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February 21, 2014
Specialty chemical companies report earnings that mostly beat analysts’ expectations on stronger conditions in key end markets, such as coatings and flavors. International...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-mostly-ahead-of-estimates_58976.html
February 21, 2014
Two activist New York hedge funds have made new moves to assert influence over the strategic direction of Williams Companies (Tulsa, OK), increasing their stake in the firm and hiring...
http://www.chemweek.com/sections/business_finance/usa_americas/Activist-hedge-funds-increase-stake-in-Williams-Companies_58977.html
February 21, 2014
Axiall (Atlanta) and Lotte Chemical (Seoul) have signed a preliminary agreement to pursue a 50-50 joint venture for the construction of a 1-million m.t./year ethane cracker in...
http://www.chemweek.com/sections/business_finance/usa_americas/Axiall-and-Lotte-Chemical-to-partner-on-Louisiana-cracker_58990.html
February 21, 2014
Dow Chemical has rejected a proposal by hedge fund Third Point (New York) that the company spin off its petrochemical operations....
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-rejects-proposed-breakup-and-defends-current-strategy_58991.html
February 21, 2014
Matheson Tri-Gas (Basking Ridge, NJ), a a subsidiary of Taiyo Nippon Sanso (Shinagawa, Japan), has completed the acquisition of Continental Carbonic Products (Decatur, IL), a...
http://www.chemweek.com/sections/business_finance/usa_americas/Matheson-acquires-dry-ice-maker-Continental-Carbonic_58992.html
February 21, 2014
Fertilizer producers posted all-around weaker results this quarter mainly because of plummeting potash prices after the breakup of major potash exporter Belarusian Potash Corp. (BPC)...
http://www.chemweek.com/sections/business_finance/usa_americas/Fertilizer-earnings-plummet-on-collapsing-potash-prices_58993.html
February 21, 2014
Axiall (Atlanta), Huntsman (The Woodlands, TX), and Westlake Chemical (Houston) have turned in year-on-year (YOY) income gains for the fourth quarter on broad-based strength across most of their product lines....
http://www.chemweek.com/sections/business_finance/usa_americas/Diversified-and-commodity-producers-post-income-gains_58994.html
February 7, 2014
W.R. Grace emerged from bankruptcy protection last week, ending nearly 13 years of operation under Chapter 11 protection to resolve nearly 130,000 asbestos personal injury and property damage claims....
http://www.chemweek.com/sections/business_finance/usa_americas/W-R-Grace-exits-bankruptcy-protection-after-13-years_58663.html
February 7, 2014
Specialty chemical companies mostly report solid fourth-quarter results, since key end markets have grown steadily. Sherwin-Williams (SW) rode the rebound in architectural paint sales...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-rise-along-with-end-markets_58640.html
February 7, 2014
EPA announced on 24 January that it has added 50 chemicals, including 40 fragrance chemicals, to its Safer Chemical Ingredients List (SCIL). The SCIL was created in September 2012 and...
http://www.chemweek.com/sections/business_finance/usa_americas/EPA-adds-50-chemicals-to-safer-ingredients-list_58627.html
February 7, 2014
Kraton Performance Polymers has entered into a definitive agreement to combine with the styrenic block copolymer (SBC) operations of LCY Chemical (Taipei), which had been earlier known as Lee Chang Yung Chemical Industry Corp....
http://www.chemweek.com/sections/business_finance/usa_americas/Kraton-to-merge-with-SBC-business-of-LCY-Chemical_58628.html
February 7, 2014
Taminco (Allentown, PA) and Balchem (New Hampton, NY) have signed an agreement to build and operate a choline chloride facility at St. Gabriel, LA, where both companies operate...
http://www.chemweek.com/sections/business_finance/usa_americas/Taminco-and-Balchem-form-choline-chloride-JV_58629.html
February 7, 2014
Cautious optimism was the phrase buzzing through the halls of the Grande Lakes Orlando in the final week of January at the American Cleaning Institute’s (ACI) annual meeting and...
http://www.chemweek.com/sections/business_finance/usa_americas/ACI-2014-Soapers-stable-but-innovation-key-to-growth_58630.html
February 7, 2014
Senator David Vitter (R., LA) told attendees on 31 January at the American Cleaning Institute’s annual meeting, held at Orlando, that he is hopeful that chemical management reform will clear Congress this year....
http://www.chemweek.com/sections/business_finance/usa_americas/Senator-Vitter-optimistic-about-prospects-for-TSCA-reform-in-2014_58631.html
February 7, 2014
Praxair announced on 3 February that it has completed the acquisition of its industrial gases joint venture Praxair Distribution Mid-Atlantic (PDMA; Allentown, PA). The company had...
http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-buys-out-mid-Atlantic-distribution-joint-venture_58664.html
February 7, 2014
Solvay says it plans to increase its production capacity of natural soda ash at its Green River, WY, plant by 150,000 m.t./year by early 2015, to meet growing demand of its US export...
http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-increases-soda-ash-capacity-in-United-States_58665.html
February 7, 2014
PPG Industries has reached a definitive agreement to acquire Hi-Temp Coatings Technology (Boxborough, MA), a privately held maker of high-temperature-resistant and insulative coatings...
http://www.chemweek.com/sections/business_finance/usa_americas/PPG-to-acquire-heat-resistant-industrial-coatings-maker_58639.html
February 7, 2014
US Water Services (St. Michael, MN) has acquired ChemCal (Grapevine, TX), an industrial water treatment firm, for an undisclosed amount, the company says. ChemCal focuses in the...
http://www.chemweek.com/sections/business_finance/usa_americas/US-Water-Services-acquires-Texas-water-treatment-firm-ChemCal_58641.html
January 28, 2014
The European Union and 13 other members of the World Trade Organization (WTO; Geneva), including the United States and China, have pledged to launch negotiations within the WTO to...
http://www.chemweek.com/sections/business_finance/usa_americas/WTO-members-start-initiative-to-reduce-tariffs-on-green-goods_58354.html
January 24, 2014
Freedom Industries has filed for bankruptcy a week after a leak at one of its tanks containing 4-methylcyclohexane methanol (MCHM) forced a water ban in nine West Vriginia counties surrounding Charleston, WV—the state’s largest city....
http://www.chemweek.com/sections/business_finance/usa_americas/Freedom-Industries-declares-bankruptcy-following-WV-spill_58278.html
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