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August 22, 2014
Reliance Industries (Mumbai) told the Bombay Stock Exchange today that it will source 1.5 million m.t./year of ethane from the United States to feed its crackers in India. The company...
http://www.chemweek.com/home/top_of_the_news/Reliance-Industries-to-import-US-ethane-to-feed-its-crackers-in-India_63317.html
August 22, 2014
ACC’s v.p./regulatory and technical affairs, Michael Walls, today testified at a Senate Environment and Public Works Committee minority briefing at Lake Charles, LA, regarding...
http://www.chemweek.com/home/top_of_the_news/ACC-testifies-to-Senate-against-EPAs-call-for-stricter-ozone-standards_63354.html
August 22, 2014
ACC today released its global chemical regional production index (CPRI), showing a 0.1% rise on a three-month moving average (3MMA) basis in July—indicating that growth remained...
http://www.chemweek.com/home/top_of_the_news/ACCs-global-chemical-production-index-inches-up_63356.html
August 22, 2014
Siegfried (Zofingen, Switzerland) reports a 1.6% rise in net profits for the first six months of 2014 compared with the year-ago period, to 18.8 million Swiss francs ($20.5 million)...
http://www.chemweek.com/home/top_of_the_news/Siegfried-reports-a-slight-increase-in-profits_63355.html
August 22, 2014
Axalta, the former automotive coatings business of DuPont, has filed with the US Securities and Exchange Commission (SEC; Washington) for an initial public offering....
http://www.chemweek.com/home/top_of_the_news/Carlyles-Axalta-files-for-IPO_63347.html
August 22, 2014
China CAMS Engineering, (Beijing), a subsidiary of China National Machinery Industry Corp., has been awarded a contract to build a petrochemical complex for Navoiazot (Navoi...
http://www.chemweek.com/home/top_of_the_news/Chinese-engineering-firm-awarded-PVC-plant-contract-in-Uzbekistan_63350.html
August 22, 2014
Resin Trade (Burton on Trent, UK), a polymer distribution company, has selected polyethylene (PE) bag manufacturer Duo UK to be the first UK-based company to produce mailing bags using...
http://www.chemweek.com/home/top_of_the_news/Duo-UK-to-produce-mailing-bags-using-Braskems-Green-PE_63349.html
August 22, 2014
Petróleos Mexicanos (Pemex; Mexico City), Mexico's national oil company, says that it has begun corporate restructuring in response to the recently announced energy reform...
http://www.chemweek.com/home/top_of_the_news/Mexicos-energy-reform-leads-Pemex-to-restructure-operations_63348.html
August 21, 2014
Petronas (Kuala Lumpur) has announced more contract awards for its $16 billion Refinery and Petrochemical Integrated Development (Rapid) project at Pengerang, Johor State, Malaysia...
http://www.chemweek.com/home/top_of_the_news/Petronas-awards-more-Rapid-contracts-Toyo-Engineering-gets-cracker_63185.html
August 21, 2014
OxyChem has successfully started up a new $49.5-million hydrochloric acid unit at its Niagara Falls, NY, chlor-alkali facility....
http://www.chemweek.com/home/top_of_the_news/OxyChem-starts-up-$49-5-million-hydrochloric-acid-unit-at-Niagara-Falls_63334.html
August 21, 2014
The Federation of Thai Industries (FTI; Bangkok) is seeking soft loans from the government to help establish a bioplastics industry in Thailand. The FTI is meeting with the Finance...
http://www.chemweek.com/home/top_of_the_news/NatureWorks-seeking-soft-loans-to-establish-bioplastics-industry-in-Thailand_63331.html
August 21, 2014
PhosAgro (Moscow), a fertilizer major, today reported net profit increased 70% in the first six months of the year, to 8.1 billion Russian rubles ($231 million), on 6% higher sales of...
http://www.chemweek.com/home/top_of_the_news/PhosAgro-results-benefit-from-strong-global-fertilizer-demand_63330.html
August 21, 2014
Vale (Rio de Janeiro) is progressing with plans to develop the Kronau potash mine in Canada. The company has awarded an engineering services contract to WorleyParsons for the project...
http://www.chemweek.com/home/top_of_the_news/Vale-progresses-potash-project-in-Canada-awards-contract-to-WorleyParsons_63329.html
August 21, 2014
Lenzing today reported Ebitda declined 29%, to €91.1 million ($121.9 million), in the first six months of 2014 on 9.1% lower sales of €900.0 million. Ebitda margin declined...
http://www.chemweek.com/home/top_of_the_news/Lenzing-reports-lower-sales-and-earnings-speeds-up-savings-plan_63328.html
August 21, 2014
PKN Orlen, Poland’s largest petrochemicals player, today announced that it will built an on-purpose propylene production facility at its Plock manufacturing complex. The company...
http://www.chemweek.com/home/top_of_the_news/PKN-Orlen-builds-on-purpose-propylene-plant-in-Poland_63332.html
August 21, 2014
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), has announced that, after comprehensively assessing phase two of the investment currently under way, the...
http://www.chemweek.com/home/top_of_the_news/Rabigh-II-project-to-merge-with-Petro-Rabigh_62947.html
August 20, 2014
Vopak posted a 15% fall in net profit for the first half of 2014 compared with the corresponding period of last year, to €138 million, on flat sales of €647 million. Ebitda...
http://www.chemweek.com/home/top_of_the_news/Strong-euro-dents-Vopaks-profits_63314.html
August 20, 2014
Uralchem (Moscow), a leading producer of nitrogen and phosphate fertilizers, has acquired a controlling stake in SIA Ventamonjaks, the largest liquid ammonia transhipment terminal in...
http://www.chemweek.com/home/top_of_the_news/Uralchem-subsidiary-acquires-Ventamonjaks_63310.html
August 20, 2014
Siluria Technologies (San Francisco) announced today that Saudi Aramco's venture investment subsidiary has become an equity investor in Siluria, a pioneer in commercial...
http://www.chemweek.com/home/top_of_the_news/Aramco-becomes-equity-investor-in-technology-firm-Siluria-studying-project_63313.html
August 20, 2014
Potash and magnesium products producer K+S (Kassel, Germany) has announced the extension of the contract of Norbert Steiner, chairman, until May 2017. His contract was scheduled to...
http://www.chemweek.com/home/top_of_the_news/K+S-reduces-size-of-executive-board-extends-contracts-of-chairman-and-CFO_63309.html
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