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August 8, 2014
Exports of chemicals from the U.S. rose 3.2% in June to $16.7 billion, while imports were down 2.4% to $16.4 billion, according to data from the latest Weekly Chemistry and Economic Report from the American...
August 7, 2014
Borealis AG (Vienna, Austria: has announced the signing of an agreement with DuPont Holding Netherlands B.V. to purchase the company's 67% shareholding in Speciality Polymers Antwerp N.V. Speciality Polymers Antwerp N.V., located in Zwijndrecht (Antwerp, Belgium) is a joint venture (JV) between DuPont...
August 5, 2014
Yara International ASA (Oslo, Norway; has entered into an agreement to acquire a 60% stake in Galvani Indústria, Comércio e Serviços S/A, for an enterprise value of $318 million. Galvani is an independent, privately held fertilizer company, controlled by Rodolfo Galvani Jr., a Brazilian entrepreneur. The company is engaged in phosphate mining, Single Super Phosphate (SSP)...
August 5, 2014
Genomatica (San Diego, Calif.; has announced that major nylon intermediates — including hexamethylenediamine, caprolactam and adipic acid (HMD, CPL and ADA, respectively) — are the focus of its third publicly-disclosed development program. Genomatica is developing complete process technologies for the biobased production of these intermediates, which it will then license to...
August 5, 2014
Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; has signed a definitive agreement to acquire polyvinyl chloride (PVC) specialist Vestolit GmbH (Marl, Germany; from Strategic Value Partners LLC, acting on behalf of its managed funds and accounts. The acquisition of Vestolit - one of the leading producers of PVC-Specialties in Europe...
August 4, 2014
As part of its procurement policy for strategic raw materials, Arkema (Colombes, France; has reached an agreement for the supply of propylene with Enterprise Products Partners L.P., a leading U.S. midstream Energy Company. Taking advantage of the development of...
August 4, 2014
Ashland Inc.’s (Covington, Ky.; Ashland Specialty Ingredients commercial unit has announced that it plans to expand capacity at its Natrosol hydroxyethylcellulose (HEC) production facility in Nanjing by 4,000 metric tons...
August 1, 2014
Hangzhou Hangding Nylon Tech. Co. and Uhde Inventa-Fischer GmbH (Berlin, Germany; have successfully commissioned a plant for the production of high-performance polyamide 6 for textile grade applications. The plant is located in the Economic Technical Development Area of Hangzhou City in Zhejiang Province, P.R. China and...
August 1, 2014
Borealis AG (Vienna, Aurstia: announces the divestment of its Biosuper business in France. The Biosuper brand, a phosphate-based dryer used in animal stables, and the related production equipment will be transferred to the new owner, Eliard SPCP, during the third quarter of 2014. This transaction will free up storage space for Borealis’ fertilizer products at its warehouse in...
August 1, 2014
Outotec Oyj (Espoo, Finland;, a global minerals and metals processing service and technology provider, has openedf its Western U.S. office in Denver, Colorado. Outotec's Canada based North America Market Area president, Marcus Horn, oversees the facilities now located in the heart of the Rocky Mountains. "Denver was a sensible choice for us and for our customers," says Marcus...
August 1, 2014
Ashland Inc. (Covington, Ky.; finalized the sale of its water technologies business, Ashland Water Technologies. Going forward, Ashland Water Technologies will operate under the new name Solenis (Wilmington, Del.; The name change coincides with the acquisition of Ashland Water Technologies by a fund managed by private investment firm Clayton, Dubilier & Rice...
July 31, 2014
Solvay S.A. (Brussels, Belgium; has signed a binding agreement to sell its sulfuric acid virgin production and regeneration business Eco Services to affiliates of CCMP Capital Advisors, LLC.   “The divestment of Eco Services is another step in...$890-million_12055.html
July 31, 2014
Showa Denko K.K. (SDK; Tokyo, Japan; has decided to acquire a high-purity chlorine business in Taiwan, in order to strengthen its special-material gas business. Taiwan Showa Chemicals Manufacturing Co. (TSCM), a subsidiary of SDK, has come to a general agreement with Air Products San Fu Co., Ltd. (APSF), a subsidiary of Air Products and Chemicals Inc., to acquire...
July 31, 2014
Mitsubishi Rayon Co. (MRC; Tokyo, Japan; has executed a share sales and purchase agreement by which MRC will acquire 51% of Wethje Holding GmbH, a German company engaged in manufacturing of carbon-fiber reinforced plastic (CFRP) parts for automobile applications, with Cross Industries AG, the parent company of...
July 30, 2014
Aveva (Cambridge, U.K.; has launched AVEVA Information Standards Manager (AVEVA ISM), a software product that enables both EPC (engineering, procurement, construction) contractors and asset owner operators to achieve greater control over critical engineering information across their projects and enterprises. It does this by rationalizing existing class libraries and imposing consistent...
July 30, 2014
AkzoNobel (Amsterdam, the Netherlands; has partnered with the Solar Energy Research Institute of Singapore (Seris) at the National University of Singapore in order to explore less costly ways of producing high-efficiency silicon-wafer solar cells. AkzoNobel's High Purity Metalorganics (HPMO) business supplies electronic materials to the semiconductor and solar industries. Together...
July 30, 2014
ABB (Zurich, Switzerland; has announced that it is collaborating with Renewable Algal Energy, LLC (RAE; Johnson City, Tenn.; on the commercialization of integrated algal production systems that will produce algaeā€based products for the nutraceutical, animal nutrition, and renewable fuels markets. The OEM systems were developed and tested at RAE’s facility in Tuscon...
July 29, 2014
M&G Chemicals (Luxembourg; has announced that its wholly owned subsidiary M&G International S.à.r.l has entered into a  joint venture (JV) with Anhui Guozhen Co.   The JV company, called Anhui M&G Guozhen Green Refinery Co., will employ PROESA...
July 28, 2014
Outotec Oyj (Espoo, Finland; has purchased the assets of Kalogeo Anlagenbau GmbH (Leobersdorf, Austria) after the company became insolvent. Kalogeo has provided solutions for biomass, sludge and wastewater treatment and designed, built and operated several mid-size thermal sludge-treatment plants based on fluidized-bed technology. The transaction will not impact Outotec's financial...
July 28, 2014
Arkema (Colombes, France; has announced the start-up of its new plant for the production of methyl acrylate, an acrylic acid derivative used in the manufacture of polymers for water treatment, elastomers and engineering polymers. This investment, on its Clear Lake site in Texas...
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