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January 20, 2012
Chao: Westlake seeks #2 position in PVC. Westlake Chemical has made an unsolicited $1.1-billion bid for rival vinyls maker Georgia Gulf. The $30/share all-cash offer was 22% above...
http://www.chemweek.com/sections/top_of_the_week/Westlake-Makes-$1-1-billion-Unsolicited-Bid-for-Georgia-Gulf_40622.html
January 9, 2012
Earnings growth is expected to slow for U.S. chemical makers in 2012 while still remaining positive overall, according to Wall Street analysts. Deutsche Bank (New York) expects...
http://www.chemweek.com/sections/top_of_the_week/Chemical-Earnings-Growth-Expected-to-Slow-in-2012_40231.html
January 6, 2012
H.B. Fuller has agreed to purchase Forbo Group’s (Zurich) global industrial adhesives business for CHF370 million ($394 million), a deal that boosts Fuller’s position in China and...
http://www.chemweek.com/sections/top_of_the_week/Fuller-Acquires-Forbos-Industrial-Adhesives-Business_40232.html
December 16, 2011
Al Sadoun: Mideast growth at 6.6%/year. Mideast producers are shifting strategies, as feedstock slates become heavier and companies strive to develop downstream manufacturing...
http://www.chemweek.com/sections/top_of_the_week/Downstream-Development-Tops-Agenda-at-GPCA-Forum_39841.html
December 9, 2011
Sasol says it is studying a world-scale ethane-based cracker and downstream derivative units at its Lake Charles, LA site, the latest investment in North America’s widening cost...
http://www.chemweek.com/sections/top_of_the_week/Sasol-Plans-$4-5-Billion-Ethane-Cracker-in-Louisiana_39654.html
November 26, 2011
PTT Global Chemical (Bangkok) has reached an agreement to acquire a 51% stake in Perstorp’s isocynates business for €114.8 million ($154 million). The business will become a joint...
http://www.chemweek.com/sections/top_of_the_week/PTT-Global-Chemical-and-Perstorp-Form-Isocyanates-JV_39324.html
November 26, 2011
Takken: Staying with vinyl products. Arkema plans to offload its money-losing vinyl products business to private equity firm Klesch Group (Geneva), which specializes in the development...
http://www.chemweek.com/sections/top_of_the_week/Arkema-Offloads-Chlor-Alkali-PVC-Unit-to-Private-Equity-Firm_39325.html
November 18, 2011
Celanese chairman and CEO David Weidman has announced plans to retire on April 2, 2012, and will be succeeded by Albemarle executive chairman Mark Rohr. “This wasn’t an easy...
http://www.chemweek.com/sections/top_of_the_week/Celanese-Taps-Albemarles-Rohr-to-Replace-Weidman-as-CEO_39167.html
November 18, 2011
Ashland has reached separate deals to sell its and aviation and refrigerant lubricants business and polyvinyl acetate (PVA) emulsions unit. Combined revenues from both businesses were...
http://www.chemweek.com/sections/top_of_the_week/Ashland-to-Sell-Synlubes-Emulsions-Product-Lines-to-Separate-Buyers_39170.html
November 4, 2011
Huntsman: No signs of 'double dip.' Gallogly: Advantaged U.S. position. Basic and diversified chemical makers posted stronger earnings as higher pricing kept margins healthy, despite...
http://www.chemweek.com/sections/top_of_the_week/Strong-Prices-Lead-Third-Quarter-Earnings-Higher_38860.html
October 14, 2011
AL Falih: 'A game changer' for Saudi Arabia's petrochemical industry. Saudi Aramco and Dow Chemical have signed a shareholders’ agreement for their previously announced Sadara...
http://www.chemweek.com/sections/top_of_the_week/Aramco-Dow-Sign-Sadara-Shareholders-Agreement_38353.html
October 7, 2011
Liveris: Maintaining financial targets. Dow Chemical says it expects to meet previously projected financial targets and earnings estimates, including plans to deliver $10 billion in...
http://www.chemweek.com/sections/top_of_the_week/Dow-Chemical-Reaffirms-Earnings-Targets_38129.html
September 26, 2011
Sasol says it plans a project to build an integrated U.S. gas-to-liquids (GTL) and chemicals complex, its first GTL investment in the U.S. The company says it will conduct a...
http://www.chemweek.com/sections/top_of_the_week/Sasol-Plans-GTL-Chemicals-Project-for-Lake-Charles_37856.html
September 12, 2011
European Commission vice president Antonio Tajani and Cefic president Georgio Squinzi jointly opened a four-day exhibition earlier this month within the commission’s headquarters...
http://www.chemweek.com/sections/top_of_the_week/European-Commission-and-Cefic-Strengthen-Relations_37484.html
September 9, 2011
Crotty: Actively seeking investments. Yu: Aiming to expand regional sales. A growing number of chemical industry leaders seek new investment opportunities in China as the...
http://www.chemweek.com/sections/top_of_the_week/CW-Conference-China-Is-a-Hot-Target-for-Chemical-Projects_37485.html
August 29, 2011
Marcinowski: A fast-growing market. Fadigas: Benefits for the whole chain. BASF has confirmed plans announced earlier this year to invest in a world-scale acrylic acid, butyl acrylate...
http://www.chemweek.com/sections/top_of_the_week/BASF-to-Build-Acrylic-Acid-and-SAP-Complex-in-Brazil_37173.html
August 29, 2011
Prevost: Cash could fund acquisitions. Cabot has agreed to sell its Supermetals unit, primarily a maker of tantalum and alloys, to Global Advanced Metals (GAM; Perth, Australia) for...
http://www.chemweek.com/sections/top_of_the_week/Cabot-Sells-Tantalum-Business-for-$400-Million_37172.html
August 22, 2011
Producers are keeping a sharp eye on order patterns but say there have been no signs of deterioration despite the sharp falls in stock prices and economic turmoil. The CW 75 stock...
http://www.chemweek.com/sections/top_of_the_week/Chemical-Makers-Shrug-Off-Market-Turmoil-So-Far_37031.html
August 8, 2011
Second-quarter profits at U.S. basic and diversified chemical firms benefited from demand growth and higher selling prices, which in most cases were enough to offset rising raw...
http://www.chemweek.com/sections/top_of_the_week/Earnings-Mostly-Beat-Analyst-Estimates-at-Diversified-Firms_36713.html
July 22, 2011
Saudi Aramco and Dow Chemical, partners in a previously announced multibillion-dollar petrochemicals joint venture in Saudi Arabia, are expected to announce the go-ahead for the...
http://www.chemweek.com/sections/top_of_the_week/Approval-for-Aramco-Dow-Petchems-JV-Expected-Soon-IPO-Planned_36347.html
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