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April 20, 2015
ExxonMobil confirmed today that its Beaumont, TX, petrochemical complex has been successfully restarted after a fire on a propylene line that shut down the entire facility on 30 March...
http://www.chemweek.com/home/top_of_the_news/ExxonMobil-restarts-Beaumont-petchem-complex_69617.html
April 20, 2015
Yara International (Oslo) said today that, because of the worsening security outlook in Libya, the operating ability of its Lifeco joint venture plants are highly likely to keep...
http://www.chemweek.com/home/top_of_the_news/Yara-writes-down-Lifeco-investment-in-Libya_69601.html
April 20, 2015
Sanmar Group (Chennai, India) will invest $350 million to expand its chemical facility at Port Said, Egypt, the Egyptian embassy in New Delhi says. Plans include constructing a...
http://www.chemweek.com/home/top_of_the_news/Sanmar-to-build-PVC-plant-in-Egypt_69600.html
April 20, 2015
Sika’s board of directors is proposing that the company buy out the Burkhard-Schenker family’s 16.1% stake in Sika to thwart the proposed takeover by France’s...
http://www.chemweek.com/home/top_of_the_news/Sika-offers-to-buy-out-the-family-holding-to-thwart-Saint-Gobains-offer_69599.html
April 20, 2015
Asahi Kasei announced today that its pharma unit has decided to pull out of the nutritional products business, which began in 1983 with the launch of a tube feeding powder formula...
http://www.chemweek.com/home/top_of_the_news/Asahi-Kasei-to-withdraw-from-nutritional-products-business_69597.html
April 20, 2015
BASF said today that, in its fight against counterfeiting in the crop protection market, it is investing in brand new antifake technology. In China, the company is introducing a...
http://www.chemweek.com/home/top_of_the_news/BASF-introduces-technology-to-tackle-counterfeit-crop-protection-products-in-China_69596.html
April 20, 2015
Air Products says that it has been awarded a contract by Saudi Aramco to build and operate the world’s largest industrial gas complex. The total investment necessary to build the facility is about $2.1 billion, Air Products says....
http://www.chemweek.com/home/top_of_the_news/Air-Products-wins-contract-from-Aramco-to-build-worlds-largest-industrial-gas-complex_69594.html
April 20, 2015
Industries Qatar (Doha), a company listed on the Qatari stock exchange and which has shareholdings in some of the major local producers, including Qatar Petrochemical Co., Qatar...
http://www.chemweek.com/home/top_of_the_news/Industries-Qatar-reports-lower-first-quarter-net-profit-and-revenue_69593.html
April 20, 2015
A recent spike in styrene prices in Asia is pressuring derivative producers to raise prices as their margins narrow amid short covering, tight supply, and concerns over lower stocks...
http://www.chemweek.com/home/top_of_the_news/Asia-styrene-derivative-prices-track-feedstock-price-hikes_69592.html
April 20, 2015
National Industrialization Co. (Tasnee) today announced its interim results covering the first quarter. Tasnee reports a net loss of 332.5 million Saudi riyals ($88.6 million) in the...
http://www.chemweek.com/home/top_of_the_news/Tasnee-swings-to-loss-in-first-quarter_69591.html
April 20, 2015
BASF and specialty chemicals distributor Gustav Grolman (Neuss, Germany) are collaboratively marketing Baxxodur-brand amine-based curing agents in Europe. Grolman will initially market...
http://www.chemweek.com/home/top_of_the_news/BASF-Grolman-to-collaboratively-market-curing-agents-for-epoxy-resins_69589.html
April 20, 2015
CB&I said today that it has been awarded a contract by NefteGazIndustriya, through project developer Maveg GmbH, to provide engineering and procurement services for the Afipsky Oil...
http://www.chemweek.com/home/top_of_the_news/CB-and-I-awarded-contract-to-upgrade-refinery-in-Russia_69603.html
April 20, 2015
Sabic on Sunday reported a drop in first-quarter sales and profits but said it will continue with global investments to expand capacity. First quarter net profit declined 39%...
http://www.chemweek.com/home/top_of_the_news/Sabics-first-quarter-profits-revenues-decline-on-lower-selling-prices_69585.html
April 20, 2015
Mylan on Friday dismissed a possible takeover by Teva Pharmaceuticals. “We note that there has been some media speculation with regard to a potential bid for Mylan by Teva and...
http://www.chemweek.com/home/top_of_the_news/Mylan-dismisses-possible-takeover-by-Teva_69587.html
April 19, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, today reported a 50.3% drop in its first-quarter net profit to 205.4...
http://www.chemweek.com/home/top_of_the_news/Petro-Rabigh-reports-large-drop-in-first-quarter-profits_69586.html
April 17, 2015
National Petrochemical Company (NPC; Tehran) expects to start up a second 1 million m.t./year ethylene plant at the Kavian petrochemical complex in Assaluyeh, Iran, by September, according to a local news report....
http://www.chemweek.com/home/top_of_the_news/NPC-aims-to-start-up-second-Kavian-cracker-by-September-report_69582.html
April 17, 2015
The US Dept. of Commerce on 14 April issued a preliminary determination that China and the Caribbean nation of Trinidad and Tobago have been subsidizing melamine imported to the United States, and that the imports can therefore be subjected to countervailing duties. Commerce says it will announce a final determination in late August....
http://www.chemweek.com/home/top_of_the_news/Commerce-proposes-countervailing-duties-for-melamine-from-China-Trinidad-and-Tobago_69581.html
April 17, 2015
The first shipments of an anticipated wave of styrene imports have started to arrive in Europe. This week, imports totaling approximately 15,000 m.t. arrived there from the United...
http://www.chemweek.com/home/top_of_the_news/Wave-of-styrene-imports-starts-to-arrive-in-Europe-from-US_69568.html
April 17, 2015
Applied Graphene Materials (Wilton, UK), which engages in the R&D, manufacture, and sale of graphene, has reported positive preliminary findings following independent performance...
http://www.chemweek.com/home/top_of_the_news/Applied-Graphene-reports-positive-test-results-with-graphene-reinforced-PU-coatings_69558.html
April 17, 2015
LG Chem (Seoul), South Korea s largest chemical company, says net profits declined 14% in the first quarter of 2015 compared with the year-ago period, to 246.1 billion South Korean won...
http://www.chemweek.com/home/top_of_the_news/LG-Chem-reports-falls-in-profits-sales_69557.html
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