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July 14, 2008
Dow Chemical has agreed to buy Rohm and Haas (R&H) for $18.8 billion, a deal that Dow says marks “a defining step in our transformational strategy.” Dow will pay...
http://www.chemweek.com/sections/top_of_the_week/Dow-to-Buy-Rohm-and-Haas-for-$18-8-Billion_12957.html
July 14, 2008
BASF has reconfirmed its previously announced growth outlook for 2008, despite signs of weakening growth in the chemical industry. “Assuming there are no changes to BASF’s...
http://www.chemweek.com/sections/top_of_the_week/BASF-Expects-Higher-2008-Sales-Lowers-Industry-Forecast_12958.html
July 1, 2008
Dow Chemical will temporarily idle production at a number of manufacturing plants in North America and Europe and raise selling prices by up to an additional 25% to restore margins...
http://www.chemweek.com/sections/top_of_the_week/Dow-Idles-Several-Plants-Raises-Prices-a-Further-25-percent_12731.html
July 1, 2008
Qatar Petroleum (QP; Doha), Shell China, and PetroChina say they have signed a letter of intent (LOI) to “commence joint preliminary studies to assess the viability of building a...
http://www.chemweek.com/sections/top_of_the_week/PetroChina-Qatar-Petroleum-and-Shell-Plan-China-JV_12732.html
June 23, 2008
Hexion Specialty Chemicals sued Huntsman Corp. last week seeking to end its agreement to purchase the company for $10.6 billion. The capital structure of the deal “is no longer...
http://www.chemweek.com/sections/top_of_the_week/Hexion-Sues-Huntsman-in-Bid-to-Halt-Acquisition_12592.html
June 23, 2008
Kemira says it will spin off its Tikkurila coatings business during the first half of 2009 and focus on its water treatment and fiber businesses. Tikkurila will be owned by...
http://www.chemweek.com/sections/top_of_the_week/Kemira-to-Spin-Off-Coatings-Unit-and-Reorganize_12593.html
June 17, 2008
Private equity firm CVC Capital Partners (London) says it has agreed to acquire a 25% stake in Evonik Industries for €2.4 billion ($3.7 billion). CVC and RAG Foundation (Essen...
http://www.chemweek.com/sections/top_of_the_week/CVC-Wins-Bidding-War-for-Evonik-Stake-IPO-Planned-by-2013_12460.html
June 17, 2008
The European Commission has fined three groups of companies a combined €79.07 million ($124 million) for conspiring to fix the price of sodium chlorate between 1994 and 2000. The...
http://www.chemweek.com/sections/top_of_the_week/Brussels-Fines-Companies-for-Fixing-Sodium-Chlorate-Prices_12461.html
May 30, 2008
The push comes as producers scramble to adjust to surging oil and feedstock costs that show no sign of moderating and push through new highs on a regular basis....
http://www.chemweek.com/sections/top_of_the_week/Producers-Eye-Big-Price-Increases-as-Energy-Costs-Surge_12226.html
May 27, 2008
Kemira and Rockwood Holdings say they have agreed to combine their respective specialty titanium dioxide (TiO2) businesses and the functional additives business owned by Rockwood into...
http://www.chemweek.com/sections/top_of_the_week/Kemira-and-Rockwood-Merge-TiO2-Businesses_12090.html
May 27, 2008
Legislation introduced last week would make chemical manufacturers, instead of EPA, responsible for proving the safety of chemicals and require manufacturers to provide minimum test...
http://www.chemweek.com/sections/top_of_the_week/Bill-Aims-to-Overhaul-U-S-Chemical-Policy_12091.html
May 20, 2008
DuPont and Danisco’s Genencor unit have formed a 50-50 joint venture to commercialize low-cost technology for cellulosic ethanol production. The companies say the venture, called...
http://www.chemweek.com/sections/top_of_the_week/DuPont-Genencor-Form-JV-to-Produce-Cellulosic-Ethanol_11968.html
May 20, 2008
U.S. lawmakers passed a comprehensive farm bill at CW presstime that scales back tax credits for corn-based ethanol and offers a tax incentive of approximately $1/gal for cellulosic...
http://www.chemweek.com/sections/top_of_the_week/Congress-Passes-Veto-Proof-Farm-Bill_11969.html
May 14, 2008
DuPont and Genencor, a division of Danisco, have formed a 50-50 joint venture to commercialize low-cost technology for cellulosic ethanol. The companies say the jv, DuPont Danisco...
http://www.chemweek.com/sections/top_of_the_week/DuPont-Genencor-Form-JV-to-Produce-Cellulosic-Ethanol_11899.html
May 7, 2008
Higher volumes and selling prices helped boost first-quarter earnings at some basic and diversified chemical firms, while other producers were unable to offset significant increases in...
http://www.chemweek.com/sections/top_of_the_week/Earnings-Are-Mixed-at-Basic-and-Diversified-Chemical-Firms_11744.html
May 7, 2008
Wal-Mart’s (Bentonville, AR) preferred chemicals program will focus on developing a hazard screening tool to analyze products for damage to humans and/or the environment, but the...
http://www.chemweek.com/sections/top_of_the_week/Wal-Mart-Modifies-Preferred-Chemicals-Program_11745.html
April 29, 2008
Wal-Mart, CVS, and other major retailers recently announced they will stop selling baby bottles and other products made with bisphenol-A (BPA). The retailers’ decisions follows...
http://www.chemweek.com/sections/top_of_the_week/Retailers-Target-Products-Containing-Bisphenol-A_11599.html
April 29, 2008
BASF reported first-quarter net income up 13%, to about €1.2 billion ($1.89 billion), on sales up 9%, to €15.9 billion, led by strong growth in the plastics, and oil and gas...
http://www.chemweek.com/sections/top_of_the_week/Plastics-and-Oil-Drive-BASFs-Results-Agchems-Boost-Bayer_11600.html
April 18, 2008
Emerging countries’ rapid population growth and higher living standards combined with rising biofuel demand is creating a fertile market for producers of agricultural inputs...
http://www.chemweek.com/sections/top_of_the_week/Fertilizer-Pesticide-and-Seed-Firms-Ride-Global-Ag-Boom_11446.html
April 8, 2008
Biotech firm Verenium (Cambridge, MA) says it has opened a next-generation cellulosic ethanol demonstration plant at Jennings, LA. Unlike standard biofuel technology the new facility...
http://www.chemweek.com/sections/top_of_the_week/Verenium-Starts-Up-Pilot-for-Cellulosic-Ethanol_11302.html
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