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November 18, 2013
The European Union and the United States have concluded the second round of week-long negotiations for the transatlantic trade and investment partnership (TTIP). "Significant...
http://www.chemweek.com/sections/business_finance/usa_americas/EU-and-US-conclude-second-round-of-trade-negotiations-at-Brussels_56752.html
November 15, 2013
Amyris (Emeryville, CA) has announced the appointment of Paolo Diniz as interim CFO, effective 15 December. Diniz, currently president/Brazil at Amyris, will replace Steve Mills, who...
http://www.chemweek.com/sections/business_finance/usa_americas/Amyris-appoints-interim-CFO_56726.html
November 8, 2013
The impact of North America’s shale gale was the prevailing theme at the Global Plastics Summit, held in Chicago by IHS Chemical in collaboration with the Society of the Plastics...
http://www.chemweek.com/sections/business_finance/usa_americas/North-American-plastics-gain-on-reshoring-of-manufacturing_56551.html
November 8, 2013
CF Industries (Deerfield, IL) announced on 28 October that it is selling its phosphates mining and manufacturing business to Mosaic for $1.4 billion in cash...
http://www.chemweek.com/sections/business_finance/usa_americas/Mosaic-acquires-CF-Industries-phosphates-unit-for-$1-4-billion_56534.html
November 8, 2013
Rextac (Odessa, TX), a manufacturer of polypropylene (PP)-based adhesives, plans to build an integrated propane dehydrogenation (PDH)-PP facility adjacent to its petrochemical complex...
http://www.chemweek.com/sections/business_finance/usa_americas/Rextac-plans-integrated-PDH-PP-facility-in-Texas_56535.html
November 8, 2013
Mexico’s federal competition commission has denied Sherwin-Williams’ (SW) appeal of the commission’s ruling blocking the acquisition of Comex, the company says...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexican-antitrust-agency-denies-SW-Comex-appeal_56536.html
November 8, 2013
Uncertainty in the potash market, partially caused by the breakup of export cartel Belaruski Potash Corp. (Minsk) in July, led to weaker third-quarter earnings for most fertilizer...
http://www.chemweek.com/sections/business_finance/usa_americas/Fertilizer-earnings-down-on-weak-potash-market_56553.html
November 8, 2013
Chemical segment earnings for US oil makers and refiners were up across the board in the third quarter. Strength in petrochemical markets, particularly in the United States, helped...
http://www.chemweek.com/sections/business_finance/usa_americas/Oil-firms-post-stronger-petrochemical-earnings_56554.html
November 8, 2013
Specialty chemical makers mostly beat estimates with resilient earnings, since major end markets, such as paints, water treatment, and agriculture grew. Some businesses, partcularly...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-hold-on-resilient-end-markets_56555.html
November 8, 2013
Ashland says that it expects to complete the sale of the water treatment segment in early 2014. The company announced over the summer that it was considering the sale, which could attract more than $1 billion ( CW; July 22/29, p.4), analysts say....
http://www.chemweek.com/sections/business_finance/usa_americas/Ashland-confirms-water-treatment-sale_56579.html
November 8, 2013
Activist hedge fund Starboard Value (New York), which effected a change in Calgon Carbon’s board earlier this year, has released a letter to management calling for the conversion...
http://www.chemweek.com/sections/business_finance/usa_americas/Hedge-fund-advocates-MLP-for-Calgon-Carbon_56580.html
November 8, 2013
Innospec has acquired oilfield chemicals firm Bachman Services (Oklahoma City) for an undisclosed sum. Bachman has annual revenues of about $80 million, Innospec says. Along with...
http://www.chemweek.com/sections/business_finance/usa_americas/Innospec-acquires-oilfield-chemicals-firm_56581.html
November 8, 2013
DuPont officials say the late October announcement to proceed with a spin-off of its performance chemicals allows the company to better align the strategic focus and capital structure...
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-will-spin-off-not-sell-performance-chemicals_56582.html
October 30, 2013
Syngenta says it has registered Fortenza, a novel insecticide for use on soybean, corn, and sunflower, in Argentina. The company says that further registration is pending in several...
http://www.chemweek.com/sections/business_finance/usa_americas/Syngenta-launches-insecticide-for-seed-treatment_56311.html
October 28, 2013
DuPont says it has opened the second phase of its China R&D center at the Zhangjiang Hi-Tech Park, at Shanghai. The center will house an additional 150 researchers, and the floor...
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-expands-R-and-D-center-in-China_56244.html
October 25, 2013
Air Products says it plans to build, own, and operate a hydrogen production plant adjacent to Shell Canada’s Scotford, AB, site. Hydrogen capacity at the facility will be 150...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-to-build-hydrogen-facility-for-Shell_56168.html
October 25, 2013
Braskem says it will invest 50 million reais ($22.9 million) to expand its production capacity for linear low-density polyethylene by 120,000 m.t./year at the Camaçari, Brazil...
http://www.chemweek.com/sections/business_finance/usa_americas/Braskem-to-boost-LLDPE-renews-green-PE-distribution-agreement_56169.html
October 25, 2013
The US Supreme Court announced 15 October that it will hear six cases concerning whether EPA has overextended authority under the Clean Air Act (CAA) by attempting to regulate greenhouse gas (GHG) emissions from stationary sources....
http://www.chemweek.com/sections/business_finance/usa_americas/Supreme-Court-agrees-to-review-EPA-GHG-rules_56170.html
October 25, 2013
Platform Acquisition Holdings has agreed to acquire specialty chemical maker MacDermid (Denver) for $1.8 billion. Platform, a blank-check firm formed by Jarden executive chairman...
http://www.chemweek.com/sections/business_finance/usa_americas/Platform-acquires-MacDermid-for-$1-8-billion-plans-more-deals_56208.html
October 25, 2013
W.R. Grace has agreed to acquire Dow Chemical’s Unipol polypropylene (PP) licensing and catalyst business for $500 million. The transaction is expected to close by year-end....
http://www.chemweek.com/sections/business_finance/usa_americas/Grace-to-acquire-Dows-PP-catalyst-licensing-business-for-$500-million_56209.html
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