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December 5, 2014
Private equity firm SK Capital (New York)—a boutique investor with a major focus on chemicals—has completed a new, $1.00-billion fund, the firm’s fourth. The fund-raising process took five months, and funding commitments for the round met the firm’s hard cap, SK Capital says. Major investors include endowments, insurance companies, pension plans, funds of funds, and high-net-worth families....
December 4, 2014
The European Chemicals Agency (ECHA; Helsinki) says that it has received an intention for karanal (5-butan-2-yl-2-(2,4-dimethyl-1-cyclohex-3-enyl)-5-methyl-1,3-dioxane) as a substance...
November 21, 2014
Many smaller specialty chemical companies—including producers and toll manufacturers—try to gear products towards specific, often niche, markets to make up for their lack of resources in comparison with bigger competitors. Smaller companies also say they try to compete by being more nimble and faster to make decisions....
November 21, 2014
Givaudan says it has opened and expanded its technical center and regional offices at Dubai, United Arab Emirates. The expansions are in response to growing demand for flavors from...
November 21, 2014
Lonza’s consumer-care segment has signed an agreement with Koda’s care business for Koda to serve as Lonza’s exclusive third-party distributor of hygiene and personal-care...
November 14, 2014
Paints and coatings company Tikkurila (Helsinki) lowered its guidance for 2014 shortly after announcing its results for the third quarter of 2014 and expecting revenue and Ebit...
November 14, 2014
US specialty chemicals market volumes rose 0.9% sequentially in September after a flat August and a 0.7% gain in July, according to ACC. Year-on-year (YOY), US specialties market...
November 14, 2014
Solvay says it has opened a new facility at Bad Wimpfen, Germany, to produce fluorinated ester 4-ethoxy-1,1,1-trifluoro-3-butene-2-one (ETFBO). ETFBO is a large, active ingredient...
November 14, 2014
Albemarle says it is expanding its production capacity for liquid curatives at its site in Pasadena, TX. The expansion will support liquid curatives used in polyureas, urethanes, and...
November 14, 2014
Quaker Chemical has acquired Binol (Karlshamn, Sweden), a maker of biolubricants serving the Nordic region, for 137 million Swedish kronor ($18.9 million). Binol’s estimated 2014...
November 14, 2014
Adhesives manufacturers Henkel and H.B. Fuller are pushing through price increases as raw material costs inflate and demand remains solid in most end markets. Vinyl acetate monomer...
November 10, 2014
Composite materials supplier Gurit (Zurich) says its CFO, Markus Knüsli Amacker, is to leave the company by May 2015 “by best mutual consent.” Amacker joined Gurit in...
November 5, 2014
Momfluorothrin and 5-chloro-2-methylisothiazol-3(2H)-one (CMIT) have been added to the registry of intentions (RoI) under the harmonised classification and labelling (CLH) regulation...
November 4, 2014
SGL Group (Wiesbaden, Germany) today announced further streamline of its business organization, as part of a cost savings plan. The company says that it is reducing the number of...
October 31, 2014
BASF says its BASF Venture Capital subsidiary has invested $1.5 million in SLIPS Technolgies (Cambridge, MA), part of a $3 million series A financing. Swiss entrepreneur and private...
October 31, 2014
growth in nutraceutical products will be led by functional foods, which should grow at double-digit percentage rates in the United States and China over the next few years, according...
October 31, 2014
International Flavors & Fragrances (IFF) has appointed Andreas Fibig, who serves as the company’s CEO, as chairman, effective 1 December. Fibig will succeed Doug Tough, who will...
October 31, 2014
PPG Industries says that it has expanded its application support center (ASC) for Central Europe at Hamburg. The Hamburg ASC will now produce premixed and frozen sealants and Semkit...
October 31, 2014
AkzoNobel says it has started operations at its vehicle refinishes plant at Changzhou, China. The plant adds about 25 million liters of capacity for three brands of vehicle refinishing...
October 30, 2014
Sika (Baar, Switzerland) says it has achieved sales growth of 11.7% in the third quarter of 2014. All regions reported double‐digit sales increases in local currency, the company...
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