IHS Chemical Week

Regions :: North America :: U.S.

U.S. (11058)


PPG gains Mexican regulatory approval for Comex acquisition
Mexico’s Federal Economic Competition Commission (FECC) has approved PPG’s $2.3-billion acquisition of rival paint-maker Comex, clearing the way for the deal to close in the coming days. FECC – which nixed Sherwin-Williams’ proposed...

PDVSA, Hess agree to sell refinery-petchems site in US Virgin Islands
PDVSA (Caracas) and Hess Corp. (New York) have reached a tentative agreement to sell their 355,000- bbl/day Hovensa refinery at Saint Croix, US Virgin Islands, to Atlantic Basin Refining (ABR), according to a statement by the governor of the US Virgin...

NatureWorks awarded $2.5-million grant for biomethane-to-chemicals R&D collaboration
The US Energy Department’s Office of Energy Efficiency and Renewable Energy, Bioenergy Technologies has awarded a grant of up to $2.5 million to NatureWorks (Blair, NE) in support of an ongoing program that aims to sequester and use methane as a...

Rentech agrees to supply ammonia to Tessenderlo Kerley for new liquid fertilizer plant
Rentech Nitrogen (Los Angeles) has signed a long-term agreement with Tessenderlo Kerley Inc. (TKI; Phoenix), a Tessenderlo Group (Brussels) subsidiary, to supply TKI with ammonia produced at Rentech's East Dubuque, IL facility, Rentech announced. TKI will use...

Chemtura launches "Dutch auction" share buyback
Chemtura is launching a “Dutch auction” share buyback offer, with authorization to purchase up to $300 million in shares of common stock at $21.50-$24.50/share. The buyback expires on 1 December, at which point Chemtura will accept tender offers...

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