IHS Chemical Week

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Displaying 1 - 20 of 11616 stories.
May 6, 2015
Evonik Industries says today it started 2015 with a “strong performance,” generating one of its best quarterly results since 2009. The company reported sales of €3.43...
http://www.chemweek.com/home/top_of_the_news/Evonik-reports-increase-in-sales-profit-"one-of-its-best-quarters-since-2009"_70115.html
May 6, 2015
Brenntag has announced today that it achieved sales of €2.57 billion ($2.86 billion) in the first quarter of 2015, compared with €2.42 billion in the corresponding period in...
http://www.chemweek.com/home/top_of_the_news/Brenntag-reports-"strong-performance-in-all-regions"-increases-profit-confirms-outlook_70113.html
May 6, 2015
Airgas says that it has opened a new specialty gas facility at Tooele, UT. The facility will provide a critical link in the supply chain for high-purity and precision-blended specialty...
http://www.chemweek.com/home/top_of_the_news/Airgas-opens-specialty-gas-facility-in-Utah_70114.html
May 6, 2015
Arkema on Wednesday reported an 18% increase in first-quarter Ebitda to €237 million ($266.3 million) on sales, including contribution from recently acquired Bostik, up 23% to...
http://www.chemweek.com/home/top_of_the_news/Arkema-reports-higher-first-quarter-sales-Ebitda-but-net-income-declines_70109.html
May 6, 2015
BASF on Wednesday inaugurated its new Ultramid nylon 6 and 6,6 polymerization plant at the Shanghai Chemical Industry Park at Caojing, near Shanghai. The new plant, with a capacity of...
http://www.chemweek.com/home/top_of_the_news/BASF-inaugurates-large-nylon-polymerization-plant-in-China_70111.html
May 6, 2015
Momentive Performance Materials says that Erick Asmussen has been named senior v.p. and chief financial officer (CFO) of the company effective 26 May. As a result of the new...
http://www.chemweek.com/home/top_of_the_news/Momentive-appoints-new-CFO_70110.html
May 5, 2015
Bayer MaterialScience said on Wednesday that it has appointed Steffan Huber as president Greater China, effective 1 April, 2015, in a move to speed up shaping the future of the...
http://www.chemweek.com/home/top_of_the_news/Bayer-MaterialScience-appoints-Greater-China-president_70108.html
May 5, 2015
The IRS has issued a proposed ruling that could jeopardize plans to put petrochemical assets into tax-saving master limited partnerships (MLPs). The document specifically states that income derived from a steam cracker would not qualify for MLP status, directly contradicting a ruling issued on 2 July 2012....
http://www.chemweek.com/home/top_of_the_news/Proposed-IRS-ruling-threatens-cracker-MLPs_70105.html
May 5, 2015
Borealis on Tuesday announced the appointment of Anja Krusel as v.p./group controlling, effective 1 May 2015. She succeeds executive board member Mark Tonkens, who became CFO on 1...
http://www.chemweek.com/home/top_of_the_news/Borealis-taps-Microsoft-for-new-financial-post_70084.html
May 5, 2015
Bayer CropScience on Tuesday announced a strategic innovation partnership with Flagship Ventures, a leading venture capital and venture-creation firm. The partnership also includes an...
http://www.chemweek.com/home/top_of_the_news/Bayer-CropScience-forms-innovation-partnership-with-venture-capital-firm-Flagship-Ventures_70082.html
May 5, 2015
Solvay says that it has completed the previously announced sale of its Germany-based refrigerant activities and pharma propellants to Daikin Industries (Osaka), since its newly...
http://www.chemweek.com/home/top_of_the_news/Solvay-completes-divestment-of-refrigerant-activities-in-Germany-to-Daikin_70080.html
May 5, 2015
Signing of the collaboration agreement at CPCIF headquarters in Beijing. China Petroleum and Chemical Industry Federation (CPCIF; Beijing)—an umbrella organization composed of...
http://www.chemweek.com/home/top_of_the_news/Chinese-chemical-industry-association-and-IHS-sign-collaboration-agreement_70079.html
May 5, 2015
Agricultural chemical firm Nufarm (Melbourne) says that its board of directors today appointed COO and acting CEO Greg Hunt as the company's new managing director and CEO. Hunt was...
http://www.chemweek.com/home/top_of_the_news/Nufarm-appoints-CEO_70078.html
May 5, 2015
BASF says that Sanjeev Gandhi, member of the company’s board of executive directors, took over the responsibility for BASF’s operations in Asia/Pacific on 1 May. In this...
http://www.chemweek.com/home/top_of_the_news/BASF-appoints-board-member-head-of-Asia-operations_70076.html
May 5, 2015
Jacobs Engineering says that it has been awarded an engineering, procurement and construction management (EPCM) contract for the previously announced expansion at Huntsman’s...
http://www.chemweek.com/home/top_of_the_news/Jacobs-awarded-contract-for-Huntsmans-polyetheramine-capacity-expansion-project-in-Singapore_70087.html
May 5, 2015
Amin Nasser: Saudi Aramco career veteran named CEO.  Saudi Aramco has confirmed that Khalid Al Falih has been appointed chairman of the company, and it has announced...
http://www.chemweek.com/home/top_of_the_news/Aramco-names-new-CEO-to-be-separated-from-oil-ministry-in-major-shakeup_70040.html
May 4, 2015
Dow Chemical will reduce its global workforce by 1,500–1,700, about 3% of the company’s total, to streamline operations as a result of the pending divestment of most of its chlor-alkali assets. Dow says it also plans “minor” adjustments to its manufacturing assets. Dow says the actions will save $300 million in annual operating costs. The actions are expected to be completed during the next two years....
http://www.chemweek.com/home/top_of_the_news/Dow-to-cut-workforce-by-3-percent_70058.html
May 4, 2015
Westlake says conversions to cost-advantaged ethane feedstock improved first-quarter margins in the vinyls chain, but the gain was more than offset by lower margins in olefins. The company reports first-quarter net income of $146 million, down 7.6% year-on-year (YOY) from $158 million. Net sales increased 7.4% YOY to $1.104 billion, mainly on the contribution of Vinnolit, the specialty PVC resin business acquired last July. Earnings per share of $1.10 fell short of the analysts’ consensus estimate of $1.18, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/home/top_of_the_news/Westlake-misses-estimates-as-crude-takes-toll-on-olefin-margins_70057.html
May 4, 2015
ICL (Tel Aviv) said today that its industrial products unit is closing a production line in Israel that produces the FR-1210 (DECA) flame-retardant product. ICL, because of the move to...
http://www.chemweek.com/home/top_of_the_news/ICL-to-close-flame-retardant-plant-after-long-strike-and-customers-moving-to-alternative-suppliers_70041.html
May 4, 2015
PQ has named George Biltz president and CEO, effective 1 May. Biltz succeeds Michael Boyce, who will continue to serve as PQ chairman. PQ is a leading producer of silicates...
http://www.chemweek.com/home/top_of_the_news/PQ-confirms-new-CEO_70055.html
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