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November 14, 2014
Ballooning trade deficits and how Latin American can emulate North America’s investment boon with its own shale gas resources dominated discussion at the 34th annual meeting of...
November 14, 2014
Eastman Chemical is forecasting 8–12% annual earnings growth for the next three years. Earnings in 2014 are expected to approach $7.00/share, up from $6.44 in 2013, with 2015...
November 14, 2014
Momentive Specialty Chemicals (MSC) plans to build two formaldehyde plants in Louisiana. Investment will total $66 million, with construction occurring through 2014 and 2015. Combined...
November 14, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site...
November 10, 2014
Virent (Madison, WI) and the PlantPET Technology Collaborative (PTC) have announced that they have signed an expression of interest that provides individual members of the PTC an...
October 31, 2014
BASF says its BASF Venture Capital subsidiary has invested $1.5 million in SLIPS Technolgies (Cambridge, MA), part of a $3 million series A financing. Swiss entrepreneur and private...
October 31, 2014
ACC’s monthly chemical activity barometer (CAB) decreased 0.1% over October measured on a three-month moving average (3MMA) basis. However, despite the decline, ACC says the CAB...
October 31, 2014
Sasol has decided to proceed with an $8.1-billion ethane cracker and derivatives project at the company’s Lake Charles, LA, site....
October 31, 2014
Westlake has held a dedication ceremony to celebrate the expansion of the company’s Calvert City, KY, vinyls complex. Westlake spent in excess of $300 million for the project...
October 31, 2014
DuPont fired back at activist investor Trian Management in a 28 October letter to shareholders, citing the benefits of maintaining DuPont’s diverse product portfolio and dismissing Trian’s proposal to split the company’s higher-growth nutrition, agriculture, and industrial biotech operations from its long-held materials segments....
October 31, 2014
Fertilizer producers report mixed results in the third quarter, with potash markets generally weak. Phosphate markets, meanwhile, have been strong for the major producers, while supply...
October 31, 2014
Specialty chemical companies that reported in late October mostly beat analysts’ earnings expectations. Most firms report increased sales, although volumes did vary by end...
October 27, 2014
The Intergovernmental Panel on Climate Change (IPCC; Geneva) today opened its meeting in Copenhagen to finalize its synthesis report, which will provide policymakers with a...
October 24, 2014
Platform Specialty Products (Miami) has agreed to acquire Arysta LifeScience, a maker of pesticides and biological products, from private equity firm Permira for approximately $3.51 billion. Platform was formed by the acquisition of specialty chemical maker MacDermid for $1.8 billion last year by an investment vehicle founded by Jarden executive chairman Martin Franklin....
October 24, 2014
CF Industries (Deerfield, IL) and Yara International (Oslo) announced on 17 October that they have terminated merger discussions. Yara and CF, which confirmed deal talks on 23...
October 24, 2014
Nilit (Migdal HaEmek, Israel), a manufacturer of nylon-6,6 for thermoplastics and apparel applications, has signed an agreement to acquire Invista’s Americana, Brazil, manufacturing...
October 24, 2014
PPG Industries says Mexico’s competition commission is extending the deadline for its review of PPG’s proposed $2.3-billion acquisition of Comex. PPG said on 13 October...
October 24, 2014
The European Commission has issued a statement of objections to Honeywell and DuPont, citing the commission’s preliminary view that a cooperation started in 2010 to develop and...
October 24, 2014
Badlands NGL, a private equity firm, is planning a $4.0-billion, 1.5-million m.t./year polyethylene (PE) facility to be located in North Dakota, atop the Bakken Shale basin....
October 24, 2014
The US Department of Commerce (Commerce Department) on 15 October released its proposed final resolution regarding antidumping duties and countervailing duties on Chinese refrigerant...
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