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March 19, 2013
Verde Potash (Toronto) says it has applied for a preliminary environmental permit for its Cerrado Verde potash project in Minas Gerais, Brazil. The project would help to meet growing...
http://www.chemweek.com/sections/business_finance/usa_americas/Verde-Potash-files-permit-for-potash-project-in-Brazil_50300.html
March 19, 2013
Sasol North America has selected Univation’s Unipol polyethylene (PE) technology for a 450,000-m.t./year plant to be built as part of a previously announced $5–7 billion...
http://www.chemweek.com/sections/business_finance/usa_americas/Sasol-picks-PE-route-for-Lake-Charles-eyes-other-products_50299.html
March 19, 2013
Bayer says that its Bayer CropScience subgroup has signed an agreement with wheat-breeding company Biotrigo Genética (Passo Fundo, Brazil) to expand the companies’...
http://www.chemweek.com/sections/business_finance/usa_americas/Bayer-CropScience-expands-partnership-with-Biotrigo_50298.html
March 19, 2013
Praxair completed its previously announced acquisition of beverage carbonation firm NuCO2 on 1 March for $1.1 billion from Aurora Capital Group (Los Angeles)....
http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-completes-NuCO2-deal-Venezuela-charge-to-hurt-earnings_50297.html
March 19, 2013
DuPont’s Pioneer seed unit and Mendel Biotechnology (Hayward, CA) have entered into a license collaboration to evaluate and commercialize new gene leads for increased water-use efficiency and improved photosynthesis in corn, DuPont says....
http://www.chemweek.com/sections/business_finance/usa_americas/DuPont-signs-pact-with-Mendel-to-develop-water-efficient-corn-trait_50517.html
March 19, 2013
Vale informed the Argentinean government that it is suspending work on a potash project at Rio Colorado, Argentina, according to brief statement issued on 11 March. Vale says that the...
http://www.chemweek.com/sections/business_finance/usa_americas/Soaring-costs-cause-Vale-to-halt-Argentinean-potash-project_50516.html
March 19, 2013
Monsanto has terminated a decade-long exclusive distribution agreement with Nufarm Agrochemical (Melbourne) for Roundup-brand glyphosate in Australia and New Zealand and appointed...
http://www.chemweek.com/sections/business_finance/usa_americas/Monsanto-terminates-glyphosate-supply-deal-with-Nufarm_50519.html
March 19, 2013
Cost-cutting helped biobased isobutanol producer Gevo (Englewood, CO) narrow its fourth-quarter loss and beat analysts’ estimates despite a production setback at its first...
http://www.chemweek.com/sections/business_finance/usa_americas/Gevo-narrows-loss-Luverne-plant-to-resume-operations_50518.html
March 8, 2013
BASF says that Fred Münstermann, current president of regional functions and CFO of the North American operations of BASF, will succeed Hartwig Michels as president of BASF’s global procurement competence center at Ludwigshafen, effective 1 August....
http://www.chemweek.com/sections/business_finance/usa_americas/BASF-announces-new-North-American-CFO_50295.html
March 8, 2013
Industry groups say they support President Obama's nomination of Gina McCarthy, current EPA assistant administrator for air and radiation, as next head of EPA....
http://www.chemweek.com/sections/business_finance/usa_americas/McCarthy-draws-industry-support-for-EPA-chief-job_50296.html
March 8, 2013
South Louisiana Methanol (SLM), a partnership of Zero Emission Energy Plants (ZEEP; Austin, TX) and Todd Corp. (Wellington, New Zealand), plans to construct a $1.3-billion methanol...
http://www.chemweek.com/sections/business_finance/usa_americas/ZEEP-Todd-to-build-$1-3-billion-methanol-plant-in-Louisiana_50323.html
March 8, 2013
nova Chemicals reports year-on-year (YOY) declines for annual and fourth-quarter 2012 profits—results that the company attributes to lower margins in its olefins and polyolefins...
http://www.chemweek.com/sections/business_finance/usa_americas/Novas-earnings-slip-on-lower-margins-for-olefins-polyolefins_50324.html
March 8, 2013
Sealed Air (Elmwood Park, NJ) named Jerome Peribere president and CEO of the company, effective 1 March. Peribere joined Sealed Air in September 2012 as president and COO. Peribere had previously been with Dow Chemical, serving as CEO of Dow Advanced Materials, before joining Sealed Air last September. William Hickey will continue as chairman until the company’s annual meeting in May....
http://www.chemweek.com/sections/business_finance/usa_americas/Sealed-Air-names-former-Dow-executive-Peribere-as-CEO_50325.html
March 8, 2013
Several US industry organizations, including ACC and the National Association of Chemical Distributors (NACD), have announced their support for the introduction of the General Duty...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-NACD-announce-support-for-Clause-Clarification-Act_50341.html
March 8, 2013
To protect their newly advantaged cost position, some US chemical producers are inviting government intervention into the natural gas market, but they are making a mistake, according to Stephen Pryor, president of ExxonMobil Chemical....
http://www.chemweek.com/sections/business_finance/usa_americas/ExxonMobils-Pryor-defends-LNG-exports_50342.html
March 8, 2013
Symrise (Holzminden, Germany) says it has acquired the global fragrance business of Belmay Group (New York), an international developer and manufacturer of fragrances and perfume oils...
http://www.chemweek.com/sections/business_finance/usa_americas/Symrise-acquires-Belmays-fragrance-activities_50343.html
March 1, 2013
Ascend Performance Materials (Houston) is proceeding with plans to build a $1.2-billion propane dehydrogenation (PDH) facility at its Chocolate Bayou complex at Alvin, TX. The PDH unit...
http://www.chemweek.com/sections/business_finance/usa_americas/Ascend-plans-$1-2-billion-PDH-plant-at-Chocolate-Bayou_50166.html
March 1, 2013
Hanwha Chemical (Seoul) plans to build an ethylene plant in the United States in collaboration with a local shale gas company, according to Korean press reports, citing an unnamed...
http://www.chemweek.com/sections/business_finance/usa_americas/Hanwha-eyes-US-ethylene-plant-based-on-low-cost-shale_50173.html
March 1, 2013
Fertilizer makers say earnings, and demand, are set to recover in early 2013, and an early spring application season indicates signs of an uptick—particularly for nitrogen and...
http://www.chemweek.com/sections/business_finance/usa_americas/Fertilizer-outlook-mixed-as-nitrogen-grows-potash-slumps_50174.html
March 1, 2013
A federal jury has ordered Dow Chemical to pay $400 million to plaintiffs in a urethane chemicals price-fixing class-action lawsuit. Under federal antitrust law, the damages could be...
http://www.chemweek.com/sections/business_finance/usa_americas/Jury-orders-Dow-to-pay-$400-million-in-urethanes-price-fixing_50172.html
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