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October 24, 2014
Platform Specialty Products (Miami) has agreed to acquire Arysta LifeScience, a maker of pesticides and biological products, from private equity firm Permira for approximately $3.51 billion. Platform was formed by the acquisition of specialty chemical maker MacDermid for $1.8 billion last year by an investment vehicle founded by Jarden executive chairman Martin Franklin....
http://www.chemweek.com/sections/business_finance/usa_americas/Platform-to-acquire-Arysta-for-$3-5-billion_64750.html
October 24, 2014
Germany’s chemical industry trade association VCI (Frankfurt) says that the target of a 40% reduction in greenhouse gas emissions agreed by European leaders is “highly...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-Highly-ambitious-climate-targets-will-result-in-weaker-growth-reduced-competitiveness_64783.html
October 24, 2014
The European Council, the institution of the heads of state or government of the member states of the European Union, has agreed on the 2030 climate and energy policy framework for the...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-leaders-set-ambitious-climate-energy-targets-for-2030_64780.html
October 24, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says that the final report of the Sheshinski Committee, presented to the country’s finance ministry on 20 October, will not cause the...
http://www.chemweek.com/sections/business_finance/europe_mideast/ICL-to-cut-investments-close-plants-on-tax-concerns_64720.html
October 24, 2014
BASF says that it has agreed to sell its worldwide textile chemicals business to Archroma (Reinach, Switzerland), a supplier of specialty chemicals to the textile, paper, and emulsions industries. Financial details of the deal have not been disclosed....
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-sells-textile-chemicals-business-to-Archroma_64719.html
October 24, 2014
CF Industries (Deerfield, IL) and Yara International (Oslo) announced on 17 October that they have terminated merger discussions. Yara and CF, which confirmed deal talks on 23...
http://www.chemweek.com/sections/business_finance/usa_americas/CF-and-Yara-end-merger-talks_64758.html
October 24, 2014
Reliance Industries says net profits for the company’s fiscal second quarter, ended 30 September, increased 1.7% compared with the same period of the previous year, to about 59.7...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-slight-increase-in-profits_64706.html
October 24, 2014
Arkema says that it has finalized the creation of Sunke, a previously announced joint venture with Jurong Chemical (Yancheng, China), the leading acrylic acid manufacturer in China....
http://www.chemweek.com/sections/business_finance/asia_pacific/Arkema-finalizes-acrylic-acid-JV-with-Jurong-Chemical-in-China_64707.html
October 24, 2014
A. Schulman says that it has signed a partnership agreement with polymer producer Initz (Ulsan, South Korea) to compound and market Initz’s Ecotran polyphenylene sulfide (PPS)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Schulman-Initz-form-alliance-for-PPS-compounds_64708.html
October 24, 2014
Europe’s chemical industry is reinventing itself to stay competitive as high energy prices continue to cripple the sector and its share of the global market declines....
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-Industry-reinvents-itself-growth-will-be-lower-this-year_64705.html
October 24, 2014
Nilit (Migdal HaEmek, Israel), a manufacturer of nylon-6,6 for thermoplastics and apparel applications, has signed an agreement to acquire Invista’s Americana, Brazil, manufacturing...
http://www.chemweek.com/sections/business_finance/usa_americas/Israeli-firm-to-acquire-Invistas-nylon-plant-at-Americana-Brazil_64751.html
October 24, 2014
PPG Industries says Mexico’s competition commission is extending the deadline for its review of PPG’s proposed $2.3-billion acquisition of Comex. PPG said on 13 October...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexico-extends-deadline-for-review-of-PPG-Comex-deal_64752.html
October 24, 2014
The European Commission has issued a statement of objections to Honeywell and DuPont, citing the commission’s preliminary view that a cooperation started in 2010 to develop and...
http://www.chemweek.com/sections/business_finance/usa_americas/EU-probes-DuPont-Honeywell-refrigerant-collaboration_64753.html
October 24, 2014
Badlands NGL, a private equity firm, is planning a $4.0-billion, 1.5-million m.t./year polyethylene (PE) facility to be located in North Dakota, atop the Bakken Shale basin....
http://www.chemweek.com/sections/business_finance/usa_americas/Private-equity-firm-plans-North-Dakota-polyethylene-complex_64755.html
October 24, 2014
The US Department of Commerce (Commerce Department) on 15 October released its proposed final resolution regarding antidumping duties and countervailing duties on Chinese refrigerant...
http://www.chemweek.com/sections/business_finance/usa_americas/Commerce-Department-proposes-final-duties-on-Chinese-refrigerants_64756.html
October 24, 2014
Ineos has abandoned plans to build an ethylene oxide (EO)–ethylene glycol (EG) facility at its Battleground manufacturing complex at La Porte, TX. No other sites are being...
http://www.chemweek.com/sections/business_finance/usa_americas/Ineos-cancels-Battleground-EO-EG-project_64757.html
October 24, 2014
Westlake says it will invest over $330 million to expand ethylene capacity at its facility in Lake Charles, LA, by 250 million lbs/year and to make other capital improvements. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Westlake-plans-$330-million-ethylene-expansion-at-Lake-Charles_64768.html
October 24, 2014
Specialty chemical makers report solid third-quarter earnings, with most firms beating estimates on increasing sales. Trends were favorable in the quarter in key markets, including...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-solid-but-outlook-is-mixed_64769.html
October 22, 2014
Eastman Chemical has completed an expansion of non-phthalate plasticizers capacity at its Texas City, TX, manufacturing plant. Capacity for Eastman’s non-phthalate plasticizers...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-finishes-plasticizers-capacity-expansion_64058.html
October 22, 2014
The European Commission has launched an online public consultation to help define criteria for identifying endocrine-disrupting chemicals (EDC), as required by the regulations on...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-consults-the-public-on-criteria-for-identifying-endocrine-disruptors_64670.html
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