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June 25, 2010
AkzoNobel says it has agreed to sell its National Starch (Bridgewater, NJ) business to Corn Products International (Westchester, IL) for $1.3 billion in cash. The buyer will also...
http://www.chemweek.com/sections/top_of_the_week/Corn-Products-Acquires-National-Starch-from-Akzonobel_27651.html
June 25, 2010
BASF has agreed to acquire Cognis from its private equity owners in a deal valued at €3.1 billion ($3.8 billion). BASF continues the shift of its portfolio downstream toward...
http://www.chemweek.com/sections/top_of_the_week/BASF-to-Acquire-Cognis-for-3-1-Billion_27652.html
June 11, 2010
Leading industry executives gathered for ACC’s recent annual meeting in Colorado Springs, CO are more cheerful this year as demand and margin recovery continue to exceed...
http://www.chemweek.com/sections/top_of_the_week/Recovery-Lifts-Mood-at-ACC-Executive-Meeting_27386.html
June 11, 2010
Leading industry executives and ACC officials say BP’s Deepwater Horizon accident is likely to have an impact on industry’s reputation as well as environmental and energy debate...
http://www.chemweek.com/sections/top_of_the_week/BPs-Deepwater-Horizon-Accident-Deepens-Concerns-about-U-S-Domestic-Natural-Gas-Supply_27387.html
June 4, 2010
BASF has tapped CFO Kurt Bock to succeed Jürgen Hambrecht as chief executive and chairman of the company’s board of executive directors. Martin Brudermüller will become...
http://www.chemweek.com/sections/top_of_the_week/Bock-Named-Next-Chairman-of-BASF_27162.html
June 4, 2010
Monsanto says it will reset the strategy of its Roundup glyposate business, citing the market “upheaval” caused by a flood of generic glyphosate herbicides from China. Monsanto...
http://www.chemweek.com/sections/top_of_the_week/Monsanto-Lowers-Forecast-Announces-Roundup-Price-Cuts_27163.html
May 21, 2010
The European Commission says it is making progress with national regulators around the world to share best practices on chemicals regulation and promote conformity with the EU’s...
http://www.chemweek.com/sections/top_of_the_week/Europe-Calls-for-Global-Conformity-with-Reach_26938.html
May 20, 2010
EPA has issued a directive requiring BP to “identify and use a less toxic and more effective dispersant” to help break apart oil gushing from a broken BP well in the Gulf...
http://www.chemweek.com/sections/top_of_the_week/EPA-Pulls-Plug-On-Use-of-Nalco-Dispersant-in-BP-Cleanup_26937.html
May 14, 2010
Reliance Industries is expected to announce the go-ahead for a planned ethylene plant at Jamnagar, India, Kishor Jhalaria, president/olefins at Reliance tells CW. He was speaking on...
http://www.chemweek.com/sections/top_of_the_week/APIC-2010-Reliance-Advances-India-Cracker-Project_26761.html
April 30, 2010
Economic recovery led to higher volumes at basic and diversified chemical companies in the first quarter. Coupled with improved pricing and favorable currency exchange rates, profits...
http://www.chemweek.com/sections/top_of_the_week/Big-Profit-Gains-for-Diversified-Players-as-Demand-Improves_26453.html
April 23, 2010
Senator Frank Lautenberg (D., NJ) and Representative Bobby Rush (D., MI) have introduced bills aimed at reforming the U.S. Toxics Substances Control Act (TSCA). Both place the burden...
http://www.chemweek.com/sections/top_of_the_week/Scope-of-U-S-Toxics-Reform-Legislation-Concerns-Industry_26232.html
April 9, 2010
A previously announced multibillion-dollar petrochemical joint venture between Saudi Aramco and Dow Chemical is to be relocated from Ras Tanura to Al Jubail, Saudi Arabia to save...
http://www.chemweek.com/sections/top_of_the_week/Aramco-and-Dow-Relocate-Petchems-Project-to-Al-Jubail_25910.html
April 9, 2010
Monsanto’s net income fell 19% in its fiscal second quarter ended February 28, missing analysts estimates, and the company warned investors that its ambitious goal of doubling 2007...
http://www.chemweek.com/sections/top_of_the_week/Monsanto-Reports-Decline-in-Income-Revises-Profit-Goal_25911.html
March 26, 2010
Saudi Aramco and Dow Chemical, partners in the previously announced multibillion-dollar Ras Tanura Integrated Project (RTIP) in Saudi Arabia, have changed the configuration of some of...
http://www.chemweek.com/sections/top_of_the_week/Ras-Tanura-Configuration-Changes-Site-to-be-Switched_25604.html
March 12, 2010
Terra Industries says it has accepted CF Industries’ March 2, $47.40/share takeover offer, which values Terra at about $4.7 billion. Terra has informed Yara International (Oslo)...
http://www.chemweek.com/sections/top_of_the_week/CF-Industries-Gains-Upper-Hand-in-Bidding-War-for-Terra_25357.html
February 26, 2010
Airgas’ board has recommended that shareholders reject Air Products’ hostile offer to acquire Airgas. Air Products launched its hostile bid after Airgas rebuffed its unsolicited...
http://www.chemweek.com/sections/top_of_the_week/Airgas-Urges-Shareholders-to-Reject-Air-Products-Bid_25021.html
February 26, 2010
Yara International (Oslo), the biggest producer of nitrogen fertilizers, has agreed to buy Terra Industries for $4.1 billion in cash, just weeks after CF Industries abandoned a hostile...
http://www.chemweek.com/sections/top_of_the_week/Yara-International-to-Buy-Terra-Industries-for-$4-1-Billion_25022.html
February 12, 2010
Air Products commenced a $5.1-billion hostile bid to acquire Airgas last week after several private and public approaches were rejected....
http://www.chemweek.com/sections/top_of_the_week/Air-Products-Launches-Hostile-Bid-For-Airgas_24737.html
January 29, 2010
Volume growth and lower cost bases drove earnings at basic and diversified chemical firms upward in the final quarter of 2009. Continuing sluggishness in North America and Europe hurt...
http://www.chemweek.com/sections/top_of_the_week/Profit-Gains-are-Strong-at-Most-Diversified-Chemical-Firms_24459.html
January 22, 2010
The U.S. Department of Justice (DOJ) has stepped up its inquiry into Monsanto’s licensing practices amid a larger investigation into consolidation of the seeds industry and accusations of anti-competitive practices by the biotech giant. Separately, Monsanto scored a victory over its most vocal critic when a federal court ruled against DuPont in a patent infringement lawsuit challenging DuPont’s rights to stack Monsanto’s Roundup Ready (RR) trait with DuPont’s Optimum GAT trait....
http://www.chemweek.com/sections/top_of_the_week/Monsanto-Faces-DOJ-Inquiry-Wins-DuPont-Patent-Suit_24283.html
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