Industry News

  • Arizona Chemical to Purchase Abieta Chemie

    November 7, 2008
    Arizona Chemical has reached an agreement to purchase Abieta Chemie, a leading European rosin upgrading company, from private funds managed by AUCTUS Management GmbH&Co KG equity firm. The deal is expected to close after regulatory clearances hav…


  • Velsicol Chemical Business Re-Branded as Genovique Specialties Corporation

    November 7, 2008
    Effective immediately, the Plastic Additives, Benzoic Acid & Derivatives Business of Velsicol Chemical Corporation will be known as Genovique Specialties Corporation.      “The Plastic Additives, Benzoic Acid and Derivativ…


  • Eastman Chemical Appoints Univar Canada

    November 7, 2008
    Univar Specialties announced that Eastman Chemical Company has appointed Univar Canada Ltd. as its exclusive distributor for their domestic and imported LTL hydrocarbon resin business. This change was effective Sept. 1, 2008.      Un…


  • Univar Sells Specialized Packaging Business to EMCO

    November 7, 2008
    Univar, a world leader in chemical distribution, has sold its Mozel packaging business and facility in Columbia, IL, to EMCO Chemical Distributors, Inc.      Mozel provides quality, custom packaging and blending of chemical raw mater…


  • Cognis Enjoys Sales Growth in 1H 2008

    October 10, 2008
    In the first six months of 2008, Cognis increased the net sales of its core businesses by 7 percent to €1.533 billion compared with the same period in 2007. On an organic basis, sales grew by 12 percent. All three strategic business units that f…


  • Cytec Announces Price Increases on Amino Resins In North, South America

    October 10, 2008
    Cytec Industries Inc. announced price increases for its Cymel, Melmac, Beckamine and Uformite amino resins on all shipments in North and South America on or after Sept. 15, 2008, or as contracts allow.      The price increases by pro…


  • Matan Digital Printers Appoints PriscoDigital

    October 10, 2008
    Printers’ Service (Prisco) announced that PriscoDigital has been appointed North American distributor for Matan super wide format digital printers.      “It stands to reason that when the best printer support services on…


  • Dow Exploring Divestiture Options

    October 10, 2008
    The Dow Chemical Company announced it is exploring divestiture options for its Clear Lake Operations acrylic acid and esters and UCAR Emulsion Systems specialty latex business in North America. Dow has engaged J.P. Morgan to act as financial adviser…


  • Membrana Completes Manufacturing Expansion

    September 11, 2008
    As part of the overall expansion of its Charlotte facility, Membrana, a membrane and device manufacturer, announced the completion of its manufacturing expansion. This strategic expansion will increase the production capacity of hollow fiber membrane…


  • Sartomer Introduces Web-Based Overview

    September 11, 2008
    Sartomer Company announced that a complete interactive corporate overview is now available online at www.sartomer.com/CorporateOverview/index.htm and can be downloaded as a PDF.       This web-based presentation includes inform…


  • Merck Announces Price Increase for Specialty Chemical Products

    September 11, 2008
    Merck KGaA announced that as of Sept. 1, 2008, it will raise the prices of its specialty chemical products by 5 to 15 percent worldwide.      Owing to the sharp increase in the costs of raw materials, energy and logistic services, Me…


  • Cognis Announces Increases for Bisomer, Photomer

    September 11, 2008
    Effective Sept. 1, 2008, or as provided by individual contracts, Cognis Corporation announced a 5 to 12 percent price increase for its Photomer  and Bisomer range of UV/EB cure products.  …


  • Wacker Raises Prices for Silicones

    September 11, 2008
    Wacker is raising its prices for silicone products worldwide effective Oct.1, 2008. Prices will rise by up to 10 percent or more, depending on the product family. The reason for this step is the continued increase in raw material, energy and logistic…


  • Silberline Announces Energy Surcharge

    September 11, 2008
    Due to unprecedented increases in costs precipitated by record energy prices, Silberline must add an energy surcharge of $0.20/pound to all invoices beginning Sept. 15, 2008.      This action is necessary to recover partially the cos…


  • Cray Valley Lifts Sales Control For Norsolene Resins

    September 11, 2008
    Cray Valley announced it was lifting sales control on its Norsolene A series and S series hydrocarbon resins manufactured in its Channelview, TX, facility, effective immediately. The sales control was placed on the product in late May, affecting only…