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Displaying 41 - 60 of 3233 stories.
July 6, 2015
CF Industries (Deerfield, IL) and Yara International (Oslo) have announced that CF will acquire Yara’s 50% stake in the companies’ GrowHow UK (Ince, UK) fertilizer joint...
http://www.chemweek.com/sections/business_finance/usa_americas/CF-Industries-buys-Yara-out-of-fertilizer-joint-venture_71921.html
June 26, 2015
BASF says that it has inaugurated a world-scale production complex for acrylic acid, butyl acrylate, and superabsorbent polymers (SAPs) at Camaçari, Brazil. The investment, more than €500 million ($567.0 million), is the largest in BASF’s history in South America, the company says. Brazilian president Dilma Rousseff attended the ceremony....
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-inaugurates-world-scale-acrylic-acid-complex-in-Brazil_71623.html
June 26, 2015
Arsenal Capital (New York) says it has completed the sale of Royal Adhesives & Sealants (South Bend, IN) to American Securities (New York), another private equity firm. Royal, a...
http://www.chemweek.com/sections/business_finance/usa_americas/Arsenal-Capital-completes-Royal-Adhesives-sale_71643.html
June 26, 2015
Platform Specialty Products (West Palm Beach, FL) has priced its recently announced stock offering at $26.50/share, with gross proceeds expected to total $420 million. The company is...
http://www.chemweek.com/sections/business_finance/usa_americas/Platform-sells-$420-million-in-shares-to-fund-OMG-electronics-purchase_71644.html
June 26, 2015
Univar has closed on its previously announced initial public offering and a concurrent private sale of stock to Temasek Holdings (Singapore), which raised more than $1.1 billion for the company and selling stockholders....
http://www.chemweek.com/sections/business_finance/usa_americas/Univar-IPO-and-private-share-sale-raise-more-than-$1-1-billion_71645.html
June 26, 2015
Axiall (Atlanta) and Lotte Chemical (Seoul) have settled on arrangements for a joint venture to build and operate a 1-million m.t./year ethane cracker in Louisiana. The partners expect...
http://www.chemweek.com/sections/business_finance/usa_americas/Axiall-and-Lotte-advance-plans-for-Gulf-Coast-cracker-project_71646.html
June 26, 2015
Shell has received an air-quality permit to build its planned Appalachian petrochemical project at Monaca, PA, from the Pennsylvania Department of Environmental Protection. Shell’s...
http://www.chemweek.com/sections/business_finance/usa_americas/Shell-receives-air-permit-for-Pennsylvania-ethylene-project_71647.html
June 26, 2015
Williams (Tulsa, OK) has rejected an unsolicited, $53.1-billion acquisition bid from Energy Transfer Equity (ETE; Dallas). Instead, Williams will explore alternatives that could...
http://www.chemweek.com/sections/business_finance/usa_americas/Williams-rejects-$53-billion-takeover-bid-exploring-alternatives_71648.html
June 26, 2015
Chemours is set to make its market debut on 1 July, but prespin-off trading has been choppy as investors question the company’s ability to fund a $400-million/year dividend assigned...
http://www.chemweek.com/sections/business_finance/usa_americas/Chemours-shares-stumble-in-run-up-to-formal-debut_71649.html
June 26, 2015
Rare earths miner Molycorp filed for Chapter 11 bankruptcy protection on 25 June for most of its US operations in order to restructure its $1.7 billion in debt obligations. Under the...
http://www.chemweek.com/sections/business_finance/usa_americas/Molycorp-files-for-bankruptcy-to-transfer-control-to-creditors_71659.html
June 26, 2015
CF Industries (Deerfield, IL) plans to debottleneck its urea plant at the Courtright nitrogen complex in Sarnia, ON, beginning later this year. The company expects to complete the...
http://www.chemweek.com/sections/business_finance/usa_americas/CF-Industries-plans-$85-million-urea-debottlenecking-at-Sarnia_71660.html
June 15, 2015
Haverhill Chemicals (Houston) is working to secure alternative sources of financing after banks unexpectedly withdrew their support, company sources close to the matter have told IHS...
http://www.chemweek.com/sections/business_finance/usa_americas/Haverhill-Chemicals-seeks-alternative-financing-denies-plant-closure-reports_71214.html
June 15, 2015
Hess Corp. (New York) has agreed to sell a 50% interest in its Bakken midstream assets to Global Infrastructure Partners $2.675 billion in cash to create a new joint venture, Hess...
http://www.chemweek.com/sections/business_finance/usa_americas/Hess-sells-50-percent-interest-in-Bakken-midstream-assetss_71268.html
June 15, 2015
DuPont said 5 June that shareholders will receive one share of Chemours common stock for every five shares of DuPont held, payable on 1 July. Chemours shares will be distributed to DuPont stockholders of record as of 5 pm on 23 June....
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-sets-final-terms-of-Chemours-July-spin-off_71257.html
June 15, 2015
Innospec has agreed to divest its aroma chemicals unit to a business group of Emerald Performance Materials (Cuyahoga Falls, OH) for about $40.5 million, less assumed debt. The aroma...
http://www.chemweek.com/sections/business_finance/usa_americas/Innospec-to-sell-aroma-chems-to-Emerald-for-$40-5-million_71258.html
June 15, 2015
Molycorp, the sole US-based maker of rare earth oxides, is preparing to file for bankruptcy, according to a report in the Wall Street Journal. The company had $1.7 billion in debt and...
http://www.chemweek.com/sections/business_finance/usa_americas/Rare-earths-miner-Molycorp-on-verge-of-bankruptcy_71259.html
June 15, 2015
International Flavors & Fragrances (IFF) made a binding €283-million ($317 million) offer for Lucas Meyer Cosmetics (Quebec City), a subsidiary of Unipex Group (Paris). The transaction, which will be funded from existing resources, is expected to add revenues of about €40 million on an annualized basis, IFF says....
http://www.chemweek.com/sections/business_finance/usa_americas/IFF-expands-into-cosmetics-with-Lucas-Meyer-purchase_71261.html
June 15, 2015
Omnova Solutions is shutting down styrene butadiene (SB) latex production at its facilities in Calhoun, GA and Mogadore, OH, as part of a cost-cutting program expected to save the...
http://www.chemweek.com/sections/business_finance/usa_americas/Omnova-to-shutter-SB-latex-production-in-Georgia-Ohio_71262.html
June 15, 2015
Sid Richardson Carbon and Energy (SRCE; Fort Worth, TX) is planning the construction of a carbon black production facility in Mexico, with start-up slated for 2017. Sid Richardson has not identified the specific location nor the cost of the project, which would be the company’s first production plant outside the United States....
http://www.chemweek.com/sections/business_finance/usa_americas/Sid-Richardson-to-build-carbon-black-plant-in-Mexico_71263.html
June 15, 2015
Private equity firm Apollo Management (New York) says has agreed to acquire OM Group for about $1.03 billion, or $34/share....
http://www.chemweek.com/sections/business_finance/usa_americas/Apollo-to-acquire-OM-Group-for-$1-03-billion_71269.html
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