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September 11, 2015
Ferro on 3 September agreed to acquire Al Salomi for Frit and Glazes (Cairo), a tile coatings maker in the Mideast and North Africa (MENA) market, on a cash-free and debt-free basis...
http://www.chemweek.com/sections/business_finance/usa_americas/Ferro-to-acquire-tile-coatings-manufacturer-in-Egypt_73575.html
September 11, 2015
Senior executives and directors of FMC have recently purchased about $4.5 million worth of common stock in the company, FMC says....
http://www.chemweek.com/sections/business_finance/usa_americas/FMC-execs-directors-buy-$4-5-million-in-company-stock_73576.html
September 11, 2015
US propylene stocks increased during the final week of August, according to data released on 2 September by the Energy Information Administration. Propane/propylene stocks were at 96.3...
http://www.chemweek.com/sections/business_finance/usa_americas/US-propylene-stocks-up-in-final-week-of-August_73577.html
September 11, 2015
Braskem (São Paulo) and Petrobras (Rio de Janeiro) have further extended the contract under which Petrobras supplies naphtha feedstock to Braskem. The companies have extended...
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-Petrobras-extend-naphtha-contract-by-two-months_73578.html
September 11, 2015
LSB Industries, a maker of nitrogen-based chemicals and climate control equipment, has announced president and CEO Barry Golsen has stepped down after 38 years with the company. Golsen...
http://www.chemweek.com/sections/business_finance/usa_americas/LSB-Industries-CEO-steps-down-after-eight-months_73579.html
September 11, 2015
PTT Global Chemical (PTTGC; Bangkok) has selected two engineering consortia, one led by Bechtel (Houston) and the other by Fluor (Irving, TX), to carry out separate front-end engineering designs (FEED) and provide cost estimates for a world-scale petrochemical complex at Dilles Bottom, OH....
http://www.chemweek.com/sections/business_finance/usa_americas/PTTGC-awards-Ohio-FEED-to-Fluor-and-Bechtel-consortia_73584.html
September 11, 2015
Arsenal Capital’s Accella Performance Materials (St. Louis) last week announced the acquisitions of Burtin Polymer Labs and Coating and Foam Solutions (Cartersville, GA), a maker of spray foams and coatings for insulation and roofing; and Premium Spray Products (Marietta, GA), a maker of spray foams and polyurethane systems. The exact size of the deals have not been disclosed....
http://www.chemweek.com/sections/business_finance/usa_americas/Arsenals-Accella-acquires-two-spray-foam-makers_73596.html
September 11, 2015
Altivia (Houston), a maker of iron-based salts for water treatment applications, has agreed in principle to purchase chemical producer Haverhill Chemicals, IHS Chemical learned on 10...
http://www.chemweek.com/sections/business_finance/usa_americas/Altivia-agrees-to-acquire-Haverhill-Chemicals_73597.html
September 11, 2015
Cytec says in regulatory filings related to its pending takeover by Solvay that one of its largest customers expressed support starting in July 2014 for a possible collaboration...
http://www.chemweek.com/sections/business_finance/usa_americas/Did-Boeing-prompt-process-that-led-to-Cytec-sale_73601.html
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
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