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September 14, 2012
M&G Group says it has bought land in Corpus Christi, TX, to build a previously announced 1-million m.t./year polyethylene terephthalate (PET) plant and an accompanying 1.2-million...
http://www.chemweek.com/sections/top_of_the_week/M-and-G-Advances-Plans-for-World-Scale-PETPTA-Facility-at-Corpus-Christi-TX_46243.html
August 31, 2012
Rockwood Holdings says it has agreed to acquire Talison Lithium (Perth, Australia) for about C$724 million ($730 million). Talison shareholders will receive C$6.50/share, a 53% premium...
http://www.chemweek.com/sections/top_of_the_week/Rockwood-to-Buy-Australian-Lithium-Producer-for-$730-Million_45967.html
August 31, 2012
Private equity firm The Carlyle Group (Washington) has agreed to purchase DuPont’s performance coatings unit, a leading supplier of automotive and industrial coatings, for $4.9...
http://www.chemweek.com/sections/top_of_the_week/DuPont-Sells-Auto-Coatings-to-Carlyle-for-$5-15-Billion_45968.html
August 17, 2012
DSM has agreed to acquire animal nutrition firm Tortuga Companhia Zootécnica Agrária (São Paulo) for a total enterprise value of about €465 million ($574...
http://www.chemweek.com/sections/top_of_the_week/DSM-to-Buy-Animal-Nutrition-Firm-in-Brazil_45693.html
August 17, 2012
Economic uncertainty driven by the crisis and recession in Europe tarnished second-quarter results for late-reporting chemical companies. While most companies remained profitable...
http://www.chemweek.com/sections/top_of_the_week/Uncertainty-Dampens-Late-Reporters-Results_45694.html
August 3, 2012
Recessionary conditions in Europe and moderating growth in China sent second-quarter earnings reports sharply lower for many companies. Executives expect conditions to remain...
http://www.chemweek.com/sections/top_of_the_week/Diversified-Earnings-Reflect-Growing-Headwinds_45412.html
August 3, 2012
BASF reported a 15.5% decrease in second-quarter 2012 net profits compared with the year-ago period, to €1.2 billion ($1.5 billion) on sales up 5.5% year-on-year, to €19.5...
http://www.chemweek.com/sections/top_of_the_week/BASF-Reports-Lower-Earnings-Maintains-Full-Year-Outlook_45413.html
July 20, 2012
Olin says it will acquire caustic soda distributor and bleach maker K.A. Steel (Lemont, IL) for $328 million in cash. K.A. Steel is one of the largest distributors of caustic soda in...
http://www.chemweek.com/sections/top_of_the_week/Olin-Buys-KA-Steel-for-$328-Million_45067.html
July 20, 2012
PPG Industries has agreed to merge its commodity chemicals business with Georgia Gulf in a deal valued at $2.1 billion. The deal calls for PPG’s commodity business to be...
http://www.chemweek.com/sections/top_of_the_week/PPG-to-Merge-Commodity-Chemicals-with-Georgia-Gulf_45068.html
July 11, 2012
Bayer CropScience says it has agreed to acquire biopesticide firm AgraQuest (Davis, CA) for €340 million ($425 million), plus milestone payments. Bayer says the deal will enable...
http://www.chemweek.com/sections/top_of_the_week/Bayer-to-Buy-Biopesticides-Maker-AgraQuest-for-$425-Million_44689.html
July 6, 2012
Reitzle: Taking the next big step. Linde has entered into a definitive agreement to acquire Lincare Holdings (Clearwater, FL), a home health-care company, for about $4.6 billion. Linde...
http://www.chemweek.com/sections/top_of_the_week/Linde-to-Acquire-Homecare-Firm-Lincare-for-$4-6-Billion_44690.html
June 22, 2012
The owners of Evonik Industries have postponed indefinitely plans for an initial public offering (IPO) for the company. Majority shareholder RAG Foundation (Essen, Germany) cites...
http://www.chemweek.com/sections/top_of_the_week/Evonik-IPO-Shelved-for-the-Third-Time_44403.html
June 15, 2012
Growing economic uncertainty, falling energy and chemical prices, and indications of weakening demand have producers recalibrating second-half expectations as sharp drops in energy and...
http://www.chemweek.com/sections/top_of_the_week/Demand-and-Price-Weakness-Weigh-on-Sentiment_44205.html
June 15, 2012
Rohr: Methanol returns to U.S. Celanese says it will build a methanol production facility at its Clear Lake, TX acetyls complex. “The positive developments in the U.S. energy...
http://www.chemweek.com/sections/top_of_the_week/Celanese-to-Build-Methanol-Plant-at-Clear-Lake-TX_44206.html
June 1, 2012
The U.S. Senate and House of Representatives have approved separate bills that would revise FDA’s ability to oversee certain provisions related to pharmaceutical ingredients and...
http://www.chemweek.com/sections/top_of_the_week/House-and-Senate-Approve-FDA-Reform-Bill_43920.html
May 18, 2012
Eramo: Asian demand will drive global growth. The state of the global petrochemical industry and strategies for chemical markets in Asia topped discussion at the Asia Petrochemical...
http://www.chemweek.com/sections/top_of_the_week/APIC-2012-A-Positive-Outlook-For-Asias-Petchem-Industry_43562.html
May 18, 2012
Albemarle says it will exit the phosphorous flame retardants business, and will shut related capacity at its Avonmouth, UK and Nanjing, China sites. The affected business had annual...
http://www.chemweek.com/sections/top_of_the_week/Albemarle-to-Exit-Phosphorous-Flame-Retardants_43561.html
April 27, 2012
First-quarter earnings reports at diversified, commodity, and industrial gases firms showed mixed results, as increasing stability in U.S. markets and industrial segments were offset...
http://www.chemweek.com/sections/top_of_the_week/Diversified-Earnings-Mixed-Trends-Signal-Improvement_43042.html
April 20, 2012
Early first-quarter results were positive with raw material cost inflation was more than offset by rising volumes and selling prices. DuPont and Albemarle beat analysts’...
http://www.chemweek.com/sections/top_of_the_week/Price-Increases-Offset-Higher-Costs-in-Early-Earnings-Reports_42836.html
April 20, 2012
Fleming: Acquisition immediately accretive. Cytec Industries has reached a deal to acquire Umeco (Leamington Spa, U.K.), a maker of advanced composite materials for industrial and...
http://www.chemweek.com/sections/top_of_the_week/Cytec-to-Acquire-Composites-Maker-Umeco-for-$439-Million_42837.html
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