alto, CA) participated equally....
http://www.chemweek.com/sections/business_finance/usa_americas/Ag-biotech-firm-BioConsortia-raises-$15-million-in-funding_60388.html
April 17, 2014
PotashCorp says that its board has appointed Jochen Tilk as president and CEO, effective 1 July. He succeeds Bill Doyle, who will remain a senior adviser with the company through June...
http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-names-next-CEO_60389.html
April 17, 2014
Linde has completed construction of a 575-m.t./day nitrogen liquefier at its Delta, OH, air separation plant to support increased demand in the Ohio and Midwestern markets, the company...
http://www.chemweek.com/sections/business_finance/usa_americas/Linde-brings-nitrogen-liquefier-online-at-Ohio-plant_60412.html
April 17, 2014
The latest report by the Intergovernmental Panel on Climate Change (IPCC; Geneva) shows that worldwide emissions of greenhouse gases have risen to unprecedented levels despite a growing number of policies to reduce climate change....
http://www.chemweek.com/sections/business_finance/usa_americas/Latest-IPCC-report-Rise-in-GHG-emissions-must-stop_60413.html
April 17, 2014
Ashland and Clariant say that they have entered into a definitive agreement to sell their foundry chemicals joint venture, ASK Chemicals (Hilden, Germany), to investment funds affiliated with Rhône, a London- and New York–based private equity investment firm....
http://www.chemweek.com/sections/business_finance/europe_mideast/Ashland-Clariant-sell-foundry-chemicals-JV-to-equity-firm_60394.html
April 17, 2014
Symrise (Holzminden, Germany) has agreed to acquire flavors and nutrition ingredients maker Diana Group (Vannes, France) from private equity firm Ardian (Paris) for €1.3 billion ($1.8 billion). The deal is expected to close in the third quarter....
http://www.chemweek.com/sections/business_finance/europe_mideast/Symrise-buys-flavors-firm-Diana-Group-for-$1-8-billion_60395.html
April 17, 2014
Tessenderlo Group (Brussels) has completed the previously announced sale of its Aliphos feed phosphate business to EcoPhos (Louvain-la-Neuve, Belgium), a technology provider and animal...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tessenderlo-completes-sale-of-feed-phosphate-business_60396.html
April 17, 2014
Axiall (Atlanta, GA) has restarted a Lake Charles, LA, vinyl chloride monomer (VCM) plant, which had been shut down after a fire on 20 December 2013, the company says. Axiall has also...
http://www.chemweek.com/sections/business_finance/usa_americas/Axiall-completes-VCM-repairs-estimates-sharp-drop-in-Q1-Ebitda_60406.html
April 17, 2014
Koppers has agreed to acquire the wood preservation and railroad services businesses of Osmose Holdings (Buffalo, NY) for $460 million. The acquired businesses had revenue of $390...
http://www.chemweek.com/sections/business_finance/usa_americas/Koppers-acquires-wood-treatment-business_60407.html
April 17, 2014
DuPont reports first-quarter operating earnings of $1.5 billion, up 1% year-on-year (YOY). Weak agricultural results offset gains across other segments. Operating earnings of...
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-earnings-up-1-percent-despite-revenue-slip-on-weak-ag-results_60409.html
April 17, 2014
The initial group of US first-quarter specialty chemical earning reports mostly beat analysts’ expectations on higher revenues and volumes. Albemarle and Sensient were both hit...
http://www.chemweek.com/sections/business_finance/usa_americas/Early-specialty-earnings-mostly-beat-estimates_60410.html
April 17, 2014
Air Products will build a 40-million standard cubic feet/day hydrogen production facility to process a hydrogen-rich off-gas stream from a new propane dehydrogenation (PDH) facility...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-to-build-hydrogen-plant-at-Enterprise-PDH-unit_60411.html
April 9, 2014
The European Commission has adopted new rules on public support for energy and environmental protection projects. The Environment and Energy State Aid Guidelines (EEAG) will support...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-presents-new-guidelines-on-state-aid-for-energy_60208.html
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