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January 14, 2016
Frutarom Industries has acquired all shares of Grow Co. for $20 million. Grow makes food flavors, natural food coloring agents, cosmetic ingredients, and dietary supplements for human...
January 14, 2016
LyondellBasell Industries has announced several senior executive changes. Timothy Roberts, executive v.p./olefins and polyolefins, is leaving the company. He will be succeeded by Daniel Coombs, who joined LyondellBasell last year as executive v.p./intermediates and derivatives, technology, and procurement....
January 14, 2016
LG Chem says that its board has given final approval for the company’s acquisition of Dongbu Farm Hannong (Seoul), South Korea’s biggest producer of agricultural chemicals, fertilizers, seeds, animal health-care products, and fine chemicals from Dongbu Group (Seoul) for 515.2 billion won ($425.4 million). The deal is expected to close in March, LG Chem says....
January 14, 2016
Celanese has entered into a memorandum of understanding (MOU) with Push Group (Yibin, China), a wholly owned subsidiary of Sichuan Wuliangye Group, to form a joint venture focused on...
January 14, 2016
Vopak has agreed to sell its assets in the United Kingdom in separate transactions to Macquarie Capital (Sydney) and Greenergy (London). Macquarie will acquire 100% of three terminals...
January 14, 2016
BP says that it will cut 4,000 more jobs in its worldwide exploration and production business during the next two years. The planned job losses represent about 5% of BP’s total...
January 14, 2016
Sika (Baar, Switzerland) has reported 8.3% higher sales in the fourth quarter of 2015, with total sales for the year rising 6.2% in local currency, to SF5.49 billion ($5.44 billion)...
January 14, 2016
Evergas (Copenhagen) has contracted with JHW Engineering & Contracting (Shanghai) for the construction of four more ships to transport ethane from the United States to Ineos sites...
January 14, 2016
Neste, Veolia (Paris), and Borealis have agreed to create Kilpilahti Power Plant (KPP), a joint venture to build a combined heat and power plant at Porvoo, Finland. The plant will...
January 14, 2016
As part of an industry-wide commitment to help European chemical companies to improve their energy efficiency and competitiveness Cefic has announced a project to support smaller...
January 7, 2016
BP has agreed to sell its aromatics complex in Decatur, AL, to Indorama Ventures (Bangkok). Under the agreement, Indorama Ventures will purchase the Decatur complex, including working...
January 7, 2016
RPM reports fiscal net income up 20% year-on-year (YOY), to $83.4 million, for the fiscal second quarter, ended 30 November 2015, and sales up 7.9% to $1.07 billion....
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