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August 14, 2015
Cargill says that it has signed an agreement to acquire FMC’s standard-grade pectin operations, including a production site at Milazzo, Italy. Pectin is a key component of...
August 14, 2015
Yuhuang Chemical Inc. (YCI; Houston), a subsidiary of Shandong Yuhuang Chemical Group Co. (Heze, China), says that it has secured long-term natural gas transportation capacity on the...
August 14, 2015
Chemours has started a review that could lead to the company selling its chemical solutions segment excluding the cyanide business....
August 14, 2015
Debt refinancing is a risk for a group of nine high-yield-rated chemical companies with a total of about $5 billion in debt maturing in 2017 or 2018, according to Moody’s...
August 14, 2015
WestRock (Richmond, VA) has appointed Albemarle executive v.p. D. Michael Wilson as CEO of its Ingevity specialty chemicals unit, effective 1 September. Ingevity, the former MWV...
August 14, 2015
Agrium says that its previously announced urea project at the company’s Borger, TX, site will be completed at the end of 2016. However, the company says it has canceled related...
August 14, 2015
Incitec Pivot (Melbourne) says the construction of its $850-million ammonia plant at Waggaman, LA, is 75% complete. Incitec Pivot expects the 800,000-m.t./year plant, which will be...
August 14, 2015
K+S (Kassel, Germany) said on 7 August that PotashCorp had again sent an unsolicited letter to the management and supervisory boards of K+S proposing a “business combination agreement” based on an unchanged price of €41/share. K+S rejected in July a €41/share bid from PotashCorp, valuing K+S at €7.9 billion ($8.80 billion)....
August 14, 2015
Huntsman says that 19 people were injured when a nitrogen tank exploded at its white pigment factory at Uerdingen, Germany, at 2 pm local time on 5 August. Seven of the injured were...
August 14, 2015
Petrochemical Industries Corp. (PIC; Kuwait City), wholly owned by Kuwait Petroleum Corp. (KPC), is at an advanced stage of a feasibility study for a petrochemicals and aromatics project that will be built alongside a new, 650,000-bbl/day refinery at Al Zour, Kuwait, PIC CEO Asaad Al Saad tells CW....
August 14, 2015
Quaker Chemical (Conshohocken, PA) says that it has acquired Verkol (Bera, Spain), a leading manufacturer and marketer of specialty grease and lubricants, for $40.1 million, including...
August 14, 2015
Commodity firms continue to report second-quarter results. On the petrochemical side, improvement in vinyls and styrenics lifted results. On the inorganic side, soda ash, potash, and...
August 14, 2015
Despite generally positive end-market trends, US specialty chemical makers report mixed second-quarter results, since the strong US dollar continues to take its toll. Axalta reports...
August 6, 2015
EMS Chemie (Herrliberg, Switzerland) has today reported sales of 969 million Swiss francs ($990.0 million) in the first half of this year compared with SF999 million in the...
August 5, 2015
Specialty chemicals company Altana (Wesel, Germany) says it has successfully adjusted and extended a syndicated line of credit for €250 million ($271.7 million). The credit...
August 5, 2015
Swan Chemical, a wholly owned subsidiary of specialty chemicals firm Thomas Swan (Consett, UK) says it has acquired Production Systems Inc. (PSI; Akron, OH), a distributor of a range...
August 4, 2015
Sun Chemical (Parsippany, NJ), a wholly owned subsidiary of DIC (Tokyo), has announced that it has acquired Kingfisher Colours (Reading, UK), a privately owned cosmetics color...
August 4, 2015
Paints and coatings company Tikkurila (Helsinki) has reported that sales fell 7% year-on-year in second-quarter 2015, to €179.5 million ($196.9 million), compared with €192.9...
August 4, 2015
Evonik Industries has posted sales of €3.52 billion ($3.86 billion) in the second quarter, up 8% year-on-year (YOY). Adjusted net income leaped by 70% YOY, to €307 million...
July 31, 2015
The strong US dollar hit earnings of North American specialty chemical manufacturers, with many companies reporting year-on-year (YOY) declines in earnings and sales—and falling...
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