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August 5, 2014
DSM today reported second-quarter net profit from continuing operations before exceptional items of €110 million ($147.6 million), 20% down on the year-earlier quarter. Revenues...
http://www.chemweek.com/home/top_of_the_news/DSM-reports-lower-sales-earnings-on-negative-currency-effects-weakness-in-caprolactam_62979.html
August 5, 2014
The petrochemical business of Idemitsu Kosan reports a 35.1% fall in operating profits for the company's fiscal first quarter, ended 30 June, compared with the year-ago period, to...
http://www.chemweek.com/home/top_of_the_news/Idemitsu-Kosans-petrochemical-business-reports-fall-in-profits_62978.html
August 5, 2014
Three former senior executives of Innospec have been jailed and another received a suspended prison sentence in the United Kingdom for bribing Indonesian officials to extend the life...
http://www.chemweek.com/home/top_of_the_news/UK-jails-former-Innospec-executives-for-Indonesia-corruption_62980.html
August 4, 2014
Saudi International Petrochemical Co. (Sipchem; Al Khubar) announced today that its International Polymers Co. (IPC) affiliate has begun trial runs of its the ethylene vinyl acetates...
http://www.chemweek.com/home/top_of_the_news/Sipchem-and-Hanwha-begin-trial-runs-at-EVA-LDPE-plant-at-Al-Jubail_62948.html
August 4, 2014
RusVinyl, an equally owned joint venture between Sibur (Moscow) and SolVin, on 3 August began test batch production of polyvinyl chloride (PVC), Sibur announced today. Solvay holds a...
http://www.chemweek.com/home/top_of_the_news/RusVinyl-begins-producing-PVC-in-Russia_62961.html
August 4, 2014
Vladislav Baumgertner, former CEO of Uralkali (Berezniki, Russia), one of the world’s largest potash producers, will remain under house arrest until October, the Russian Legal...
http://www.chemweek.com/home/top_of_the_news/Former-Uralkali-CEO-to-remain-under-house-arrest-until-October_62960.html
August 4, 2014
BP announced today that the government of Indonesia, through the Ministry of Environment (Jakarta), has approved the Tangguh liquefied natural gas (NGL) expansion project and issued an...
http://www.chemweek.com/home/top_of_the_news/BP-receives-environmental-permit-for-LNG-expansion-project-in-Indonesia_62959.html
August 4, 2014
Teijin reports more than a sevenfold increase in net profits for its fiscal first quarter, ended 30 June, compared with the year-ago quarter, to ¥1.64 billion ($16 million)...
http://www.chemweek.com/home/top_of_the_news/Teijin-reports-rise-in-profits_62955.html
August 4, 2014
Teijin says it discontinued production of para-xylene (p-xylene) at its plant at Matsuyama, Japan, in March. The 290,000-m.t./year plant at Matsuyama was the only location where Teijin...
http://www.chemweek.com/home/top_of_the_news/Teijin-exits-p-xylene-business_62954.html
August 4, 2014
Arab Potash Co. (Amman), a major producer of potash, reports a 4% increase in output in the first six months of the year, to 1.01 million m.t., and a 9% rise in sales to 1.19 million...
http://www.chemweek.com/home/top_of_the_news/Arab-Potash-reports-lower-earnings-on-higher-energy-costs-and-lower-prices_62953.html
August 4, 2014
Lubrizol says that it has acquired Vesta (Franklin, WI), a contract manufacturer for the global medical device industry. Lubrizol acquired Vesta from RoundTable Healthcare Partners...
http://www.chemweek.com/home/top_of_the_news/Lubrizol-acquires-manufacturing-services-company-for-medical-device-industry_62952.html
August 4, 2014
Ashland's specialty ingredients commercial unit says that it will expand capacity at its Natrosol hydroxyethylcellulose (HEC) production facility at Nanjing, China, by 4,000...
http://www.chemweek.com/home/top_of_the_news/Ashland-to-expand-HEC-capacity-at-Nanjing_62950.html
August 3, 2014
Taiwanese authorities said on Saturday that they are investigating the role of LCY Chemical Corp. (Taipei) in the series of explosions at Kaohsiung on Thursday that killed 28 people...
http://www.chemweek.com/home/top_of_the_news/Taiwan-to-investigate-LCY-Chemical-Corp-in-propylene-explosions-at-Kaohsiung-as-death-toll-rises_62925.html
August 3, 2014
WeylChem (Frankfurt), part of International Chemicals Investors Group, has appointed Frank Wegener as president. Wegener is currently president of Kemira’s municipal &...
http://www.chemweek.com/home/top_of_the_news/WeylChem-appoints-Kemira-executive-as-president_62931.html
August 1, 2014
Leading engineering and construction firm Bechtel has announced the appointment of Brendan Bechtel as president and COO and member of the board of directors of Bechtel Group. He will...
http://www.chemweek.com/home/top_of_the_news/Bechtel-appoints-chairmans-son-as-president-and-COO_62932.html
August 1, 2014
Arkema has agreed to supply propylene from Enterprise Products Partners (Houston) as part of Arkema's procurement policy for key raw materials, the company announced today. The...
http://www.chemweek.com/home/top_of_the_news/Arkema-signs-propylene-procurement-agreement-with-Enterprise-in-the-US_62927.html
August 1, 2014
Wacker today reported a near doubling in second-quarter net profit and a major increase in sales in all its business segments. Net income rose 94.7%, to €29.4 million ($39.4...
http://www.chemweek.com/home/top_of_the_news/Wacker-raises-sales-and-earnings-confirms-forecast-upgrade_62926.html
August 1, 2014
Cambrex (East Rutherford, NJ) reports a more than eightfold increase in net profits for the second quarter of 2014 compared with the second quarter of 2013, to $19.66 million...
http://www.chemweek.com/home/top_of_the_news/Cambrex-reports-huge-rise-in-profits_62924.html
August 1, 2014
Mitsui Chemicals reports a 27.6% fall in net profits for the fiscal first quarter, ended 30 June, compared with the year-ago quarter, to ¥3.4 billion ($33 million). Sales in the...
http://www.chemweek.com/home/top_of_the_news/Mitsui-Chemicals-reports-fall-in-profits_62922.html
August 1, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits decreased by 46.8% in its fiscal first quarter, ended 30 June, compared with the year-ago quarter...
http://www.chemweek.com/home/top_of_the_news/Mitsubishi-Chemical-reports-huge-fall-in-profits-closes-Kashima-cracker_62921.html
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