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September 15, 2014
Great Lakes Dredge & Dock (Oak Brook, IL) has been awarded a contract worth over $30 million to widen the entrance and jetty channels of the Freeport Ship Channel, near Freeport...
http://www.chemweek.com/sections/business_finance/usa_americas/Dredging-firm-to-widen-Freeport-Ship-Channel_63705.html
September 15, 2014
Bayer CropScience (BCS), the world’s second-largest agricultural chemicals player, has outlined targets and given details of projects that it is working on....
http://www.chemweek.com/sections/business_finance/usa_americas/Bayer-CropScience-outlines-targets-bets-on-biologics_63706.html
September 15, 2014
Braskem has joined Michelin and biobased farnesene maker Amyris (Emeryville, CA) in their efforts to develop a low-cost process to produce isoprene from renewable raw materials, Amyris...
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-joins-renewable-isoprene-collaboration_63737.html
September 15, 2014
POET-DSM Advanced Biofuels (Sioux Falls, SD), a joint venture between Royal DSM and POET, opened its world-scale cellulosic ethanol plant at Emmetsburg, IA, on 3 September. The...
http://www.chemweek.com/sections/business_finance/usa_americas/POET-DSM-commissions-cellulosic-ethanol-plant_63738.html
September 15, 2014
Coca-Cola is making an additional investment in the development and commercialization of Virent’s (Madison, WI) registered biobased para -xylene ( p -xylene), BioFormPX, Virent says...
http://www.chemweek.com/sections/business_finance/usa_americas/Coke-invests-in-Virents-p-xylene_63739.html
September 15, 2014
Electric vehicle maker Tesla Motors has chosen Nevada as the site of its planned $5-billion battery manufacturing facility....
http://www.chemweek.com/sections/business_finance/usa_americas/Tesla-Panasonic-pick-Nevada-for-$5-billion-battery-gigafactory_63740.html
September 15, 2014
Albemarle and Israel Chemicals Ltd. (ICL; Tel Aviv) say that they have entered into an agreement to establish a manufacturing joint venture to produce ICL’s FR-122P polymeric flame...
http://www.chemweek.com/sections/business_finance/europe_mideast/ICL-to-form-polymeric-flame-retardants-JV-with-Albemarle-_63722.html
September 15, 2014
The European Commission has conditionally approved Huntsman’s proposed acquisition of the Sachtleben (Duisburg, Germany) titanium dioxide (TiO2) and performance additives...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-conditionally-okays-Huntsman-purchase-of-Sachtleben_63734.html
September 15, 2014
Kemira has adjusted its medium-term targets. The company says that its revenue will be €2.7 billion ($3.5 billion) in 2017 after previously targeting 2016 revenue of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Kemira-adjusts-medium-term-targets-keeps-2014-outlook_63735.html
September 15, 2014
The chemical businesses of Sinopec and PetroChina each reports losses for the first half of 2014. Sinopec’s chemicals loss has widened, but PetroChina’s chemicals loss has...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-and-PetroChina-chemical-units-report-losses_63707.html
September 15, 2014
Evonik Industries says it will expand specialty silica production capacity at Ako, Japan, through its DSL Japan joint venture with Shionogi & Co. (Osaka). Evonik holds a 51% stake...
http://www.chemweek.com/sections/business_finance/asia_pacific/Evonik-JV-to-expand-specialty-silica-capacity-in-Japan_63709.html
September 15, 2014
Albemarle has completed the previously announced sale of its antioxidant, ibuprofen, and propofol businesses and related assets to SI Group (Schenectady, NY), Albemarle said 2...
http://www.chemweek.com/sections/business_finance/usa_americas/Albemarle-SI-Group-close-antioxidant-sale_63776.html
September 15, 2014
Bemis (Neenah, WI) announced last week that it has agreed to sell its pressure-sensitive materials business, Mactac, to private equity firm Platinum Equity (Beverly Hills, CA) for $170...
http://www.chemweek.com/sections/business_finance/usa_americas/Bemis-sells-pressure-sensitive-materials-business-to-private-equity-firm_63777.html
September 15, 2014
CHS (St. Paul), a farmer-owned cooperative, says that it will construct a nitrogen fertilizer manufacturing plant at Spiritwood, ND. The board has approved plans for the $3-billion...
http://www.chemweek.com/sections/business_finance/usa_americas/Farmer-co-op-to-build-$3-billion-North-Dakota-nitrogen-plant_63778.html
August 29, 2014
Late-reporting Europe-based companies battled against currency headwinds during the second quarter as the euro maintained its strength against other major currencies. Most firms posted...
http://www.chemweek.com/sections/business_finance/europe_mideast/Strong-euro-weakens-second-quarter-sales-and-earnings_63457.html
August 29, 2014
Cyanco Holding (Houston) has expanded the capacity of its sodium cyanide solution plant in Winnemucca, NV, by 17,000 m.t./year, bringing the plant’s capacity to 110,000 m.t./year and...
http://www.chemweek.com/sections/business_finance/usa_americas/Cyanco-completes-Nevada-cyanide-expansion_63492.html
August 29, 2014
Mexichem (Tlanelpantla, Mexico) has reached an agreement to acquire Dura-Line (Knoxville, TN) from private equity firm CHS Capital (Chicago) for $630 million in cash and assumed liabilities, Mexichem says...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexichem-acquires-HDPE-pipe-producer-for-$630-million_63493.html
August 29, 2014
Materials technology and recycling group Umicore (Brussels) says it has agreed to acquire the business and assets of CP Chemicals at Wickliffe, OH. CP is a refiner and recycler of...
http://www.chemweek.com/sections/business_finance/usa_americas/Umicore-to-buy-CP-Chemicals-business-and-assets-in-Ohio_63494.html
August 29, 2014
CW has learned that Jean-Pierre Clamadieu, CEO of Solvay, will be elected as the next president of Cefic at the Cefic general assembly at Paris on 17 October. Clamadieu will succeed Kurt Bock, chairman of BASF, for a two-year term....
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvays-Clamadieu-to-be-next-Cefic-president_63433.html
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