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July 22, 2014
ZeoGas (Houston), a developer of natural gas-to-gasoline projects, has entered into a license agreement to use ExxonMobil's research and engineering subsidiary’s...
http://www.chemweek.com/home/top_of_the_news/ZeoGas-to-use-ExxonMobil-methanol-to-gasoline-technology-in-US-Gulf-Coast-project_62627.html
July 22, 2014
CB&I and Clariant announced today that their previously announced Ziegler-Natta (ZN) polypropylene (PP) catalyst production plant in Louisville, KY is on schedule to begin...
http://www.chemweek.com/home/top_of_the_news/CB-and-I-and-Clariant-to-commission-PP-catalyst-plant-at-Louisville-next-year_62626.html
July 22, 2014
The Saudi fertilizer industry leads regional production and is set to usher in a period of strong growth and diversification, according to Abdulwahab Al Sadoun, secretary-general of...
http://www.chemweek.com/home/top_of_the_news/Saudi-Arabian-fertilizer-industry-set-for-growth-and-diversification_62630.html
July 21, 2014
Sabic today reported second-quarter net profit increased 7%, to 6.46 billion Saudi riyals ($1.72 billion), with operating profit rising 1%, to SR10.07 billion. Sales were up 7% to...
http://www.chemweek.com/home/top_of_the_news/Sabic-reports-higher-sales-and-profit-says-US-shale-unlikely-to-make-impact-for-some-time_62602.html
July 21, 2014
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has signed a two-year contract with Qatar Navigation (Milaha; Doha) for the time charter of the...
http://www.chemweek.com/home/top_of_the_news/Muntajat-signs-agreement-with-Qatari-shipping-firm-to-export-ammonia_62601.html
July 21, 2014
Reliance Industries’ consolidated net profit in the first quarter of fiscal 2015 rose 13.7%, to 59.6 billion Indian rupees ($1.00 billion), compared with the year-earlier period...
http://www.chemweek.com/home/top_of_the_news/Reliance-reports-higher-sales-and-earnings-polyesters-impact-petchems-margin_62600.html
July 21, 2014
Air Liquide announced today that it has signed an agreement with Natgasoline (Beaumont, TX), a wholly owned subsidiary of OCI (Sittard, Netherlands), to supply oxygen for...
http://www.chemweek.com/home/top_of_the_news/Air-Liquide-to-provide-ASU-to-planned-OCI-methanol-plant_62612.html
July 21, 2014
Westlake Chemical Partners (Houston) announced on 21 July the start of its initial public offering of 11.25 million common units, which are to be listed on the New York Stock Exchange as WLKP. The company, a master limited partnership established to operate the ethylene production facilities of Westlake Chemical (Westlake; Houston), aims to be priced at $19–21/unit, about $225 million in total....
http://www.chemweek.com/home/top_of_the_news/Westlake-launches-$225-million-IPO-of-ethylene-MLP_62611.html
July 21, 2014
American Vanguard announced on Friday that lower-than-normal purchasing of corn inputs and reduced production levels at the company's manufacturing facilities will affect its...
http://www.chemweek.com/home/top_of_the_news/American-Vanguard-warns-on-second-quarter-earnings_62610.html
July 21, 2014
Evonik Industries and AkzoNobel say they have entered into negotiations to build a membrane cell electrolysis production facility at AkzoNobel’s Ibbenbüren, Germany, site...
http://www.chemweek.com/home/top_of_the_news/AkzoNobel-and-Evonik-join-forces-in-membrane-cell-chlor-alkali-project-in-Germany_62608.html
July 21, 2014
Evonik Industries has confirmed plans to build a previously announced plant to produce precipitated silicas at Americana, Brazil, near São Paulo. Evonik says it is investing...
http://www.chemweek.com/home/top_of_the_news/Evonik-confirms-plans-for-precipitated-silicas-plant-in-Brazil_62606.html
July 21, 2014
Maire Tecnimont (Rome) today announced it has signed a memorandum of understanding (MOU) with the Fatima Group, a fertilizer player based in Pakistan; and Midwest Fertilizer Corp...
http://www.chemweek.com/home/top_of_the_news/Maire-Tecnimont-signs-MOU-to-build-large-fertilizer-complex-in-the-US_62605.html
July 21, 2014
Investment banking group Goldman Sachs has become a partner in Turkey’s largest integrated port, operated by Petkim, the country’s leading petrochemicals producer. The deal...
http://www.chemweek.com/home/top_of_the_news/Petkim-sells-stake-in-Petlim-Port-in-Turkey-to-Goldman-Sachs_62604.html
July 18, 2014
Honeywell says that profit in its performance materials and technologies (PMT) segment  was $475 million, up 8% from the prior year. Segment revenue rose 6% year-on-year...
http://www.chemweek.com/home/top_of_the_news/Honeywell-posts-stronger-performance-materials-earnings_62590.html
July 18, 2014
EuroChem (Moscow), a top-10 fertilizer company globally, has announced the appointment of Terje Bakken as head/marketing and sales. Bakken will report to EuroChem CEO Dmitry Strezhnev...
http://www.chemweek.com/home/top_of_the_news/Former-Yara-executive-to-join-EuroChem-management-board_62585.html
July 18, 2014
LG Chem (Seoul) today reported a 43% drop in second-quarter net profit, to 226.8 billion South Korean won ($220.3 million), citing poor performance in its chemical sales and a strong...
http://www.chemweek.com/home/top_of_the_news/LG-Chem-reports-lower-second-quarter-profits-flat-revenues_62583.html
July 18, 2014
Elemental Minerals (Perth, Australia), a mineral exploration company whose primary asset is the Sintoukola potash project in the Republic of the Congo, has announced that John Sanders...
http://www.chemweek.com/home/top_of_the_news/Elemental-Minerals-appoints-new-managing-director_62581.html
July 18, 2014
Mylan (Pittsburgh) has entered into a definitive agreement with Abbott to acquire Abbott's non-US developed markets specialty and branded generics business in an all-stock transaction...
http://www.chemweek.com/home/top_of_the_news/Mylan-to-acquire-Abbotts-non-US-branded-generics-pharma-business_62580.html
July 18, 2014
Yara International (Oslo) today reported strong second-quarter results, with improved European commodity margins because of lower gas price. Lower nitrate deliveries impacted results...
http://www.chemweek.com/home/top_of_the_news/Yara-reports-strong-second-quarter-results-hikes-NPK-capacity-in-Finland_62579.html
July 18, 2014
Yuhuang Chemical (Houston), a newly created subsidiary of Shandong Yuhuang Chemical, will invest $1.85 billion in a world-scale methanol manufacturing complex on the Mississippi River...
http://www.chemweek.com/home/top_of_the_news/Chinese-firm-to-invest-$1-85-billion-in-methanol-complex-in-Louisiana-Air-Liquide-to-provide-technology_62582.html
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