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April 22, 2014
The European Chemicals Agency (ECHA; Helsinki) has opened a public consultation on a total of 30 testing proposals for 17 substances. The hazard endpoints for which vertebrate testing...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-public-consultation-on-testing-proposals-for-17-substances_60458.html
April 22, 2014
The European Food Safety Authority (EFSA; Parma, Italy) says it is extending the timeline for it to complete is full assessment of bisphenol A (BPA) to the end of 2014. The authority...
http://www.chemweek.com/sections/business_finance/europe_mideast/EFSA-to-reevaluate-BPA-by-end-of-2014_60447.html
April 21, 2014
DuPont reports first-quarter operating earnings of $1.5 billion, up 1% year-on-year (YOY). Weak agricultural results offset gains across other segments. Operating earnings of...
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-earnings-up-1-percent-despite-revenue-slip-on-weak-ag-results_60409.html
April 17, 2014
Platform Specialty Products (Miami) has entered into a definitive agreement to acquire Chemtura’s pesticides business for $1 billion. The price consists of $950 million in cash plus 2 million shares of Platform common stock....
http://www.chemweek.com/sections/business_finance/usa_americas/Platform-acquires-Chemturas-agchems-business-for-$1-billion_60408.html
April 17, 2014
Huntsman says that agrobusiness group Wilmar International (Singapore) has agreed to purchase Huntsman’s Europe-based commodity surfactants business....
http://www.chemweek.com/sections/business_finance/europe_mideast/Huntsman-sells-surfactant-business-to-Wilmar-and-closes-plant-in-Italy_60375.html
April 17, 2014
Indorama Ventures (Bangkok) says that it will acquire a 51% stake in Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate (PET) producer in Turkey, from Hac─▒ Ömer Sabanc─▒ Holding (Istanbul)....
http://www.chemweek.com/sections/business_finance/europe_mideast/Indorama-to-acquire-Turkish-firm-Sasa-Polyester-Sanayi_60376.html
April 17, 2014
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) says that it has signed a two-year agreement with Qatar Navigation (Milaha; Doha) to transport...
http://www.chemweek.com/sections/business_finance/europe_mideast/Muntajat-signs-contract-to-transport-petrochemicals_60377.html
April 17, 2014
The Environment Protection Authority (EPA) of the state of New South Wales (NSW), Australia, says it has commenced a prosecution against Orica (Melbourne) in the NSW Land and...
http://www.chemweek.com/sections/business_finance/asia_pacific/New-South-Wales-EPA-initiates-legal-proceedings-against-Orica_60360.html
April 17, 2014
DSM says that it is in exclusive discussions with Aland Nutraceutical (Jingjiang, China), a worldwide producer of vitamin C, to aquire the latter company. The discussions may result in...
http://www.chemweek.com/sections/business_finance/asia_pacific/DSM-in-discussions-to-buy-Chinas-Aland-Nutraceutical_60361.html
April 17, 2014
Canpotex (Saskatoon, SK), the potash export cartel owned jointly by Agrium, Mosaic, and PotashCorp; and potash producer Uralkali (Berezniki, Russia) separately signed major potash-supply contracts with Indian customers in early April....
http://www.chemweek.com/sections/business_finance/asia_pacific/Canpotex-Uralkali-sign-major-potash-supply-deals-with-India_60362.html
April 17, 2014
BioConsortia (Davis, CA), an agricultural biotechnology company that discovers and develops microbial consortia for crop improvement, has raised $15 million in its Series B funding round. Khosla Ventures (Menlo Park, CA), an existing investor; and new investor Otter Capital (Palo Alto, CA) participated equally....
http://www.chemweek.com/sections/business_finance/usa_americas/Ag-biotech-firm-BioConsortia-raises-$15-million-in-funding_60388.html
April 17, 2014
PotashCorp says that its board has appointed Jochen Tilk as president and CEO, effective 1 July. He succeeds Bill Doyle, who will remain a senior adviser with the company through June...
http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-names-next-CEO_60389.html
April 17, 2014
Linde has completed construction of a 575-m.t./day nitrogen liquefier at its Delta, OH, air separation plant to support increased demand in the Ohio and Midwestern markets, the company...
http://www.chemweek.com/sections/business_finance/usa_americas/Linde-brings-nitrogen-liquefier-online-at-Ohio-plant_60412.html
April 17, 2014
The latest report by the Intergovernmental Panel on Climate Change (IPCC; Geneva) shows that worldwide emissions of greenhouse gases have risen to unprecedented levels despite a growing number of policies to reduce climate change....
http://www.chemweek.com/sections/business_finance/usa_americas/Latest-IPCC-report-Rise-in-GHG-emissions-must-stop_60413.html
April 17, 2014
Ashland and Clariant say that they have entered into a definitive agreement to sell their foundry chemicals joint venture, ASK Chemicals (Hilden, Germany), to investment funds affiliated with Rhône, a London- and New York–based private equity investment firm....
http://www.chemweek.com/sections/business_finance/europe_mideast/Ashland-Clariant-sell-foundry-chemicals-JV-to-equity-firm_60394.html
April 17, 2014
Symrise (Holzminden, Germany) has agreed to acquire flavors and nutrition ingredients maker Diana Group (Vannes, France) from private equity firm Ardian (Paris) for €1.3 billion ($1.8 billion). The deal is expected to close in the third quarter....
http://www.chemweek.com/sections/business_finance/europe_mideast/Symrise-buys-flavors-firm-Diana-Group-for-$1-8-billion_60395.html
April 17, 2014
Tessenderlo Group (Brussels) has completed the previously announced sale of its Aliphos feed phosphate business to EcoPhos (Louvain-la-Neuve, Belgium), a technology provider and animal...
http://www.chemweek.com/sections/business_finance/europe_mideast/Tessenderlo-completes-sale-of-feed-phosphate-business_60396.html
April 17, 2014
Axiall (Atlanta, GA) has restarted a Lake Charles, LA, vinyl chloride monomer (VCM) plant, which had been shut down after a fire on 20 December 2013, the company says. Axiall has also...
http://www.chemweek.com/sections/business_finance/usa_americas/Axiall-completes-VCM-repairs-estimates-sharp-drop-in-Q1-Ebitda_60406.html
April 17, 2014
Koppers has agreed to acquire the wood preservation and railroad services businesses of Osmose Holdings (Buffalo, NY) for $460 million. The acquired businesses had revenue of $390...
http://www.chemweek.com/sections/business_finance/usa_americas/Koppers-acquires-wood-treatment-business_60407.html
April 17, 2014
The initial group of US first-quarter specialty chemical earning reports mostly beat analysts’ expectations on higher revenues and volumes. Albemarle and Sensient were both hit...
http://www.chemweek.com/sections/business_finance/usa_americas/Early-specialty-earnings-mostly-beat-estimates_60410.html
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