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March 14, 2014
AkzoNobel says it has completed an expansion of its industrial coatings site at Songjiang, near Shanghai, doubling capacity and creating the company’s largest plant for packaging...
http://www.chemweek.com/sections/business_finance/usa_americas/AkzoNobel-ups-China-capacity_59572.html
March 14, 2014
Brazil’s demand for chemical products grew 7.1% in 2013, exceeding GDP growth, 2.3%, during the same period, according to figures released by Abiquim (São Paulo), the country’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Brazils-demand-outpaces-production-as-imports-swell_59576.html
March 4, 2014
Ecolab has announced the acquisition of AK Kraus & Hiller Schädlingsbekämpfung (Allershausen, Germany). Kraus & Hiller had annual sales of approximately $4...
http://www.chemweek.com/sections/business_finance/usa_americas/Ecolab-acquires-pest-elimination-company-in-Germany_59292.html
March 2, 2014
Axalta Coating Systems (Philadelphia), the former coatings operations of DuPont, says it is to invest $60 million to build a next-generation plant to expand its production capacity of...
http://www.chemweek.com/sections/business_finance/usa_americas/Axalta-Coating-Systems-to-invest-$60-million-in-waterborne-coatings-Germany_59250.html
February 28, 2014

Favorable demand and market conditions helped lead chemical M&A activity higher in 2013 with indications that gains will continue in 2014, says one industry banker.

...

http://www.chemweek.com/sections/business_finance/usa_americas/M-and-A-strength-seen-in-2013-expected-to-continue_59185.html
February 28, 2014
Styrolution, the equally owned styrenics joint venture of BASF and Ineos, says it plans to mothball its 150,000-m.t./year polystyrene (PS) plant at Indian Orchard, MA, by the end of the year. Styrolution also plans to expand its high-performance transparent styrenics by adding production in Europe....
http://www.chemweek.com/sections/business_finance/usa_americas/Styrolution-to-shut-US-PS-unit-expand-NAS_59167.html
February 28, 2014
Late-reporting specialty chemical companies report mixed fourth-quarter results. Ecolab slightly missed analysts’ estimates even as income rose on strong results in the company’s energy segment. Chemtura’s earnings beat estimates but fell year-on-year (YOY) on weakness in flame retardants and organometallics. Taminco’s loss narrowed on margin....
http://www.chemweek.com/sections/business_finance/usa_americas/Late-specialty-earnings-mixed_59179.html
February 28, 2014
Eastman Chemical announced on 25 February that it will debottleneck carboxylic acid plants at its Longview, TX, and Kingsport, TN, facilities. The additional capacity is expected to be...
http://www.chemweek.com/sections/business_finance/usa_americas/Eastman-plans-carboxylic-acids-expansion-$1-billion-share-buyback_59180.html
February 28, 2014
Monsanto and DuPont, the two largest seed firms globally, both announced deals in February aimed at adding soil analysis capabilities to their fast-growing agricultural data portfolios....
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-and-DuPont-adding-soil-analysis-capabilities_59181.html
February 28, 2014
Cabot announced on 24 February that it has signed a $6-million contract with an unspecified northern US power generator to provide its Darco Hg brand of activated carbon products to...
http://www.chemweek.com/sections/business_finance/usa_americas/Cabot-wins-$6-million-activated-carbon-contract_59182.html
February 28, 2014
ACC has released its monthly Chemical Activity Barometer (CAB), showing that the nine consecutive months of gains have come to a close. Seasonal factors from the unusually harsh winter...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-Chemical-activity-flattens-on-harsh-winter_59183.html
February 28, 2014
Frutarom (Haifa, Israel) announced last week that it has acquired citrus specialty ingredients maker CitraSource (Winter Haven, FL) for $7.5 million plus an additional future payment...
http://www.chemweek.com/sections/business_finance/usa_americas/Frutarom-acquires-Florida-citrus-ingredients-maker_59184.html
February 28, 2014
Ferro says that it is altering the structure of its board, eliminating staggered terms for directors, and eliminating cumulative voting. The board also will appoint Peter Thomas, current president and CEO of Ferro, chairman, replacing Bill Lawrence....
http://www.chemweek.com/sections/business_finance/usa_americas/Ferro-CEO-adds-chairman-title-earnings-swing-to-profit_59178.html
February 28, 2014
Imerys says it has raised its bid for bentonite maker Amcol (Hoffman Estates, IL) to $42.75/share from $41/share, exceeding Minerals Technologies’ (MTI) $42.50/share offer, which...
http://www.chemweek.com/sections/business_finance/usa_americas/Imerys-raises-Amcol-bid-to-$42-50share-exceeding-MTI-bid_59204.html
February 28, 2014
Braskem has revised the price of its stock tender offer to minority shareholders of polyvinyl chloride (PVC) manufacturer Solvay Indupa (Buenos Aires) to 2.40 Argentine pesos/share, an...
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-raises-offer-for-Indupa-by-78-percent_59205.html
February 28, 2014
Sensient Technologies, in late February, released a letter to shareholders criticizing the motives of activist hedge fund FrontFour Capital (New York), which proposed a slate of directors to Sensient’s board on 19 February....
http://www.chemweek.com/sections/business_finance/usa_americas/Sensient-blasts-hedge-fund-in-proxy-fight_59206.html
February 21, 2014
Minerals Technologies (MTI) on 14 February launched a $42/share unsolicited bid for minerals firm Amcol International (Hoffman Estates, IL), setting in motion a possible bidding war with Imerys, which agreed to acquire Amcol on 12 February for about $1.6 billion, or $41/share, including debt. MTI’s bid would value Amcol at about $1.63 billion. MTI says the deal would be immediately accretive to the company’s earnings and could close during the first half of this year....
http://www.chemweek.com/sections/business_finance/usa_americas/Minerals-Technologies-launches-bid-for-Amcol_58958.html
February 21, 2014
Phillips 66’s board has approved the Sweeny Fractionator One project, which will produce purity natural gas liquids; and the Freeport, TX, liquefied petroleum gas (LPG) export...
http://www.chemweek.com/sections/business_finance/usa_americas/Phillips-66-to-proceed-with-$3-billion-in-NGL-projects_58959.html
February 21, 2014
Toray Industries says it has purchased about 400 acres of commercial land in Spartanburg County, SC, for its future business expansion in the United States. Toray, which already...
http://www.chemweek.com/sections/business_finance/usa_americas/Toray-buys-land-in-South-Carolina-will-invest-about-$1-billion-in-US_58960.html
February 21, 2014
The European Commission is set to approve cultivation of DuPont’s 1507, a genetically modified (GM) maize, after 28 EU member-state representatives were unable to reach a...
http://www.chemweek.com/sections/business_finance/usa_americas/EU-set-to-okay-DuPont-biotech-seed_58975.html
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