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June 2, 2016
FMC plans to triple lithium hydroxide production, boosting capacity by 20,000 m.t./year, in response to strong demand brought on by the growing electric vehicles (EVs) market. The...
June 2, 2016
Biobased isobutanol and ethanol producer Gevo (Englewood, CO) says it has begun reviewing strategic alternatives and has retained Cowen & Company as a financial adviser...
June 2, 2016
Ercros (Barcelona) has announced a €54-million ($60.5 million) investment program for 2016–20 to increase and upgrade capacity and improve profitability across the...
June 2, 2016
Saudi Aramco and Sabic have jointly denied recent news reports about the two groups possibly merging their petrochemical businesses. “The companies wish to clarify that they have no plans to pursue this option,” the joint statement says....
June 2, 2016
The European Commission is seeking a temporary extension of the European Union’s approval of the use of glyphosate, the world’s most widely used herbicide, after EU member states failed to register enough support for a permanent extension, citing ongoing concerns that glyphosate could be carcinogenic....
June 2, 2016
Rosneft (Moscow) says that it has signed a framework agreement with state-owned energy company Pertamina (Jakarta) for cooperating on a variety of projects....
June 2, 2016
Asahi Kasei says that it will build an additional production line for the company’s Hipore-brand lithium-ion (Li-ion) battery separator at its manufacturing complex at Moriyama...
June 2, 2016
Active pharmaceutical ingredient (API) manufacturer Olon (Rodano, Italy), which forms part of the P&R Group (Rodano), says that it has agreed to acquire API producer Infa Group...
June 2, 2016
The government of Ukraine has approved terms and conditions proposed by the country’s privatization commission to privatize Odessa Port Plant (OPP; Odessa), a producer of...
May 19, 2016
Reichhold and Polynt plan to merge to form a leading global maker of composites, coatings, and other specialized chemicals, including intermediates, plasticizers, additives, and...
May 19, 2016
Air Liquide says that the US FTC has cleared its proposed $13.4-billion acquisition of Airgas subject to the divestment of a large number of assets. FTC ordered the divestments to...
May 19, 2016
Evonik has agreed to acquire Air Products’ performance materials business, a producer of specialty intermediates and coatings additives, for $3.8 billion in cash. The business generated $1.0 billion in revenue and $241 million of adjusted Ebitda over the 12 months ended 31 March. The deal values the business at 15.8 times (x) adjusted Ebitda and 3.7x sales....
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