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January 11, 2013
EPA Administrator Lisa Jackson announced on 28 December that she will leave the agency after President Obama’s State of the Union address later this month. Jackson says she is...
http://www.chemweek.com/sections/top_of_the_week/Jackson-steps-down-as-EPA-administrator-choice-of-successor-seen-as-clue-to-policy-direction-in-Obamas-second-term_48881.html
January 11, 2013
Siadat: To build on the strong technology base. Clariant has signed an agreement to sell its textile chemicals, paper specialties, and emulsions businesses to private investment firm...
http://www.chemweek.com/sections/top_of_the_week/SK-Capital-to-acquire-three-businesses-from-Clariant_48882.html
December 20, 2012
Bunch: PPG gains second position in deco coatings. PPG Industries says it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel...
http://www.chemweek.com/sections/top_of_the_week/PPG-acquires-North-American-Akzos-architectural-coatings_48584.html
December 14, 2012
DuPont says it expects 2012 earnings to be at the high end of a previous guidance of $3.25–3.30/share. The company forecasts “2013 earnings to grow low- to mid-single...
http://www.chemweek.com/sections/top_of_the_week/DuPont-maintains-2012-outlook-growth-next-year-diluted-by-TiO2_48347.html
December 14, 2012
Sasol says it will proceed with the front-end engineering and design (FEED) of its previously announced integrated gas-to-liquids (GTL) and ethane cracker at Lake Charles, LA. Total...
http://www.chemweek.com/sections/top_of_the_week/Sasol-advances-Louisiana-cracker-and-GTL-projects_48348.html
November 30, 2012
Shareholders of Cookson Group (London) have approved the company’s plans to separate its performance materials division from its engineered ceramics and precious metals...
http://www.chemweek.com/sections/top_of_the_week/Cookson-to-demerge-performance-materials-division_48048.html
November 30, 2012
Al Mady: Flexibility and responsiveness are key. Speakers at the 7th Gulf Petrochemicals and Chemicals Association (GPCA) annual forum, held in late November in Dubai, addressed a...
http://www.chemweek.com/sections/top_of_the_week/GPCA-2012-Feedstock-scarcity-clouds-outlook_48049.html
November 16, 2012
Following several quarters of sharply lower financial results, Ferro announced last week that James Kirsch stepped down as president and CEO and resigned his position as chairman and...
http://www.chemweek.com/sections/top_of_the_week/Ferro-CEO-leaves-abruptly_47758.html
November 16, 2012
Sherwin-Williams (SW) has signed a definitive agreement to acquire Consorcio Comex (Comex), a Mexico City–based paints and coatings firm, for $2.34 billion, including debt. The...
http://www.chemweek.com/sections/top_of_the_week/Sherwin-Williams-to-acquire-Mexican-paint-maker-Comex_47759.html
November 11, 2012
Chemical industry leaders are hoping that President Obama’s reelection allows lawmakers to set aside partisan disputes and address economic and industry priorities....
http://www.chemweek.com/sections/top_of_the_week/Industry-assesses-prospects-for-second-Obama-term_47602.html
November 9, 2012
Gulf Oil Corporation (Hyderabad, India) has agreed to buy specialty chemical manufacturer Houghton International (Valley Forge, PA) from private equity firm AEA Investors (New York)...
http://www.chemweek.com/sections/top_of_the_week/Indias-Gulf-Oil-to-buy-Houghton-International-for-$1-05-billion_47601.html
October 12, 2012
Eramo: Cheap gas is creating wave of investment. The geographic balance of demand in the global petrochemical market will continue to shift from Western Europe and North America to...
http://www.chemweek.com/sections/top_of_the_week/EPCA-2012-Demand-shifts-east-as-capacity-heads-west_46936.html
October 5, 2012
BASF has announced plans to restructure its construction chemicals business in Europe, citing declining markets, particularly in southern Europe and the UK. The planned measures will...
http://www.chemweek.com/sections/top_of_the_week/BASF-to-restructure-construction-chemicals-in-Europe_46756.html
October 5, 2012
Crotty: Filling North Sea gas supply gap. Ineos says it will source ethane from the US for import into Europe via the Sunoco Logistics (Sinking Spring, PA) Mariner East...
http://www.chemweek.com/sections/top_of_the_week/Ineos-to-import-US-ethane-to-feed-two-European-crackers_46757.html
September 21, 2012
Heitmann: Smart capex best option to create value. Lanxess last week set a mid-term target Ebitda of €1.8 billion ($2.3 billion) for 2018, an increase of 36% from 2011 levels...
http://www.chemweek.com/sections/top_of_the_week/Lanxess-Sets-2018-Ebitda-Target-of-&euro1-8-Billion_46438.html
September 21, 2012
BASF says it plans to acquire biological seed treatment maker Becker Underwood (Ames, IA) from Norwest Equity Partners for €785 million ($1.02 billion). Becker is expected to have...
http://www.chemweek.com/sections/top_of_the_week/BASF-Acquires-Seed-Treatment-Firm-Becker-Underwood-for-$1-2-Billion_46439.html
September 14, 2012
China’s chemical industry remains strong, despite weakness in the country’s economy, and for the period January–July 2012, output was worth Rmb6.9 trillion ($1.1 trillion)...
http://www.chemweek.com/sections/top_of_the_week/Outlook-for-China-is-Strong-Despite-Recent-Weakness_46244.html
September 14, 2012
M&G Group says it has bought land in Corpus Christi, TX, to build a previously announced 1-million m.t./year polyethylene terephthalate (PET) plant and an accompanying 1.2-million...
http://www.chemweek.com/sections/top_of_the_week/M-and-G-Advances-Plans-for-World-Scale-PETPTA-Facility-at-Corpus-Christi-TX_46243.html
August 31, 2012
Rockwood Holdings says it has agreed to acquire Talison Lithium (Perth, Australia) for about C$724 million ($730 million). Talison shareholders will receive C$6.50/share, a 53% premium...
http://www.chemweek.com/sections/top_of_the_week/Rockwood-to-Buy-Australian-Lithium-Producer-for-$730-Million_45967.html
August 31, 2012
Private equity firm The Carlyle Group (Washington) has agreed to purchase DuPont’s performance coatings unit, a leading supplier of automotive and industrial coatings, for $4.9...
http://www.chemweek.com/sections/top_of_the_week/DuPont-Sells-Auto-Coatings-to-Carlyle-for-$5-15-Billion_45968.html
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