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February 25, 2015
The German chemical marked a year of ups and downs in 2014 with a weak quarter, chemical industry trade association VCI (Frankfurt) says in its latest summary. Sales for the full year...
http://www.chemweek.com/sections/news_briefs/Germanys-chemical-industry-closes-2014-on-weak-note-production-expected-to-grow-1-5-percent-in-2015_68070.html
February 25, 2015
The national salary negotiations for workers in Germany’s chemical industry have been adjourned without agreement. The negotiations between the employers association BAVC...
http://www.chemweek.com/sections/news_briefs/German-chemical-industry-pay-talks-adjourned-without-result-employers-playing-with-fire_68066.html
February 24, 2015
LyondellBasell said today that it has reached an agreement with Karyn Ovelmen, executive v.p. and CFO, for her “separation from the company.” Ovelmen will continue as CFO for up to three months under the agreement while the company conducts a search for her successor....
http://www.chemweek.com/sections/news_briefs/LyondellBasells-CFO-to-leave-the-company_68035.html
February 24, 2015
The environment committee of the European Parliamentary has voted in favor of a reform of the European Union’s Emissions Trading System (EU ETS), backing a draft law to reduce...
http://www.chemweek.com/sections/news_briefs/EU-environment-committee-votes-for-market-stability-reserve-to-take-effect-start-of-2019_68049.html
February 23, 2015
On the eve of national tariff negotiations in Germany, the employers association BAVC (Wiesbaden) has called on the trade union IG BCE (Hanover), which represents workers in the...
http://www.chemweek.com/sections/news_briefs/Chemical-pay-negotiations-to-start-in-Germany-tomorrow_68007.html
February 20, 2015
Biological chemistry firm METabolic EXplorer (Metex; Clermont-Ferrand, France) has announced sales of €875,000 ($997,000) in fourth-quarter 2014, compared €375,000 in the...
http://www.chemweek.com/sections/news_briefs/METabolic-EXplorer-announces-sales-of-$997000-in-fourth-quarter-2014_67968.html
February 20, 2015
Huntsman has announced that it will reduce its titanium dioxide (TiO2) production capacity by about 100,000 m.t./year in Europe, representing 13% of Huntsman’s TiO2 capacity in the...
http://www.chemweek.com/sections/news_briefs/Huntsman-confirms-TiO2-capacity-cuts-in-Europe_67923.html
February 20, 2015
The Chinese government is considering merging certain state-owned energy companies, and one merger under consideration is between China National Petroleum Corp. (CNPC; Beijing), the...
http://www.chemweek.com/sections/news_briefs/Reports-China-mulls-merging-CNPC-Sinopec_67924.html
February 20, 2015
Syngenta has reported fourth-quarter integrated—but excluding lawn and garden—sales of $3.47 billion, 8.0% up on the year-earlier quarter....
http://www.chemweek.com/sections/news_briefs/Syngenta-reports-higher-fourth-quarter-sales_67925.html
February 20, 2015
Clariant has acquired privately owned deicing specialist Aerochem (Stockholm). Aerochem is a leading supplier of deicing fluids to the aviation and railroad sectors in Sweden, Norway...
http://www.chemweek.com/sections/news_briefs/Clariant-acquisition_67926.html
February 20, 2015
The management of specialty chemicals distributor Safic-Alcan (Paris) and with private equity firms Sagard and Euromezzanine have completed acquiring Safic-Alcan from Parquest Capital...
http://www.chemweek.com/sections/news_briefs/Distributor-buyout_67927.html
February 20, 2015
UAC Global (Bangkok) says that it plans to establish a subsidiary to acquire Advance Polymers & Chemicals (APC; Bangkok) for about 730.0 million baht ($22.4 million). APC produces...
http://www.chemweek.com/sections/news_briefs/Thai-additives-deal_67928.html
February 20, 2015
Tesoro’s (San Antonio) board has approved two complementary investments—a mixed xylenes project and a naphtha isomerization project—at the company’s Anacortes, WA, refinery. Tesoro announced the projects, worth a combined $390.0 million, last summer....
http://www.chemweek.com/sections/news_briefs/Tesoros-board-approves-$390-million-mixed-xylenes-naphtha-projects-at-Anacortes_67939.html
February 20, 2015
PPG Industries has appointed Michael McGarry, currently COO, to president and COO, effective 1 March. McGarry became COO in August 2014. McGarry will continue to have executive...
http://www.chemweek.com/sections/news_briefs/PPG-names-McGarry-as-president-and-COO_67940.html
February 20, 2015
Platform Specialty Products has closed the $3.51-billion acquisition of agchems company Arysta LifeScience from private equity firm Permira. Arysta president and CEO Wayne Hewett will...
http://www.chemweek.com/sections/news_briefs/Platform-closes-Arysta-LifeScience-acquisition_67941.html
February 20, 2015
Prayon plans to build a 10,000-m.t./year manufacturing unit for food-grade sodium hexametaphosphate (SHMP) at its Augusta, GA, site, doubling the company’s total SHMP capacity. The...
http://www.chemweek.com/sections/news_briefs/Prayon-to-build-food-grade-phosphate-plant-in-US_67942.html
February 20, 2015
Delta-Energy Group says it will invest $45.0 million to build a facility in Natchez, MS, to produce carbon black from scrap tires. The facility will be located at a former...
http://www.chemweek.com/sections/news_briefs/Delta-Energy-to-build-carbon-black-plant-in-Mississippi_67943.html
February 20, 2015
Agricultural biotechnology firm Arcadia Biosciences (Davis, CA) has filed a registration statement with SEC for a proposed initial public offering of common stock. Arcadia aims to list...
http://www.chemweek.com/sections/news_briefs/Arcadia-Biosciences-files-for-initial-public-offering_67944.html
February 20, 2015
Rentech Nitrogen Partners’ board has retained investment bank Morgan Stanley to consider “strategic alternatives,” including a sale, merger, or other transaction. The company has...
http://www.chemweek.com/sections/news_briefs/Rentech-Nitrogen-to-explore-strategic-alternatives_67945.html
February 20, 2015
M&G Chemicals plans to start commercial operation of a new purified terephthalic acid-polyethylene terephthalate (PTA-PET) project at Corpus Christi, TX, in 2016—roughly one year...
http://www.chemweek.com/sections/news_briefs/M-and-G-early-on-US-PTA_67946.html
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