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December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/sections/business_finance/usa_americas/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
December 12, 2014
US chemical output is set to accelerate sharply through the end of the decade, exceeding the growth of the overall US and global economies, aided by a strong cost advantage and...
http://www.chemweek.com/sections/business_finance/usa_americas/US-Europe-chemical-outlooks-diverge-widely-for-2015_66121.html
December 12, 2014
The US Bankruptcy Court in Delaware has approved the restructuring plan for RPM’s Bondex subsidiary, a maker of pigments, metal coatings, cleaning products, and a variety of...
http://www.chemweek.com/sections/business_finance/usa_americas/Court-approves-restructuring-plan-for-RPMs-Bondex-business_66130.html
December 12, 2014
Both Eastman and Ecolab have announced increases to quarterly dividend payments. Eastman says its board has approved a quarterly cash dividend increase of 14%, to 40 cts/share, on the...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-and-Ecolab-increase-dividends_66111.html
December 12, 2014
Vertellus (Indianapolis), a leading producer of specialty chemicals for the life sciences sector and other industrial applications, has signed a definitive agreement to acquire the...
http://www.chemweek.com/sections/business_finance/usa_americas/Vertellus-to-acquire-Dows-sodium-borohydride-business_66112.html
December 12, 2014
The New Zealand Superannuation Fund (NZ Super Fund) has made a $60-million equity investment in LanzaTech (Chicago) as part of a D-series round of funding that has raised $112.6 for...
http://www.chemweek.com/sections/business_finance/usa_americas/New-Zealand-invests-$60-million-in-LanzaTech_66113.html
December 12, 2014
The United States is an important growth market for BASF and other German manufacturers, according to 2015’s German American Business Outlook (GABO), a survey of German firms...
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-CFO-United-States-is-a-stable-growth-environment_66124.html
December 12, 2014
Monsanto says its agriculture analytics division Climate Corp. (San Francisco) has acquired 640 Labs, an agricultural technology start-up based in Chicago. Financial terms have not...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-acquires-Chicago-precision-ag-start-up_66125.html
December 12, 2014
Solvay has announced that it is acquiring Dhaymers (Taboão da Serra, Brazil), a producer of specialty esters. With the acquisition, Solvay enters the skin-care market and expands its presence in the industrial lubricants and mining industries in Latin America....
http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-acquires-specialty-esters-producer-in-Brazil_66126.html
December 12, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has completed installing a 10th furnace in ethylene unit 33 at its Sweeny complex in Old Ocean, TX. The company expects the new...
http://www.chemweek.com/sections/business_finance/usa_americas/Chevron-Phillips-completes-Sweeny-ethylene-expansion_66127.html
December 12, 2014
Air Liquide held a groundbreaking ceremony on 8 December for a new air separation unit (ASU) that will produce oxygen, nitrogen, and argon at its production facility at Port Neches...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Liquide-breaks-ground-on-Port-Neches-ASU_66128.html
December 12, 2014
Sherwin-Williams (SW) announced on 10 December that it will supply paint to Lowe’s, the US building-supply retailer, under a program called HGTV Home. Products under that brand...
http://www.chemweek.com/sections/business_finance/usa_americas/Sherwin-Williams-wins-architectural-paints-deal-at-Lowes_66129.html
December 9, 2014
Cecilia Malmström, recently confirmed European commissioner for trade, appeared before the European Parliament recently to answer questions about the transatlantic trade and...
http://www.chemweek.com/sections/business_finance/usa_americas/New-European-trade-commissioner-Malmstrom-answers-MEPs-questions-on-TTIP_65993.html
December 8, 2014
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies...
http://www.chemweek.com/sections/business_finance/usa_americas/Report-Europe-must-boost-R-and-D-investment-to-remain-competitive_65957.html
December 5, 2014
At a public hearing this week, members of the European Parliament (MEPs) grilled negotiators and experts involved in the trade discussions with the United States over the Transatlantic...
http://www.chemweek.com/sections/business_finance/usa_americas/MEPs-grill-TTIP-negotiators_65931.html
December 5, 2014
Huntsman says it will cut 900 jobs in its titanium dioxide (TiO2) pigments and additives segment as part of a restructuring effort expected to generate savings of $130.0 million/year by mid-2016....
http://www.chemweek.com/sections/business_finance/usa_americas/Huntsman-to-cut-900-jobs-in-TiO2-and-addtives-segment_65839.html
December 5, 2014
EPA said on 26 November that it was proposing stricter ozone standards within a range of 65–70 parts per billion (ppb)while taking comment on a level as low as 60 ppb. EPA last...
http://www.chemweek.com/sections/business_finance/usa_americas/Industry-groups-criticize-EPA-plan-for-stricter-ozone-standards_65840.html
December 5, 2014
Dow Chemical and hedge fund Third Point (New York) reached an agreement 21 November that will add four new independent directors to Dow’s board, averting a proxy fight next spring....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-Third-Point-reach-agreement-on-board-seats_65877.html
December 5, 2014
Williams Partners expects its expanded Geismar, LA, plant to begin producing ethylene for sale in December. The plant, which has been off-line since an explosion in June 2013, has been...
http://www.chemweek.com/sections/business_finance/usa_americas/Williams-says-Geismar-plant-to-make-ethylene-for-sale-in-December_65878.html
December 5, 2014
Westlake Chemical (Houston) has hired Technip for a portion of its $330-million ethylene project at Lake Charles, LA. The company has also initiated a new $250-million share repurchase...
http://www.chemweek.com/sections/business_finance/usa_americas/Westlake-hires-Technip-for-Lake-Charles-ethylene-project_65879.html
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