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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
April 7, 2014
Lenzing (Lenzing, Austria), a leading cellulose fiber producer, has announced the appointment of Thomas Riegler as CFO for a period of three years, effective 1 June. Riegler is...
http://www.chemweek.com/sections/news_briefs/Lenzing-appoints-CFO_60144.html
April 4, 2014
H.B. Fuller on 27 March reported net income down 29.4% year-on-year (YOY), to $24.6 million, or 28 cts/share, on revenues up 1.3%, to $486 million for the fiscal quarter ended 1 March...
http://www.chemweek.com/sections/news_briefs/Fuller-net-income-falls-Omnova-earnings-up_60072.html
April 4, 2014
Antero Resources (Denver), an independent oil and natural gas company engaged in the production of unconventional oil and liquids-rich natural gas in the Appalachian Basin in West...
http://www.chemweek.com/sections/news_briefs/Antero-to-supply-ethane-to-Odebrecht-US-cracker-project_60073.html
April 4, 2014
Although winter weather continued to undermine the economy, ACC says equity prices in the chemical industry drove the monthly chemical activity barometer up—showing a 0.3% gain over...
http://www.chemweek.com/sections/news_briefs/ACC-CAB-up-on-stronger-equity-prices_60074.html
April 4, 2014
PPG says it has closed the sale of its 51% stake in the Transitions Optical joint venture, along with PPG’s wholly-owned sun lens business, to Essilor International (Paris), a maker...
http://www.chemweek.com/sections/news_briefs/PPG-closes-sale-of-share-in-Transitions-jv_60075.html
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