Industry News

  • 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…


  • Wacker Discontinues Pioloform Production

    September 11, 2008
    Wacker Chemie AG will discontinue the production of its Pioloform polymer binders effective Sept. 30, 2008, citing limited expectations for polyvinyl butyral growth in industrial applications such as coatings, paints and printing ink. At the same tim…


  • Ashland Inc. to Acquire Hercules

    August 11, 2008
    Ashland Inc. and Hercules Inc. have entered into a definitive merger agreement under which Ashland would acquire all of the outstanding shares of Hercules for $18.60 per share in cash and 0.093 of a share of Ashland common stock for each share of Her…


  • Cognis Sells Pulcra Chemicals Business

    August 11, 2008
    Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Fashion Chemicals GmbH & Co. KG for €26.3 million.      The sale is in line with Cognis’ strategy of focusing on its core businesses driven by…


  • Evonik Restructures Colorants Business

    August 11, 2008
    Evonik Industries AG’s Coatings & Additives Business Unit is reorganizing its colorants business to position itself early in the fiercely competitive international market. Under a matrix model, market responsibility will be exercised in the…


  • Dow Chemical to Buy Rohm and Haas

    August 11, 2008
    Rohm and Haas Company has entered into an agreement with the Dow Chemical Company, under which Dow will acquire all of the outstanding shares of Rohm and Haas common stock for $78 per share in cash or more than $15 billion. Under the terms of agreeme…


  • Sartomer Company Increases Monomer, Oligomer Prices

    July 16, 2008
    Sartomer Company will increase the price of its acrylate and methacrylate monomers and oligomers 6 percent to 12 percent in the Americas region, effective July 1, 2008. Increases will vary based on the product line.       The in…


  • Sun Chemical Performance Pigments To Increase Global Pigment Prices

    July 16, 2008
    Due to a dramatic spike in raw material, energy and transportation costs, Sun Chemical Corporation’s Performance Pigments Division will increase global pigment prices on average by 10 to 30 percent effective July 1.      &ldquo…