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March 30, 2015
JA Mitsui Leasing (JAML, Tokyo) and The Norinchukin Bank (Tokyo) will acquire a 50% stake in Mitsui Rail Capital (MRC, Chicago, Illionois), a wholly owned subsidiary of Mitsui &...
http://www.chemweek.com/home/top_of_the_news/Japanese-firm-and-bank-to-buy-50-percent-stake-in-US-railcar-business_69006.html
March 30, 2015
Canpotex (Saskatoon, SK), the potash export cartel representing Agrium, Mosaic, and PotashCorp, said today that it has finalized potash supply contracts for 2015 with all of its major...
http://www.chemweek.com/home/top_of_the_news/Canpotex-reaches-agreement-with-Chinese-potash-customers_69013.html
March 30, 2015
Investment firm Fidelity (Boston) has stepped in to urge a solution to the proxy battle between DuPont and activist hedge fund Trian Fund Management (New York), according to a Reuters...
http://www.chemweek.com/home/top_of_the_news/Report-Fidelity-stepping-in-to-resolve-DuPont-proxy-fight_69015.html
March 30, 2015
Kazakhstan Potash Corp. (KPC; Melbourne), a minerals exploration company listed on the Australian Stock Exchange and controlled by Chinese businessmen, announced today that its...
http://www.chemweek.com/home/top_of_the_news/Kazakhstan-Potash-Corp-signs-EPC-agreement-with-Chinese-construction-company_69010.html
March 30, 2015
Kuraray said today that it will dissolve its glass laminating solutions (GLS) division as part of organizational changes slated to be implemented as of 1 July. The company says it is...
http://www.chemweek.com/home/top_of_the_news/Kuraray-consolidates-units-after-acquiring-PVB-film-business_69009.html
March 30, 2015
Bayer MaterialScience announced today that it has transferred its New Zealand business to local Alchemy Agencies. The move follows Alchemy successfully bidding for distribution rights...
http://www.chemweek.com/home/top_of_the_news/Bayer-transfers-its-New-Zealand-MaterialScience-business-to-local-distributor_69008.html
March 30, 2015
Svein Tore Holsether. Yara International (Oslo) says that its board of directors has appointed Svein Tore Holsether as the company's new president and CEO, effective within 1 October...
http://www.chemweek.com/home/top_of_the_news/Yara-appoints-new-CEO_69005.html
March 30, 2015
KBR said on Friday that it has signed a joint venture agreement with the State Oil Company of Azerbaijan Republic (Socar; Baku) to establish a new engineering and support services...
http://www.chemweek.com/home/top_of_the_news/KBR-forms-engineering-joint-venture-with-Socar-in-Azerbaijan_69001.html
March 30, 2015
Saudi International Petrochemical Co. (Sipchem) said today that it will, on 1 April and after testing, begin commercial operations at the ethylene vinyl acetate (EVA) and low-density...
http://www.chemweek.com/home/top_of_the_news/Sipchem-to-start-commercially-producing-EVA-and-LDPE_68999.html
March 29, 2015
Saudi Kayan, a Sabic affiliate, says it has completed the maintenance as well as repairs to its olefins plant at Al Jubail and on 26 March has resumed operations at the complex. The...
http://www.chemweek.com/home/top_of_the_news/Saudi-Kayan-resumes-production-following-maintenance-and-repairs_68998.html
March 29, 2015
Sadara, a joint venture between Saudi Aramco and Dow Chemical, has announced that a fire broke out in one of the cooling towers under construction at the Sadara  project site at...
http://www.chemweek.com/home/top_of_the_news/Sadara-reports-fire-at-one-of-the-cooling-towers_68997.html
March 29, 2015
Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) today announced the appointment of Rashed Saud Al Shamsi as new chairman. Al Shamsi, formerly vice chairman of GPCA...
http://www.chemweek.com/home/top_of_the_news/GPCA-appoints-Adnocs-director-of-petrochemicals-as-new-chairman_68996.html
March 27, 2015
BASF said today that Mario Mehren, member of the board of executive directors of Wintershall (Kassel, Germany) responsible for exploration & production/Russia, North Africa and...
http://www.chemweek.com/home/top_of_the_news/BASF-appoints-new-president-of-oil-and-gas-and-Wintershall-subsidiary_68995.html
March 27, 2015
Dow Chemical has definitively agreed to merge most of its chlor-alkali and downstream derivatives business with Olin in a transaction that values the business at $5 billion. The terms...
http://www.chemweek.com/home/top_of_the_news/Dow-to-merge-chlor-alkali-and-derivatives-with-Olin-in-deal-valued-at-$5-billion_68979.html
March 27, 2015
PetroChina’s refining and chemicals business segment recorded an operating loss of 23.6 billion renminbi ($3.79 billion) in 2014 compared with an operating loss of Rmb24.4...
http://www.chemweek.com/home/top_of_the_news/PetroChinas-chemicals-business-loss-narrows_68982.html
March 27, 2015
Asahi Kasei Chemicals said today that, through its Asahi Kasei Plastics North America subsidiary, it will establish a plastics compounding subsidiary in Mexico. The company, as part of...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-to-set-up-plastics-compounding-subsidiary-in-Mexico_68977.html
March 27, 2015
Haldor Topsoe and construction and engineering firm Ferrostaal (Essen, Germany) today announced their establishment of Ferrostaal Topsoe Projects (Essen), an equally owned joint...
http://www.chemweek.com/home/top_of_the_news/Haldor-Topsoe-and-Ferrostaal-form-joint-venture_68976.html
March 27, 2015
Shiseido (Tokyo), a leading cosmetics player, said today that it will establish a new research facility at Yokohama, Japan. On 26 March, the city granted Shiseido permission to acquire...
http://www.chemweek.com/home/top_of_the_news/Shiseido-to-set-up-innovation-center-at-Yokohama_68975.html
March 27, 2015
Chevron announced today that its wholly owned global energy subsidiary has entered into an underwriting agreement for the sale of its 50% stake in Caltex Australia (CAL). The company...
http://www.chemweek.com/home/top_of_the_news/Chevron-to-sell-stake-in-Caltex-Australia_68974.html
March 27, 2015
Chemical company Grupa Azoty (Tarnów, Poland) says that it will invest 1.7 billion zlotych ($452.1 million) to build a propane dehydrogenation (PDH) plant near its existing...
http://www.chemweek.com/home/top_of_the_news/Grupa-Azoty-to-invest-$450-million-to-build-PDH-plant-in-Poland_68973.html
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