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April 7, 2016
Dow has settled with the “opt-out” plaintiffs in a urethanes price-fixing case, agreeing to pay $400 million. The settlement is expected to result in a net cash payment of about...
April 7, 2016
During the week ended 2 April, chemical railcar traffic in North America increased 9.5% year-on-year (YOY), to 47,650 carloads, surging back after the 1.9% YOY decline the previous...
April 7, 2016
CVR Partners has completed the $533-million acquisition of Rentech Nitrogen Partners, announced in August 2015. The transaction excludes Rentech Nitrogen’s Pasadena, TX, facility...
April 7, 2016
LyondellBasell Industries has completed the acquisition of the polypropylene (PP) compounding assets of Zylog Plastalloys (Pune, India), which was announced in November 2015...
April 7, 2016
Kuraray’s 40,000-m.t./year polyvinyl alcohol (PVOH) plant at Pasadena, TX, went online in January, making Kuraray the largest producer of PVOH, the company says. Kuraray acquired...
April 7, 2016
Flint Hills Resources (Wichita, KS) plans to shut down its Port Arthur, TX, light olefins unit to repair a leak found on 29 March, according to an air emission event report filed with...
March 24, 2016
BASF says that it used more than 21,000 suggestions from employees for improvements to save about €57 million ($63.8 million) in 2015....
March 24, 2016
Huntsman has refinanced two term loans due in 2016 and 2017 with a $550-million loan due in 2023. The refinancing “will extend the company’s debt maturities on favorable terms...
March 24, 2016
Ascend Performance Materials has completed the first full-scale production run of its new trifunctional amine, Hexatran. The company says that the amine is now being commercialized...
March 24, 2016
Rentech Nitrogen Partners has sold its Pasadena, TX, manufacturing facility to Pasadena Commodities International, an affiliate of Interoceanic, the plant’s long-time distributor of...
March 24, 2016
Dechra Pharmaceuticals (Northwich, UK) has conditionally acquired the entire share capital of Putney (Portland, ME), a developer of generic pharmaceuticals for companion animals. At...
March 24, 2016
Cabot says that Patrick Prevost has stepped down as president and CEO. The company has appointed Sean Keohane, head of its reinforced materials segment, to serve as president and CEO...
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