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April 22, 2014
The European Food Safety Authority (EFSA; Parma, Italy) says it is extending the timeline for it to complete is full assessment of bisphenol A (BPA) to the end of 2014. The authority...
http://www.chemweek.com/sections/news_briefs/EFSA-to-reevaluate-BPA-by-end-of-2014_60447.html
April 21, 2014
SI Group (Schenectady, NY) has agreed to acquire the antioxidant, ibuprofen, and propofol businesses of Albemarle for an undisclosed amount of cash....
http://www.chemweek.com/sections/news_briefs/SI-Group-to-acquire-Albemarles-antioxidants-and-ibuprofen-business_60422.html
April 17, 2014
Shintech, the US subsidiary of Shin-Etsu Chemical (Tokyo), has applied to the Louisiana Department of Environment Quality for a permit to build a 500,000-m.t./year ethylene plant. The...
http://www.chemweek.com/sections/news_briefs/Shintech-seeks-permit-for-Louisiana-ethylene-plant_60417.html
April 17, 2014
Dissident hedge fund FrontFour Capital (Greenwich, CT) on 16 April released a letter to Sensient shareholders accusing the company of governance shortfalls and a failure to disclose...
http://www.chemweek.com/sections/news_briefs/Sensient-FrontFour-trade-volleys-in-advance-of-meeting_60414.html
April 17, 2014
A. Schulman on 8 April reported net income of $7 million for the fiscal quarter ended 28 February, down 41% year-on-year (YOY), but adjusted results topped estimates. Schulman says...
http://www.chemweek.com/sections/news_briefs/Schulman-earnings-up-sets-double-digit-sales-target_60415.html
April 17, 2014
Sherwin-Williams (SW) has announced that it is terminating its agreement to acquire Mexican paint supplier Comex, which has run into antitrust issues in Mexico. SW has already...
http://www.chemweek.com/sections/news_briefs/Sherwin-Williams-cancels-Comex-acquisition_60416.html
April 17, 2014
Syngenta says it generated $4.7 billion in sales during the first quarter. The figure represents a 2% increase from the same quarter the year before and is in line with analyst...
http://www.chemweek.com/sections/news_briefs/Syngentas-first-quarter-sales-up-2-percent_60399.html
April 17, 2014
Gazprom (Moscow) has hiked the second-quarter price it charges for supplies of natural gas to industrial consumers in Ukraine by more than $200.00 per 1,000 cubic meters, to $485.50...
http://www.chemweek.com/sections/news_briefs/Russia-hikes-Ukraines-gas-price-more-than-expected_60400.html
April 17, 2014
Lanxess says it has divested its wholly owned subsidiary Perlon-Monofil (Dormagen, Germany) to the Serafin Group (Munich) for an undisclosed amount. Perlon-Monofil manufactures a range of nylon and polyester monofilament products sold under the brands Perlon, Atlas, and Bayco....
http://www.chemweek.com/sections/news_briefs/Lanxess-sells-Perlon-Monofil-subsidiary-to-Serafin-Group_60401.html
April 17, 2014
Evonik Industries says it has agreed to sell its line of skin-care products for professionals, bundled under the brand name Stoko Professional Skin Care, to Deb Group (Denby, UK). Deb...
http://www.chemweek.com/sections/news_briefs/Evonik-sells-skin-care-products-business-to-UK-firm_60402.html
April 17, 2014
Cytec has acquired an equity position in C-CON Holdings (Herrenkreuth, Germany), an engineering, design, and process development company. The companies have also signed a joint...
http://www.chemweek.com/sections/news_briefs/Cytec-engineering-deal_60403.html
April 17, 2014
DSM says that its supervisory board will propose to appoint Geraldine Matchett as a managing board member as of 1 August. She would become CFO of DSM on 1 December, succeeding...
http://www.chemweek.com/sections/news_briefs/DSM-names-next-CFO_60404.html
April 17, 2014
The Bank of England has entered into a previously announced contract with Innovia Security, an Innovia Group (Wigton, UK) subsidiary, under which Innovia will supply the polymer...
http://www.chemweek.com/sections/news_briefs/Polymer-banknote-deal_60405.html
April 17, 2014
Honeywell on 17 April reported a fall in profit in its performance materials segment. Profit was down 3% year-on-year (YOY), to $374 million, driven by unfavorable petrochemical...
http://www.chemweek.com/sections/news_briefs/Honeywell-performance-materials-unit-earnings-drop_60418.html
April 17, 2014
IC Potash (ICP; Toronto) says that the Bureau of Land Management (BLM) has authorized ICP to construct and operate a sulphate of potash project, called Ochoa, at Lea County, NM. The...
http://www.chemweek.com/sections/news_briefs/ICP-project-approved_60419.html
April 17, 2014
Ashland’s specialty ingredients unit has completed a 13,000–sq ft expansion of its Macon, GA facility—moving its Nuosept biocides production line from Leaside, ON, to the new...
http://www.chemweek.com/sections/news_briefs/Ashland-ups-biocides_60420.html
April 17, 2014
Praxair says that it is building a steam methane reformer to increase the supply of hydrogen for its liquid hydrogen plant at Niagara Falls, NY. This investment will serve growing...
http://www.chemweek.com/sections/news_briefs/Praxair-grows-hydrogen_60421.html
April 9, 2014
The European Commission has adopted new rules on public support for energy and environmental protection projects. The Environment and Energy State Aid Guidelines (EEAG) will support...
http://www.chemweek.com/sections/news_briefs/European-Commission-presents-new-guidelines-on-state-aid-for-energy_60208.html
April 8, 2014
The European Chemicals Agency (ECHA; Helsinki) has called for a total of 30 testing proposals for 21 substances, including nitromethane; 2,4,6-trinitrotoluene; trichloro(propyl)silane...
http://www.chemweek.com/sections/news_briefs/ECHA-requests-testing-proposals-for-21-substances_60180.html
April 8, 2014
Germany has drafted a reform of the renewable energy act (EEG) after months of wrangling. The reform is seen as a success for the country’s industry, which successfully avoided...
http://www.chemweek.com/sections/news_briefs/Germany-drafts-reform-of-renewable-energy-act_60191.html
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