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February 7, 2014
Specialty chemical companies mostly report solid fourth-quarter results, since key end markets have grown steadily. Sherwin-Williams (SW) rode the rebound in architectural paint sales...
http://www.chemweek.com/sections/business_finance/usa_americas/Specialty-earnings-rise-along-with-end-markets_58640.html
February 7, 2014
EPA announced on 24 January that it has added 50 chemicals, including 40 fragrance chemicals, to its Safer Chemical Ingredients List (SCIL). The SCIL was created in September 2012 and...
http://www.chemweek.com/sections/business_finance/usa_americas/EPA-adds-50-chemicals-to-safer-ingredients-list_58627.html
February 7, 2014
Kraton Performance Polymers has entered into a definitive agreement to combine with the styrenic block copolymer (SBC) operations of LCY Chemical (Taipei), which had been earlier known as Lee Chang Yung Chemical Industry Corp....
http://www.chemweek.com/sections/business_finance/usa_americas/Kraton-to-merge-with-SBC-business-of-LCY-Chemical_58628.html
February 7, 2014
Taminco (Allentown, PA) and Balchem (New Hampton, NY) have signed an agreement to build and operate a choline chloride facility at St. Gabriel, LA, where both companies operate...
http://www.chemweek.com/sections/business_finance/usa_americas/Taminco-and-Balchem-form-choline-chloride-JV_58629.html
February 7, 2014
Cautious optimism was the phrase buzzing through the halls of the Grande Lakes Orlando in the final week of January at the American Cleaning Institute’s (ACI) annual meeting and...
http://www.chemweek.com/sections/business_finance/usa_americas/ACI-2014-Soapers-stable-but-innovation-key-to-growth_58630.html
February 7, 2014
Senator David Vitter (R., LA) told attendees on 31 January at the American Cleaning Institute’s annual meeting, held at Orlando, that he is hopeful that chemical management reform will clear Congress this year....
http://www.chemweek.com/sections/business_finance/usa_americas/Senator-Vitter-optimistic-about-prospects-for-TSCA-reform-in-2014_58631.html
February 7, 2014
Praxair announced on 3 February that it has completed the acquisition of its industrial gases joint venture Praxair Distribution Mid-Atlantic (PDMA; Allentown, PA). The company had...
http://www.chemweek.com/sections/business_finance/usa_americas/Praxair-buys-out-mid-Atlantic-distribution-joint-venture_58664.html
February 7, 2014
Solvay says it plans to increase its production capacity of natural soda ash at its Green River, WY, plant by 150,000 m.t./year by early 2015, to meet growing demand of its US export...
http://www.chemweek.com/sections/business_finance/usa_americas/Solvay-increases-soda-ash-capacity-in-United-States_58665.html
February 7, 2014
PPG Industries has reached a definitive agreement to acquire Hi-Temp Coatings Technology (Boxborough, MA), a privately held maker of high-temperature-resistant and insulative coatings...
http://www.chemweek.com/sections/business_finance/usa_americas/PPG-to-acquire-heat-resistant-industrial-coatings-maker_58639.html
February 7, 2014
US Water Services (St. Michael, MN) has acquired ChemCal (Grapevine, TX), an industrial water treatment firm, for an undisclosed amount, the company says. ChemCal focuses in the...
http://www.chemweek.com/sections/business_finance/usa_americas/US-Water-Services-acquires-Texas-water-treatment-firm-ChemCal_58641.html
January 28, 2014
The European Union and 13 other members of the World Trade Organization (WTO; Geneva), including the United States and China, have pledged to launch negotiations within the WTO to...
http://www.chemweek.com/sections/business_finance/usa_americas/WTO-members-start-initiative-to-reduce-tariffs-on-green-goods_58354.html
January 24, 2014
Freedom Industries has filed for bankruptcy a week after a leak at one of its tanks containing 4-methylcyclohexane methanol (MCHM) forced a water ban in nine West Vriginia counties surrounding Charleston, WV—the state’s largest city....
http://www.chemweek.com/sections/business_finance/usa_americas/Freedom-Industries-declares-bankruptcy-following-WV-spill_58278.html
January 24, 2014
The fraction of renewable energy in the global energy mix could be increased to 30% or more by 2030, double the level today, the International Renewable Energy Agency (Irena; Abu...
http://www.chemweek.com/sections/business_finance/usa_americas/Report-Fraction-of-renewable-energy-could-be-doubled_58301.html
January 24, 2014
Brazil incurred a trade deficit for chemcial products of about $32 billion during 2013, up 13.6% from the prior year, according to figures released by Abiquim (São Paulo), the...
http://www.chemweek.com/sections/business_finance/usa_americas/Brazils-chemical-trade-deficit-reached-$32-billion-in-2013_58243.html
January 24, 2014
Chemtura has filed a lawsuit in the Superior Court of California at Sacramento seeking to overturn California’s new fire-safety standard for upholstered furniture. The standard...
http://www.chemweek.com/sections/business_finance/usa_americas/Chemtura-files-suit-against-new-California-fire-safety-rule_58244.html
January 24, 2014
Reform of the Toxic Substances Control Act (TSCA) along with trade-related issues top the regulatory concerns for Socma this year, officials said at the Informex trade show, which ran 21–24 January at Miami....
http://www.chemweek.com/sections/business_finance/usa_americas/Informex-2014-TSCA-trade-top-Socmas-regulatory-agenda_58245.html
January 24, 2014
Agrium lowered fourth-quarter projections on 21 January, saying operating earnings are expected to be at the bottom of a previously announced range of 80 cts–$1.25/share....
http://www.chemweek.com/sections/business_finance/usa_americas/Agrium-lowers-fourth-quarter-projections_58246.html
January 24, 2014
Petróleos Mexicanos (Pemex; Mexico City) has announced the acquisition of Agro Nitrogenados’ urea manufacturing asset, which Pemex plans to reactivate and revamp. The...
http://www.chemweek.com/sections/business_finance/usa_americas/Pemex-to-spend-$475-million-on-urea-plant-in-Mexico_58247.html
January 24, 2014
Production has started at Petroquímica de Venezuela’s (Pequiven; Valencia, Venezuela) 1,800-m.t./day ammonia plant at the Morón petrochemical complex in Carabobo...
http://www.chemweek.com/sections/business_finance/usa_americas/Pequiven-starts-ammonia-unit_58248.html
January 24, 2014
Jack Golsen, chairman and CEO of LSB Industries, has issued an open letter to shareholders defending the company’s business strategy against criticism from shareholder Engine...
http://www.chemweek.com/sections/business_finance/usa_americas/LSB-Industries-counters-moves-by-activist-shareholder-Engine-Capital_58277.html
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