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July 7, 2015
Chemical industry association VCI (Frankfurt) says that is supports the goal of a sustainable, circular economy in Europe. But overzealous regulations on industrial waste, such as...
July 7, 2015
Germany’s chemical industries association VCI (Frankfurt) says that yesterday’s compromise by the ruling coalition government on a draft reform of the country’s...
July 6, 2015
Petrobras plans to cut investments by 37% over the next five years, to a total of $130.3 billion. The dramatic drop in oil prices has been key, Petrobras says. The company expects the...
July 6, 2015
Lonza says that it has signed a long-term product supply agreement with pharmaceutical company Alexion (Cheshire, CT). Lonza, under the agreement, will construct a manufacturing line...
July 6, 2015
CB&I has been awarded a contract valued at about $115 million by Ingleside Ethylene for the engineering, procurement, and construction of an ethylene storage facility, part of a...
July 6, 2015
Amyris and a subsidiary of Total have agreed on a restructuring of their fuels joint venture to facilitate commercializing the jv’s jet fuel technology. Following the restructuring...
July 6, 2015
Flavors and fine ingredients company Frutarom Industries has acquired flavors company Foote & Jenks (Camden, NJ) for about $4 million. Foote & Jenks develops, manufactures, and...
July 6, 2015
PPG Industries has completed the acquisition of Cuming Microwave (Avon, MA), a maker of maker of coatings that absorb microwaves and radio waves, such as radar. Financial terms have...
July 6, 2015
Ashland has completed the sale of its Valvoline car-care products assets and the industrial biocides assets of Ashland’s specialty ingredients segment. Financial terms have not been...
July 6, 2015
BASF has sold its 25% stake in the SolVin polyvinyl chloride (PVC) joint venture to its partner, Solvay. Financial details of the transaction have not been disclosed. Solvay...
July 6, 2015
Private equity firm Arsenal Capital has acquired Peach State Labs (Rome, GA), a maker of specialty polymers used in flooring, textiles, coatings, consumer products, leather, institutional water treatment, and lubricants....
July 6, 2015
IGM Resins (Waalwijk, Netherlands), a supplier of products and technical services to the radcure industry, has acquired the photoinitiator business of Lamberti (Gallarate, Italy)...
July 6, 2015
During the week ended 27 June, chemical railcar traffic in North America decreased 1.3% year-on-year (YOY) on a steep decline in Mexico. North American chemical railcar traffic totaled...
July 6, 2015
The US June ethylene contract settled at 33.8 cts/lb late, losing 0.8 cts/lb from the May contract price of 34.5 cts/lb. The decline reflects low feedstock costs and ample supply in...
July 6, 2015
Perstorp (Perstorp, Sweden) says that it has acquired the pentaerythritol (penta), dipenta, and sodium formate businesses; related technology; and other assets from Koei Chemical...
July 6, 2015
Specialty chemicals company Altana (Wesel, Germany) has announced that CEO Matthias Wolfgruber will retire and that its supervisory board has appointed Martin Babilas the next CEO, effective 1 January 2016....
July 6, 2015
Stolt-Nielsen has agreed to acquire three 5,800–deadweight m.t. chemical tankers from Odfjell. The proposed deal marks Odfjell’s exit from the European regional tanker market, the...
July 6, 2015
Fluor says it has been selected as BASF’s worldwide engineering partner for future chemical and petrochemical plant projects. The agreement includes conceptual and front-end...
July 6, 2015
Bayer CropScience says it has succeeded in enforcing its patent in China for crop protection products containing the active ingredient spirotetramat. Hebei Sannong Agrochemical and...
July 6, 2015
Neste and Total’s special fluids group have agreed on the supply of Neste’s proprietary NEXBTL-branded renewable isoalkane to Total’s subsidiary for use as feedstock to develop...
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