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October 10, 2014
Agrium on 1 October said it expects third-quarter earnings to total 45–55 cts/share, roughly flat compared with the year-ago quarter. The company also says that fourth-quarter...
http://www.chemweek.com/sections/business_finance/usa_americas/Agrium-expects-third-quarter-earnings-to-be-flat_64407.html
October 10, 2014
Platform Specialty Products is in advanced talks to acquire Arysta Life Science (Dublin), a maker of agricultural chemical products, from private equity firm Permira Advisers (London)...
http://www.chemweek.com/sections/business_finance/usa_americas/Reports-Platform-in-advanced-talks-to-acquire-Arysta_64408.html
October 10, 2014
Solvay, the world’s leading producer of soda ash, has announced plans to invest in its plant at Devnya, Bulgaria, to improve energy efficiency....
http://www.chemweek.com/sections/business_finance/europe_mideast/Solvay-invests-in-soda-ash-plant-in-Bulgaria_64368.html
October 10, 2014
Toray Industries has held a ceremony to mark the completion of a new polyacrylonitrile (PAN) manufacturing plant at Lacq, France. The product is used as precursor in the production of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Toray-commissions-carbon-fiber-precursor-plant-in-France_64369.html
October 10, 2014
EuroChem (Moscow), one of the world’s leading fertilizer companies, has announced plans to redomicile its headquarters to Zug, Switzerland. The change in corporate structure is...
http://www.chemweek.com/sections/business_finance/europe_mideast/EuroChem-to-move-HQ-to-Switzerland_64370.html
October 10, 2014
Showa Denko, citing the challenging business environment, has decided to dissolve its Showa Esterindo Indonesia (Jakarta) joint venture and terminate its production of ethyl acetate. Showa Esterindo Indonesia was established in 1997 to produce and sell ethyl acetate for the Southeast Asian market....
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-to-stop-ethyl-acetate-production-in-Indonesia_64371.html
October 10, 2014
Dow Chemical expects to have buyers for the Angus Chemical Co., sodium borohydride, and AgroFresh businesses by the end of the year, confirming reports that it would divest the businesses. The company also says it will acquire ExxonMobil Chemical’s share of Univation Technologies....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-to-sell-Angus-AgroFresh-and-borohydride-this-year_64409.html
October 10, 2014
Innospec has agreed to acquire Independence Oilfield Chemicals (IOC; Houston), a portfolio company of private equity firm CSL Capital Management (Greenwich, CT), for an initial $100...
http://www.chemweek.com/sections/business_finance/usa_americas/Innospec-to-acquire-US-oilfield-chemicals-firm-for-at-least-$100-million_64410.html
October 10, 2014
Rentech Nitrogen (Los Angeles), North America’s largest producer of synthetic granular ammonium sulfate (AS) fertilizer, has announced plans to restructure its unprofitable...
http://www.chemweek.com/sections/business_finance/usa_americas/Rentech-to-cut-jobs-and-output-at-Pasadena_64411.html
October 10, 2014
Huntsman plans to build a world-scale; 400,000-m.t./year methylene di-para-phenylene isocyanate (MDI) plant at its site at Geismar, LA....
http://www.chemweek.com/sections/business_finance/usa_americas/Huntsman-plans-world-scale-MDI-plant-for-Geismar-LA_64412.html
October 10, 2014
Potash Ridge (Toronto) has entered into a nonbinding memorandum of understanding (MOU) with a third-party marketer for the sulfuric acid production from its Blawn Mountain project...
http://www.chemweek.com/sections/business_finance/usa_americas/Potash-Ridge-signs-sulfuric-acid-offtake-agreement_64413.html
October 10, 2014
Composites and coatings maker Reichhold Industries (Durham, NC) on 30 September filed for Chapter 11 bankruptcy protection in US Bankruptcy Court in the District of Delaware. As part...
http://www.chemweek.com/sections/business_finance/usa_americas/Reichhold-files-for-bankruptcy-may-sell-US-business_64414.html
October 10, 2014
Monsanto has narrowed its loss for its seasonally weak fourth quarter, but the results and its 2015 outlook trail estimates. The company reports a net loss of $156 million compared...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-thins-loss-outlook-falls-short_64427.html
October 10, 2014
Disagreement over states’ authority to regulate chemicals and deadlines for EPA review of chemicals of concern continue to hold up the passage of the Chemical Safety Improvement...
http://www.chemweek.com/sections/business_finance/usa_americas/TSCA-reform-hits-a-wall_64428.html
October 8, 2014
Nina Cromnier has been elected for a second term as chair of the management board of the European Chemicals Agency (ECHA; Helsinki), the agency has announced. Cromnier’s second...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-management-board-chair-reelected_64286.html
October 8, 2014
Evonik Industries has opened a new production line for surface-treated fumed silica at its Rheinfelden, Germany site, thereby increasing the company’s global capacity by 25%. The...
http://www.chemweek.com/sections/business_finance/europe_mideast/Evonik-boosts-global-capacity-for-specialty-silicas-by-25-percent-with-expansion-at-Rheinfelden-Germany_64341.html
October 8, 2014
The biocidal products committee (BPC) of the European Chemicals Agency (ECHA; Helsinki) has adopted opinions on four active substances: glutaraldehyde; clothianidin...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHAs-biocidal-products-committee-adopts-ten-opinions_64335.html
October 7, 2014
Specialty chemicals company Altana (Wesel, Germany) says it is increasing the size of its management board to three members. Christoph Schlünken, president/additives and...
http://www.chemweek.com/sections/business_finance/europe_mideast/Altana-enlarges-management-board_64315.html
October 7, 2014
The European Chemicals Agency (ECHA; Helsinki) has started a 45-day public commenting period on proposals for harmonized classification and labelling (CLH) for clorophene and...
http://www.chemweek.com/sections/business_finance/europe_mideast/ECHA-opens-CLH-consultations-on-two-substances_64317.html
October 6, 2014
Germany’s chemical industry association VCI (Frankfurt) says it welcomes the recent announcement of a comprehensive economic and trade agreement (CETA) between the European Union...
http://www.chemweek.com/sections/business_finance/usa_americas/VCI-welcomes-trade-agreement-between-EU-and-Canada-sees-growth-potential-for-German-chemicals_64284.html
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