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Displaying 1 - 20 of 477 stories.
October 24, 2014
Germany’s chemical industry trade association VCI (Frankfurt) says that the target of a 40% reduction in greenhouse gas emissions agreed by European leaders is “highly...
http://www.chemweek.com/sections/top_of_the_week/VCI-Highly-ambitious-climate-targets-will-result-in-weaker-growth-reduced-competitiveness_64783.html
October 24, 2014
The European Council, the institution of the heads of state or government of the member states of the European Union, has agreed on the 2030 climate and energy policy framework for the...
http://www.chemweek.com/sections/top_of_the_week/European-leaders-set-ambitious-climate-energy-targets-for-2030_64780.html
October 24, 2014
Cost-advantaged feedstocks, made plentiful from shale gas development, continue to boost Dow Chemical’s margins. The company adds that while the sharp drop in crude oil prices...
http://www.chemweek.com/sections/top_of_the_week/Dow-posts-gains-says-lower-oil-prices-wont-hurt-cost-position_64748.html
October 24, 2014
Total has named Patrick Pouyanné CEO, following the death of Christophe de Margerie, chairman and CEO, in a plane crash at a Moscow airport on 20 October. Pouyanné was president of refining and chemicals and a member of the Total executive committee....
http://www.chemweek.com/sections/top_of_the_week/Total-appoints-head-of-refining-and-chemicals-as-its-new-CEO_64749.html
October 10, 2014
Versalis (Milan) has confirmed plans to enhance the feedstock flexibility of the company’s Dunkirk, France, steam cracker to enable the plant to consume low-cost ethane imported from the United States....
http://www.chemweek.com/sections/top_of_the_week/EPCA-Versalis-confirms-conversion-of-Dunkirk-cracker_64405.html
October 10, 2014
LyondellBasell Industries’ CEO James Gallogly has announced plans to retire from the company in early 2015....
http://www.chemweek.com/sections/top_of_the_week/LyondellBasell-CEO-Gallogly-to-retire-in-early-2015_64406.html
September 26, 2014
Merck KGaA (Darmstadt, Germany) has reached an agreement to acquire Sigma-Aldrich (St. Louis) for $17 billion. The agreed price of $140/share represents a 37% premium to...
http://www.chemweek.com/sections/top_of_the_week/Merck-KGaA-to-acquire-Sigma-Aldrich-for-$17-billion_64036.html
September 26, 2014
Bayer has announced plans to separate Bayer MaterialScience (BMS), the company’s polyurethanes (PUs) and polycarbonates (PCs) operations, and float it on the stock exchange within 12–18 months. “Our intention is to create two top global corporations: Bayer as a world-class innovation company in the life sciences businesses and MaterialScience as a leading player in polymers,” says Bayer CEO Marijn Dekkers....
http://www.chemweek.com/sections/top_of_the_week/Bayer-to-float-MaterialScience-on-the-stock-exchange_64037.html
September 15, 2014
FMC on 8 September agreed to acquire Cheminova (Harboøre, Denmark), a crop protection chemicals maker, for about 10.5 billion Danish kroner ($1.82 billion). FMC will fund the...
http://www.chemweek.com/sections/top_of_the_week/FMC-to-acquire-Denmarks-Cheminova-for-$1-8-billion_63774.html
September 15, 2014
Eastman Chemical announced on 11 Setpember that it plans to acquire Taminco for $2.8 billion, or $26/share, including $1.0 billion of assumed debt. Taminco, a major producer of alklylamines and alkylamine derivatives, was taken public by private equity firm Apollo Management (New York) in 2013....
http://www.chemweek.com/sections/top_of_the_week/Eastman-to-acquire-Taminco-for-$2-8-billion_63775.html
August 29, 2014
Reliance Industries (Mumbai) and Sabic have announced separate plans to import United States ethane to feed their steam crackers in India and the United Kingdom, respectively....
http://www.chemweek.com/sections/top_of_the_week/Reliance-Sabic-to-use-US-ethane-at-India-UK-crackers_63502.html
August 29, 2014
LyondellBasell Industries plans to build a world-scale propylene oxide (PO)–tert-butyl alcohol (TBA) plant on the Texas Gulf Coast, with start-up planned for 2019. PO from the...
http://www.chemweek.com/sections/top_of_the_week/LyondellBasell-plans-world-scale-propylene-oxide-tert-butyl-alcohol-plant-for-Texas-Gulf-Coast_63503.html
August 15, 2014
Commodity producers in North America have turned in mixed second-quarter results that show the effects of production outages and price pressures. Huntsman reports net income of $119...
http://www.chemweek.com/sections/top_of_the_week/Pricing-and-outages-shape-commodity-earnings_63216.html
August 15, 2014
Platform Specialty Products (Miami), formed by the acquisition of specialty chemical maker MacDermid, has agreed to acquire crop protection chemicals maker Agriphar (Ougree, Belgium)...
http://www.chemweek.com/sections/top_of_the_week/Platform-Specialty-acquires-European-crop-protection-chemicals-maker-Agriphar-for-$400-million_63217.html
August 1, 2014
Most commodity and diversified chemical makers have turned in solid results for the second quarter, the combined result of improving demand and productivity gains. Dow Chemical reports...
http://www.chemweek.com/sections/top_of_the_week/Commodity-diversified-makers-report-a-solid-second-quarter_62858.html
August 1, 2014
Westlake Chemical Partners (Houston) began its initial public offering of 11.25 million common units on 30 July, listing shares on the New York Stock Exchange as WLKP. The company, a...
http://www.chemweek.com/sections/top_of_the_week/Westlake-launches-$270-million-IPO-of-ethylene-MLP_62859.html
July 18, 2014
Albemarle has reached an agreement to acquire Rockwood Holdings, a leading producer of lithium and surface treatment chemicals, for $6.2 billion in cash and stock in a bid to recharge revenue and earnings growth....
http://www.chemweek.com/sections/top_of_the_week/Albemarle-to-buy-Rockwood-Holdings-for-$6-2-billion_62562.html
July 10, 2014
The chemical industry in Germany is starting to feel the wind in its sails, chemical trade association VCI (Frankfurt) said at a press conference today. Domestic production of...
http://www.chemweek.com/sections/top_of_the_week/German-chemical-industry-feels-tail-wind-first-half-output-up-3-percent_62366.html
July 10, 2014
The German chemical industry is in favor of the transatlantic trade and investment partnership (TTIP), currently being negotiated between the European Union and the United States, says...
http://www.chemweek.com/sections/top_of_the_week/VCIs-Kley-Germanys-chemical-industry-in-favor-of-TTIP_62395.html
July 7, 2014
Ineos will acquire BASF’s 50% stake in Styrolution (Frankfurt), a joint venture between the companies, for €1.10 billion ($1.47 billion), the companies have announced. The shareholders’ agreement, signed in 2011, includes a call option favoring Ineos purchasing BASF’s stake in the jv, the companies say....
http://www.chemweek.com/sections/top_of_the_week/Ineos-to-acquire-BASFs-50-percent-stake-in-Styrolution-for-&euro1-10-billion_62290.html
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