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August 13, 2015
Chemours has started a review that could lead to the company selling its chemical solutions segment excluding the cyanide business....
August 13, 2015
Berry Plastics (Evansville, IN), a leading maker of plastic packaging, has announced an agreement to acquire Avintiv (Charlotte, NC) from Blackstone Group for approximately $2.45 billion in cash on a debt-free, cash-free basis...
August 13, 2015
Cargill says that it has signed an agreement to acquire FMC’s standard-grade pectin operations, including a production site at Milazzo, Italy. Pectin is a key component of...
August 13, 2015
Yuhuang Chemical Inc. (YCI; Houston), a subsidiary of Shandong Yuhuang Chemical Group Co. (Heze, China), says that it has secured long-term natural gas transportation capacity on the...
August 13, 2015
Debt refinancing is a risk for a group of nine high-yield-rated chemical companies with a total of about $5 billion in debt maturing in 2017 or 2018, according to Moody’s...
August 13, 2015
WestRock (Richmond, VA) has appointed Albemarle executive v.p. D. Michael Wilson as CEO of its Ingevity specialty chemicals unit, effective 1 September. Ingevity, the former MWV...
August 13, 2015
Agrium says that its previously announced urea project at the company’s Borger, TX, site will be completed at the end of 2016. However, the company says it has canceled related...
August 13, 2015
Incitec Pivot (Melbourne) says the construction of its $850-million ammonia plant at Waggaman, LA, is 75% complete. Incitec Pivot expects the 800,000-m.t./year plant, which will be...
August 13, 2015
K+S (Kassel, Germany) said on 7 August that PotashCorp had again sent an unsolicited letter to the management and supervisory boards of K+S proposing a “business combination agreement” based on an unchanged price of €41/share. K+S rejected in July a €41/share bid from PotashCorp, valuing K+S at €7.9 billion ($8.80 billion)....
August 13, 2015
Commodity firms continue to report second-quarter results. On the petrochemical side, improvement in vinyls and styrenics lifted results. On the inorganic side, soda ash, potash, and...
August 13, 2015
Despite generally positive end-market trends, US specialty chemical makers report mixed second-quarter results, since the strong US dollar continues to take its toll. Axalta reports...
August 5, 2015
Swan Chemical, a wholly owned subsidiary of specialty chemicals firm Thomas Swan (Consett, UK) says it has acquired Production Systems Inc. (PSI; Akron, OH), a distributor of a range...
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