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April 26, 2013
Rennovia (Menlo Park, CA) has announced that hexamethylenediamine (HMD) will be its second commercial target, having demonstrated a chemocatalytic process to produce HMD from renewable...
http://www.chemweek.com/sections/news_briefs/Rennovia-unveils-renewable-HMD-route_51498.html
April 26, 2013
Taminco, owned by private equity firm Apollo Management, completed its previously announced initial public offering (IPO) of 15.8 million shares on 23 April at $15/share, raising...
http://www.chemweek.com/sections/news_briefs/Taminco-IPO-raises-$224-million_51499.html
April 26, 2013
Methanex in their first-quarter earnings call announced a decision to proceed with the relocation of a second 1-million m.t./year methanol plant from Chile to Geismar, LA. Methanex...
http://www.chemweek.com/sections/news_briefs/Methanex-to-relocate-methanol-plant-to-Louisiana_51500.html
April 26, 2013
Vertellus Specialties (Indianapolis) has entered into a joint venture with Weifang Green Olive Chemical (Weifang, China) to expand significantly Vertellus’s capacity to produce...
http://www.chemweek.com/sections/news_briefs/Vertellus-JV-in-China_51501.html
April 26, 2013
Biobased succinic acid producer BioAmber said it aims to raise $128 million with its planned initial public offering. In an SEC filing dated 12 April, the company said it plans to sell...
http://www.chemweek.com/sections/news_briefs/BioAmber-prices-shares_51502.html
April 26, 2013
ACC has released its chemical activity barometer (CAB) for April, showing that the US economy continues to grow slowly. On a 3-month moving average (3MMA) basis, the CAB increased 0.2%...
http://www.chemweek.com/sections/news_briefs/ACC-barometer-gains_51503.html
April 26, 2013
Honeywell says its UOP subsidiary was selected by Crosstex Processing Services to provide technology and equipment at Crosstex’s Plaquemine, LA facility to extract petrochemical...
http://www.chemweek.com/sections/news_briefs/UOPs-fractionator-deal_51504.html
April 26, 2013
Arkema has acquired a majority stake in AEC Polymers (Bordeaux, France), a manufacturer of structural adhesives. The acquisition is in line with Arkema’s strategy to expand in...
http://www.chemweek.com/sections/news_briefs/Arkema-ups-adhesives_51508.html
April 26, 2013
Sasol Olefins & Surfactants (Sasol O&S; Hamburg), a subsidiary of Sasol, has sold its entire share of Sasol Gulf (Dubai) to Anichem (Dubai). Anichem, a member of Al Nahda...
http://www.chemweek.com/sections/news_briefs/Sasol-sells-Dubai-unit_51509.html
April 26, 2013
International Process Plants (IPP; Hamilton, NJ) says it has put former Vinyls Italia assets at Porto Marghera and Porto Torres, Italy, up for sale. The facilities, owned earlier by...
http://www.chemweek.com/sections/news_briefs/Vinyls-assets-for-sale_51510.html
April 15, 2013
Berger Paints India (Kolkata) has informed the Bombay Stock Exchange that it has agreed to acquire the architectural paints business of Sherwin-Williams (SW) Paints India for an...
http://www.chemweek.com/sections/news_briefs/Berger-buys-from-SW_51135.html
April 15, 2013
Teijin, Showa Shell, and Mitsubishi Corp. have dissolved their para- xylene ( p -xylene) production and marketing joint venture TS Aromatics. Sources at Teijin tell CW the jv agreement...
http://www.chemweek.com/sections/news_briefs/P-xylene-JV-scrapped_51134.html
April 15, 2013
BASF says it will reshape its leather and textile chemicals business with increased focus on growing Asia/Pacific and high value-adding applications, such as those for the leather...
http://www.chemweek.com/sections/news_briefs/BASF-restructures_51133.html
April 15, 2013
Beleaguered polyvinyl chloride producer Kem One (Lyon, France) has secured funding that it says will enable the company to continue operating under the terms of its receivership. Kem...
http://www.chemweek.com/sections/news_briefs/Kem-One-secures-funding-to-continue-operating_51132.html
April 15, 2013
Perstorp and Johnson Matthey (JM) say that JM has acquired Perstorp’s formaldehyde technology and catalyst business, Formox (Perstorp, Sweden), for 1.05 billion Swedish kronor...
http://www.chemweek.com/sections/news_briefs/JM-buys-Perstorp-catalyst-and-technology-business_51131.html
April 15, 2013
Cefic has reacted with caution to a recent proposal by the European Commission to strengthen the European Union’s trade defense instruments....
http://www.chemweek.com/sections/news_briefs/Cefic-urges-a-balanced-approach-to-strengthening-EU-trade-defense-instruments_51130.html
April 15, 2013
Longtime Toxic Substances Control Act (TSCA)–reform advocate Senator Frank Lautenberg (D., NJ) last week reintroduced the Safe Chemicals Act, the latest version of a bill aimed...
http://www.chemweek.com/sections/news_briefs/Lautenberg-reintroduces-Safe-Chemicals-Act-ACC-expects-more-industry-friendly-bill-soon_51129.html
April 15, 2013
W. R. Grace says it has acquired Chemind Construction Products (Brisbane, Australia), a privately held specialty manufacturer and distributor of waterproofing coatings technologies and...
http://www.chemweek.com/sections/news_briefs/Grace-buys-Chemind_51128.html
April 15, 2013
Evonik in North America is traveling around the United States to display its Wind Explorer 200-lb lightweight electric vehicle after recently completing a nearly 3,000-mile trip across...
http://www.chemweek.com/sections/news_briefs/-debuts-electric-car_51127.html
April 15, 2013
Evonik Industries has named John Rolando president of its North American subsidiary Evonik Corp. Rolando has been with the company for over 25 years and most recently served as...
http://www.chemweek.com/sections/news_briefs/Evonik-names-NA-head-_51126.html
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