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April 17, 2015
Kuraray says that it has completed acquiring all of the shares in Plantic Technologies (Melbourne), a company involved in biobased barrier films, from Gordon Merchant No.2 (Burleigh...
http://www.chemweek.com/sections/business_finance/asia_pacific/Kuraray-buys-Australian-biobased-barrier-films-company-Plantic_69492.html
April 17, 2015
Investment firm Berkshire Hathaway (Omaha, NE) has purchased 20 million Axalta shares in a private placement at $28/share, for a purchase price of $560 million, Axalta says. The shares...
http://www.chemweek.com/sections/business_finance/usa_americas/Berkshire-Hathaway-buys-stake-in-Axalta_69532.html
April 17, 2015
Celanese and Mitsui & Co. say that they are exploring the possibility of a second US methanol joint venture, this one located at Celanese’s planned facility at Bishop, TX....
http://www.chemweek.com/sections/business_finance/usa_americas/Celanese-Mitsui-and-Co-explore-second-methanol-JV-at-Bishop-TX_69534.html
April 17, 2015
Yousef Abdullah Al Benyan, who was appointed Sabic CEO elect on 15 February and who is expected to be confirmed as CEO, has made several organizational changes, CW has learned. In one...
http://www.chemweek.com/sections/business_finance/europe_mideast/Sabics-new-CEO-makes-personnel-business-unit-changes_69487.html
April 17, 2015
Royal Dutch Shell says that it has agreed to buy BG Group (Reading, UK), a leading energy company, for £47 billion ($69.2 billion). The companies say in a joint statement that they have agreed on the terms of a recommended cash-and-share offer to be made by Shell for the entire issued and to-be-issued share capital of BG....
http://www.chemweek.com/sections/business_finance/europe_mideast/Shell-to-acquire-energy-firm-BG-Group-for-nearly-$70-billion_69488.html
April 17, 2015
Germany has set strict rules for fracking. The draft legislation agreed on by the German cabinet includes bans to protect drinking water, health, and nature in specific regions together with broad restrictions for fracking in shale, claystone, marl, and coal seam rocks....
http://www.chemweek.com/sections/business_finance/europe_mideast/Germany-restricts-fracking-VCI-warns-on-missed-opportunity_69489.html
April 17, 2015
The board of Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, has announced that it will recommend increasing its share capital by an estimated 7.04 billion...
http://www.chemweek.com/sections/business_finance/europe_mideast/Petro-Rabigh-plans-rights-issue-share-trading-suspension-lifted_69490.html
April 17, 2015
Clariant says that it has acquired the black pigment preparations portfolio of Lanxess in India. The products are currently manufactured at Nagda, in the state of Madhya Pradesh. Lanxess’s product line of black pigment preparations are used to process rayon fiber, used to manufacture rayon-based apparels, knitwear, towels, and bed linen, Clariant says....
http://www.chemweek.com/sections/business_finance/asia_pacific/Clariant-buys-Lanxess-pigment-line-in-India-opens-China-plant_69491.html
April 17, 2015
International Flavors & Fragrances (IFF), a manufacturer of flavors and fragrances for consumer products, on 13 April agreed to acquire Henry H. Ottens Manufacturing Co. (Ottens...
http://www.chemweek.com/sections/business_finance/usa_americas/IFF-to-acquire-Ottens-Flavors_69529.html
April 17, 2015
Total has filed environmental permit applications with the Texas Commission on Environmental Quality and the US Army Corp. of Engineers to build an ethane cracker on the US Gulf Coast....
http://www.chemweek.com/sections/business_finance/usa_americas/Total-seeks-permits-for-ethane-cracker-on-US-Gulf-Coast_69530.html
April 17, 2015
Chemical distributor Univar says that it has acquired Key Chemical (Waxhaw, NC), one of the largest suppliers of hydrofluosilicic acid in the United States. Key also supplies other...
http://www.chemweek.com/sections/business_finance/usa_americas/Univar-acquires-Key-Chemical_69531.html
April 16, 2015
Greenhouse gas (GHG) emissions in Germany in 2014 fell in comparison with those in the previous period for the first time in three years, the federal environment ministry (UBA)...
http://www.chemweek.com/sections/business_finance/europe_mideast/Germanys-greenhouse-gas-emissions-fall-YOY-for-first-time-in-three-years_69476.html
April 16, 2015
Environmental and sustainability consultancy ERM (London) says it has acquired ReachCentrum (Brussels) from Cefic. ReachCentrum is involved in the registration market for the European...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cefic-to-sell-ReachCentrum-to-ERM_69473.html
April 16, 2015
Thomas Swan (Consett, UK) says that Harry Swan, its managing director, has been appointed to the governing board of Innovate UK, the United Kingdom’s innovation agency, formerly...
http://www.chemweek.com/sections/business_finance/europe_mideast/Harry-Swan-appointed-to-governing-board-of-Innovate-UK_69468.html
April 15, 2015
The output of chemicals in the European Union rose by a paltry 0.2% in 2014, while sales fell 1.1% compared with the previous year because of lower prices, according to the latest...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-chemical-output-stagnant-in-2014-sales-fall-prices-plunge-confidence-slips_69400.html
April 15, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) says it has signed a memorandum of understanding (MOU) with Technip's France arm to develop the...
http://www.chemweek.com/sections/business_finance/europe_mideast/METabolic-EXplorer-signs-MOU-with-Technip-to-develop-biobased-L-methionine_69434.html
April 15, 2015
Lenzing (Lenzing, Austria), a producer man-made cellulosic fibers, has today announced the sale of its fully owned subsidiary Dolan (Kelheim, Germany) and its 91.1% stake in European...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lenzing-sells-Dolan-and-stake-in-European-Carbon-Fiber_69439.html
April 15, 2015
Paints and coatings company Tikkurila (Helsinki) says it is expanding its production network with the opening of a new factory in Almaty, Kazakhstan, in April 2015. The plant will...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tikkurila-opens-plant-based-on-novel-production-concept-in-Kazakhstan_69436.html
April 14, 2015
Delo Industrial Adhesives (Windach, Germany), which produces adhesives and application technologies for a wide range of industries, says it achieved sales revenues of €74 million...
http://www.chemweek.com/sections/business_finance/Delo-Industrial-Adhesives-reports-sales-grew-24-percent-in-2014-aims-to-increase-workforce-by-15-percent_69403.html
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