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November 30, 2012
Seed strife: DOJ ends inquiry into licensing practices. The US Department of Justice’s (DOJ) antitrust division has closed an investigation into possible anticompetitive...
November 30, 2012
Ghasemi: Bid for Talison is final. Rockwood received its last necessary regulatory approval for its C$724-million ($730 million) acquisition of Talison Lithium (Perth, Australia) and...
November 30, 2012
BASF has completed the acquisition of biological seed treatment firm Becker Underwood (Ames, IA) from Norwest Equity Partners, for €785 million ($1.02 billion). BASF announced...
November 30, 2012
Advancing algae: Solayzme signs manufacturing pact with ADM, expands relationship with Bunge. Archer Daniels Midland (ADM) has agreed to manufacture up to 100,000 m.t. of...
November 30, 2012
BASF says it will expand production at its Chattanooga, TN, emulsion polymers plant, adding capability for production of styrene-acrylic (SA) emulsion polymers. The expanded plant will...
November 30, 2012
Mexichem has abandoned a planned vinyl chloride monomer (VCM) manufacturing joint venture with Mexico’s state oil company Petróleos Mexicanos (Pemex; Mexico City) because...
November 16, 2012
Wongtschowski: Brazil steps in right direction. Uriegas: Mexico emerges as new regional leader. Latin America is well positioned to take advantage of the demand growth stemming from a...
November 16, 2012
BASF says it will build a production plant for emulsion polymers at its Freeport, TX, site. Total investment in the plant is estimated to be more than $90 million, says a company...
November 16, 2012
Momentive Performance Materials Holdings (Momentive) posted a drop in sales for the third quarter 2012—while its Momentive Specialty Chemical unit reported a large rise in earnings...
November 16, 2012
Avantor Performance Materials (Center Valley, PA) has filed a lawsuit against IBM for a failed SAP software implementation. Avantor says it is “seeking tens of millions of dollars in...
November 16, 2012
Rogerson: Simpler product portfolio. Private equity firm SK Capital Partners (New York) has reached an agreement to acquire Chemtura’s antioxidant (AO) and ultraviolet (UV)...
November 16, 2012
Dooley: ACC adds six new producers. ACC has added six new producer members, three new affiliate member companies, and two new responsible-care partner companies. The new members are...
November 16, 2012
W.R. Grace reached agreement with asbestos claimants earlier this month to settle a warrant funding a portion of its asbestos liabilities in cash rather than Grace stock. Grace...
November 16, 2012
Praxair has signed a long-term contract with Mesabi Nugget (Hoyt Lakes, MN) to construct and operate a new nitrogen plant at Mesabi’s iron nugget facility at Hoyt Lakes, MN. The...
November 16, 2012
Moody’s has downgraded its credit outlook for the chemical industry in the North America; and the Europe, Mideast, and Africa regions, the ratings service says. The outlook has...
November 9, 2012
Out of power: Workers fix electric lines in New Jersey after power outages following Sandy. Producers have resumed normal operations after assessing the impact of Hurricane Sandy in...
November 9, 2012
Williams Partners has agreed to acquire Williams’ 83.3% stake in a cracker at Geismar, LA, as well as Williams’ refinery-grade propylene splitter for $2.3 billion. Williams...
November 9, 2012
Biofuel Bust?: BP processes waste agricultural residues at its Jennings, LA, biofuels facility. BP announced that it will not move forward with plans to build a commercial-scale...
November 9, 2012
In an effort to push out debt maturities, Dow Chemical is issuing $2.5 billion in senior unsecured 10- and 30-year bonds. The 10-year bonds will carry an interest rate of 3%, while the...
November 9, 2012
Specialty chemical makers posted mixed third-quarter results as some end markets proved resilient despite economic headwinds, while others faltered. Companies with significant exposure...
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