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December 20, 2013
BASF and Renmatix (King of Prussia, PA) announced 18 December that they will jointly scale up the latter’s Plantrose process for extraction of industrial sugars from lignocellulosic biomass. The two companies have also signed a nonexclusive joint development agreement and agreed to key financial terms for future commercial licenses, which BASF—a significant shareholder in Renmatix after a January 2012 equity investment of $30 million—can exercise at its discretion. Additional terms were have not been disclosed....
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-signs-joint-development-deal-with-cellulosic-sugar-firm_57584.html
December 20, 2013
BP and the government of Oman have signed a gas sales agreement and an amended production-sharing agreement to develop the country’s Khazzan gas field, with BP as the operator....
http://www.chemweek.com/sections/business_finance/europe_mideast/Oman-and-BP-sign-gas-acetic-acid-investment-deals_57505.html
December 20, 2013
Lenzing’s board and works council have agreed to a comprehensive package of social measures covering the company’s recently announced cost-reduction plan. The agreement...
http://www.chemweek.com/sections/business_finance/europe_mideast/Lenzing-outlines-restructuring-plans-at-two-Austrian-sites_57506.html
December 20, 2013
Dow Chemical has informed its staff that it intends to cease manufacturing at its Grangemouth, UK, plastic additives plant and close the site. The plant, which Dow acquired as part of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Dow-to-close-Grangemouth-plastic-additives-plant_57507.html
December 20, 2013
SGL Group (Wiesbaden, Germany) has announced details of a restructuring plan involving up to 300 job cuts under the company’s SGL2015 plan. SGL cites losses caused by delays in...
http://www.chemweek.com/sections/business_finance/europe_mideast/SGL-Group-to-cut-300-jobs-under-restructuring-program_57508.html
December 20, 2013
Styrolution (Frankfurt), a styrenics joint venture between BASF and Ineos, has announced changes to its styrenic specialties production network in Europe, the Mideast, and Africa (EMEA)....
http://www.chemweek.com/sections/business_finance/europe_mideast/Styrolution-optimizes-German-production-network_57509.html
December 20, 2013
Evonik says that it has appointed Burkhard Zoller as North American CFO, effective 1 January. Zoller currently heads Evonik’s inorganic materials business unit for North America...
http://www.chemweek.com/sections/business_finance/usa_americas/Evonik-names-North-America-CFO_57579.html
December 20, 2013
FMC says it has agreed to sell its hydrogen peroxide (H2O2) business to private equity firm One Equity Partners (New York) for $200 million. FMC says it no longer considers the...
http://www.chemweek.com/sections/business_finance/usa_americas/FMC-to-sell-hydrogen-peroxide-business-to-One-Equity-Partners_57580.html
December 20, 2013
anufacturers of antibacterial hand soaps and body washes would be required to demonstrate that their products are safe for long-term daily use and are more effective than soap and water in preventing illness and the spread of certain infections under a prosposed rule issued by FDA on 16 December....
http://www.chemweek.com/sections/business_finance/usa_americas/FDA-proposed-rule-questions-benefits-of-antibacterial-soaps_57581.html
December 18, 2013
Cargill has announced that it will invest €60 million ($83 million) in an ethanol plant, to be located at Barby, near Dessau, in eastern Germany. The product will be used for the...
http://www.chemweek.com/sections/business_finance/europe_mideast/Cargill-to-invest-$83-million-in-ethanol-plant-eastern-Germany_57474.html
December 18, 2013
European small- and medium-size enterprises (SME) are becoming more resource-efficient and making a substantial contribution to the transition towards a low-carbon economy. This...
http://www.chemweek.com/sections/business_finance/europe_mideast/Eurobarometer-survey-European-SMEs-becoming-greener_57469.html
December 18, 2013
The European Food Safety Authority (EFSA; Parma, Italy) says that two neonicotinoid insecticides, acetamiprid and imidacloprid, may affect the developing human nervous system. EFSA's...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-to-assess-potential-link-between-neonicotinoids-and-developmental-neurotoxicity_57468.html
December 18, 2013
The European Council, through the permanent representatives committee, has agreed with the European parliament on a draft regulation on fluorinated greenhouse gases (F-gases), to apply...
http://www.chemweek.com/sections/business_finance/europe_mideast/Europe-introduces-regulation-to-restrict-fluorinated-greenhouse-gases_57483.html
December 18, 2013
The European Commission has released a set of measures aimed at addressing air quality in Europe, the culmination of a major review of air policy started in 2011. The package adopted...
http://www.chemweek.com/sections/business_finance/europe_mideast/Europe-releases-new-clean-air-package_57476.html
December 18, 2013
The European Commission has opened an investigation into Germany's renewable energy law (EEG), chemical trade association VCI (Frankfurt) says. Germany's energy-intensive...
http://www.chemweek.com/sections/business_finance/europe_mideast/VCI-says-financial-relief-for-energy-intensive-industries-is-critical-and-appropriate-update_57419.html
December 16, 2013
The European Chemicals Agency (ECHA; Helsinki) says that it has added seven new substances of very high concern (SVHC) to the candidate list for authorization, under the European...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-adds-seven-SVHCs-to-candidate-list-for-authorization_57423.html
December 13, 2013
The European Union's research and innovation program, Horizon 2020, was launched this week by Máire Geoghegan-Quinn, European commissioner for research, innovation, and science...
http://www.chemweek.com/sections/business_finance/europe_mideast/Chemical-industry-welcomes-launch-of-EUs-$110-billion-Horizon-2020-research-and-innovation-program_57396.html
December 13, 2013
Elekeiroz (São Paulo) has acquired an oxo-gas plant from Air Products at Camaçari, Brazil, the company said on 9 December. The deal includes the transfer of the...
http://www.chemweek.com/sections/business_finance/usa_americas/Elekeiroz-acquires-Air-Products-oxo-gas-plant-in-Brazil_57329.html
December 13, 2013
Honeywell says it will invest $300 million to build a plant for hydrofluoroolefin (HFO)-1234yf, a car air-conditioning refrigerant, at the company’s Geismar, LA, site. The plant is expected to be operational in 2016, Honeywell says....
http://www.chemweek.com/sections/business_finance/usa_americas/Honeywell-plans-$300-million-HFO-1234yf-investment_57330.html
December 13, 2013
Waterfront Shipping (Vancouver, BC), the marine transportation subsidiary of Methanex, has reached an agreement with Mitsui O.S.K. Lines (MOL; Tokyo), Westfal-Larsen & Co. (WL...
http://www.chemweek.com/sections/business_finance/usa_americas/Methanex-to-add-methanol-powered-tankers-to-shipping-fleet_57331.html
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