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April 7, 2016
Biomaterials company Metabolix (Cambridge, MA) has entered into an agreement with food, feed, and bioscience company CJ CheilJedang (Seoul) for commercially manufacturing specialty...
April 7, 2016
Arsenal Capital (New York) on 28 March announced the acquisitions of Elite Foam (Newnan, GA) and the foam manufacturing assets of Hickory Springs Manufacturing Co. (HSMC; Conover, NC), makers of polyurethane (PU) foams and other foams for furniture and medical applications, among others. The two firms will be merged with Pacific Urethanes (Ontario, CA), another PU foams maker, to form Elite Comfort Solutions (ECS)....
April 7, 2016
Brazil’s chemical industry has had a difficult start to 2016 in terms of production and sales volumes, reflecting the country’s challenging economic environment, according to...
April 7, 2016
Transilwrap (Franklin Park, IL) has signed a letter of intent to acquire Dow Chemical’s global specialty films business. The company, a privately owned producer of specialty...
April 7, 2016
BP says that it has signed a framework agreement with Kuwait Petroleum Corp. (KPC) to explore joint opportunities to invest and cooperate in possible gas, oil, petrochemical, and...
April 7, 2016
Specialty chemical company SKW Metallurgie (Unterneukirchen, Germany) has, as expected, announced substantial declines in 2015 Ebitda and sales. SKW Metallurgie—a leading producer of additives for hot-metal desulfurization and for cored wire and other products for secondary metallurgy—in January 2016 warned of big drops in earnings and sales because of the crisis in the worldwide steel industry....
April 7, 2016
The chemical businesses of Sinopec and PetroChina each reports financial results for 2015 improved compared with 2014. The two companies’ chemical businesses swung to profit last...
April 7, 2016
Asahi Kasei says that it has established a wholly owned subsidiary, Asahi Kasei Europe, at Düsseldorf as a base for expanding the company’s business in Europe. Asahi Kasei...
April 7, 2016
The current wave of investments in ethane-consuming petrochemical plants and export facilities is driving up ethane production, according to a report by the US Energy Information...
April 7, 2016
The IHS Materials Price Index ended a six-week streak of increases during the week ended 1 April, dropping 2.8% on a 3.8% decline in oil and a 5.2% decline in chemicals, says Cristian...
April 7, 2016
Monsanto narrowly missed estimates for its fiscal quarter ended 29 February as continued weakness in agriculture markets forced the leading seed manufacturer to cut prices....
April 7, 2016
In a unanimous vote on 31 March, the US International Trade Commission (USITC) determined that domestic producers have been injured by imports of polyethylene terephthalate (PET) resin...
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