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October 1, 2015
The European Union’s competitiveness council, made up of Europe’s ministers of economic affairs, has held an informal debate, with the participation of representatives from...
September 29, 2015
Germany’s federal state secretary, Jochen Flasbarth, has called for a strengthening of international efforts better protect people and the environment from the effects of...
September 28, 2015
Indorama Ventures (Bangkok) has announced plans to invest $175 million to restart an ethane cracker near Lake Charles, LA, that was idled by Equistar in 2001. Indorama Ventures expects...
September 28, 2015
Albemarle has announced plans to increase its mineral conversion capacity by up to 50,000 m.t./year to add capacity for battery-grade lithium, including lithium carbonate and lithium hydroxide. The move responds to growing demand for energy storage in the transportation industry and the energy infrastructure industry, according to Albemarle president and CEO Luke Kissam....
September 28, 2015
Olin says its shareholders have approved issuing the additional shares necessary to complete the company’s merger with Dow Chemical’s US chlor-alkali and vinyl, worldwide...
September 28, 2015
Trinseo (Berwyn, PA) says it will close its styrene butadiene latex plant in Gales Ferry, CT, at the end of 2015 as part of a program to reduce costs in the business by a $5-million...
September 28, 2015
Mosaic says it will reduce potash production by extending maintenance downtime at the company’s Colonsay, SK, mine and maintain planned slower production in its phosphates business. The decision responds to current crop nutrient market conditions primarily related to delayed fertilizer purchases in Brazil and North America....
September 28, 2015
FMC has signed a definitive agreement to sell Consagro Agroquimica, its Brazilian generic crop protection distribution and sales subsidiary, to Albaugh (Ankeny, IA). Financial terms...
September 28, 2015
California regulators have published a notice of intent to list glyphosate as a carcinogen under the state’s Proposition 65 (Prop 65) law. California’s Office of...
September 28, 2015
BP says it will permanently shut down an idle para -xylene ( p -xylene) unit at its Texas City, TX, facility. BP also plans to lay off up to 38 staff, according the United Steelworkers...
September 28, 2015
Flavors and fragrances company Symrise (Holzminden, Germany) says that it is acquiring Pinova Holdings (Brunswick, GA) for $397 million. The acquisition includes the operational companies Pinova and Renessenz....
September 28, 2015
Emery Oleochemicals has opened a $50-million polyols plant at Cincinnati designed to use renewable raw materials and recycled content as feedstock. The plant, where construction...
September 28, 2015
Sociedad QuĂ­mica y Minera de Chile (SQM; Santiago) is halting mining activities at its Pedro de Valdivia site, located in the second region of Chile, within two months. The facility...
September 28, 2015
Some $22 billion of chemical M&A deals over $25 million were completed in the first half of 2015, up 51% year-on-year (YOY), according to data compiled by Young & Partners...
September 28, 2015
Lanxess, the world’s largest producer of synthetic rubber, has agreed with Saudi Aramco to establish a joint venture for Lanxess’s synthetic rubber business....
September 28, 2015
Bayer, after economically and legally separating Covestro (Leverkusen), formerly Bayer MaterialScience, is realigning its structure as a life science company. As of 1 January 2016, the...
September 28, 2015
Covestro (Leverkusen), formerly Bayer MaterialScience, has scheduled its previously announced stock market flotation for the beginning of October. The company will offer, by way of a capital increase, between 70.4 million and 94.3 million new shares at an issue price between €26.50/share ($29.73) and €35.50/share....
September 28, 2015
Brenntag says that it has signed an agreement to acquire TAT Group (Singapore), a distributor of industrial chemicals. The acquired company’s facilities in Singapore cover supply-chain requirements and services including blending, packaging, storage, and logistics....
September 28, 2015
Ube Industries says that it will expand its production capacity for lithium-ion (Li-ion) battery separators by rebuilding existing facilities at its production complex at Ube, Japan...
September 28, 2015
The Indian government is planning to change its policy on petroleum, chemicals, and petrochemical investment regions (PCPIRs), and the revised policy is expected to be formulated over...
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