According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.7 percent in January, following a revised 0.9 percent gain in December.
Archer Daniels Midland Co., Decatur, IL, has promoted Gary Towne to the newly created role of President, Ethanol and Risk Management, in the company’s Corn business unit.
Lorama Inc., manufacturer of sustainable raw materials and color technology solutions for the coatings industry, has opened a new production and warehouse facility that will increase efficiency in manufacturing processes and enhance performance output.
Ted Meehan, Vice President of Sales for the Coatings Removers Division of Pico Chemical Corp., Chicago Heights, IL, recently recognized his 20-year anniversary with the company.
Eastman Chemical Co., Kingsport, TN, has signed a master agreement with the University of North Carolina at Chapel Hill to conduct research in chemistry and materials science.
Elementis Specialties Inc. has agreed to purchase the assets of Hi-Mar Specialty Chemicals, a U.S. coatings additives company, for a cash consideration of $33 million.
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