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Archives :: Chemical Week Magazine :: Business & Finance
Displaying 321 - 340 of 3993 stories.
October 26, 2012
Baker: Refining portfolio to focus on core businesses. Ecolab has agreed to acquire oilfield chemicals firm Champion Technologies (Houston), for $2.2 billion. Champion has about 3,300...http://www.chemweek.com/sections/business_finance/usa_americas/Ecolab-to-acquire-oilfield-chemicals-firm-for-$2-2-billion_47272.html October 26, 2012
Nichols: Not expecting a quick economic recovery. Keijzer: Taking charge of performance coatings. AkzoNobel reported a net loss of €2.38 billion ($3.1 billion) in the third...http://www.chemweek.com/sections/business_finance/europe_mideast/AkzoNobel-swings-to-a-net-loss-on-decorative-paints-charge_47273.html October 26, 2012
SGL Group (Wiesbaden, Germany) says its third-quarter 2012 results will include a noncash write-down of approximately €55 million ($71.5 million) in the company’s...http://www.chemweek.com/sections/business_finance/europe_mideast/SGLs-third-quarter-results-will-include-a-major-write-down_47274.html October 16, 2012
Ferro says it is considering the sale of its solar pastes business, as the company cut guidance because of weakness in that sector. The sale is an effort to eliminate the...http://www.chemweek.com/sections/business_finance/usa_americas/Ferro-considering-sale-of-solar-pastes-business_46913.html October 12, 2012
Private equity firm Blackstone Capital Partners (New York) and Innospec have submitted a $44–46/share bid for TPC Group, topping the $40/share buyout TPC agreed to with SK...http://www.chemweek.com/sections/business_finance/usa_americas/Blackstone-and-Innospec-submit-rival-bid-for-TPC-Group_46939.html October 12, 2012
Tessenderlo Group (Brussels) says it intends to sell its pharmaceutical ingredient subsidiaries Farchemia (Treviglio, Italy) and Calaire Chimie (Calais, France) to International...http://www.chemweek.com/sections/business_finance/europe_mideast/Tessenderlo-sells-pharma-ingredients-business_46898.html October 12, 2012
Thoelke: Not much upside for Euro ethylene. Europe's olefins and derivatives industry must focus on adding value to its products, if it is to survive in a rapidly changing global...http://www.chemweek.com/sections/business_finance/europe_mideast/EPCA-2012-Differentiation-is-key-to-Europes-survival-_46899.html October 12, 2012
Crotty: Chemical firms must anticipate change. Tom Crotty, president of the European Petrochemical Association (EPCA) and group director of Ineos, delivered an opening presentation at...http://www.chemweek.com/sections/business_finance/europe_mideast/-Talent-and-technology-will-drive-industry-innovation_46900.html October 12, 2012
another joint venture: Konov (left) and Butstraen shake on the latest cooperation deal. Sibur and Solvay have signed an agreement to form an equally owned joint venture, RusPAV, to...http://www.chemweek.com/sections/business_finance/europe_mideast/Sibur-and-Solvay-form-jv-to-produce-surfactants-in-Russia_46901.html October 12, 2012
BASF and CSM (Diemen, Netherlands) say they will form an equally owned joint venture to produce biobased succinic acid. The news follows three years of research into the project and...http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-CSM-to-produce-biosuccinic-acid-plan-commercial-unit_46902.html October 12, 2012
The Ministry of Environmental Protection (MEP; Beijing) says that Sinopec has asked three of its subsidiaries in Guangdong Province, China to suspend operations temporarily due to...http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-temporarily-shuts-three-petchem-units_46830.html October 12, 2012
The Nobel Prize in Chemistry for 2012 has been awarded to Robert Lefkowitz and Brian Kobilka for their studies of G-protein-coupled receptors. Their research revealed the inner...http://www.chemweek.com/sections/business_finance/usa_americas/Chemistry-Nobel-awarded-for-protein-receptor-discovery_46914.html October 12, 2012
The US Department of Commerce has set final tariffs of about 18–250% for solar photovoltaic cells imported from China, a decision that drew sharp criticism from Chinese...http://www.chemweek.com/sections/business_finance/usa_americas/US-sets-tariffs-of-up-to-250-percent-on-solar-cells-from-China_46915.html October 12, 2012
Cytec says is selling its coating resins business to private equity firm Advent International (New York) for $1.15 billion. The business generated revenue of $1.6 billion in 2011. The...http://www.chemweek.com/sections/business_finance/usa_americas/Cytec-to-sell-coating-resins-to-Advent-for-$1-15-billion_46935.html October 12, 2012
BP says it plans to sell its Texas City, TX, refinery and part of its retail and logistics network to Marathon Petroleum for $2.5 billion. BP, in 2011, announced plans to divest the...http://www.chemweek.com/sections/business_finance/usa_americas/BP-sells-Texas-City-refinery-to-Marathon-for-$2-5-billion_46937.html October 12, 2012
IC Potash Corp. (ICP; Toronto) has awarded SNC-Lavalin (Montreal) a contract to develop sections of the feasibility study of ICP’s Ochoa sulphate of potash (SOP) project at Lea...http://www.chemweek.com/sections/business_finance/usa_americas/ICP-Potash-awards-contract-for-feasibility-study_46938.html October 12, 2012
Van Beurden: Project in Iraq makes a lot of sense. Shell Chemicals is advancing several petrochemical investment plans, including steam cracker projects in Qatar, China, and US. The...http://www.chemweek.com/sections/business_finance/europe_mideast/Shell-advances-cracker-projects-Iraq-agreement-inked_46897.html October 12, 2012
Clariant has opened a second production unit for the company’s nonhalogenated Exolit OP flame retardant (FR) at Hürth-Knapsack, Germany. The new facility doubles capacity...http://www.chemweek.com/sections/business_finance/europe_mideast/Clariant-ups-nonhalogenated-flame-retardant-capacity_46903.html October 12, 2012
Evonik Industries and Taiyo Nippon Sanso Corp. (TNSC; Tokyo) say they have terminated their joint monosilanes manufacturing partnership at Yokkaichi, Japan, effective 30 September...http://www.chemweek.com/sections/business_finance/asia_pacific/Evonik-Taiyo-Nippon-Sanso-end-monosilane-partnership_46828.html October 12, 2012
Fogarty: Expansion of HSBC key to Kraton’s future. Kraton Performance Polymers says it plans to expand hydrogenated styrenic block copolymer (HSBC) manufacturing capacity in Asia...http://www.chemweek.com/sections/business_finance/asia_pacific/Kraton-plans-stand-alone-HSBC-capacity-in-Asia_46829.html |
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