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August 31, 2015
Monsanto dropped plans to acquire Syngenta after its latest offer was rejected. A deal would have combined the world’s largest seeds company, Monsanto, with the world’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-drops-Syngenta-bid-agchems-reshuffle-possible_73284.html
August 28, 2015
PPG Industries has announced plans to acquire from holding company Madinal Enterprises the 50% stake in Chemfil Canada (Windsor, ON) it does not already own. Terms have not been...
http://www.chemweek.com/sections/business_finance/usa_americas/PPG-Industries-to-acquire-all-of-Chemfil-Canada-JV_73283.html
August 28, 2015
LyondellBasell Industries CEO Bob Patel expects to announce a polyethylene (PE) project later this year, according to a report in the Houston Chronicle. The plant could be located in...
http://www.chemweek.com/sections/business_finance/usa_americas/Report-LyondellBasell-plans-PE-investment-in-Texas_73285.html
August 28, 2015
Dow Chemical said on 18 August that it expects to achieve full propylene production rates by the fourth quarter at the company’s propane dehydrogenation (PDH) facility at...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-expects-full-propylene-rates-in-fourth-quarter-at-new-PDH-plant_73292.html
August 28, 2015
Haverhill Chemicals’ (Houston) CEO Alberto Spera has confirmed that he is leaving the company, after meetings with prospective buyers of the company took place in mid-August. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Haverhill-CEO-leaving-fate-of-company-still-in-the-balance_73293.html
August 28, 2015
Louis Dreyfus Commodities (LDC; Rotterdam) is adding a glycerin refinery to its soybean crushing and biodiesel plant at Claypool, IN. The refinery’s construction is expected to be...
http://www.chemweek.com/sections/business_finance/usa_americas/Louis-Dreyfus-Commodities-adds-glycerin-refinery-at-Indiana-site_73294.html
August 28, 2015
Clariant says it sees strong potential in North America and is targeting above-market revenue growth of 7%/year in the region through 2020. Clariant aims to deliver North American sales of $1.8 billion in 2020, up from $1 billion in 2014....
http://www.chemweek.com/sections/business_finance/usa_americas/Clariant-targets-North-America-growth-opportunities_73295.html
August 28, 2015
Northern Plains Nitrogen (NPN; Valley City, ND) says it has received a construction permit for a previously announced, $2-billion fertilizer complex at Grand Forks, ND. The company...
http://www.chemweek.com/sections/business_finance/usa_americas/North-Dakota-approves-fertilizer-project-another-is-canceled_73286.html
August 28, 2015
Chemours will close its Edgemoor, DE, titanium dioxide (TiO2) plant by the end of September as product margins slump and the company nears completing a 200,000-m.t./year unit at Altamira, Mexico. Chemours also plans to shut a TiO2 line at its New Johnsonville, TN, site....
http://www.chemweek.com/sections/business_finance/usa_americas/Chemours-to-close-Edgemoor-DE-titanium-dioxide-plant_73287.html
August 28, 2015
PolyOne says it has begun closing its Granby, PQ, facility, part of a restructuring process aimed at streamlining production and increasing efficiency following the October 2013...
http://www.chemweek.com/sections/business_finance/usa_americas/PolyOne-closes-facility-in-Canada-shifts-production_73288.html
August 28, 2015
PQ (Malvern, PA) and Eco Services Operations (Cranbury, NJ) say they are combining in an equity-for-equity transaction expected to close in the fourth quarter. George Biltz, president...
http://www.chemweek.com/sections/business_finance/usa_americas/PQ-gains-sulfuric-acid-with-addition-of-Eco-Services_73289.html
August 28, 2015
LyondellBasell Industries says it has accepted Yacimientos Petrolíferos Fiscales (YPF; Buenos Aires) and Grupo Inversor Petroquímica's (GIP; Madrid) joint offer to purchase LyondellBasell's wholly owned polypropylene (PP) subsidiary Petroken Petroquímica Ensenada (Buenos Aires)....
http://www.chemweek.com/sections/business_finance/usa_americas/Argentinas-YPF-returns-to-PP-market-with-two-acquisitions_73290.html
August 28, 2015
Rayonier Advanced Materials (RYAM; Jacksonville, FL) has filed suit against Eastman Chemical in a dispute over the conditions of their speciality cellulose products supply and purchase...
http://www.chemweek.com/sections/business_finance/usa_americas/Rayonier-Eastman-sue-each-other-over-specialty-cellulose-supply-deal_73291.html
August 21, 2015
ACC’s specialty chemicals market volume index began the third quarter on a stable note, the organization says. ACC developed the index to track the specialty chemicals market...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-US-specialty-chemicals-moves-into-third-quarter-on-stable-note_73112.html
August 14, 2015
Berry Plastics (Evansville, IN), a leading maker of plastic packaging, has announced an agreement to acquire Avintiv (Charlotte, NC) from Blackstone Group for approximately $2.45 billion in cash on a debt-free, cash-free basis...
http://www.chemweek.com/sections/business_finance/usa_americas/Berry-Plastics-to-acquire-Avintiv-from-Blackstone_72925.html
August 14, 2015
Cargill says that it has signed an agreement to acquire FMC’s standard-grade pectin operations, including a production site at Milazzo, Italy. Pectin is a key component of...
http://www.chemweek.com/sections/business_finance/usa_americas/Cargill-to-acquire-FMC-pectin-operations_72926.html
August 14, 2015
Yuhuang Chemical Inc. (YCI; Houston), a subsidiary of Shandong Yuhuang Chemical Group Co. (Heze, China), says that it has secured long-term natural gas transportation capacity on the...
http://www.chemweek.com/sections/business_finance/usa_americas/Chinese-firm-secures-gas-supplies-for-Louisiana-mega-methanol-plant_72927.html
August 14, 2015
Chemours has started a review that could lead to the company selling its chemical solutions segment excluding the cyanide business....
http://www.chemweek.com/sections/business_finance/usa_americas/Chemours-considers-selling-chemical-solutions-segment_72953.html
August 14, 2015
Debt refinancing is a risk for a group of nine high-yield-rated chemical companies with a total of about $5 billion in debt maturing in 2017 or 2018, according to Moody’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Moodys-Debt-refinancing-a-risk-for-some-high-yield-chemical-makers_72954.html
August 14, 2015
WestRock (Richmond, VA) has appointed Albemarle executive v.p. D. Michael Wilson as CEO of its Ingevity specialty chemicals unit, effective 1 September. Ingevity, the former MWV...
http://www.chemweek.com/sections/business_finance/usa_americas/WestRock-appoints-CEO-of-Ingevity_72955.html
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