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February 12, 2015
Showa Denko reports a 41% fall in net profits for the fourth quarter of 2014 compared with the year ago quarter, to ¥1.36 billion ($11.4 million). Fourth-quarter sales for the...
http://www.chemweek.com/home/top_of_the_news/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-mixed-results_67753.html
February 12, 2015
SAFC Commercial, the custom-manufacturing and services business unit of Sigma-Aldrich (St. Louis), reports a 9.0% increase in sales in the fourth quarter of 2014 compared with the...
http://www.chemweek.com/home/top_of_the_news/SAFC-reports-rise-in-fourth-quarter-sales_67752.html
February 12, 2015
Showa Denko says that it will form a joint venture with Eternal Materials Co. (Kaohsiung, Taiwan), a producer of plastics, specialty chemicals, and electronic chemicals, to build a new...
http://www.chemweek.com/home/top_of_the_news/Showa-Denko-and-Taiwanese-firm-form-JV-to-build-bulk-molding-compounds-plant-in-China_67750.html
February 12, 2015
Odfjell reported a net loss of $18 million in the fourth quarter of 2014, an improvement on the $101-million net loss posted by the company in the corresponding period of 2013. Revenue...
http://www.chemweek.com/home/top_of_the_news/Odfjells-net-loss-narrows-no-benefit-yet-from-lower-fuel-costs_67768.html
February 12, 2015
Huntsman today announced that it will reduce its titanium dioxide (TiO2) production capacity by about 100,000 m.t./year, representing 13% of Huntsman's...
http://www.chemweek.com/home/top_of_the_news/Huntsman-confirms-plan-to-reduce-titanium-dioxide-capacity-in-Europe_67745.html
February 12, 2015
Daelim's petrochemical production site at Yeosu, South Korea. Daelim Industrial (Seoul) says that its petrochemical division plans to expand production capacity at its highly reactive...
http://www.chemweek.com/home/top_of_the_news/Daelim-to-expand-polybutene-capacity-at-Yeosu_67743.html
February 12, 2015
Braskem swung to a net loss of 24 million reais ($8.4 million) during the last quarter of 2014; the company broke even in the same quarter of 2013.  Over the whole of 2014...
http://www.chemweek.com/home/top_of_the_news/Braskem-swings-to-a-net-loss-in-the-fourth-quarter_67757.html
February 12, 2015
Private equity firm 3i Group says that it has received an offer from another private equity firm, Apax Partners, to buy 3i's majority stake in specialty chemicals distributor Azelis...
http://www.chemweek.com/home/top_of_the_news/Private-equity-firm-3i-in-talks-to-sell-specialties-distributor-Azelis-to-another-private-equity-company_67754.html
February 11, 2015
Production of ethylene in the Russian Federation declined by more than 10% during 2014 to a total of 2.4 million m.t. Production in 2013 reached 2.67 million m.t. The main reason for...
http://www.chemweek.com/home/top_of_the_news/Russian-ethylene-production-declines_67740.html
February 11, 2015
Industries Qatar, a shareholder in Qatar Fuels Additives (Qafac), has announced the official startup of a 145.5 million Qatari riyals ($40.0 million) carbon dioxide recovery facility...
http://www.chemweek.com/home/top_of_the_news/Qafac-opens-CO2-recovery-unit-hikes-methanol-output_67739.html
February 11, 2015

The Texas Commission on Environmental Quality (TCEQ) issued on 9 February a preliminary determination approving a 750,000 m.t./year ammonia plant that BASF and Yara propose to build at Freeport, TX. BASF and Yara have not yet committed to the project, which was first announced in October 2013.

...

http://www.chemweek.com/home/top_of_the_news/TCEQ-gives-preliminary-approval-to-BASF-Yara-ammonia-project_67737.html
February 11, 2015
Trian released a letter to DuPont shareholders restating its critique of the company’s performance. The letter notes that DuPont has consistently missed its financial targets in recent years, and that earnings have remained below 2011 levels over the last three years. “Had management met its financial targets since 2011, earnings per share would be 51% higher than it is today,” the letter says....
http://www.chemweek.com/home/top_of_the_news/Trian-files-proxy-with-DuPont-director-nominees-and-steps-up-management-criticism_67725.html
February 11, 2015
“Demand exceeded our expectations as customers came to the market in force seeking to replenish empty inventories ahead of an expected strong spring application season in North America,” says Jim Prokopanko, Mosaic president and CEO....
http://www.chemweek.com/home/top_of_the_news/Mosaic-earnings-more-than-double-on-higher-prices-and-strong-potash-volumes_67722.html
February 11, 2015
Prayon (Engis, Belgium) says that it will build a manufacturing unit for food-grade sodium hexametaphosphate (SHMP) that will double the company's SHMP capacity. The plant will be...
http://www.chemweek.com/home/top_of_the_news/Prayon-to-build-food-grade-phosphate-plant-in-US_67719.html
February 11, 2015
Equate Petrochemical, (Kuwait City), a joint venture among Petrochemical Industries Co., Dow Chemical, Boubyan Petrochemical Co., and Qurain Petrochemical Industries, today...
http://www.chemweek.com/home/top_of_the_news/Equate-reports-decline-in-profit-says-2015-and-beyond-will-be-challenging_67718.html
February 11, 2015
DSM's net profit from continuing operations before exceptional items in the fourth quarter of 2014 amounted to €89.0 million ($100.7 million), down about 12% from €101.0...
http://www.chemweek.com/home/top_of_the_news/DSMs-fourth-quarter-net-profit-down-about-12-percent_67717.html
February 11, 2015
A Tessenderlo Group (Brussels) subsidiary says that it has purchased the herbicide assets of norflurazon or Solicam from a Syngenta crop protection subsidiary headquartered in...
http://www.chemweek.com/home/top_of_the_news/Tessenderlo-acquires-certain-herbicide-assets-from-Syngenta_67716.html
February 11, 2015
Merck KGaA (Darmstadt, Germany) says that it is partnering with FlexEnable (Cambridge, UK), the leader in developing and industrializing flexible organic electronics and that, as part...
http://www.chemweek.com/home/top_of_the_news/Merck-KGaA-partners-with-UK-based-company-for-plastic-LCD-technology_67714.html
February 11, 2015
Ineos has warned that its massive UK manufacturing complex at Grangemouth, Scotland, has no long-term future if the Scottish government does not reverse its decision to impose a...
http://www.chemweek.com/home/top_of_the_news/Ineos-Grangemouth-complex-has-no-long-term-future-if-Scotland-bans-fracking_67713.html
February 11, 2015
EuroChem Group AG (Zug, Switzerland), a leading global producer of fertilizers, today reported consolidated revenues for the year ended 31 December 2014 of 193 billion Russian rubles...
http://www.chemweek.com/home/top_of_the_news/EuroChem-reports-net-loss-in-2014-as-the-Russian-currency-weakens_67723.html
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