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AMERICAS

ExxonMobil Chemical president Pryor to retire in January

5:15 PM MST | November 21, 2014 | Robert Westervelt

ExxonMobil’s board is expected to name Neil Chapman, currently senior v.p./polymers, as Pryor’s successor, effective 1 January 2015....


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Dow Chemical, Third Point reach agreement on board seats

Dow Chemical and hedge fund Third Point (New York) have reached an agreement on the composition of Dow’s board, averting a potential proxy fight for at least one year....

IFF expands flavors presence in Indonesia and Chile

IFF announced today it is expanding its flavors business in Indonesia and Chile, with new facilities in both countries. In Indonesia, the company is doubling the size of an existing flavors creative center at Jakarta, to 1,500 square meters. The expansion was...

Commerce Dept. raises tariffs on steam-activated carbon from China

The US Dept. of Commerce has issued new tariffs on steam-activated carbon from China, says Calgon Carbon (Pittsburgh). The new tariffs, which range from 1.8 cts/lb to $1.10/lb, average 18 cts/lb, more than double the former average of 7 cts/lb, the company says....

NACD 2014: Reach for talent highlighted

The talent gap has been a widely discussed issue for the chemical manufacturer and distributor community alike, and progress in recruiting and retaining talent was highlighted at the NACD annual meeting, currently underway in Scottsdale, AZ. NACD announced...

NACD 2014: New board members, chairman named

NACD announced today at its annual meeting, currently underway in Scottsdale, AZ, that it has named Matthew Brainerd, vice chairman and president of Brainerd Chemical, the new chairman after current chairman Roger Harris retires from the position. Douglas...

Report: FMC mandates Bank of America and Goldman Sachs with sale of alkali chemicals unit

FMC Corp has sought out the services of Bank of American and Goldman Sachs to assist with the sale of its alkali chemicals unit, which could amount to $1.5 billion, according to a Reuters report. FMC confirmed the bank mandates to Reuters. The company...

NACD 2014: ACC, NACD agree to align Responsible Care and Responsible Distribution programs

ACC and NACD have renewed a memorandum of understanding (MOU) to better align their respective performance programs, including commitments to share best practices, systems and performance metrics. The groups announced the agreement at NACD’s annual...

Pequiven starts production at expanded fertilizer plant in Venezuela

Fertilizer production has begun at the expanded Petroquimica de Venezuela (Pequiven; Valencia, Venezuela) Hugo Chavez Petrochemical Complex—formerly known as Morón Petrochemical Complex—Petróleos de Venezuela (PDVSA; Caracas) has...

NACD 2014: Regulatory hurdles persist

After the recent US mid-term elections with Republicans once again taking control of the Senate, distributors and producers are holding out hope that the regulatory burden lessens and that legislation such as the Toxic Substances Control Act (TSCA) is pushed...

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