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Displaying 1 - 20 of 535 stories.
June 26, 2015
Monsanto beat analysts’ estimates for its fiscal quarter ended 31 May on stronger corn and soybean sales and the proceeds from a recent glyphosate license extension from Scotts...
http://www.chemweek.com/sections/top_of_the_week/-beats-estimates-on-higher-seed-sales-considering-$1-billion-investment-in-dicamba-production_71657.html
June 26, 2015
Monsanto, announcing its third-quarter results on 24 June ( below), reconfirmed that it is eager to merge with Syngenta. However, Monsanto signaled earlier that it has other options....
http://www.chemweek.com/sections/top_of_the_week/Monsanto-eager-to-merge-with-Syngenta-but-has-other-options-_71658.html
June 15, 2015
Syngenta has rebuffed a second, virtually unchanged takeover approach by Monsanto....
http://www.chemweek.com/sections/top_of_the_week/Syngenta-rebuffs-second-Monsanto-approach_71243.html
June 15, 2015
Distributor Univar last week announced it is launching an initial public offering (IPO), along with a concurrent private placement to Temasek Holdings (Singapore), the sovereign wealth...
http://www.chemweek.com/sections/top_of_the_week/Univar-to-raise-$739-million-in-IPO-stake-sale_71244.html
June 8, 2015
Leaders of seven of the world’s largest economies, meeting in Elmau, Germany, yesterday, expressed support for reducing greenhouse gas emissions by 40-70% by 2050. The leaders emphasized that “deep cuts in global greenhouse gas (GHG) emissions are required with decarbonization of the global economy over the course of this century.” Germany’s chemical industry association (VCI) noted the lack of identified concrete steps to reduce emissions of carbon dioxide...
http://www.chemweek.com/sections/top_of_the_week/G7-Leaders-commit-to-40-70-percent-GHG-reductions-by-2050_71073.html
June 1, 2015
Valspar has reached a deal to acquire the performance coatings businesses of Quest Specialty Chemicals (Charleston, SC) in a deal that roughly doubles the size of its $150-million/year automotive refinish business....
http://www.chemweek.com/sections/top_of_the_week/Valspar-to-acquire-coatings-businesses-from-Quest_70808.html
May 29, 2015
Asahi Kasei and Mitsubishi Chemical have announced that they have signed an agreement to establish a 50-50 joint venture for their previously announced plan to combine their naphtha...
http://www.chemweek.com/sections/top_of_the_week/Asahi-Kasei-and-Mitsubishi-Chemical-move-ahead-with-plans-to-combine-crackers-at-Mizushima_70807.html
May 26, 2015
DuPont on 13 May won its proxy battle with activist hedge fund Trian Fund Management (New York), as all four of the company’s director nominees were re-elected to its board, company officials say.DuPont is “encouraged by shareholder feedback and support for our transformation,” chair and CEO Ellen Kullman told the meeting....
http://www.chemweek.com/sections/top_of_the_week/DuPont-wins-proxy-fight-but-Trian-retains-stake_70599.html
May 22, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest petrochemical player and one of Asia’s fastest-growing, tells CW that it will invest about $1 billion to build a...
http://www.chemweek.com/sections/top_of_the_week/PTTGC-to-build-PO-polyols-complex-in-Thailand-details-Ohio-plan_70598.html
May 13, 2015
Germany’s chemical-pharmaceutical industry returned to moderate growth during the first three months of 2015, according to the latest quarterly report by chemical trade...
http://www.chemweek.com/sections/top_of_the_week/Germanys-chemical-production-grows-in-first-quarter-but-sales-fall-on-lower-prices-forecast-unchanged_70367.html
May 8, 2015
Boulevard Acquisition (New York), a public blank-check investment vehicle formed by Avenue Capital, has reached a deal to buy Dow Chemical’s AgroFresh business, a maker of...
http://www.chemweek.com/sections/top_of_the_week/Dow-to-sell-AgroFresh-unit-to-investment-firm-in-$879-million-deal_70223.html
May 8, 2015
Proxy advisory firms Institute for Shareholder Services (ISS; Rockville, MD), Glass Lewis (San Francisco), and Egan-Jones (Haverford, PA) have backed Nelson Peltz, founder and CEO of activist hedge fund Trian Fund Management (New York), in his bid for a board seat at DuPont. ISS has also backed former GE CEO/asset management John Myers, another Trian nominee, for a seat on DuPont’s board of directors, while Egan-Jones has backed all four Trian nominees....
http://www.chemweek.com/sections/top_of_the_week/Proxy-advisory-firms-back-Peltz-in-DuPont-board-fight_70224.html
May 6, 2015
The European Council, under the current Latvian presidency, and members of the European Parliament (MEPs) have agreed on a draft law to reform the European Union’s Emissions...
http://www.chemweek.com/sections/top_of_the_week/EU-ETS-Market-stability-reserve-to-start-in-2019-VCI-warns-of-additional-cost-burden-for-chemical-industry_70125.html
April 24, 2015
Liveris: ‘Geopolitical and economic uncertainty’ expected to continue through 2015. North American diversified chemical companies’ first-quarter earnings beat...
http://www.chemweek.com/sections/top_of_the_week/Dow-DuPont-beat-estimates-despite-big-revenue-drops_69782.html
April 24, 2015
Air Products has been awarded a contract by Saudi Aramco to build and operate the world’s largest industrial gas complex at Jazan, Saudi Arabia. The total investment necessary to...
http://www.chemweek.com/sections/top_of_the_week/Air-Products-wins-$2-1-billion-contract-from-Aramco-to-build-worlds-largest-industrial-gas-complex_69781.html
April 17, 2015
New DuPont director and former LyondellBasell Industries CEO Jim Gallogly was approached by Trian Fund Management (New York) to join the activist hedge fund’s dissident slate for DuPont’s board, according to a shareholder letter released by DuPont....
http://www.chemweek.com/sections/top_of_the_week/DuPont-Trian-step-up-proxy-fight-as-annual-meeting-nears_69527.html
April 17, 2015
The output of chemicals in the European Union rose by a paltry 0.2% in 2014, while sales fell 1.1% compared with the previous year on lower prices, according to the latest Cefic...
http://www.chemweek.com/sections/top_of_the_week/Cefic-EU-chemical-output-stagnant-confidence-slips_69528.html
April 15, 2015
The output of chemicals in the European Union rose by a paltry 0.2% in 2014, while sales fell 1.1% compared with the previous year because of lower prices, according to the latest...
http://www.chemweek.com/sections/top_of_the_week/EU-chemical-output-stagnant-in-2014-sales-fall-prices-plunge-confidence-slips_69400.html
April 6, 2015
BASF has confirmed that it and University of Chicago Argonne have jointly filed lawsuits against Umicore (Brussels) and one of its customers, Makita, a Japanese toolmaker, alleging...
http://www.chemweek.com/sections/top_of_the_week/BASF-sues-Umicore-over-lithium-ion-battery-patent-infringement_69181.html
April 6, 2015
Dow Chemical has agreed to merge most of its chlor-alkali and downstream derivatives business with Olin in a transaction that values the business at $5 billion....
http://www.chemweek.com/sections/top_of_the_week/Dow-to-merge-chlor-alkali-with-Olin-in-deal-valued-at-$5-billion_69182.html
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