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July 26, 2013
Sherwin-Williams (SW) says that Mexico’s federal competition commission has voted three to two against authorizing the company’s $2.34-billion acquisition of Comex, which...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexican-authorities-halt-Sherwin-Williams-Comex-acquisition_53918.html
July 26, 2013
Economic headwinds are evident in second-quarter diversified results, which showed year-on-year (YOY) declines nearly across the board. Companies, however, generally met lowered...
http://www.chemweek.com/sections/business_finance/usa_americas/Diversified-results-reflect-economic-headwinds_53951.html
July 26, 2013
Honeywell’s performance materials unit plans to invest $169 million on production capacity for new products and $39 million to support ongoing operations in Louisiana, the company...
http://www.chemweek.com/sections/business_finance/usa_americas/Honeywell-plans-$200-million-capital-program-for-Louisiana_53952.html
July 26, 2013
Valero, the largest independent refiner in the United States, plans to expand its position in the petrochemical market with the installation of a 1.6-million m.t./year methanol plant...
http://www.chemweek.com/sections/business_finance/usa_americas/Valero-plans-1-6-million-m-t-methanol-plant-at-St-Charles_53953.html
July 22, 2013
Expectations for a modest improvement in semiconductor demand and new materials development opportunities presented by next-generation chip architectures helped fuel optimistic...
http://www.chemweek.com/sections/business_finance/usa_americas/Semicon-West-2013-Outlook-positive-as-chip-demand-rebounds_53584.html
July 19, 2013
The Biotechnology Industry Organization (BIO; Washington) has named Scott Whitaker as president/BIO International Convention, effective immediately, BIO says. Whitaker will also...
http://www.chemweek.com/sections/business_finance/usa_americas/BIO-names-president-of-international-convention_53772.html
July 12, 2013
Shell Chemical has extended by six months its option to buy a site at Monaca, PA, for the location of a world-scale cracker that would process ethane from the Marcellus shale play...
http://www.chemweek.com/sections/business_finance/usa_americas/Shell-extends-option-on-Marcellus-cracker-site-for-six-more-months_53582.html
July 12, 2013
Argex Titanium says it has entered into a long-term supply titanium dioxide (TiO2) agreement with PPG Industries. Argex is currently conducting a feasibility study on a...
http://www.chemweek.com/sections/business_finance/usa_americas/Argex-announces-TiO2-purchase-agreement-with-PPG_53580.html
July 12, 2013
Biobased succinic acid firm Myriant (Quincy, MA) announced on 2 July that Stephen Gatto has resigned as CEO but will continue to serve on the company’s board....
http://www.chemweek.com/sections/business_finance/usa_americas/Myriant-CEO-steps-down-new-president-named_53581.html
July 12, 2013
Biopesticide firm Marrone Bio (Davis, CA) has filed for an initial public offering, seeking to raise up $60 million. Additional terms have not been disclosed. Founded in 2006, the...
http://www.chemweek.com/sections/business_finance/usa_americas/Biopesticide-firm-Marrone-Bio-files-for-$60-million-IPO_53583.html
July 12, 2013
Huntsman has signed a definitive agreement to acquire the business of Oxid (Houston), a privately held manufacturer and marketer of specialty urethane polyols. Financial terms of the...
http://www.chemweek.com/sections/business_finance/usa_americas/Huntsman-to-acquire-US-polyols-manufacturer-Oxid_53568.html
July 12, 2013
A. Schulman dropped its bid for Ferro earlier in July, four months after offering $855 million for the company....
http://www.chemweek.com/sections/business_finance/usa_americas/Schulman-drops-Ferro-bid-earnings-disappoint_53569.html
July 12, 2013
The US SEC has charged a former Dow Chemical executive and two others with insider trading ahead of Dow’s $18.8-billion acquisition of Rohm and Haas. The SEC’s complaint...
http://www.chemweek.com/sections/business_finance/usa_americas/SEC-charges-former-Dow-IT-executive-with-insider-trading_53570.html
July 12, 2013
OCI Resources, a newly launched affiliate of soda ash producer OCI Chemical (Atlanta), has filed with the SEC to raise up to $115 million in an initial public offering. OCI Resources...
http://www.chemweek.com/sections/business_finance/usa_americas/Soda-ash-producer-OCI-Resources-files-for-an-IPO-in-New-York_53571.html
July 12, 2013
EuroChem (Moscow), Russia’s largest fertilizer producer and 1 of the top 10 global fertilizer makers, plans to build an ammonia and urea production complex in Louisiana to...
http://www.chemweek.com/sections/business_finance/usa_americas/EuroChem-to-invest-$1-5-billion-in-ammonia-urea-complex-in-Louisiana_53572.html
July 12, 2013
Mexichem (Tlalnepantla, Mexico) estimates that during the second quarter, its sales amounted to about 16.9 billion Mexican pesos ($1.36 billion), 4% below the same period the year...
http://www.chemweek.com/sections/business_finance/usa_americas/Mexichem-expects-4-percent-dip-in-second-quarter-sales_53573.html
July 12, 2013
KMG Chemicals president and CEO J. Neil Butler will resign from his executive and director positions, effective 10 July, the company’s board of directors announced late June...
http://www.chemweek.com/sections/business_finance/usa_americas/KMG-Chemicals-CEO-announces-resignation_53585.html
July 10, 2013
Ashland will pay $2 million in penalties to settle alleged violations of a consent decree with the EPA at the resins disposal superfund site in Jefferson Borough, PA, EPA says. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Hercules-to-pay-$2-million-penalty-for-environmental-violations_53481.html
June 28, 2013
ACC has released its chemical activity barometer (CAB) for May, showing continued US economic growth. The CAB increased 0.3% over May on a 3-month moving average basis—the 11th...
http://www.chemweek.com/sections/business_finance/usa_americas/ACC-economic-indicator-survey-forecasts-continued-US-growth_53246.html
June 28, 2013
CF Industries says it shut down its Medicine Hat, AB, nitrogen complex on 21 June in advance of flooding along the Saskatchewan River. The site is located about 200 feet above the...
http://www.chemweek.com/sections/business_finance/usa_americas/Alberta-flooding-forces-CF-Industries-to-halt-production_53243.html
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