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March 4, 2014
Ecolab has announced the acquisition of AK Kraus & Hiller Schädlingsbekämpfung (Allershausen, Germany). Kraus & Hiller had annual sales of approximately $4...
http://www.chemweek.com/sections/business_finance/usa_americas/Ecolab-acquires-pest-elimination-company-in-Germany_59292.html
March 2, 2014
Axalta Coating Systems (Philadelphia), the former coatings operations of DuPont, says it is to invest $60 million to build a next-generation plant to expand its production capacity of...
http://www.chemweek.com/sections/business_finance/usa_americas/Axalta-Coating-Systems-to-invest-$60-million-in-waterborne-coatings-Germany_59250.html
February 28, 2014
New rules concerning the import and export of very hazardous chemicals will be implemented in the European Union as of 1 March, when the revised prior informed consent (PIC) regulation...
http://www.chemweek.com/sections/business_finance/europe_mideast/Revised-importexport-regulations-for-very-hazardous-chemicals-introduced-in-Europe_59226.html
February 28, 2014

Favorable demand and market conditions helped lead chemical M&A activity higher in 2013 with indications that gains will continue in 2014, says one industry banker.

...

http://www.chemweek.com/sections/business_finance/usa_americas/M-and-A-strength-seen-in-2013-expected-to-continue_59185.html
February 28, 2014
BASF Services Holding, an indirect, wholly owned group company of BASF, says it is to sell its subsidiary BASF Services Consult (Hamburg) to Tech Mahindra (Düsseldorf), a...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-to-sell-its-third-party-consulting-business_59219.html
February 28, 2014
One-off expenses and other nonrecurring factors weighed on Solvay’s fourth-quarter 2013 earnings, but the company says its underlying performance is improving. And, the financial...
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-shows-underlying-growth-may-sell-Eco-Services_59208.html
February 28, 2014
BASF has announced higher fourth-quarter and full-year 2013 earnings and says it is cautiously optimistic about the year ahead...
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-reports-higher-profits-cautiously-optimistic-on-2014_59168.html
February 28, 2014
Styrolution, the equally owned styrenics joint venture of BASF and Ineos, says it plans to mothball its 150,000-m.t./year polystyrene (PS) plant at Indian Orchard, MA, by the end of the year. Styrolution also plans to expand its high-performance transparent styrenics by adding production in Europe....
http://www.chemweek.com/sections/business_finance/usa_americas/Styrolution-to-shut-US-PS-unit-expand-NAS_59167.html
February 28, 2014
Late-reporting specialty chemical companies report mixed fourth-quarter results. Ecolab slightly missed analysts’ estimates even as income rose on strong results in the company’s energy segment. Chemtura’s earnings beat estimates but fell year-on-year (YOY) on weakness in flame retardants and organometallics. Taminco’s loss narrowed on margin....
http://www.chemweek.com/sections/business_finance/usa_americas/Late-specialty-earnings-mixed_59179.html
February 28, 2014
Eastman Chemical announced on 25 February that it will debottleneck carboxylic acid plants at its Longview, TX, and Kingsport, TN, facilities. The additional capacity is expected to be...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-plans-carboxylic-acids-expansion-$1-billion-share-buyback_59180.html
February 28, 2014
Monsanto and DuPont, the two largest seed firms globally, both announced deals in February aimed at adding soil analysis capabilities to their fast-growing agricultural data portfolios....
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-and-DuPont-adding-soil-analysis-capabilities_59181.html
February 28, 2014
Cabot announced on 24 February that it has signed a $6-million contract with an unspecified northern US power generator to provide its Darco Hg brand of activated carbon products to...
http://www.chemweek.com/sections/business_finance/usa_americas/Cabot-wins-$6-million-activated-carbon-contract_59182.html
February 28, 2014
ACC has released its monthly Chemical Activity Barometer (CAB), showing that the nine consecutive months of gains have come to a close. Seasonal factors from the unusually harsh winter...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-Chemical-activity-flattens-on-harsh-winter_59183.html
February 28, 2014
Frutarom (Haifa, Israel) announced last week that it has acquired citrus specialty ingredients maker CitraSource (Winter Haven, FL) for $7.5 million plus an additional future payment...
http://www.chemweek.com/sections/business_finance/usa_americas/Frutarom-acquires-Florida-citrus-ingredients-maker_59184.html
February 28, 2014
Most of the leading Asian chemical companies report lower earnings for the quarter ended 31 December 2013. Only SK Global Chemical, the petrochemical business of SK Innovation (Seoul); and SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), report an increase in profits for the period....
http://www.chemweek.com/sections/business_finance/asia_pacific/Asian-chemical-companies-report-lower-earnings_59169.html
February 28, 2014
Ferro says that it is altering the structure of its board, eliminating staggered terms for directors, and eliminating cumulative voting. The board also will appoint Peter Thomas, current president and CEO of Ferro, chairman, replacing Bill Lawrence....
http://www.chemweek.com/sections/business_finance/usa_americas/Ferro-CEO-adds-chairman-title-earnings-swing-to-profit_59178.html
February 28, 2014
Imerys says it has raised its bid for bentonite maker Amcol (Hoffman Estates, IL) to $42.75/share from $41/share, exceeding Minerals Technologies’ (MTI) $42.50/share offer, which...
http://www.chemweek.com/sections/business_finance/usa_americas/Imerys-raises-Amcol-bid-to-$42-50share-exceeding-MTI-bid_59204.html
February 28, 2014
Braskem has revised the price of its stock tender offer to minority shareholders of polyvinyl chloride (PVC) manufacturer Solvay Indupa (Buenos Aires) to 2.40 Argentine pesos/share, an...
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-raises-offer-for-Indupa-by-78-percent_59205.html
February 28, 2014
Sensient Technologies, in late February, released a letter to shareholders criticizing the motives of activist hedge fund FrontFour Capital (New York), which proposed a slate of directors to Sensient’s board on 19 February....
http://www.chemweek.com/sections/business_finance/usa_americas/Sensient-blasts-hedge-fund-in-proxy-fight_59206.html
February 27, 2014
Petrochemical producer TVK (Tiszaújváros, Hungary) says that its operating profit in fourth-quarter 2013 was 411 million forint ($1.82 million) compared with a loss of...
http://www.chemweek.com/sections/business_finance/TVK-reports-rise-in-profitability-sales_59076.html
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