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October 25, 2013
Chemtura has reached an agreement to sell its pool and spa chemicals business to KIK Custom Products (Toronto) for $315 million. Chemtura has also announced that is exploring the sale of its agricultural chemicals segment....
http://www.chemweek.com/sections/business_finance/usa_americas/Chemtura-sells-pool-chemicals-and-explores-sale-of-agchems_56210.html
October 25, 2013
Huntsman began installation of a third ethylene oxide (EO) unit at its Port Neches, TX, site on 22 October. The 120,000-m.t./year unit will increase the site’s EO capacity by...
http://www.chemweek.com/sections/business_finance/usa_americas/Huntsman-breaks-ground-on-Port-Neches-EO-expansion_56211.html
October 25, 2013
Enterprise Products Partners (Houston) is expanding its planned Aegis Pipeline to 20 inches in diameter, a size that will permit delivery of up to 425,000 bbl/day of ethane to...
http://www.chemweek.com/sections/business_finance/usa_americas/Enterprise-increases-capacity-of-planned-Aegis-pipeline_56212.html
October 25, 2013
Specialty chemical companies mostly beat analysts’ estimates during the third quarter, even as charges dragged down earnings in many cases. PPG Industries was hit by...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-chemical-earnings-mostly-beat-expectations_56213.html
October 25, 2013
KMG Chemicals says it will close a former OM Group site at Fremont, CA, by 31 March 2014. The site, acquired along with OM’s ultrapure chemicals (UPC) business earlier this year...
http://www.chemweek.com/sections/business_finance/usa_americas/KMG-Chemicals-to-shut-former-OM-Group-electronic-chemicals-site_56214.html
October 25, 2013
Albemarle says it will expand its active pharmaceutical ingredient (API) operations at South Haven, MI. The expansion of the plant’s kilo lab will help the company meet customer...
http://www.chemweek.com/sections/business_finance/usa_americas/Albemarle-expands-API-plant-in-Michigan_56215.html
October 17, 2013
DuPont and Honeywell say they have formed a 50-50 joint venture to build a facility to make a jointly developed automotive air conditioning refrigerant that complies with upcoming EU...
http://www.chemweek.com/sections/business_finance/usa_americas/Honeywell-DuPont-Form-JV-to-Produce-Refrigerant_26919.html
October 17, 2013
Trian Fund Management (New York), led by activist investor Nelson Peltz, has acquired a 2.3% stake in DuPont and met with company management to outline strategic changes, sources tell CW....
http://www.chemweek.com/sections/business_finance/usa_americas/Activist-hedge-fund-Trian-takes-2-3-percent-stake-in-DuPont_54657.html
October 11, 2013
Methanex (Vancouver) has completed methanol capacity expansions totaling 1 million m.t./year in New Zealand and Canada and restarted its 900,000-m.t./year Chile I plant, the company...
http://www.chemweek.com/sections/business_finance/usa_americas/Methanex-adds-1-9-million-m-t-methanol-capacity-worldwide_55809.html
October 11, 2013
Three US-based scientists have been awarded the 2013 Nobel Prize in Chemistry for pioneering research in the 1970s that laid the groundwork for the use of computer modeling in understanding and predicting chemical processes....
http://www.chemweek.com/sections/business_finance/usa_americas/Three-awarded-Nobel-Prize-for-computer-modeling-advances_55814.html
October 11, 2013
Ineos, which is seeking to cut costs at its Grangemouth, UK, operations, says that the production of petrochemicals is much cheaper in the United States compared with Europe....
http://www.chemweek.com/sections/business_finance/usa_americas/Ineos-Petchems-can-be-made-in-US-at-half-of-Europes-cost_55830.html
October 11, 2013
Algal oils producer Solazyme (South San Francisco) has signed commercial supply agreements with Unilever and Goulston Technologies (Monroe, NC), a leading producer of high-performance...
http://www.chemweek.com/sections/business_finance/usa_americas/Solazyme-signs-supply-deals-with-Unilever-and-Goulston_55831.html
October 11, 2013
Shell Chemicals is looking to move to the front-end engineering design (FEED) stage early next year on the company’s previously announced ethane cracker project at Monaca, PA, Graham van’t Hoff, Shell executive v.p./chemicals, told CW on the sidelines of the Cefic general assembly meeting, held recently at Munich...
http://www.chemweek.com/sections/business_finance/usa_americas/Shell-looks-to-move-US-project-to-FEED-selects-contractors_55832.html
October 11, 2013
Air Products announced on 8 October its plans to build, own, and operate a liquid nitrogen production facility in western Texas to serve the oil and gas industry in the Permian Basin...
http://www.chemweek.com/sections/business_finance/usa_americas/Air-Products-to-build-liquid-nitrogen-facility-in-Texas_55851.html
October 11, 2013
Solvay has signed an agreement to acquire privately held Chemlogics (Paso Robles, CA) for $1.35 billion. Chemlogics markets chemicals, blends, and services for the oil and gas industry’s stimulation and cementing segments. Chemlogics, which employs 277 people, had sales of about $500 million over the last 12 months, Solvay says....
http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-to-acquire-Chemlogics-for-$1-35-billion_55852.html
October 11, 2013
Dow Chemical says it is advancing an insect-resistant soybean for South America that, if approved, will compete directly with a newly launched seed Monsanto expects to be its next...
http://www.chemweek.com/sections/business_finance/usa_americas/Dow-developing-competitor-to-Monsantos-Intacta-soybean_55853.html
October 11, 2013
Airgas has signed a definitive agreement to acquire the assets and operations of the Encompass Gas Group (Rockford, IL), a supplier of industrial, medical, and specialty gases and related hard goods....
http://www.chemweek.com/sections/business_finance/usa_americas/Airgas-acquires-Illinois-supplier-splits-US-southwest-distribution_55854.html
October 11, 2013
FMC and Chr. Hansen (Hørsholm, Denmark), a bioscience company specializing in cultures, enzymes, and fermentation, have entered into a collaboration agreement to develop and...
http://www.chemweek.com/sections/business_finance/usa_americas/FMC-makes-two-deals-in-biological-crop-protection_55855.html
October 11, 2013
Nexeo Solutions (The Woodlands, TX) has agreed to acquire Chemical Specialists and Development (CSD; Conroe, TX), also known as Startex Chemical. Financial details have not been...
http://www.chemweek.com/sections/business_finance/usa_americas/Nexeo-to-purchase-Chemical-Specialists-and-Development_55856.html
October 4, 2013
KMG Chemicals has appointed Christopher Fraser as the company’s CEO, effective immediately. Fraser is chairman and had served as interim CEO since former president and CEO J...
http://www.chemweek.com/sections/business_finance/usa_americas/KMG-Chemicals-names-current-board-chairman-CEO_55620.html
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