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January 14, 2016
Kraton Performance Polymers is issuing $440 million in bonds; a $1.35-billion first lein term loan facility; and a $250-million, asset-based credit revolver, to help fund the...
January 7, 2016
Monsanto reports better-than-expected fiscal first-quarter results due to cost cuts and increased soybean sales but will expand its restructuring program to include another 1,000 job cuts in an effort to cope with slumping corn sales and increased currency pressure....
January 7, 2016
Monsanto and Novozymes say they are planning to launch a jointly developed corn inoculant in 2017 after US field trials showed it increased yields by an average of four bushels/acre...
January 7, 2016
Methanex says that on 27 December 2015 it started producing methanol from its newly completed 1-million m.t./year Geismar 2 plant at Geismar, LA. The plant has been relocated from the...
January 7, 2016
The Frank R. Lautenberg Chemical Safety for the 21st Century Act (Lautenberg Bill) passed unanimously in the Senate on 18 December, improving the outlook for an effective overhaul of the Toxic Substances and Control Act of 1976 (TSCA) after decades of reform efforts....
January 7, 2016
Echoing sentiments heard in many quarters, ACC chief economist Kevin Swift and Robert Fry, an independent economist who had worked at DuPont, say that companies should brace for slow...
December 17, 2015
The United States chemical sector grew 3.6% this year despite the strong US dollar and weakness in key export markets, ACC says in its Year-End 2015 Chemical Industry Situation and...
December 17, 2015
CSW Industrials (CSWI), the former specialty chemicals businesses of Capital Southwest (Dallas), is planning to grow through targeted acquisitions as it combines six businesses into...
December 17, 2015
SK Capital (New York) says it will sell radiopharmaceuticals firm IBA Molecular to CapVest Partners (London), another private equity firm, for an undisclosed sum. IBA Molecular...
December 17, 2015
The M&A market in the chemicals sector was steady during the third quarter, with $9 billion in deals above $25 million completed, according to data provided by Young & Partners (Y&P; New York), an investment bank. This total is up 22% from $7 billion in deals completed during the second quarter. For the first nine months of the year, $31 billion in M&A deals were completed, the equivalent figure to last year, according to Y&P....
December 17, 2015
MEGlobal has applied to the Texas Commission on Environmental Quality (TCEQ) for an air permit authorizing the construction of an ethylene glycol facility in Freeport, TX, according to...
December 17, 2015
Merck KGaA (Darmstadt, Germany) says that it has acquired Ormet Circuits (San Diego), a company that designs, manufactures, and sells sintering, electrically conductive materials used...
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