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May 3, 2013
Vale (Rio de Janeiro) signed an agreement on 26 April with the Argentinean government and trade unions allowing the company to quit the Rio Colorado potash project in the province of...
http://www.chemweek.com/sections/business_finance/usa_americas/Vale-signs-agreement-to-exit-Argentina-potash-project_51731.html
May 3, 2013
KMG Chemicals has agreed to acquire OM Group’s high-purity electronic chemicals business in a $60-million deal, the company says. The ultrapure chemicals (UPC) business supplies...
http://www.chemweek.com/sections/business_finance/usa_americas/KMG-to-acquire-OM-Groups-high-purity-chemicals-business_51732.html
May 3, 2013
FMC is considering the sale of its peroxygens business, a leading producer of hydrogen peroxide and persulfates....
http://www.chemweek.com/sections/business_finance/usa_americas/FMC-considering-sale-of-hydrogen-peroxide_51733.html
May 3, 2013
Georgia-Pacific (Atlanta), owned by Koch Industries, plans to acquire Buckeye Technologies (Memphis, TN) in a $1.5-billion deal including debt, the companies have announced. The deal...
http://www.chemweek.com/sections/business_finance/usa_americas/Georgia-Pacific-to-acquire-chemical-cellulose-firm_51734.html
May 3, 2013
First-quarter earnings at specialty chemical firms were varied depending on end market. Ecolab’s adjusted income was driven up by higher margins and solid water treatment...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-vary-on-divergent-end-markets_51713.html
May 3, 2013
Offshore shipments, particularly to China and India, helped major North American fertilizer companies improve earnings and offset colder-than-normal conditions in the United States...
http://www.chemweek.com/sections/business_finance/usa_americas/Fertilizer-companies-report-strong-earnings-on-higher-potash-demand_51735.html
May 3, 2013
A report from the Government Accountability Office (GAO) says that despite EPA’s increased efforts to assess and regulate potentially harmful chemicals under the Toxic Substances...
http://www.chemweek.com/sections/business_finance/usa_americas/GAO-says-EPA-chemical-management-policy-lacks-teeth_51736.html
April 26, 2013
Specialty chemical makers generally posted earnings declines as economic weakness dragged down results. Coatings makers were an exception, as the rebound in the North American...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-mostly-down-on-soft-economy_51488.html
April 26, 2013
Jana Partners (New York), an activist investor that agitated for the breakup of Agrium last fall, has purchased a 7.4% stake in Ashland, according to a regulatory filing. While Jana...
http://www.chemweek.com/sections/business_finance/usa_americas/Activist-investor-buys-Ashland-stake_51487.html
April 26, 2013
A consortium of industry groups, including ACC and the American Fuel & Petrochemical Manufacturers, have filed a joint petition seeking a US Supreme Court review of a landmark...
http://www.chemweek.com/sections/business_finance/usa_americas/Industry-seeks-Supreme-Court-review-of-EPAs-CAA-provisions_51486.html
April 26, 2013
K+S has raised the planned capital expenditure for its potash project near Moose Jaw, SK, by roughly a third, to C$4.1 billion ($3.9 billion), reflecting higher costs for...
http://www.chemweek.com/sections/business_finance/usa_americas/K+S-increases-budget-for-Canadian-potash-project_51464.html
April 26, 2013
Williams Partners (Tulsa, OK) is partnering with Shell in a midstream joint venture that will provide services for gathering and processing gas extracted from the Marcellus and Utica...
http://www.chemweek.com/sections/business_finance/usa_americas/Williams-Shell-plan-midstream-JV-for-northwest-Pennsylvania_51463.html
April 26, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant at Corpus Christi, TX, the company announced 16 April....
http://www.chemweek.com/sections/business_finance/usa_americas/Alpek-licenses-PTA-to-M-and-G-pays-$350M-for-PET-offtake_51462.html
April 26, 2013
Diversified and industrial gases firms for the most part managed to eke out modest first-quarter gains, although the occasional bright spot was not enough to distract from...
http://www.chemweek.com/sections/business_finance/usa_americas/Diversified-earnings-mixed-as-economy-fails-to-improve_51512.html
April 26, 2013
In the latest salvo in the A. Schulman–Ferro fight, the companies traded barbs in letters to Ferro shareholders. Ferro has called Schulman’s offer a “lowball,”...
http://www.chemweek.com/sections/business_finance/usa_americas/Schulman-and-Ferro-trade-barbs-in-shareholder-letters_51513.html
April 26, 2013
ACC has urged the Office of Management and Budget to exercise its oversight role to ensure that the US Consumer Product Safety Commission (CPSC) applies the peer-review process for its...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-calls-for-peer-review-of-pending-phthalates-study_51514.html
April 16, 2013
LyondellBasell Industries and Phillips 66 have separately announced plans to add natural gas liquid (NGL) fractionation capacity at sites in Texas. LyondellBasell says TexStar...
http://www.chemweek.com/sections/business_finance/usa_americas/LyondellBasell-Phillips-66-plan-new-NGL-fractionation-capacity-in-Texas_51139.html
April 16, 2013
Ecolab last week closed on its $2.3-billion acquisition of Champion Technologies. The company secured US antitrust approval for the deal when it agreed to sell a Champion chemical...
http://www.chemweek.com/sections/business_finance/usa_americas/Ecolab-closes-Champion-deal-to-sell-deepwater-unit-to-Clariant_51109.html
April 15, 2013
PPG Industries has completed the $1.05-billion purchase of AkzoNobel’s North American architectural coatings business. The acquired business had 2012 sales of €1.19 billion...
http://www.chemweek.com/sections/business_finance/usa_americas/PPG-completes-AkzoNobel-decorative-coatings-acquisition_51140.html
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