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August 14, 2015
Shell is selling its 75% stake in Tongyi Lubricants to Huo’s Group (Beijing) and private equity firm The Carlyle Group (Washington). Tongyi, a joint venture between Shell and Huo’s...
http://www.chemweek.com/sections/news_briefs/Shell-sells-China-lubes-stake-to-Carlyle-and-Huos-Group_72967.html
August 14, 2015
Dow Chemical has completed selling AgroFresh, its postharvest specialty chemical business, to Boulevard Acquisition for more than $900 million. The transaction was unanimously approved...
http://www.chemweek.com/sections/news_briefs/AgroFresh-deal-closes_72968.html
August 14, 2015
Air Products has acquired an additional 30.5% of the outstanding shares of Indura (Santiago) for $278 million. The purchase, completed in July, increases Air Products’ ownership...
http://www.chemweek.com/sections/news_briefs/Air-Products-ups-Indura_72969.html
August 14, 2015
PotashCorp has closed the acquisition of a 9.5% stake in Fertilizantes Heringer and concluded a long-term potash supply agreement with the firm, a Brazilian fertilizer company. In...
http://www.chemweek.com/sections/news_briefs/PotashCorp-Brazil-stake_72970.html
August 14, 2015
Sun Chemical has acquired Kingfisher Colours, a privately owned cosmetics color manufacturer in the United Kingdom. Sun says that the acquisition will allow it to expand in decorative...
http://www.chemweek.com/sections/news_briefs/Sun-buys-colors-firm_72971.html
August 14, 2015
The death toll following a massive explosion in the night of 12–13 August in the Port of Tianjin, China, had risen to at least 50 by CW press time....
http://www.chemweek.com/sections/news_briefs/Explosion-at-Chinese-port-kills-at-least-50_72974.html
August 14, 2015
Syngenta has reported first-half integrated sales of $7.6 billion, a 3% increase at constant exchange rates (CER). Second-quarter integrated sales were up 7% at CER, to $3.46 billion...
http://www.chemweek.com/sections/news_briefs/Syngenta-posts-lower-sales-earnings-confirms-targets_72975.html
August 14, 2015
Kem One Group SAS (Lyon, France), jointly owned by private equity firm OpenGate Capital and Alain de Krassny, has acquired Kem One Innovative Vinyls from The Klesch Group. Kem One...
http://www.chemweek.com/sections/news_briefs/Kem-One-SAS-buys-Kem-One-Innovative-Vinyls_72976.html
August 14, 2015
Brenntag has acquired a 51% stake in chemicals distributor Trychem (Dubai). Trychem distributes solvents serving the paint, ink, and coatings industries mainly in the United Arab...
http://www.chemweek.com/sections/news_briefs/Brenntag-Dubai-deal_72977.html
August 14, 2015
Sichuan Hebang (Chengdu, China), in its first investment outside China, has agreed to buy a 51% stake in agricultural chemicals company Stockton (Petah Tiqwa, Israel) for $90 million...
http://www.chemweek.com/sections/news_briefs/Agchem-acquisition_72978.html
August 14, 2015
Materis Paints (Clichy, France), an international player in decorative paints, has changed its name to Cromology. The company has brands that include Tollens and Zolpan in France...
http://www.chemweek.com/sections/news_briefs/Paints-name-change_72979.html
August 14, 2015
Germany’s chemical industry association VCI (Frankfurt) and the Federal Environment Ministry (BMUB) are collaborating in the development of new methods to measure the level of...
http://www.chemweek.com/sections/news_briefs/VCI-Further-developments-in-human-biomonitoring_72992.html
August 6, 2015
EMS Chemie (Herrliberg, Switzerland) has today reported sales of 969 million Swiss francs ($990.0 million) in the first half of this year compared with SF999 million in the...
http://www.chemweek.com/sections/news_briefs/EMS-Chemie-sales-fall-on-currency-effects-but-profit-rises_72791.html
August 5, 2015
Specialty chemicals company Altana (Wesel, Germany) says it has successfully adjusted and extended a syndicated line of credit for €250 million ($271.7 million). The credit...
http://www.chemweek.com/sections/news_briefs/Altana-extends-$274-million-credit-facility_72755.html
August 5, 2015
Swan Chemical, a wholly owned subsidiary of specialty chemicals firm Thomas Swan (Consett, UK) says it has acquired Production Systems Inc. (PSI; Akron, OH), a distributor of a range...
http://www.chemweek.com/sections/news_briefs/Swan-Chemical-acquires-Production-Systems-Inc-_72758.html
August 4, 2015
Sun Chemical (Parsippany, NJ), a wholly owned subsidiary of DIC (Tokyo), has announced that it has acquired Kingfisher Colours (Reading, UK), a privately owned cosmetics color...
http://www.chemweek.com/sections/news_briefs/Sun-Chemical-acquires-UK-cosmetics-color-firm_72723.html
August 4, 2015
Paints and coatings company Tikkurila (Helsinki) has reported that sales fell 7% year-on-year in second-quarter 2015, to €179.5 million ($196.9 million), compared with €192.9...
http://www.chemweek.com/sections/news_briefs/Tikkurila-sales-fall-in-second-quarter-and-first-half-but-profitability-improves_72721.html
August 4, 2015
Evonik Industries has posted sales of €3.52 billion ($3.86 billion) in the second quarter, up 8% year-on-year (YOY). Adjusted net income leaped by 70% YOY, to €307 million...
http://www.chemweek.com/sections/news_briefs/Evonik-sales-increase-Ebitda-rockets-raises-full-year-outlook-again_72717.html
July 31, 2015
Westlake Chemical Partners (WLKP) has filed comments arguing against proposed IRS regulations barring master limited partnerships (MLPs) based on the steam cracking of natural gas...
http://www.chemweek.com/sections/news_briefs/Westlake-makes-case-for-MLPs_72613.html
July 31, 2015
The European Commission has given the green light to the French government to release €125 million ($136.6 million) in state aid to chlor-alkali and polyvinyl chloride (PVC)...
http://www.chemweek.com/sections/news_briefs/EU-approves-French-state-aid-to-Kem-One_72616.html
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