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February 6, 2015
BASF says that the polymer dispersions plant it recently started up at Pasir Gudang, Malaysia, will meet growing demand in the Asean region....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-ups-polymer-dispersions-capacity-in-Southeast-Asia_67549.html
February 6, 2015
Sumitomo Chemical says that it will acquire the compound semiconductor materials business of Hitachi Metals (Tokyo). The acquisition is expected to be completed on 1 April. Financial...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-to-buy-semiconductor-materials-business-of-Hitachi-Metals_67550.html
February 6, 2015
Air Liquide says that it has entered into a long-term agreement in Australia with Nyrstar (Balen, Belgium), an integrated mining and metals company. Air Liquide will invest...
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Liquide-to-build-ASU-in-Australia_67551.html
February 6, 2015
H.B. Fuller says that it has finalized the previously announced acquisition of Tonsan Adhesive (Beijing), the largest independent engineering adhesives provider in China. Fuller has...
http://www.chemweek.com/sections/business_finance/asia_pacific/Fuller-completes-acquisition-of-Chinese-firm-Tonsan-Adhesive_67552.html
February 6, 2015
Royal Dutch Shell and BP have separately announced substantial cuts in capital expenditure (capex) in response to falling oil prices....
http://www.chemweek.com/sections/business_finance/europe_mideast/Shell-BP-slash-capex-on-oil-slump-chemical-profits-tumble_67546.html
February 6, 2015
The chemical businesses of oil companies had a good quarter, helping offset the effect of falling oil prices on upstream results. ExxonMobil, Occidental Petroleum, and Phillips 66 all...
http://www.chemweek.com/sections/business_finance/usa_americas/Oil-companies-offset-upstream-weakness-with-chemical-gains_67583.html
February 6, 2015
Specialty chemical makers for the most part beat estimates in the fourth quarter, although profit growth was spotty (table). Some companies are forecasting growth in 2015, while others...
http://www.chemweek.com/sections/business_finance/usa_americas/Fourth-quarter-results-mixed-for-specialties-makers_67584.html
February 6, 2015
Regulatory issues, most prominently reform of the Toxic Substances Control Act (TSCA) and trade barriers, were key topics of discussion at Informex 2015, held 3–5 February in New Orleans....
http://www.chemweek.com/sections/business_finance/usa_americas/Informex-2015-Regulatory-challenges-persist_67586.html
February 6, 2015
The United Steelworkers (USW) say that they resumed discussions with Shell on 5 February regarding a new three-year labor agreement. The USW told workers on 1 February to strike at...
http://www.chemweek.com/sections/business_finance/usa_americas/USW-strikes-nine-US-refineries-chemical-plants_67587.html
February 6, 2015
FMC says it has acquired all global rights to a novel, proprietary herbicide from Kumiai Chemical Industry (Tokyo) and Ihara Chemical Industry (Tokyo). FMC says the herbicide is highly...
http://www.chemweek.com/sections/business_finance/usa_americas/FMC-acquires-rights-to-novel-herbicide-from-Kumiai-Ihara_67588.html
February 6, 2015
SC Johnson chairman and CEO Fisk Johnson says industry must take steps to rebuild public trust while “standing up for chemistry, for scientific truth, and for the health and wellness of consumers and the planet.”...
http://www.chemweek.com/sections/business_finance/usa_americas/SC-Johnson-CEO-says-industry-must-rebuild-consumer-trust_67589.html
February 6, 2015
Methanex (Vancouver) has successfully produced methanol in a 1.0-million m.t./year plant relocated from Punta Arenas, Chile; to Geismar, LA. “We expect the plant to ramp up to full...
http://www.chemweek.com/sections/business_finance/usa_americas/Methanex-brings-first-relocated-Geismar-methanol-plant-online_67590.html
February 6, 2015
BASF has decided to exit a biobased acrylic acid partnership with Novozymes and Cargill, Novozymes announced on 27 January. “BASF had decided to end the collaboration with...
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-exits-biobased-acrylic-acid-collaboration_67591.html
February 6, 2015
Williams Partners (Tulsa, OK) says it expects to begin manufacturing ethylene at its expanded Geismar, LA, plant for sale in February. The company had originally planned to start the...
http://www.chemweek.com/sections/business_finance/usa_americas/Williams-restarting-Geismar-ethylene-unit-after-several-delays_67592.html
February 6, 2015
Penford shareholders have approved a plan for the food and industrial starch maker to be acquired by Ingredion (Westchester, IL) for $340.0 million. Ingredion will acquire all...
http://www.chemweek.com/sections/business_finance/usa_americas/Penford-shareholders-okay-merger-with-Ingredion_67593.html
February 3, 2015
The European Council, the institution of the heads of state or government of the member states of the European Union, has announced additional measures in the struggle against climate...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Council-moves-further-against-climate-change_67233.html
February 3, 2015
World chemical sales were €3.16 billion ($3.57 billion) in 2013 compared with €3.13 billion in 2012, an increase of 0.9% year-on-year (YOY), according to data released by...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-chemical-sales-were-17-percent-of-world-total-in-2013_67435.html
February 3, 2015
Almac (Craigavon, UK), a privately-owned contract development and manufacturing pharmaceutical services group, has announced a $7 million investment in in the area of biocatalyst...
http://www.chemweek.com/sections/business_finance/europe_mideast/Almac-Group-to-invest-$7-million-in-biocatalysis-in-Northern-Ireland_67454.html
February 2, 2015
The industry, research, and energy committee (ITRE) of the European Parliament has made a number of recommendations to the European Commission on the negotiations with the United...
http://www.chemweek.com/sections/business_finance/usa_americas/European-parliamentary-committee-makes-recommendations-to-the-European-Commission-on-TTIP_67406.html
January 30, 2015
Composite materials supplier Gurit (Zurich) today report preliminary net sales of 335.8 million Swiss francs ($367 million) in full-year 2014, compared with SF281.1 million in the...
http://www.chemweek.com/sections/business_finance/Gurit-reports-sales-of-$367-million-for-full-year-2014-up-nearly-20-percent_67366.html
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