IHS Chemical Week
MARKETS

Patheon to acquire API manufacturer IRIX Pharmaceuticals

Patheon (Durham, NC), a provider of drug development and delivery solutions to the pharmaceutical and biopharma sectors, says that it has reached a definitive agreement to acquire IRIX Pharmaceuticals (Florence, SC), a company that specializes in difficult to...

Europe benzene spot price gains boosted by US prices

Benzene spot prices have gained more than $100/m.t. in Europe in one week, prompted primarily by a push-up on price in the US market. The increase in spot prices has led some players to speculate that the troublesome length in Europe, which drove prices lower...


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Basic Chemicals

Celanese raises acetic acid prices in China and rest of Asia

Celanese has raised its acetic acid prices in China and the rest of Asia, effective 3 March, the company says. Celanese cites a "recent rapid increase and continued volatility in global methanol prices." The price hikes are 100 renminbi/m.t...

Petrochemicals

Rennovia, Johnson Matthey to co-develop and manufacture catalysts for biobased adipic acid process

Rennovia (Santa Clara, CA) and Johnson Matthey have entered into a joint agreement for the co-development and manufacture of catalysts to be used in the scale-up and commercialization of Rennovia’s process for the production of biobased glucaric acid...

Inorganic Chemicals

Incitec Pivot to Offtake Entire Urea Output From Perdaman Project

Incitec Pivot (Melbourne), a leading global nitrogen-based chemicals producer, has signed an agreement with Perdaman Chemicals and Fertilizers (Perth, Australia) to offtake the entire output of urea from Perdaman's previously announced Collie urea plant in...

Plastics

Ineos to integrate Ineos ABS, Styrolution in the Americas by year-end

Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....

Specialty Chemicals

Henkel's adhesives sales, profit up on growth in emerging markets

Henkel says that operating profit in the company's adhesive technologies business unit increased to €314 million in the fourth quarter of 2014, from €259 million in the year-earlier period, on sales up 4.3% year-on-year, to €2.06 billion. The...

Fine Chemicals/Biotech

Pharma company buys Lockheed Martin's Newtown, PA site

KVK-Tech (Newtown, PA), a leading developer, manufacturer, and marketer of specialty pharmaceuticals, says it has entered into an agreement to purchase Lockheed Martin’s Newtown, PA facility. KVK, under the terms of the agreement will acquire the...

Industrial Gases

Linde to Acquire Sri Lankan Gases Firm

Linde says it has offered to acquire all the shares in privately-held Ceylon Oxygen (Colombo, Sri Lanka), and that the offer has been accepted by the major shareholder, Europium, in respect of 95.4% of the shares in Ceylon Oxygen. Ceylon Oxygen, which was...











 
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