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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
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
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