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September 20, 2013
Petróleos Mexicanos (Pemex; Mexico City) and Mexichem (Tlalnepantla, Mexico) have formally agreed to terms of a previously announced joint venture to produce vinyl chloride...
September 20, 2013
OPX Biotechnologies (OPXBio) a Boulder, CO–based industrial biotechnology firm working with Dow Chemical to bring biobased acrylic acid to market, expects to begin a major scale-up of process technology in 2014 with commercial-scale operations targeted for 2017....
September 20, 2013
The Society of Chemical Industry– America International Group (SCI; New York), last week presented the Perkin Medal, the US industry’s highest honor in applied chemistry, to Bruce Roth, for his work on research, discovery and invention of atorvastatin, the best-selling pharmaceutical marketed as Lipitor....
September 20, 2013
OCI Resources (OCIR; Atlanta), the majority-owned US soda ash operations of OCI (Seoul), launched its initial public offering as a master limited partnership (MLP) on the New York...
September 6, 2013
Praxair has called on Congress to extend funding for the Federal Helium Program through fiscal 2014, ending 31 December. Funding for the Federal Helium Reserve (Amarillo, TX), run by...
September 6, 2013
Rockwood announced on 4 September that is had completed the sale of its advanced ceramic business CeramTec (Plochingen, Germany) to Cinven, a European private equity firm, for €1.49 billion ($1.96 billion). After all transaction adjustments, fees, and taxes, Rockwood received $1.75 billion in cash for the business....
September 6, 2013
RPM announced on 28 August that it had reached an agreement with the US General Services Administration (GSA; Washington) resolving a dispute over improper pricing and discounting...
September 6, 2013
Shell Chemical has begun accepting bids from ethane suppliers for its proposed petrochemical complex in Pennsylvania, according to a company statement issued on 27 August. The Shell...
September 6, 2013
OCI Resources (Atlanta), the majority-owned US soda ash operations of OCI (Seoul), has announced the launch of its initial public offering on the New York Stock Exchange. Founded...
September 6, 2013
production of basic chemicals and plastics in the United States will increase at an average rate of 5%/year through 2020 to meet growing demand for cost-advantaged exports, according...
September 6, 2013
Trunkline LNG Export, a joint venture between Energy Transfer Equity and Energy Transfer Partners, has awarded the front-end engineering and design (FEED) contract to Technip for the...
September 6, 2013
Arkema has decided to go ahead with plans to build production capacity for the low global warming potential (GWP) refrigerant gas hydrofluoroolefin (HFO)-1234yf, with an anticipated...
September 6, 2013
Arsenal Capital (New York) has acquired International Fiber Corp. (IFC; Tonawanda, NY), a leading supplier of cellulose-based insoluble fiber products for food and industrial applications. Prior to this acquisition, IFC was a company with Swander Pace Capital (Bedminster, NJ)....
September 6, 2013
BASF last week inaugurated its agricultural research center at Research Triangle Park, NC. The $33-million investment includes a climate-controlled greenhouse, laboratories for plant...
September 6, 2013
IMCD Group (Rotterdam) has acquired a majority interest in Makeni Chemicals (São Paulo), a specialty chemical distributor in Brazil, IMCD has announced. Financial details of the...
September 6, 2013
Dow Chemical has selected sites on the US Gulf Coast for four previously announced polymer production units, the company said on 27 August. Dow says it will install units for the...
September 6, 2013
Huntsman has completed the acquisition of Oxid (Houston), a privately held maker of specialty urethane polyols. The deal was announced in early July. Huntsman says the purchase price is up to $75 million....
September 5, 2013
Gevo (Englewood, CO) has appointed Greg Roda as chief commercial officer. Roda will be responsible for all business development activities at Gevo, the company says. Roda was...
August 28, 2013
Quinpario Acquisition (St. Louis), a special purpose acquisition company (SPAC) created by former Solutia executives for specialty chemical buyouts, has completed a $172.5-million initial public offering....
August 26, 2013
PPG Industries says it has appointed Kevin Braun as v.p./industrial coatings, Americas, effective immediately. Braun replaces Richard Zoulek, who has left the company, PPG says...
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