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January 16, 2015
Germany’s chemical trade association VCI (Frankfurt) says it welcomes the public debate on investor protection during a plenary debate on the topic in Germany’s parliament...
http://www.chemweek.com/sections/news_briefs/VCI-Excluding-ISDS-from-TTIP-would-be-totally-wrong_66942.html
January 16, 2015
Odfjell says that its board has approved a restructuring program that is expected to result in annualized improvements in the company’s net profit of more than $100.0 million by 2016....
http://www.chemweek.com/sections/news_briefs/Odfjell-cuts-jobs-CEO-steps-down_66883.html
January 16, 2015
Versalis, the chemicals subsidiary of ENI (Rome), has announced the temporary restart of the company’s naphtha cracker at Porto Marghera, Italy, as part of a supply agreement with...
http://www.chemweek.com/sections/news_briefs/Versalis-restarts-cracker-in-Italy-to-supply-Shell_66884.html
January 16, 2015
Borealis has divested a package of proprietary fertilizer process technologies to and established a technology partnership with Casale (Lugano, Switzerland). The technologies include...
http://www.chemweek.com/sections/news_briefs/Borealis-divests-fertilizer-technologies-to-Casale_66885.html
January 16, 2015
Bayer HealthCare says that it has definitively agreed to sell its equine products Legend/Hyonate (hyaluronate sodium) and Marquis (ponazuril) to Merial (Lyon, France). The deal is...
http://www.chemweek.com/sections/news_briefs/Bayer-divestment_66886.html
January 16, 2015
Ferro has completed the acquisition of tile coating manufacturer Vetriceramici (Casola Valsenio, Italy) for €83.0 million ($96.3 million) subject to customary working capital and...
http://www.chemweek.com/sections/news_briefs/Ferro-closes-deal_66887.html
January 16, 2015
H.B. Fuller reports fiscal fourth-quarter 2014 net income down by nearly half year-on-year (YOY), to $10.8 million, or 21 cts/share, on revenues up 2.7%, to $547.7 million. Adjusted...
http://www.chemweek.com/sections/news_briefs/Fuller-earnings-drop-on-lower-margins_66903.html
January 16, 2015
Canpotex (Saskatoon, SK) has entered into a three-year memorandum of understanding with Sinofert to supply a minimum of 1.9 million m.t. of red standard-grade potash through 31...
http://www.chemweek.com/sections/news_briefs/Canpotex-Sinofert-deal_66904.html
January 16, 2015
Clariant has agreed to acquire the remaining 50% shares of Companhia Brasileira de Bentonita (CBB) from Geosol (Belo Horizonte, Brazil). CBB has a strong market position in products...
http://www.chemweek.com/sections/news_briefs/Clariant-buys-CBB_66905.html
January 16, 2015
Axalta and Shanghai Kinlita Chemical have signed a joint venture agreement for producing and selling coatings into China’s commercial truck market. Financial details have not been...
http://www.chemweek.com/sections/news_briefs/Axalta-in-China-coats-JV_66906.html
January 16, 2015
Umicore (Brussels) says that it has acquired the Todini family’s 52% stake in the joint venture Todini and Co. (Monza, Italy), increasing Umicore’s ownership to 100%. Todini is a...
http://www.chemweek.com/sections/news_briefs/Umicore-acquisition_66888.html
January 16, 2015
Koppers has completed a legal reorganization of its foreign subsidiaries, allowing it to repatriate cash at a lower effective tax rate....
http://www.chemweek.com/sections/news_briefs/Koppers-completes-tax-reorganization-delays-construction-of-naphthalene-plant_66899.html
January 16, 2015
Reliance Industries has appointed industry veteran Vipul Shah as the company’s COO....
http://www.chemweek.com/sections/news_briefs/Reliance-Industries-taps-Dow-executive-for-COO_66900.html
January 16, 2015
A pair of refinery fires on 10 January resulted in unplanned shutdowns, but the news had little effect on the aromatics markets, which were focused on the continuing down draft in...
http://www.chemweek.com/sections/news_briefs/US-aromatics-unaffected-by-refinery-fires_66901.html
January 16, 2015
Platform Specialty Products plans to raise $2.00 billion from senior notes and term loans to fund its $3.50-billion acquisition of agricultural chemicals firm Arysta, which is expected...
http://www.chemweek.com/sections/news_briefs/Platform-raises-$2-billion-for-Arysta-purchase_66902.html
January 16, 2015
Gevo (Englewood, CO) says it has launched sales of renewable isobutanol to Brenntag’s Canada arm for distribution into the solvents, oil and gas, mining, and specialty chemicals...
http://www.chemweek.com/sections/news_briefs/Gevo-supplies-Brenntag_66907.html
January 15, 2015
The Obama administration has announced a goal to cut emissions of methane from the oil and gas sector by 40–45% by 2025, compared with the levels in 2012. Methane is a potent...
http://www.chemweek.com/sections/news_briefs/Obama-administration-aims-to-cut-methane-emissions-from-oil-and-gas-sector-by-40-45-percent_66847.html
January 14, 2015
The European Chemicals Agency (ECHA; Helsinki) has published its Reach 2018 Roadmap. Reach is the European Union’s Registration, Evaluation, Authorisation, and Restriction of...
http://www.chemweek.com/sections/news_briefs/ECHA-publishes-Reach-2018-Roadmap-to-support-companies-in-meeting-2018-registration-deadline_66815.html
January 13, 2015
The European Commission says that is has opened a tender for a “study on the regulatory fitness of the legislative framework governing the risk management of chemicals.”...
http://www.chemweek.com/sections/news_briefs/European-Commission-tenders-for-study-on-fitness-of-legislation-managing-chemical-risk_66792.html
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