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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
August 29, 2014
PhosAgro’s (Moscow) board of directors has reviewed the company’s consolidated financial results for the first six months of the year, and Andrey Guryev has given an overview of performance during his first year as CEO. The company, meanwhile, has developed a new strategy through 2020 that has been approved by the board....
http://www.chemweek.com/sections/business_finance/europe_mideast/PhosAgro-outlines-strategy-implements-investment-plans_63434.html
August 29, 2014
Leading Japan-based chemical companies report mixed financial results for the fiscal first quarter, ended 30 June. Companies including Sumitomo Chemical, Toray Industries, Shin-Etsu...
http://www.chemweek.com/sections/business_finance/asia_pacific/Leading-Japanese-companies-report-mixed-results_63435.html
August 29, 2014
Albemarle’s $6.2-billion acquisition of Rockwood Holdings was the result of an off-and-on two-year courtship, according to a joint registration statement filed 28 August by the two...
http://www.chemweek.com/sections/business_finance/usa_americas/Albemarle-Rockwood-courted-for-two-years_63520.html
August 29, 2014
Coatings maker Axalta has filed with the SEC for an initial public offering worth up to $100 million, according to regulatory filings. The filing, which consists of a preliminary...
http://www.chemweek.com/sections/business_finance/usa_americas/Carlyles-Axalta-files-for-$100-million-IPO_63521.html
August 29, 2014
Hedge fund Third Point reports holding a 22-million share stake in Dow Chemical, valued at $1.1 billion, according to its second-quarter report on US-traded equity holdings filed with...
http://www.chemweek.com/sections/business_finance/usa_americas/Third-Point-confirms-1-8-percent-Dow-holding-takes-stake-in-FMC_63522.html
August 29, 2014
Agricultural biologicals will play a key role in meeting the challenges of feeding a rapidly growing global population, executives from Monsanto and Novozymes said during a recent...
http://www.chemweek.com/sections/business_finance/usa_americas/Microbial-alliance-could-transform-ag-industry_63523.html
August 29, 2014
ACC’s August chemical activity barometer (CAB) shows moderate growth over July. Measured on a three-month moving average (3MMA) basis, the CAB increased 0.2% over July, a deceleration from the 0.4% gain in July....
http://www.chemweek.com/sections/business_finance/usa_americas/Chemical-activity-inches-higher_63506.html
August 29, 2014
Quaker Chemical announced on 15 August that it has acquired specialty grease manufacturer ECLI Products (Aurora, IL) for $52 million. ECLI, with an estimated 2014 Ebitda of $7 million...
http://www.chemweek.com/sections/business_finance/usa_americas/Quaker-acquires-specialty-grease-maker-ECLI_63507.html
August 29, 2014
ACC’s v.p./regulatory and technical affairs, Michael Walls, on 22 August testified at a Senate Environment and Public Works Committee minority briefing at Lake Charles, LA, against...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-warns-against-EPAs-call-for-stricter-ozone-standards_63508.html
August 29, 2014
Siluria Technologies, a San Francisco–based company developing a catalytic process to produce transportation fuels and chemicals from natural gas, has announced that Saudi...
http://www.chemweek.com/sections/business_finance/usa_americas/Aramco-becomes-equity-investor-in-Siluria-studying-project_63524.html
August 19, 2014
The European Chemicals Agency (ECHA; Helsinki) says it has started a 45-day public commenting period on the harmonized classification and labeling (CLH) proposal for the pesticide...
http://www.chemweek.com/sections/business_finance/europe_mideast/New-CLH-consultation-for-the-pesticide-tefluthrin_63290.html
August 15, 2014
Renewable chemicals firm Genomatica (San Diego) announced on 5 August that it has started a development program for three key nylon intermediates—hexamethylenediamine (HMD), caprolactam, and adipic acid....
http://www.chemweek.com/sections/business_finance/usa_americas/Genomatica-targets-biobased-routes-to-nylon-intermediates_63168.html
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