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January 14, 2014
Sika (Baar, Switzerland) says its 2013 sales were 5.14 billion Swiss francs ($5.7 billion), compared with SF4.83 billion in 2012, an increase of 9.4% in local currencies. The company...
http://www.chemweek.com/sections/news_briefs/Sika-reports-2013-sales-of-$5-7-billion-up-9-4-percent_57953.html
January 10, 2014
DuPont announced on 9 January that executive v.p. Mark Vergnano will serve as CEO of its performance chemicals upon completion of the planned spin off of the unit from DuPont....
http://www.chemweek.com/sections/news_briefs/DuPont-names-CEO-of-performance-chemicals_57865.html
January 10, 2014
Harold Simmons, chairman of the board of directors at NL Holdings—which comprises several titanium dioxide manufacturers, including NL Industries (Dallas) and Kronos...
http://www.chemweek.com/sections/news_briefs/Chairman-of-NL-Holdings-and-Kronos-passes-away_57866.html
January 10, 2014
Enterprise Products Partners has announced a revised expansion of its Houston liquefied petroleum gas export terminal at Oiltanking’s (Hamburg) tank storage complex on the Houston...
http://www.chemweek.com/sections/news_briefs/Enterprise-revises-expansion-of-Houston-LPG-terminal_57867.html
January 10, 2014
Americas Styrenics (The Woodlands, TX) plans to construct a deepwater dock at its styrene production facility at St. James, LA, on the Mississippi River. The company expects to obtain...
http://www.chemweek.com/sections/news_briefs/Americas-Styrenics-plans-deepwater-dock_57868.html
January 10, 2014
Biochemical firm Myriant (Quincy, MA) has withdrawn its plans for a $125-million initial public offering, according to an SEC filing dated 8 January. The move comes shortly after PTT...
http://www.chemweek.com/sections/news_briefs/Myriant-withdraws-IPO_57869.html
January 10, 2014
Agrium announced on 9 January that it is restructuring its business and integrating the sectors of its Agrium advanced technologies (AAT) unit into the company’s wholesale unit...
http://www.chemweek.com/sections/news_briefs/Agrium-shuffles-units_57870.html
January 10, 2014
RPM International on 8 January announced fiscal 2014 second-quarter earnings up 52.5% year-on-year (YOY), to $63.6 million, on sales up 5.3%, to $1.02 billion. Earnings rose 21.1% YOY...
http://www.chemweek.com/sections/news_briefs/RPM-earnings-gain_57871.html
January 10, 2014
Taminco (Allentown, PA) has reached an agreement to acquire Kemira’s formic acid business, including the feed and the airport runway deicing product lines for €140 million ($191.5...
http://www.chemweek.com/sections/news_briefs/Taminco-to-acquire-Kemiras-formic-acid-busniess_57872.html
January 10, 2014
AkzoNobel says it has divested its primary amides business to PMC Group (Mount Laurel, NJ). Financial details of the transaction have not been disclosed....
http://www.chemweek.com/sections/news_briefs/PMC-buys-AkzoNobels-primary-amides-business_57873.html
January 10, 2014
Dynea (Helsinki) says it has agreed to sell its Prefere Resins unit to a fund managed by private equity firm Capiton (Berlin) and members of Prefere’s senior management team. Prefere...
http://www.chemweek.com/sections/news_briefs/Dynea-sells-phenolic-resins-unit-to-private-equity-firm_57874.html
January 10, 2014
The European Chemicals Agency (ECHA; Helsinki) says it expects, in 2014, to receive about twice the number of applications for authorization to use substances of very high concern...
http://www.chemweek.com/sections/news_briefs/ECHA-SVHC-applications-will-double-in-2014_57875.html
January 10, 2014
Vopak (Rotterdam) expects 2013 Ebitda of about €750 million ($1 billion)—within the company’s previously communicated Ebitda outlook range of €730–780 million, the company...
http://www.chemweek.com/sections/news_briefs/Vopak-downgrades-Ebitda-outlook-for-201416_57876.html
January 10, 2014
Makhteshim Agan, the world leader in generic pesticides, has acquired Agrovita, a distributor of agricultural chemicals in Slovakia. Agrovita has been Makhteshim’s representative and...
http://www.chemweek.com/sections/news_briefs/Agchem-acquisition_57877.html
January 10, 2014
Sabic has opened a technology center at Shanghai. The Sabic technology center (STC) was built with an initial investment of $100 million. Sabic recently opened an STC at Bangalore...
http://www.chemweek.com/sections/news_briefs/Sabic-tech-center_57878.html
January 10, 2014
Uhde Inventa-Fischer has commissioned a polycondensation plant in Oman to produce polyethylene terephthalate (PET) for bottle and packaging applications. The plant was built for Octal...
http://www.chemweek.com/sections/news_briefs/Mideast-PET-start-up_57879.html
January 9, 2014
Production of chemicals in the European Union increased by 1.8% in October 2013, compared with a year ago, according to the latest Cefic chemicals trends report. Cefic says that the...
http://www.chemweek.com/sections/news_briefs/Cefic-EU-chemical-industry-faces-fragile-recovery_57855.html
January 9, 2014
Member states of the European Union have voted to postpone the sale of 900 million carbon dioxide emission allowances under the EU's emissions trading system (EU ETS), a move that...
http://www.chemweek.com/sections/news_briefs/European-Union-agrees-to-postpone-sale-of-carbon-emission-allowances_57829.html
December 26, 2013
The European Chemicals Agency (ECHA; Helsinki) has invited comments on proposal for harmonized classification and labeling (CLH) for nine copper compounds: copper (II) oxide; copper...
http://www.chemweek.com/sections/news_briefs/ECHA-calls-for-comments-on-proposals-for-harmonized-classification-and-labeling-of-nine-copper-compounds_57657.html
December 23, 2013
The European Chemicals Agency (ECHA; Helsinki) has opened a public consultation on the potential for substitution of glutaraldehyde, under the appropriate article of the Biocidal...
http://www.chemweek.com/sections/news_briefs/ECHA-opens-consultation-on-potential-for-substitution-of-glutaraldehyde_57630.html
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