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November 20, 2015
Dow Chemical has agreed to acquire Chemours’s aniline facility in Beaumont, TX, for approximately $140 million in cash. Methylene di-para-phenylene isocyanate (MDI) production...
http://www.chemweek.com/sections/news_briefs/Dow-to-buy-Chemourss-aniline-$140-million_75360.html
November 20, 2015
LyondellBasell Industries has brought on Thomas Aebischer as executive v.p. and CFO, effective 1 January 2016. As CFO, Aebischer will be nominated to serve as a member of the...
http://www.chemweek.com/sections/news_briefs/LyondellBasell-hires-CFO-executive-v-p-_75361.html
November 20, 2015
Trinseo says that executive v.p. and CFO John Feenan will leave the company to pursue other opportunities, effective 31 December. Effective immediately, Trinseo president and CEO...
http://www.chemweek.com/sections/news_briefs/Trinseo-CFO-Feenan-resigns_75362.html
November 20, 2015
Chemours and its partner Changshu 3F Zhonghao, a flourochemical manufacturing firm, have broken ground on a production facility for HFO-1336mzz in Changshu, Jiangsu Province, China...
http://www.chemweek.com/sections/news_briefs/Chemours-breaks-ground-on-HFO-1336mzz-facility_75363.html
November 20, 2015
Innophos Holdings has appointed Kim Ann Mink as CEO and president, effective 14 December. Mink succeeds Randy Gress, who is retiring after 11 years. Gress will continue to serve as...
http://www.chemweek.com/sections/news_briefs/Innophos-taps-new-CEO_75364.html
November 20, 2015
Merck has completed the acquisition of life science company Sigma-Aldrich. Merck agreed to acquire Sigma-Aldrich for $17.0 billion in September 2014. The completion follows approval...
http://www.chemweek.com/sections/news_briefs/MerckSigma-Aldrich_75365.html
November 20, 2015
Ineos plans to restart an idled 100,000-m.t./year acrylonitrile (ACN) line at its Green Lake, TX, facility. The company has not said when it will make the move, which will increase the...
http://www.chemweek.com/sections/news_briefs/Ineos-to-restart-ACN_75366.html
November 20, 2015
Clariant has relocated its air purification catalyst production to Louisville, KY; from Needham, MA. Clariant says the shift will bring R&D efforts closer to...
http://www.chemweek.com/sections/news_briefs/Clariant-catalyst-move_75367.html
November 20, 2015
The European Commission has unveiled a list of 195 key energy infrastructure projects that form building blocks of Europe's energy union and are aimed at helping deliver Europe's...
http://www.chemweek.com/sections/news_briefs/Europe-reveals-key-energy-infrastructure-projects_75393.html
November 20, 2015
European chemical output grew during the first eight months of 2015 by 0.3% compared with the corresponding period in 2014, and producer prices fell by 4.5% year-on-year (YOY), Cefic...
http://www.chemweek.com/sections/news_briefs/Cefic-European-chemicals-flat-sales-hit-by-low-prices_75400.html
November 20, 2015
ACC says that specialty chemicals market volumes in the United States slipped 0.1% in October (on a three-month moving average, 3MMA basis), following a gain of 0.3% in September...
http://www.chemweek.com/sections/news_briefs/US-specialty-chemicals-volumes-fall-in-October-but-are-up-YOY_75394.html
November 12, 2015
Lenzing (Lenzing, Austria), a producer of man-made cellulosic fibers, has announced sales of €1.46 billion ($1.57 billion) in the first nine months of 2015 compared with sales of...
http://www.chemweek.com/sections/news_briefs/Lenzing-reports-increase-in-sales-double-digit-increase-in-profit_75196.html
November 6, 2015
Enterprise Products Partners (Houston) is considering an expansion of the 270-mile Aegis ethane pipeline, which serves ethylene producers on the US Gulf Coast. The company says it will...
http://www.chemweek.com/sections/news_briefs/Enterprise-seeking-shippers-for-Aegis-expansion_75036.html
November 6, 2015
Univar has acquired Arrow Chemical (Greenwich, CT), an importer and distributor of active pharmaceutical ingredients (APIs), nutraceuticals and other specialty chemicals through a...
http://www.chemweek.com/sections/news_briefs/Univar-buys-API-distributor-Arrow-Chemical_75032.html
November 6, 2015
ExxonMobil says its chemicals segment turned in earnings of $1.2 billion during the third quarter, up 2% year-over-year (YOY). Higher margins increased earnings by $210 million, largely on lower feedstock costs, but the gain was entirely offset by a range of other items, mainly unfavorable currency exchange effects....
http://www.chemweek.com/sections/news_briefs/ExxonMobil-chemical-earnings-up-2-percent-YOY_75033.html
November 6, 2015
A US bankruptcy court has approved the sale of Haverhill Chemicals (Houston) to Altivia Petrochemicals (Houston) for $3 million. Altivia will acquire all of Haverhill’s phenol...
http://www.chemweek.com/sections/news_briefs/Bankruptcy-court-approves-Haverhill-sale-to-Altivia_75034.html
November 6, 2015
Molycorp (Greenwood Village, CO) has filed a reorganization plan that will bring the company out of bankruptcy as either a restructured entity or by selling substantially all of its...
http://www.chemweek.com/sections/news_briefs/Molycorp-files-plan-to-emerge-from-bankruptcy_75035.html
November 6, 2015
Deere & Co. has signed definitive agreements to acquire the equipment business of The Climate Corporation, Monsanto’s precision planting subsidiary. The deal also includes...
http://www.chemweek.com/sections/news_briefs/Deere-Monsanto-deal_75037.html
November 6, 2015
Air Products has chosen Versum Materials to name the new company formed by the spin-off of its materials technologies business, which the company plans to complete on or before...
http://www.chemweek.com/sections/news_briefs/Versum-Materials_75038.html
November 6, 2015
Albemarle has agreed to sell its Tribotecc metal sulfides business to Treibacher Industrie AG (Althofen, Austria), a metallurgy company. The deal includes two sites in Austria, as well...
http://www.chemweek.com/sections/news_briefs/Albemarle-sells-sulfides_75039.html
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