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September 12, 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...
September 12, 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....
August 28, 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....
August 28, 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...
August 14, 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...
August 14, 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)...
July 31, 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...
July 31, 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...
July 17, 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....
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...
July 9, 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...
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....
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