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October 30, 2015
Cytec Industries says that it has acquired a stake in privately held Penso Holdings (Coventry, UK), an engineering services, vehicle conversion, and composite part manufacturing...
http://www.chemweek.com/sections/news_briefs/Cytec-acquires-stake-in-engineering-firm-Penso_74815.html
October 30, 2015
ACC’s chemical activity barometer (CAB), a leading indicator of economic activity, fell 0.3% in October following declines of 0.3% and 0.1% in September and August, respectively...
http://www.chemweek.com/sections/news_briefs/ACC-CAB-falls-third-consecutive-month_74816.html
October 30, 2015
Ineos has asked the Texas Commission on Environmental Quality (TCEQ) for permission to build a 350,000 m.t./year linear alpha-olefins (LAO) plant at the company’s Chocolate Bayou...
http://www.chemweek.com/sections/news_briefs/Ineos-seeks-permit-for-LAO-at-Chocolate-Bayou_74817.html
October 30, 2015
Huntsman has entered into an accelerated share repurchase agreement with Citibank for $100 million of its common stock. The transaction is expected to be completed early in the first...
http://www.chemweek.com/sections/news_briefs/Huntsman-accelerates-$100-million-share-purchase_74818.html
October 30, 2015
During the week ended 24 October, chemical railcar traffic in North America decreased 5.8% year-on-year (YOY) on declines throughout the region. Chemical railcar traffic during the...
http://www.chemweek.com/sections/news_briefs/Rail-traffic-drops_74819.html
October 30, 2015
Hallstar has expanded its presence in Brazil and Latin America with the acquisition of Fortinbras (São Paulo). The two companies share expertise in ester chemistry and offer products...
http://www.chemweek.com/sections/news_briefs/Hallstar-buys-in-Brazil_74820.html
October 30, 2015
George Knight has been appointed executive v.p. and CFO of Hexion, effective 1 January 2016. He will succeed William Carter, who retires at the end of 2015. Knight is the current...
http://www.chemweek.com/sections/news_briefs/Hexion-exec-moves_74821.html
October 30, 2015
DuPont’s cellulosic ethanol facility at Nevada, IA, is on track to open on 30 October. The facility is expected to produce about 30 million gal/year of cellulosic ethanol using corn...
http://www.chemweek.com/sections/news_briefs/DuPont-cellulosics-set_74822.html
October 30, 2015
Private equity firm Apollo Management (New York) has closed its acquisition of OM Group’s magnetic technologies, advanced organics, and batteries businesses. As part of the deal...
http://www.chemweek.com/sections/news_briefs/OM-Group-sale-to-Apollo-Platform-closes-Apollo-names-new-CEO_74823.html
October 30, 2015
Private equity firm Arsenal Capital has named former Citadel Plastics CEO Michael Huff as its twelfth operating partner. Huff had been CEO of Citadel Plastics for five years, until the...
http://www.chemweek.com/sections/news_briefs/Arsenal-names-operating-partner_74814.html
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