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July 31, 2015
OCI (Amsterdam) and CF Industries have confirmed that they are discussing possible combinations or transactions of their businesses....
http://www.chemweek.com/sections/business_finance/usa_americas/CF-Industries-and-OCI-confirm-talks-to-merge-their-operations_72598.html
July 31, 2015
Lubrizol says it has started a hyperdispersant reactor at its Avon Lake, OH, facility. The unit will be used for manufacturing Solsperse hyperdispersants, which are used to produce a...
http://www.chemweek.com/sections/business_finance/usa_americas/Lubrizol-increases-US-hyperdispersant-capacity_72599.html
July 31, 2015
Haltermann Carless Solutions (HCS; Frankfurt) has acquired Shu-Chem Holdings (Manvel, TX), a family-owned company. The acquisition is intended to grow HCS’s market presence in...
http://www.chemweek.com/sections/business_finance/usa_americas/Haltermann-Carless-Solutions-acquires-US-producer-Shu-Chem_72600.html
July 31, 2015
Ardian (Frankfurt), an independent private investment company, says that it has acquired the exclusive synthesis and maleic anhydride (MA) intermediates and specialties businesses of...
http://www.chemweek.com/sections/business_finance/europe_mideast/Ardian-buys-agchem-intermediates-MA-businesses-from-DSM-JV_72601.html
July 31, 2015
BASF has announced plans to restructure its pigments business for the second time in two years. BASF will form a global business unit combining all of its pigments activities effective January 2016. BASF intends to carve out its pigments business in the second half of 2016 and establish separate legal entities....
http://www.chemweek.com/sections/business_finance/europe_mideast/BASF-to-restructure-pigments-business-will-evaluate-options_72602.html
July 31, 2015
The $2-billion breakup fee offered by Monsanto to Syngenta in case antitrust regulators block Monsanto’s proposed acquisition would apply to any antitrust concerns...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-Fee-payable-if-Syngenta-deal-is-blocked-on-any-grounds_72621.html
July 30, 2015
Evonik Industries is globalizing its R&D activities for the global cosmetics industry, and at the same time using local R&D to strengthen its position in important growth...
http://www.chemweek.com/sections/business_finance/usa_americas/Evonik-expands-global-R-and-D-for-cosmetics-personal-care_72560.html
July 24, 2015
ACC reports that US specialty chemical market volumes decreased 0.3% sequentially in June following a sequential fall of 0.4% in May. Volumes are up only 0.1% year-on-year (YOY) on a...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-US-specialty-chemicals-market-softens-in-June_72421.html
July 24, 2015
Sensient Technologies (Milwaukee) has reported lower sales and operating income in the second quarter of this year compared with the corresponding period a year ago. Revenue in...
http://www.chemweek.com/sections/business_finance/Sensient-reports-leap-in-adjusted-income-on-lower-sales-in-second-quarter_72415.html
July 24, 2015
Synthetic rubber maker Synthos (Oswiecim, Poland) and Poland’s National Centre for Research and Development (NCBR) say they have signed a joint venture agreement under which they...
http://www.chemweek.com/sections/business_finance/europe_mideast/Synthos-and-Polands-national-R-and-D-center-sign-JV-for-innovation_72418.html
July 23, 2015
Recipharm (Jordbro, Sweden), a contract development and manufacturing organization, says that its net sales in second-quarter 2015 were 868 million Swedish kroner ($101.2 million)...
http://www.chemweek.com/sections/business_finance/Recipahrm-sales-profit-increase-by-double-digits-in-second-quarter-and-first-half_72388.html
July 23, 2015
France’s parliament has adopted a law on energy transition and green growth, which contains a series of legislative proposals aimed at protecting the environment, including...
http://www.chemweek.com/sections/business_finance/europe_mideast/France-proposes-green-measure-including-compostable-plastic-bags_72395.html
July 22, 2015
Evonik Industries has inaugurated a business and innovation center in the area of Richmond, VA. The center will combine R&D, marketing, sales, customer service, and various support...
http://www.chemweek.com/sections/business_finance/usa_americas/Evonik-opens-$15-4-million-business-and-innovation-center-in-Virginia_72351.html
July 20, 2015
Renewable chemicals firm Genomatica (San Diego) has announced that has entered into a collaboration agreement with Cargill to “accelerate the production of renewable chemicals...
http://www.chemweek.com/sections/business_finance/usa_americas/Genomatica-signs-collaboration-agreement-with-Cargill_72311.html
July 20, 2015
GFBiochemicals (Milan) announced at the BIO World Congress on Industrial Biotechnology, at Montreal that it has started commercially producing levulinic acid (4-oxopentanoic acid) at...
http://www.chemweek.com/sections/business_finance/europe_mideast/GFBiochemicals-starts-commercially-producing-levulinic-acid-from-biomass_72307.html
July 17, 2015
Petrobras (Rio de Janeiro) would consider selling its stake in Braskem as a means to build provisions against tax debts nearing 40 billion reais ($12.7 billion), to reduce other debt...
http://www.chemweek.com/sections/business_finance/usa_americas/Petrobras-mulls-divesting-stake-in-Braskem-in-2015-16_72228.html
July 17, 2015
PotashCorp has responded to K+S’s (Kassel, Germany) rejection of PotashCorp’s unsolicited proposal to acquire K+S for €41/share ($44.62), valuing the bid at €7.84 billion (CW, July 6, p. 7)....
http://www.chemweek.com/sections/business_finance/usa_americas/PotashCorp-confident-K+Ss-concerns-can-be-addressed_72229.html
July 17, 2015
Praxair has signed a long-term agreement to purchase crude carbon dioxide (CO2) from Delaware City Refining Co. (Delaware City, DE). Financial terms have not been disclosed. Praxair...
http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-to-build-carbon-dioxide-unit-in-Delaware_72230.html
July 17, 2015
OSHA has placed DuPont in its severe violator enforcement program after inspections that followed a fatal accident last November at the company’s La Porte, TX, site found “serious...
http://www.chemweek.com/sections/business_finance/usa_americas/OSHA-places-DuPont-in-severe-violator-enforcement-program_72242.html
July 17, 2015
Enterprise Products Partners (Houston) plans several projects to increase pipeline capacity for polymer-grade propylene between 2017 and 2020. Enterprise will convert and expand the...
http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-to-add-PG-propylene-pipeline-capacity_72243.html
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