Biotechnology firm Metabolix (Cambridge, MA) is nearing the finish line in what has been a more than 10-year endeavor to commercialize polyhydroxyalkanoate (PHA), a family of biobased... http://www.chemweek.com/sections/companies/15550.html
When KMG Chemicals (Houston) unveiled its five-year plan for growth back in 2007—to achieve annual sales of $250 million by 2012—the goal seemed very ambitious, since at the time... http://www.chemweek.com/sections/companies/14641.html
The departure of Clariant CEO Jan Secher came as a surprise to some analysts because the company is in the process of a sweeping restructuring aimed at reducing costs and boosting... http://www.chemweek.com/sections/companies/14202.html
Petrochemical Corporation of Singapore (PCS), a joint venture between Shell Chemicals and a Japanese consortium led by Sumitomo Chemical, is working on several value-adding investment... http://www.chemweek.com/sections/companies/13436.html
Kuraray (Tokyo) has recorded 14% decrease in net profits to ¥6.53 billion ($61 million), for the first quarter ended June 30, 2008, as compared to the same period last fiscal. And... http://www.chemweek.com/sections/companies/13342.html
Lucite International (Southampton, U.K.), the biggest producer of methyl methacrylate (MMA), is on the threshold of what promises to be the most dynamic phase in its history. The... http://www.chemweek.com/sections/companies/13286.html
Khusrokhan: Exploring new markets and businesses. Tata Chemicals (Mumbai) became the second-largest producer of soda ash, with total capacity of 5.5 million m.t./year, following the... http://www.chemweek.com/sections/companies/12765.html
Brunner Mond has benefited in a number of ways from its 2006 acquisition by Tata Chemicals, John Kerrigan, managing director of Brunner Mond, tells CW. “Under Tata’s... http://www.chemweek.com/sections/companies/12766.html
DuPont and Genencor, a division of Danisco, have formed a 50-50 joint venture to commercialize low-cost technology for cellulosic ethanol. The companies say the jv, DuPont Danisco... http://www.chemweek.com/sections/companies/11899.html
Azelis is one of the recent success stories of the European chemical distribution sector. The company was formed in 2001 through a private equity-backed merger of two small... http://www.chemweek.com/sections/companies/11264.html
Kemira says it will appoint a separate board of directors for the company’s Kemira Coatings subsidiary, to emphasize the “independent nature” of the business. The... http://www.chemweek.com/sections/companies/10496.html
Chemtura says it has entered into an agreement to sell its $175-million/year oleochemical business to PMC Group (Mount Laurel, NJ), for an undisclosed amount. The sale includes a... http://www.chemweek.com/sections/companies/10185.html
Momentive Performance Materials (Wilton, CT) is in the “first inning” of building a global silicones enterprise following its acquisition by Apollo Management (New York)... http://www.chemweek.com/sections/companies/9921.html
Celanese says it expects its consumer and industrial specialties unit to generate more than $100 million in additional Ebitda by 2009, one year ahead of schedule, Doug Madden... http://www.chemweek.com/sections/companies/9774.html
Schulman says that Terry L. Haines, its chairman, president, and CEO, will retire from the company by March 1, 2008. The company says it has already “identified a highly... http://www.chemweek.com/sections/companies/8994.html
Evonik Industries is in “very well advanced” negotiations with potential buyers for Evonik’s Rütgers Chemicals (Castrop-Rauxel, Germany) coal tar chemicals... http://www.chemweek.com/sections/companies/8695.html
CPC Corp. (Taipei) has embarked on a program to reinforce its position as a leading producer of olefins and aromatics in Taiwan. The company plans to upgrade one of its production... http://www.chemweek.com/sections/companies/8130.html
U.S. chemical companies with a high percentage of sales generated from overseas markets will benefit from the weakening dollar, says Frank Mitsch, analyst at BB&T Capital Markets (New... http://www.chemweek.com/sections/companies/8043.html
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