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Chemical Industry Update

Solvay acquires Ryton polyphenylene sulfide business

Global chemical company Solvay has completed the acquisition of the Ryton® PPS (polyphenylene sulphide) business from U.S.-based Chevron Phillips Chemical Company for $220 million.
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Lubrizol closes acquisition of Warwick Chemicals, Weatherford businesses

Chemicals company The Lubrizol Corporation has completed two acquisitions within the space of one week, expanding its home care operations and creating a new business segment in the field of oilfield solutions.
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Asia-Pacific set to remain biggest chlor-alkali market

A new report puts the value of the global chlor-alkali market at $70.4 billion in 2014 and estimates that it will reach $93.9 billion by 2019.
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Eastman Chemical acquires specialty chemical company Taminco for $2.8 billion

Kingsport, Tennessee-based Eastman Chemical Co. has completed its buyout of specialty chemicals company Taminco Corp. for $2.8 billion and $1 billion in assumed debt.
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INEOS, Sasol form joint venture to manufacture high-density polyethylene

South African-based energy and chemical company Sasol has agreed to form a joint venture with INEOS Olefins & Polymers USA to manufacture high-density polyethylene (HDPE) in the U.S.
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US chemical producers see competitive advantage ebb away as oil prices fall

Drivers in the United States are benefiting from falling gas prices, but the current low oil prices are not good news for everyone.
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Lubrizol announces Warwick Chemicals acquisition, Mitsui Chemicals alliance

Specialty chemicals company The Lubrizol Corporation is to expand its home care product line by acquiring Warwick Chemicals.
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Dow to sell ANGUS Chemical to private equity firm

ANGUS specializes in the manufacture of nitroalkanes and their derivatives, which are added to products in a wide range of industries including paints and coatings, life sciences and biopharma, metalworking, personal care, pharmaceuticals, water treatment and oil and gas.
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Research aims to improve data on human exposure to chemicals

Safety data is lacking for many chemicals that are already in widespread use. But new research aims to help fill in the gaps in our knowledge about whether these substances cause health problems.
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Sales rankings of global chemical firms show rise of China, Middle East

Chinese and Middle East firms are climbing the annual sales ranking of global chemical companies compiled by IHS ChemicalWeek.
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