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October 5, 2012
Crotty: Filling North Sea gas supply gap. Ineos says it will source ethane from the US for import into Europe via the Sunoco Logistics (Sinking Spring, PA) Mariner East...
http://www.chemweek.com/sections/top_of_the_week/Ineos-to-import-US-ethane-to-feed-two-European-crackers_46757.html
September 21, 2012
Heitmann: Smart capex best option to create value. Lanxess last week set a mid-term target Ebitda of €1.8 billion ($2.3 billion) for 2018, an increase of 36% from 2011 levels...
http://www.chemweek.com/sections/top_of_the_week/Lanxess-Sets-2018-Ebitda-Target-of-&euro1-8-Billion_46438.html
September 21, 2012
BASF says it plans to acquire biological seed treatment maker Becker Underwood (Ames, IA) from Norwest Equity Partners for €785 million ($1.02 billion). Becker is expected to have...
http://www.chemweek.com/sections/top_of_the_week/BASF-Acquires-Seed-Treatment-Firm-Becker-Underwood-for-$1-2-Billion_46439.html
September 14, 2012
China’s chemical industry remains strong, despite weakness in the country’s economy, and for the period January–July 2012, output was worth Rmb6.9 trillion ($1.1 trillion)...
http://www.chemweek.com/sections/top_of_the_week/Outlook-for-China-is-Strong-Despite-Recent-Weakness_46244.html
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
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