IHS Chemical Week
CHEMWEEK'S LAB

Dow confirms plans to sell Angus, sodium borohydride, and AgroFresh...

2:44 PM MDT | October 3, 2014

Dow Chemical expects to have buyers for the Angus Chemical Company, sodium borohydride, and AgroFresh businesses by the end of the year, confirming earlier reports that it would divest those businesses. Dow says it is on track to meet its goal of divesting...


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Platform to acquire Arysta for $3.5 billion

Platform Specialty Products (Miami) has agreed to acquire Arysta LifeScience, a maker of pesticides and biological products, from private equity firm Permira for approximately $3.51 billion. Platform was formed by the acquisition of specialty chemical maker MacDermid for $1.8 billion last year by an investment vehicle founded by Jarden executive chairman Martin Franklin....

DuPont names executive v.p.'s, chief innovation offier to retire

DuPont has named James Collins and Matthew Trerotola as executive v.p.'s  and members of the company’s office of the chief executive, effective 1 December. The company has also announced that Thomas Connelly, executive v.p. and chief innovation officer, will retire at year end....

Lower crude prices won't cut off ethylene margins at the peak, Dow says

The sharp drop in crude oil prices has increased near-term volatility, but will not stop ethylene margins from marching toward a peak over the next two years, say Dow officials....

Total appoints head of refining and chemicals as its new CEO

Total today named Patrick Pouyanné CEO, following the death of Christophe de Margerie, chairman and CEO, in a plane crash at Moscow airport earlier this week. Pouyanné was until today president of refining and chemicals, and a...

Honeywell performance materials profit up 8%

Honeywell says that third-quarter performance materials and technologies segment profit was $444 million, up 8% year-on-year....

CF and Yara end merger talks

“Although we identified very significant operational and structural synergies, we were ultimately unable to agree on terms of a transaction that met the requirements of all our respective shareholders,” says Tony Will, CF president and CEO....

Cytec net income jumps 22%

The company cut full-year guidance, citing weakness in aerospace and additives....

PPG reports adjusted earnings up 17%

PPG Industries today reported stronger third-quarter net income, with growth across most business segments and regions. Net income of $377 million grew 84% year-on-year (YOY) on sales up 4% YOY, to $3.9 billion. Adjusted earnings per share of $2.82/share were above analyst estimates of $2.75/share, as reported by Thomson Reuters (New York). Adjusted net income, excluding nonrecurring items, was $394 million, up 17% YOY....

Private equity firm plans world-scale North Dakota polyethylene complex

Badlands NGL, a private equity firm, plans to build a $4-billion, 1.5-million m.t./year polyethylene complex in North Dakota....

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