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November 13, 2013
The European Chemicals Agency (ECHA; Helsinki) says it has received seven applications for authorization for uses of bis(2-ethylhexyl)phthalate (DEHP) and dibutyl phthalate (DBP) under...
http://www.chemweek.com/sections/top_of_the_week/DEHP-DBP-authorization-under-Reach-ECHA-initiates-eight-week-public-consultation_56671.html
November 8, 2013
The European Commission has opened an in-depth investigation into plans by Solvay and Ineos to merge their chlorovinyls activities in Europe into a 50-50 joint venture. The commission...
http://www.chemweek.com/sections/top_of_the_week/Europe-to-probe-Ineos-Solvay-PVC-venture_56549.html
November 8, 2013
Third-quarter results at US basic and diversified firms continued to benefit from access to cost-advantaged feedstocks and stabilizing global economic growth. Certain segments remained...
http://www.chemweek.com/sections/top_of_the_week/Diversified-firms-post-gains-are-cautious-on-fourth-quarter_56550.html
October 25, 2013
DuPont announced on 24 October that it will spin off its performance chemicals segment to shareholders through a tax-free spin-off. The business includes titanium dioxide...
http://www.chemweek.com/sections/top_of_the_week/DuPont-to-spin-off-performance-chemicals_56206.html
October 25, 2013
Commodity and diversified chemical makers posted stronger third earnings as increased efficiency and cost savings offset subdued demand. Dow Chemical posted a nearly 20% gain in profit...
http://www.chemweek.com/sections/top_of_the_week/Gains-for-commodity-diversified-makers-despite-demand-slump_56207.html
October 17, 2013
Huntsman has reached a deal to acquire Rockwood’s titanium dioxide (TiO2) pigments business, as well as certain other businesses, for $1.33 billion, including assumed pension liabilities....
http://www.chemweek.com/sections/top_of_the_week/Huntsman-to-buy-Rockwoods-pigments-additives-businesses_55293.html
October 11, 2013
Oman Oil Co. (OOC; Muscat) has reached a deal to acquire Oxea (Oberhausen, Germany) from private equity owners Advent International (Boston). Financial details have not been disclosed...
http://www.chemweek.com/sections/top_of_the_week/Oman-Oil-Co-to-acquire-Oxea-from-Advent_55828.html
October 11, 2013
Europe’s petrochemical industry must undergo a fundamental shift in focus if it is to survive and prosper in an increasingly challenging and competitive global market, says Sabic CEO Mohamed Al Mady....
http://www.chemweek.com/sections/top_of_the_week/EPCA-2013-Europes-petchem-sector-must-refocus_55829.html
October 4, 2013
Wolfgang Büchele, Kemira’s president and CEO, has announced that he will resign from his current position to become the CEO of Linde, a German gases and engineering company...
http://www.chemweek.com/sections/top_of_the_week/Linde-Agrium-announce-management-changes_55664.html
October 4, 2013
Air Products has reached an agreement with its largest shareholder requiring the company to appoint new board members and immediately start the search for a new CEO....
http://www.chemweek.com/sections/top_of_the_week/Pershing-Square-forces-board-CEO-changes-at-Air-Products_55665.html
September 6, 2013
Total says it will permanently close its 340,000-m.t./year ethylene plant at Carling, France. The Carling steam cracker is expected to shut down in the second half of 2015. The...
http://www.chemweek.com/sections/top_of_the_week/Total-to-close-Carling-cracker-convert-site-to-polymer-hub_54985.html
September 6, 2013
Recent economic data indicate key economies are poised to pick up steam in the second half of 2013 and into 2014. Strong housing markets and consumer-driven production gains are set to...
http://www.chemweek.com/sections/top_of_the_week/US-economy-on-upswing-Europe-showing-signs-of-life_54986.html
August 23, 2013
Sasol says that its wholly owned Sasol Investment subsidiary entered into a definitive sale and share purchase agreement on 16 August, pursuant to which Main Street 1095 Ltd., a South...
http://www.chemweek.com/sections/top_of_the_week/Sasol-divests-stake-in-Iran-petrochemical-joint-venture_54656.html
August 9, 2013
The global outlook for potash was thrown into turmoil as one of two cartels that control most of the world’s potash exports collapsed at the end of July. Uralkali (Berezniki...
http://www.chemweek.com/sections/top_of_the_week/Collapse-of-European-cartel-roils-potash-markets_54364.html
August 9, 2013
PPG Industries has reached an agreement to divest its 51% stake in Transitions Optical, a global supplier of photochromic lenses, to Essilor International (Charenton-le-Pont, France), which currently holds a 49% stake in the joint venture. Essilor, a maker of ophthalmic lenses and optical equipment, will also enter into multiyear agreements with PPG for continuing supply of optical dyes and R&D services....
http://www.chemweek.com/sections/top_of_the_week/PPG-exits-Transitions-Optical-JV-to-receive-$1-73-billion_54365.html
July 26, 2013
Dow Chemical has agreed to sell its styrenics unit, Styron, to Bain Capital (Boston) for $1.63 billion. The sale is part of the company’s continuing efforts to mend its balance...
http://www.chemweek.com/sections/top_of_the_week/Dow-Sells-Styron-to-Bain-Capital-for-$1-63-Billion_25358.html
July 26, 2013
DuPont announced 23 July that it is exploring the sale or spin-off of its $7-billion/year performance chemicals unit as part of its transformation to a “higher growth, less cyclical company.”...
http://www.chemweek.com/sections/top_of_the_week/DuPont-exploring-sale-or-split-of-performance-chemicals-unit_53949.html
July 12, 2013
The board of Royal Dutch Shell has announced that Ben van Beurden will succeed Peter Voser as CEO, effective 1 January 2014....
http://www.chemweek.com/sections/top_of_the_week/Shell-names-former-chemicals-chief-van-Beurden-as-CEO_53543.html
July 12, 2013
The European Commission, member states of the European Union, and European industry are to invest more than €22 billion ($28 billion) in innovation over the next seven years....
http://www.chemweek.com/sections/top_of_the_week/EU-and-industry-join-forces-to-invest-$28-billion-in-innovation_53544.html
June 28, 2013
Industry groups, including ACC and American Fuels and Petrochemicals Manufacturers (AFPM; Washington), have issued mostly critical reactions to President Obama’s federal climate...
http://www.chemweek.com/sections/top_of_the_week/Industry-mostly-skeptical-of-Obama-climate-plan_53241.html
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