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March 3, 2016
Monsanto has lowered its outlook for its fiscal 2016 since weak pricing in seeds and delayed approval for dicamba have added stress to the already weak ag market. The company expects...
March 3, 2016
Axiall has agreed to sell certain assets of its compound additives business, known as Solucor, as well as its Canadian manufacturing facility at Bradford, ON, to Galata Chemicals...
March 3, 2016
Chemours has completed the $140-million sale of its aniline plant at Beaumont, TX, to Dow Chemical. The deal was announced last November. The acquisition allows Dow to integrate...
March 3, 2016
PPG is selling it 40% stake in Pittsburgh Glass Works (PGW), exiting the automotive glass industry. Full ownership will be acquired by LKQ. Private equity firm Kohlberg & Co. owns...
March 3, 2016
The US February ethylene contract was settled at 25.8 cts/lb Wednesday, gaining 1 ct/lb from January. The increase is in line with the spot market, which has strengthened on the back...
March 3, 2016
The European Union’s chemicals sector was stagnant in 2015, according to the latest Cefic chemicals trends report. The full-year output grew a paltry 0.3% but was up by 0.6% in the...
March 3, 2016
International Chemical Investors Group (ICIG; Frankfurt) says it has agreed with Novartis to acquire all the shares in Sandoz Industrial Products, a Frankfurt-based manufacturer of...
March 3, 2016
ENI (Rome) has classified its Versalis (Milan) chemicals subsidiary as a discontinued operation as the parent nears selling a majority stake in the business. ENI says negotiations are...
March 3, 2016
The board of Grupa Azoty (Tarnów, Poland) says that at a meeting held on 19 February, the company’s supervisory board dismissed Paweł Jarczewski, president of the board, with...
March 3, 2016
The European Chemicals Agency (ECHA; Helsinki) says that France intends to propose bisphenol A (BPA) as a substance of very high concern (SVHC) by 8 August under the Registration...
March 3, 2016
Recipharm (Jordbro, Sweden), a pharmaceutical contract development and manufacturing organization (CDMO), has announced its acquisition of Mitim (Brescia, Italy), another CDMO, for 640...
March 3, 2016
Total is seeking an investment partner for its previously announced $2-billion, 1-million m.t./year ethylene plant at Port Arthur, TX, said Philippe Sauquet, Total’s...
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