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April 17, 2014

Five members of the Silicones Environmental, Health, and Safety Center (SEHSC) of the American Chemistry Council (ACC) and the US EPA have agreed on the environmental monitoring of the siloxane D4, an intermediate in the production of silicone polymers, says ACC. The program will support EPA’s assessment of the environmental risk associated with D4, also known as octamethylcyclotetrasiloxane.

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http://www.chemweek.com/home/top_of_the_news/Producers-EPA-agree-on-environmental-monitoring-for-siloxane-D4_60390.html
April 17, 2014
DuPont reports first-quarter operating earnings of $1.5 billion, up 1% year-on-year (YOY), as weaker agriculture results offset gains in other segments. Operated earnings of $1.58/share, were up 1% from the year-ago quarter. Reported results were in line with analyst estimates as reported by Thomson Reuters (New York), which had been lowered in recent weeks after DuPont said first-quarter results would be hurt due to winter storms in North America and business disruptions in Ukraine....
http://www.chemweek.com/home/top_of_the_news/DuPont-earnings-up-1-percent-despite-revenue-slip-on-weak-ag-results_60359.html
April 17, 2014
Platform Specialty Products (PSP; Waterbury, CT), has entered into a definitive agreement to acquire Chemtura's agrochemicals business for $1 billion. The price consists of...
http://www.chemweek.com/home/top_of_the_news/Platform-acquires-Chemturas-agrochemicals-business-for-$1-billion_60358.html
April 17, 2014
PPG today reported net income from continuing operations up 45% year-on-year (YOY), to $277 million, on sales from continuing operations up 17%, to $3.6 billion. Adjusted earnings...
http://www.chemweek.com/home/top_of_the_news/PPG-earnings-beat-estimates-on-higher-volumes_60366.html
April 17, 2014
AkzoNobel registered €129 million ($178.3 million) in net income attributable to shareholders in the first quarter, up 45% year-on-year (YOY) mainly due to lower financing...
http://www.chemweek.com/home/top_of_the_news/AkzoNobels-first-quarter-net-income-up-on-lower-financing-costs_60356.html
April 17, 2014
Polief (Blagoveshchensk, Russia), a subsidiary of Sibur (Moscow), has completed a polyethylene terephthalate (PET) expansion, increasing capacity from 140,000 m.t./year, to 210,000...
http://www.chemweek.com/home/top_of_the_news/Sibur-subsidiary-completes-PET-expansion-in-eastern-Russia_60354.html
April 17, 2014
Alpek (San Pedro Garza García, Mexico) reported $24 million in net income during the first quarter, 61% down year-on-year (YOY) but a significant improvement from the $9-million...
http://www.chemweek.com/home/top_of_the_news/Alpek-reports-61-percent-drop-in-first-quarter-net-income_60355.html
April 16, 2014
SI Group (Schenectady, NY) has agreed to acquire the antioxidant, ibuprofen and propofol businesses of Albemarle for an undisclosed amount of cash. The deal includes manufacturing...
http://www.chemweek.com/home/top_of_the_news/SI-Group-to-acquire-Albemarles-antioxidants-and-ibuprofen-business_60349.html
April 16, 2014
LyondellBasell has increased its first-quarter interim dividend by 17% and announced plans to continue repurchasing shares....
http://www.chemweek.com/home/top_of_the_news/LyondellBasell-increases-interim-dividend-plans-additional-buybacks_60325.html
April 16, 2014
Syngenta had $4.7 billion in sales during the first quarter, according to the company's latest trading statement, released today. The figure represents a 2% increase from the same...
http://www.chemweek.com/home/top_of_the_news/Syngentas-first-quarter-sales-up-2-percent-to-$4-7-billion_60322.html
April 16, 2014
Evonik Industries today announced leadership changes in some of the company’s businesses. Gregor Hetzke will head Evonik’s advanced intermediates business unit, effective 1...
http://www.chemweek.com/home/top_of_the_news/Evonik-announces-leadership-changes_60321.html
April 16, 2014
BASF says it is building a new, world-scale plant to produce specialty amines at Ludwigshafen. The facility, which will have a production capacity of 12,000 m.t./year, is expected to...
http://www.chemweek.com/home/top_of_the_news/BASF-to-build-specialty-amines-plant-at-Ludwigshafen_60320.html
April 16, 2014
Pharmaceutical company SeQuent Scientific (Bangalore, India), on 15 April, informed the Bombay Stock Exchange (Mumbai) that it has signed an agreement with Songwon Industrial (Ulsan...
http://www.chemweek.com/home/top_of_the_news/Songwon-to-acquire-specialty-chemicals-business-of-Indian-pharma-firm-SeQuent_60319.html
April 16, 2014
Davey: In this instance, the incident didn’t result in any environmental harm. The Environment Protection Authority (EPA) of the state of New South Wales (NSW) in Australia...
http://www.chemweek.com/home/top_of_the_news/Environment-Protection-Authority-initiates-legal-proceedings-against-Orica-over-ammonia-leak_60177.html
April 15, 2014
Mosaic agreed to acquire Archer Daniels Midland's (ADM) fertilizer distribution business in Brazil and Paraguay for $350 million. The price assumes the delivery of $150 million in...
http://www.chemweek.com/home/top_of_the_news/Mosaic-acquires-ADMs-fertilizer-distribution-businesses-in-Brazil-and-Paraguay_60315.html
April 15, 2014
Shintech, the US subsidiary of Shin-Etsu Chemical (Tokyo), has applied to the Louisiana Department of Environment Quality for a permit to build a 500,000-m.t./year ethylene plant. The company says it has not chosen a site, but a leading candidate will be land already owned by Shintech....
http://www.chemweek.com/home/top_of_the_news/Shintech-seeks-permit-for-Louisiana-ethylene-plant_60314.html
April 15, 2014
The Chlorine Institute and ACC have asked the US District Court for the District of Minnesota to prevent Canadian Pacific Railway from imposing a restrictive new requirement on shippers of chlorine and other toxic inhalation hazard materials. The Fertilizer Institute has joined the complaint....
http://www.chemweek.com/home/top_of_the_news/ACC-CI-sue-to-stop-railroad-from-imposing-new-shipping-restrictions_60304.html
April 15, 2014
K+S Potash Canada (Saskatoon, SK), a subsidiary of K+S Group (Kassel, Germany); and Pacific Coast Terminals (PCT; Port Moody, BC) have signed an exclusive, long-term contract for the...
http://www.chemweek.com/home/top_of_the_news/K+S-signs-long-term-handling-storage-agreement-for-potash-project-in-Canada_60297.html
April 15, 2014
Agricultural chemical firm Nufarm (Melbourne) announced on 15 April that, following a previously announced review of its manufacturing operations in New Zealand, the company has...
http://www.chemweek.com/home/top_of_the_news/Nufarm-to-close-manufacturing-plant-in-New-Zealand_60296.html
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