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December 13, 2013
Cytec says that it has entered into a strategic collaboration agreement with Mubadala Development (Abu Dhabi, UAE), an investment and development company. Mubadala, which is owned by...
http://www.chemweek.com/sections/news_briefs/Cytec-Mubadala-evaluate-prepreg-manufacturing_57344.html
December 13, 2013
Nestlé has announced plans to sell its 10% stake in Givaudan via a private placement to investors. The placement is being managed by Goldman Sachs. The stake is valued at 1.1 billion...
http://www.chemweek.com/sections/news_briefs/Nestlé-sells-10-percent-stake-in-Givaudan_57348.html
December 13, 2013
Fertilizer producer Acron (VelikyNovgorod, Russia) and its Canadian subsidiary North Atlantic Potash report that their joint venture with Rio Tinto Potash Management has completed an...
http://www.chemweek.com/sections/news_briefs/Acron-potash-update_57349.html
December 13, 2013
Shell will not move forward with a proposed 140,000-bbl/day gas-to-liquids (GTL) project in Louisiana and will suspend all further work on the project, the company has announced. Shell...
http://www.chemweek.com/sections/news_briefs/Shell-shelves-US-GTL_57350.html
December 13, 2013
Ecolab has increased its quarterly dividend by 20%, to 27.5 cts/share. Ecolab chairman and CEO Douglas Baker says the increase is due to “the continued growth and development we have...
http://www.chemweek.com/sections/news_briefs/Ecolab-boosts-dividend_57351.html
December 13, 2013
PPG Industries says that its aerospace business has expanded operations in Japan with the relocation of its application support center to a site at Miyoshi that supports increased...
http://www.chemweek.com/sections/news_briefs/PPG-expands-in-Japan_57352.html
December 13, 2013
Frutarom Industries (Haifa, Israel) has acquired Hagelin & Co. (Branchburg, NJ) for $52.4 million in cash to expand its product portfolio in soft drinks and other beverages. The...
http://www.chemweek.com/sections/news_briefs/Frutarom-acquires-US-flavors-company-Hagelin_57353.html
December 13, 2013
Air Products says it has signed a joint venture agreement with Takamul Investment (Masqat, Oman), a subsidiary of Oman Oil Co. (Masqat), to establish an integrated industrial gases...
http://www.chemweek.com/sections/news_briefs/Air-Products-Takamul-form-industrial-gases-JV-in-Oman_57345.html
December 13, 2013
Aceto has acquired Inter’actifs (Saint-Brieuc, France), a distributor of ingredients to the cosmetics and personal-care industries. Financial details of the deal have not been...
http://www.chemweek.com/sections/news_briefs/Aceto-acquires-cosmetics-distributor-in-France_57346.html
December 13, 2013
KMG Chemicals reports fiscal first-quarter net income of $1.35 million, down 67.4% year-on-year (YOY), on sales up 43.3%, to $93.6 million. Sales rose primarily because of the...
http://www.chemweek.com/sections/news_briefs/KMG-Chemicals-earnings-fall-on-restructuring-charges_57347.html
December 13, 2013
The European Investment Bank (EIB; Luxembourg) is to lend €65 million ($89.5 million) to support R&D projects in production technology for second-generation biofuel at...
http://www.chemweek.com/sections/news_briefs/Biochemtex-receives-$90-million-loan-for-R-and-D-on-second-generation-bioethanol_57386.html
December 13, 2013
German chemical trade association VCI (Frankfurt) says it is "cautiously optimistic" for the start of 2014, and expects an increase in chemical production of 2% in the coming...
http://www.chemweek.com/sections/news_briefs/VCI-cautiously-optimistic-for-German-chemical-industry-in-2014-expects-production-rise-of-2-percent_57310.html
December 12, 2013
The European Food Safety Authority (EFSA; Parma, Italy) has completed its first full risk assessment of aspartame, used as a sweetener, and concluded that both aspartame and its...
http://www.chemweek.com/sections/news_briefs/EFSA-concludes-aspartame-is-"safe-at-current-levels-of-exposure"_57318.html
December 9, 2013
Kemira says it has successfully started up its coagulant plant at Dormagen, Germany. The location of the plant at a Bayer MaterialScience site gives Kemira access to hydrochloric...
http://www.chemweek.com/sections/news_briefs/Kemira-starts-up-coagulant-plant-at-Dormagen-Germany_57195.html
December 9, 2013
Chemical production in the European Union rose by 0.7% in September 2013 compared with the year-ago period, confirming growth for the second consecutive quarter, Cefic says. Two...
http://www.chemweek.com/sections/news_briefs/Cefic-EU-chemical-industry-out-of-recession-but-recovery-is-fragile_57199.html
December 9, 2013
Nuevolution (Copenhagen, Denmark), a small molecule lead discovery company, says it has appointed Tom Berkien as chief business officer, effective 1 January. Berkien will lead...
http://www.chemweek.com/sections/news_briefs/Nuevolution-appoints-Berkien-as-chief-business-officer_57187.html
December 6, 2013
The European Council says it has agreed on a proposal aimed at a minimum infrastructure for alternative fuels across the European Union, to be in place by 2030. The council believes...
http://www.chemweek.com/sections/news_briefs/European-Council-sets-out-approach-to-minimum-infrastructure-for-alternative-fuels-across-EU_57174.html
December 6, 2013
The European Chemicals Agency (ECHA; Helsinki) has reviewed key events in 2013, and provided an outline for 2014. The second deadline for the EU's Registration, Evaluation...
http://www.chemweek.com/sections/news_briefs/ECHA-reviews-2013-outlines-plans-for-2014_57176.html
December 6, 2013
Dow Chemical has sold its majority stake in Dow Kokam (Midland, MI), a maker of lithium-ion (Li-ion) battery cells, to MBP Investors, an affiliate of Townsend Ventures (Hunt Valley...
http://www.chemweek.com/sections/news_briefs/Dow-exits-Dow-Kokam-lithium-battery-venture_57142.html
December 6, 2013
The US Department of Labor’s OSHA has announced that it is seeking public comment on potential revisions to its Process Safety Management and related standards, as well as other...
http://www.chemweek.com/sections/news_briefs/OSHA-seeks-input-on-chemical-safety-standards_57143.html
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