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December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/sections/business_finance/usa_americas/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
December 12, 2014
US chemical output is set to accelerate sharply through the end of the decade, exceeding the growth of the overall US and global economies, aided by a strong cost advantage and...
http://www.chemweek.com/sections/business_finance/usa_americas/US-Europe-chemical-outlooks-diverge-widely-for-2015_66121.html
December 12, 2014
The European Food Safety Authority (EFSA; Parma, Italy) has reported the results of the latest Europe-wide monitoring program in its 2012 annual report on pesticide residues in food...
http://www.chemweek.com/sections/business_finance/europe_mideast/EU-survey-of-pesticide-residues-in-food-More-than-50-percent-of-samples-show-no-detectable-residues_66143.html
December 12, 2014
The US Bankruptcy Court in Delaware has approved the restructuring plan for RPM’s Bondex subsidiary, a maker of pigments, metal coatings, cleaning products, and a variety of...
http://www.chemweek.com/sections/business_finance/usa_americas/Court-approves-restructuring-plan-for-RPMs-Bondex-business_66130.html
December 12, 2014
Werner Breuers, who stepped down from Lanxess’s board in August following a major downturn in the markets, particularly automotive, that the company serves, may join a rubber joint venture that is expected to be created between Lanxess and a yet-to-be-identified partner....
http://www.chemweek.com/sections/business_finance/europe_mideast/Former-Lanxess-board-member-may-join-planned-rubber-joint-venture_66040.html
December 12, 2014
Indorama Ventures (Bangkok) and Performance Fibers (Huntersville, NC), a leading producer of industrial polyester fibers and fabrics, have announced that they have signed a definitive agreement under which Indorama will acquire the Asia manufacturing operations of Performance Fibers. The agreement’s financial terms have not been disclosed....
http://www.chemweek.com/sections/business_finance/asia_pacific/Indorama-to-buy-Performance-Fibers-business-in-Asia_66041.html
December 12, 2014
BASF says that it has entered into a definitive agreement to acquire the business and assets of Taiwan Sheen Soon (TWSS; Lukang), a leading manufacturer of thermoplastic polyurethanes...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-to-acquire-TPU-manufacturer-Taiwan-Sheen-Soon_66042.html
December 12, 2014
The European Commission has announced that the European Parliament and the European Council—the institutions of the heads of state or government of the 28 member states of the European Union—have reached a provisional political agreement on draft legislation on the cultivation of crops based on genetically-modified organisms (GMOs)....
http://www.chemweek.com/sections/business_finance/europe_mideast/Europe-provisionally-agrees-on-cultivation-of-GMOs_66087.html
December 12, 2014
The production of chemicals in Germany has increased by 1.5% in 2014 compared with last year, says trade association VCI (Frankfurt)....
http://www.chemweek.com/sections/business_finance/europe_mideast/Germanys-chemical-output-creeps-up-1-5-percent-in-2014_66088.html
December 12, 2014
Both Eastman and Ecolab have announced increases to quarterly dividend payments. Eastman says its board has approved a quarterly cash dividend increase of 14%, to 40 cts/share, on the...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-and-Ecolab-increase-dividends_66111.html
December 12, 2014
Bayer MaterialScience (BMS), one of the world’s largest polymer companies, with 2013 sales of €11.2 billion ($13.9 billion), is preparing to separate from Bayer and plans to add operations....
http://www.chemweek.com/sections/business_finance/europe_mideast/Exclusive-BMS-readies-for-split-from-Bayer-via-Frankfurt-listing_66039.html
December 12, 2014
Vertellus (Indianapolis), a leading producer of specialty chemicals for the life sciences sector and other industrial applications, has signed a definitive agreement to acquire the...
http://www.chemweek.com/sections/business_finance/usa_americas/Vertellus-to-acquire-Dows-sodium-borohydride-business_66112.html
December 12, 2014
The New Zealand Superannuation Fund (NZ Super Fund) has made a $60-million equity investment in LanzaTech (Chicago) as part of a D-series round of funding that has raised $112.6 for...
http://www.chemweek.com/sections/business_finance/usa_americas/New-Zealand-invests-$60-million-in-LanzaTech_66113.html
December 12, 2014
The United States is an important growth market for BASF and other German manufacturers, according to 2015’s German American Business Outlook (GABO), a survey of German firms...
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-CFO-United-States-is-a-stable-growth-environment_66124.html
December 12, 2014
Monsanto says its agriculture analytics division Climate Corp. (San Francisco) has acquired 640 Labs, an agricultural technology start-up based in Chicago. Financial terms have not...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-acquires-Chicago-precision-ag-start-up_66125.html
December 12, 2014
Solvay has announced that it is acquiring Dhaymers (Taboão da Serra, Brazil), a producer of specialty esters. With the acquisition, Solvay enters the skin-care market and expands its presence in the industrial lubricants and mining industries in Latin America....
http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-acquires-specialty-esters-producer-in-Brazil_66126.html
December 12, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has completed installing a 10th furnace in ethylene unit 33 at its Sweeny complex in Old Ocean, TX. The company expects the new...
http://www.chemweek.com/sections/business_finance/usa_americas/Chevron-Phillips-completes-Sweeny-ethylene-expansion_66127.html
December 12, 2014
Air Liquide held a groundbreaking ceremony on 8 December for a new air separation unit (ASU) that will produce oxygen, nitrogen, and argon at its production facility at Port Neches...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Liquide-breaks-ground-on-Port-Neches-ASU_66128.html
December 12, 2014
Sherwin-Williams (SW) announced on 10 December that it will supply paint to Lowe’s, the US building-supply retailer, under a program called HGTV Home. Products under that brand...
http://www.chemweek.com/sections/business_finance/usa_americas/Sherwin-Williams-wins-architectural-paints-deal-at-Lowes_66129.html
December 11, 2014
Thomas Swan (Consett, UK) has today announced the start-up of its integrated pilot plant for the production of Elicarb graphene products. The company will use the plant to produce high...
http://www.chemweek.com/sections/business_finance/europe_mideast/Thomas-Swan-announces-successful-start-up-of-graphene-pilot-plant_66080.html
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