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January 16, 2015
The Obama Administration has selected Dow Chemical, in partnership with its joint venture DowAksa (Istanbul), and a consortium of composites-related businesses, academic leaders, and government organizations, to establish the Institute for Advanced Composites Manufacturing Innovation (Iacmi) at Knoxville, TN, Dow says....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-to-establish-advanced-composites-institute_66895.html
January 16, 2015
Arsenal Capital’s Royal Adhesives (South Bend, IN) has purchased the assets of Advanced Polymers International (API; Syracuse, NY) from Paper Conversions (Syracuse) for an...
http://www.chemweek.com/sections/business_finance/usa_americas/Arsenal-Capitals-Royal-buys-label-adhesive-maker_66896.html
January 16, 2015
Influential international shareholders have expressed their support for the management of Sika (Baar, Switzerland) in its battle to thwart a $2.78-billion bid from Saint-Gobain (Courbevoie, France) to gain control of Sika....
http://www.chemweek.com/sections/business_finance/europe_mideast/More-Sika-shareholders-reject-Saint-Gobain-bid-for-control_66908.html
January 15, 2015
The Obama administration has announced a goal to cut emissions of methane from the oil and gas sector by 40–45% by 2025, compared with the levels in 2012. Methane is a potent...
http://www.chemweek.com/sections/business_finance/usa_americas/Obama-administration-aims-to-cut-methane-emissions-from-oil-and-gas-sector-by-40-45-percent_66847.html
January 14, 2015
The European Chemicals Agency (ECHA; Helsinki) has published its Reach 2018 Roadmap. Reach is the European Union’s Registration, Evaluation, Authorisation, and Restriction of...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-publishes-Reach-2018-Roadmap-to-support-companies-in-meeting-2018-registration-deadline_66815.html
January 13, 2015
The European Commission says that is has opened a tender for a “study on the regulatory fitness of the legislative framework governing the risk management of chemicals.”...
http://www.chemweek.com/sections/business_finance/europe_mideast/European-Commission-tenders-for-study-on-fitness-of-legislation-managing-chemical-risk_66792.html
January 13, 2015
The European Commission has today published its analysis of the response received during its online consultation on the investor-state dispute settlement (ISDS) clause in the...
http://www.chemweek.com/sections/business_finance/usa_americas/European-Commission-reports-analysis-of-online-consultation-on-investor-state-dispute-settlement-in-TTIP_66797.html
January 12, 2015
Benzene contracts for January have been settled in the United States at $2.20/gal ($658/m.t.), a steep, 35% decline from $3.37/gal in December 2014 and the lowest value in more than...
http://www.chemweek.com/sections/business_finance/usa_americas/Benzene-contracts-settle-in-US-at-five-year-low_66671.html
January 12, 2015
The United States could more than triple the level of renewable energy in its overall energy by 2030, according to a report published today by the International Renewable Energy Agency...
http://www.chemweek.com/sections/business_finance/usa_americas/Report-US-could-triple-renewable-energy-by-2030_66747.html
January 12, 2015
Demand for chemicals in 2014 was dampened by the global political crisis and the uncertainty surrounding the development of the global economy. The outlook for chemical companies in...
http://www.chemweek.com/sections/business_finance/europe_mideast/German-chemical-employers-association-2014-fell-short-of-expectations-uncertainty-on-the-rise_66741.html
January 9, 2015
Evonik Industries says that it has appointed Ulrich Küsthardt as new chief innovation officer, effective from the beginning of this year. Küsthardt says that he plans to...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-appoints-new-chief-innovation-officer_66709.html
January 9, 2015
Isobutanol producer Gevo (Englewood, CO) has announced that it produced over 50,000 gal of isobutanol via fermentation at its Luverne, MN, production plant. The company had previously...
http://www.chemweek.com/sections/business_finance/usa_americas/Gevo-hits-isobutanol-production-target-in-December_66708.html
January 9, 2015
Versalis, the chemicals subsidiary of ENI (Rome), says that it has signed a firm agreement for the previously announced divestment of some of the company’s petrochemical...
http://www.chemweek.com/sections/business_finance/europe_mideast/Versalis-signs-deal-to-divest-petchem-assets-at-Sarroch-to-refining-firm_66652.html
January 9, 2015
BASF and Shell Chemicals have agreed that the former company will sell its 50% share in the pair’s propylene oxide–styrene monomer (POSM) joint venture, Ellba Eastern (Singapore)...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-quits-Ellba-Eastern-POSM-joint-venture-with-Shell_66653.html
January 9, 2015
Kuraray has unveiled a medium-term management plan covering the next three years. Kuraray is targeting sales of ¥650.0 billion ($5.44 billion) and operating profits of ¥90.0 billion...
http://www.chemweek.com/sections/business_finance/asia_pacific/Kuraray-announces-three-year-business-plan_66654.html
January 9, 2015
Mitsui Chemicals and SKC (Seoul) plan to merge their polyurethane (PU) raw material businesses into a joint venture by 1 April....
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Chemicals-SKC-to-merge-PU-material-businesses_66655.html
January 9, 2015
Teijin has opened a second production line in South Korea for Lielsort, a separator for lithium-ion secondary batteries (LIBs). The line began operations on 24 December 2014. Lielsort...
http://www.chemweek.com/sections/business_finance/asia_pacific/Teijin-opens-production-line-for-LIB-separators_66656.html
January 9, 2015
LSB Industries, a maker of nitrogen-based chemicals and climate control equipment, says that chairman and CEO Jack Golsen stepped down as CEO and assumed the role of executive chairman...
http://www.chemweek.com/sections/business_finance/usa_americas/LSB-Industries-names-new-CEO_66672.html
January 9, 2015
Monsanto reports a 35% slide in first-quarter profits due to lower corn acres in South America and a shift in timing of herbicide sales but says it continues to expect overall...
http://www.chemweek.com/sections/business_finance/usa_americas/Lower-corn-acres-stunt-Monsantos-first-quarter-results_66673.html
January 9, 2015
Banner Chemicals (Runcorn, UK) says that it has agreed to acquire Stowlin Croftshaw (Leicester, UK), a maker of a complete range of products for metal surface treatment, cleaning, and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Banner-Chemicals-acquires-metals-surface-treatment-firm_66650.html
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