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September 26, 2014
Hedge fund Trian Fund Management (New York) has called on DuPont to split off its higher-growth agriculture, nutrition, and industrial biotech operations. “DuPont’s conglomerate...
September 26, 2014
DuPont’s packaging and industrial polymers unit will increase the production capacity of its ethylene copolymers assets at its Texas manufacturing facilities. The company plans to...
September 26, 2014
ACC has released its monthly chemical activity barometer (CAB), which measures indicators related to the growth of the US chemical industry. The CAB gained just 0.1% over August...
September 26, 2014
Dow Chemical says that its electronic materials business will build the world’s first large-scale, cadmium-free quantum dot manufacturing operation at the company’s site at...
September 26, 2014
Myriant (Quincy, MA), a renewable chemicals firm, says that its board has appointed Cenan Ozmeral CEO. Ozmeral, who is already Myriant president, has been with the company since...
September 26, 2014
Perstorp (Perstorp, Sweden) says that Magnus Heimburg has been appointed CFO, effective 1 December. Heimburg succeeds Johan Malmqvist, who, after five years as CFO, has decided to...
September 26, 2014
Potash and magnesium products producer K+S (Kassel, Germany) has announced that the contract of Norbert Steiner, chairman, has been extended until May 2017. His contract was scheduled...
September 26, 2014
The combined research budget of Germany’s chemical industry soared to a record €10.5 bilion ($13.3 billion) in 2013, more than 8.0% higher than in the previous year, industry...
September 26, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv), a producer of fertilizers and specialty chemicals, announced the commencement of its international initial public offering on the New York Stock...
September 26, 2014
Formosa Plastics has selected the Steam Active Reforming (STAR) technology, licensed by ThyssenKrupp Industrial Solutions, for its propane dehydrogenation (PDH) project at Point...
September 26, 2014
BASF says that it is changing the organizational structure of its paper chemicals business to strengthen competiveness. The division will be dissolved as of 1 January 2015, and the current headquarters of the division at Basel, Switzerland, will be closed by the end of 2014. The company will cut about 50 jobs worldwide as part of the restructuring....
September 26, 2014
Versalis (Milan), the chemicals subsidiary of ENI (Rome), has confirmed that it will not restart operations at the company’s naphtha cracker at Porto Marghera, Italy. The cracker...
September 26, 2014
Lanxess has confirmed to CW that it will transfer its antioxidants and accelerators businesses from the company’s rubber chemicals (RUC) unit to its advanced industrial intermediates...
September 17, 2014
Dow Chemical has announced new executive leaders, including its next CFO, as well as realigned responsibilities for its senior leadership team, effective 1 October....
September 17, 2014
Boardwalk Pipeline Partners (Houston) has agreed to acquire Chevron Petrochemical Pipeline, which owns the Evangeline ethylene pipeline system, for $295 million in cash. The...
September 15, 2014
Protex International (Paris) says it has acquired Mereco Technologies Group (West Warwick, RI), including the Metachem Resins and DMS divisions. Financial terms of the deal have not...
September 15, 2014
Pembina (Calgary, AB) has chosen Portland, OR, as the site for a $500-million; 30,000-bbl/day propane export facility. The company has also agreed to acquire the Vantage pipeline...
September 15, 2014
Evonik Industries has started up a 20,000-m.t./year expansion at the company’s precipitated silica site at Chester, PA. The capacity addition at Chester forms part of Evonik’s...
September 15, 2014
Arsenal Capital’s Royal Adhesives (South Bend, IN) has announced that it has purchased Chemque (Toronto), a maker of polyurethane (PU) foams and adhesives for the telecoms, flooring...
September 15, 2014
Ecolab has acquired the chemicals segment—including water treatment, car top dust control, and freeze conditioning chemicals—of AKJ Industries (Fort Myers, FL). The purchase price...
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