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November 12, 2010
Ashland has agreed to sell its distribution business to private equity firm TPG Capital (Fort Worth, TX) for $930 million. “The sale completes a major step in our multi-year...
http://www.chemweek.com/sections/top_of_the_week/Sale-of-Distribution-Takes-Ashland-to-Its-Specialties-Core_30925.html
October 29, 2010
Basic and diversified chemical companies posted big profit gains in the quarter ended September 30, and most beat the consensus of analysts’ estimates as reported by Thomson One (New...
http://www.chemweek.com/sections/top_of_the_week/Margin-Growth-Helps-Diversified-Firms-Beat-Estimates_30587.html
October 15, 2010
LyondellBasell says shares of its common stock began trading on the New York Stock Exchange (NYSE) on October 14. Class A ordinary shares will trade under the symbol LYB and Class B...
http://www.chemweek.com/sections/top_of_the_week/LyondellBasell-Lists-on-New-York-Stock-Exchange_30229.html
October 15, 2010
Chevron Phillips Chemical (CPChem) says it will build a 200,000-m.t./year linear alpha olefins (LAO) plant at its Cedar Bayou complex in Baytown, TX. The 1-hexene plant is expected to...
http://www.chemweek.com/sections/top_of_the_week/CPChem-to-Build-U-S-LAO-Unit-CEO-Departs-to-ConocoPhillips_30230.html
October 11, 2010
AZ Electronic Materials (Luxembourg) is planning an initial public offering (IPO) worth at least $400 million on the London Stock Exchange, the company announced earlier this month...
http://www.chemweek.com/sections/top_of_the_week/AZ-Electronic-Materials-Plans-IPO_30036.html
October 8, 2010
A European Food Safety Authority (EFSA; Brussels) advisory panel has concluded there is no scientific data to support revising its Tolerable Daily Intake (TDI) level for bisphenol A...
http://www.chemweek.com/sections/top_of_the_week/European-Authorities-Reject-Bid-to-Revise-BPA-Standards_30037.html
September 24, 2010
Evonik Industries says it has decided to divest its carbon black business. The company announced last July that it was considering options for the business including divestment. Evonik...
http://www.chemweek.com/sections/top_of_the_week/Evonik-to-Divest-Its-Carbon-Black-Business_29769.html
September 24, 2010
PotashCorp has filed suit to block BHP Billiton’s $38.6-billion hostile takeover bid, claiming the Australian mining firm’s offer is “built upon false and misleading statements...
http://www.chemweek.com/sections/top_of_the_week/PotashCorp-Sues-to-Block-BHP-Billitons-Takeover-Bid_29770.html
September 17, 2010
Private equity firm Apollo Management (New York) says it is merging Momentive Performance Materials and Hexion to create one of the world’s largest specialty chemicals and...
http://www.chemweek.com/sections/top_of_the_week/Apollo-to-Merge-Momentive-and-Hexion_29593.html
September 17, 2010
Eastman Chemical has raised its third-quarter and full-year 2010 earnings estimates on improved selling prices and strong sales volumes that outpaced normal seasonal patterns...
http://www.chemweek.com/sections/top_of_the_week/Eastman-Raises-Third-Quarter-Earnings-Estimates_29594.html
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