Eastman and Solvay are currently equal partners in the joint venture. The transaction allows Eastman to eliminate costs associated with the excess cellulose acetate flake capacity of the joint venture.
By this expansion, the company will increase its capacity by approximately 100,000 metric tons per year, bringing the total production capacity for methionine to approximately 250,000 metric tons per year, including existing facilities. The new facil
Empire Petroleum Partners announced today that it successfully acquired the wholesale distribution rights of Keeman Petroleum Company
Bayer executives recently met with executives of Monsanto to privately discuss a negotiated acquisition of Monsanto Company.
RPM International announced that its Carboline Company subsidiary acquired the remaining 51% interest in its Chinese joint venture
Dow Corning says that Andrew (Andy) E. Tometich has been named business president of Dow Corning’s Silicones business
PETRONAS has recorded a group pre-tax profit of RM6.8 billion for the quarter that ended 31 March 2016, 60 per cent lower than the RM17.0 billion posted in the corresponding quarter of 2015.
AkzoNobel has completed phase one of the €2.5 million expansion of its performance coatings plant in Cikarang, Indonesia.
Chemours reached mechanical completion of the line in December 2015.
Bostik has once again broken new ground in the disposable hygiene market.
Oxea has announced the appointment of Salim Al Huthaili as the new Chief Executive Officer of the company.
LyondellBasell has been honored with the Circle of Distinction Award from the National MS Society for raising a total of $1.4 million to help people living with multiple sclerosis.
Honeywell has announced its intention to spin off its resins and chemicals business into a standalone, publicly-traded company named AdvanSix.
Switzerland-based fragrance and flavour company Firmenich has appointed Satish Rao as Chairman and Managing Director of Firmenich India, effective July 4, 2016.
The newly formed company (the Group) will be owned equally by funds managed by Black Diamond Capital Management (Black Diamond) and Investindustrial.
Jacobs Engineering Group announced today that it was awarded a contract to provide engineering services for the expansion of Mitsubishi’s polyester film plant in Greenville County, South Carolina.
Bayer and BioNTech have entered into an agreement to develop novel, first-in-class mRNA vaccines and therapeutics specifically for Animal Health applications.
Dai Houliang has been named the new President, Director and Vice Party Chief of Sinopec Group. It was announced at the Sinopec senior executives' meeting on May 9.
Air Products has signed a definitive agreement to sell the Performance Materials Division (PMD) of its Materials Technologies segment to Evonik Industries for $3.8 billion in cash.
Maroon Group has acquired U.S. Chemicals, a national distributor of specialty chemicals based in Darien, Connecticut.
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