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July 6, 2015
Thermo Fisher Scientific (Waltham, MA) says that it has signed an agreement to acquire Johnson Matthey’s (JM) research chemicals business, Alfa Aesar (Heysham, UK), for £256 million ($399.6 million) in cash. The research chemicals business supplies more than 45,000 specialty chemicals to industry as well as academic institutions in small-scale research quantities via the business’s catalogue....
July 6, 2015
Shin-Etsu Chemical says that it has agreed to establish a joint venture in China with Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. (YOFC; Wuhan, China), China’s largest maker...
July 6, 2015
Rosneft (Moscow) and China National Chemical Corp. (ChemChina; Beijing) have signed a number of agreements, including a deal for Rosneft to supply crude oil to ChemChina and acquire a stake in ChemChina’s petrochemical subsidiary. The signing took place at the recent Saint Petersburg International Economic Forum, in Russia....
July 6, 2015
Givaudan (Vernier, Switzerland), a leading fragrance and flavor company, says that it has opened a savory flavors manufacturing facility at Nantong, China. Givaudan invested about 50...
July 2, 2015
A well-developed and efficient transport infrastructure in transit country Germany is of paramount importance for Europe as an industrial location, according to Gerd Deimel...
June 30, 2015
DSM announced today that Atul Thakrar is joining the company as president of its biobased products and services unit, effective 1 July. Thakrar will be responsible for DSM’s...
June 30, 2015
Fifty three small and medium-size enterprises (SMEs) from Germany’s chemical industry have announced that they “completely convinced” in their support of the...
June 26, 2015
BASF Petronas Chemicals broke ground recently on a previously announced 2-ethylhexanoic acid (2-EHA) project at the company’s production site at Kuantan, Malaysia, BASF says....
June 26, 2015
The Chinese government says that a national carbon-trading market will become operational in late 2016 or early 2017. The market forms part of China’s strategy to promote green...
June 26, 2015
BASF says that it has inaugurated a world-scale production complex for acrylic acid, butyl acrylate, and superabsorbent polymers (SAPs) at Camaçari, Brazil. The investment, more than €500 million ($567.0 million), is the largest in BASF’s history in South America, the company says. Brazilian president Dilma Rousseff attended the ceremony....
June 26, 2015
Arsenal Capital (New York) says it has completed the sale of Royal Adhesives & Sealants (South Bend, IN) to American Securities (New York), another private equity firm. Royal, a...
June 26, 2015
Platform Specialty Products (West Palm Beach, FL) has priced its recently announced stock offering at $26.50/share, with gross proceeds expected to total $420 million. The company is...
June 26, 2015
Univar has closed on its previously announced initial public offering and a concurrent private sale of stock to Temasek Holdings (Singapore), which raised more than $1.1 billion for the company and selling stockholders....
June 26, 2015
Axiall (Atlanta) and Lotte Chemical (Seoul) have settled on arrangements for a joint venture to build and operate a 1-million m.t./year ethane cracker in Louisiana. The partners expect...
June 26, 2015
Shell has received an air-quality permit to build its planned Appalachian petrochemical project at Monaca, PA, from the Pennsylvania Department of Environmental Protection. Shell’s...
June 26, 2015
Williams (Tulsa, OK) has rejected an unsolicited, $53.1-billion acquisition bid from Energy Transfer Equity (ETE; Dallas). Instead, Williams will explore alternatives that could...
June 26, 2015
Chemours is set to make its market debut on 1 July, but prespin-off trading has been choppy as investors question the company’s ability to fund a $400-million/year dividend assigned...
June 26, 2015
Rosneft (Moscow) and BP signed several exploration, refining, and production agreements at the St. Petersburg, Russia, International Economic Forum. BP owns 19.75% of Rosneft....
June 26, 2015
Uralkali (Berezniki, Russia), the leading player in the potash fertilizer industry, has confirmed that it is considering whether it should remain listed on the London Stock Exchange...
June 26, 2015
The construction on the $20-billion petrochemicals and downstream complex of Sadara Chemical is progressing on budget and on schedule, say Dow Chemical and Saudi Aramco, the joint venture’s partners....
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