IHS Chemical Week
COMPANIES

BioConsortia opens new headquarters and R&D center

11:52 AM MDT | August 28, 2014 | Lindsay Frost

BioConsortia (Davis, CA), a biotech company focused on microbials for the increase of crop yields, announced it has opened its new company headquarters and research and development (R&D) laboratories at Davis. The R&D labs were designed containing...


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Dow names investor relations v.p. as head of olefins and aromatics

Dow Chemical announced says that Doug May, currently v.p./investor relations, will become business president of the company’s olefins and aromatics business unit. Jack Broodo will succeed May as v.p./investor relations. Broodo currently serves as...

Momentive Performance Materials moves closer to Chapter 11 exit

Silicones and quartz producer Momentive Performance Materials (MPM) says the US Bankruptcy Court for the Southern District of New York is likely to confirm the company’s reorganization plan once changes are made to the interest rate paid to bondholders...

Israel Chemicals reviewing bromine operations, to close magnesium plant

The board of directors of Israel Chemicals (ICL; Tel Aviv) has instructed the management of the Bromine Compounds Co. to develop and implement a plan to improve the profitability of this operation. Bromine compounds form part of ICL’s industrial...

Linde completes major construction on La Porte ASU

Linde says it has completed installation of three coldboxes—the centerpiece of the air separation unit (ASU) currently under construction at La Porte, TX. The ASU is part of an over $250 million investment to build an ASU, gasification train and...

ADM opens new headquarters at Chicago

Archer Daniels Midland (ADM; Chicago) announced it has opened its global headquarters and customer center at Chicago. ADM has relocated its corporate headquarters from Decatur, IL. “As we continue to grow our company, this location allows us to...

GlyEco to name new board members

GlyEco (Phoenix), a company that collects and recycles waste glycols, says it plans to appoint two new directors to its board at the company’s annual meeting at the end of October. The new board members will fill vacancies created by the resignations of...

ACC: CAB inches up over July

ACC today released its monthly chemical activity barometer (CAB), showing moderate growth over July. Measured on a three-month moving average basis, the CAB increased 0.2% over July, a deceleration from the 0.4% gain in July. Though the pace of growth has...

Chemtura's industrial engineered products head steps down

Chemtura announced today that, effective 5 September, Anne Noonan will resign as senior v.p./industrial engineered products in order to pursue another opportunity. The company has begun searching for executive to lead the segment.but, in the interim, the...

Westlake boosts dividend by 31%

Westlake Chemical (Houston) says its board of directors has declared a dividend of 16.5 cts/share, an increase of 31% over the 12.6 cts/share paid during the second quarter of 2014....

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